State-run power major NTPC Tuesday said it has won 40 MW solar energy projects in an auction conducted by Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA). “NTPC participated in UPNEDA’s tender for 500 MW Solar capacity with two bids of 20 MW each at Auraiya and Rihand,” the company said in a statement. […]
Yashovardhan Birla declared willful defaulter by UCO Bank
UCO Bank on Sunday declared Yashovardhan Birla, the Director of Birla Surya Ltd, as a willful defaulter after the company failed to repay loans of Rs 67.65 crore. Yashovardhan Birla is also the Chairman of the Yash Birla Group. In a public notice which also carried a photo of Yashovardhan Birla, UCO Bank said the […]
Mahindra Electric expects to double EV sales in FY20 too
Mahindra Electric, a part of the Mahindra group, Tuesday said it expects to continue with the sales momentum of the last fiscal in which it doubled sales on the back of its focus on electric vehicles for fleet operators and three-wheelers. The company, which saw electric vehicles sales grow two-and-a-half times to 10,276 units in […]
Commissioning of 50Mwac Solar Power Project in the State of UP by Adani Green Energy
Adani Green Energy (UP), a wholly owned subsidiary of Adani Green Energy has commissioned 50 MWac Solar Power Project on 10 May 2019 in the State of Uttar Pradesh. The off-taker for the Said Project is Uttar Pradesh Power Corporation Limited. The PPA is for 25 years. The approved PPA tariff, at present, is Rs. […]
ZunRoof raises USD 1.2 million
Rooftop solar solutions provider ZunRoof has raised USD 1.2 million (around Rs 8 crore) from Godrej family office to fund expansion plans and strengthen product portfolio. ZunRoof said the funding comes at an integral time for the company, which is working towards fulfilling the government’s target of achieving 40 GW of rooftop solar by 2022. […]
MP govt invites bids for 25 MW rooftop solar projects
Madhya Pradesh government Tuesday said it has invited bids for 25 MegaWatt (MW) rooftop solar projects for industrial units in the state. The tenders have been invited by state-owned Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) and the last day to submit financial bids is May 10, 2019. “Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) […]
Siemens Gamesa commissions 10 MW solar project for Lakshmi Machine Works
Clean energy solutions provider Siemens Gamesa Thursday said it has commissioned 10 MW solar power project for Lakshmi Machine Works (LMW) in Tamil Nadu. As part of the contract, Siemens Gamesa provided an EPC (engineering procurement and construction) solution that included engineering and design of the solar farm, procurement, erection and commissioning of the 10 […]
Tata Power-DDL ties up with European firms to implement smart grid pilot in Delhi
Tata Power-DDL Friday joined hands with European firms Enedis, Schneider Electric, Odit-e and VaasaETT to implement a 1-megawatt smart grid demonstration project in the national capital, which would be insulated from any blackout in the main grid. This microgrid will cater to a specific area which could be connected to main grid or can be […]