Ramalingam Construction has been declared the lowest (L1) bidder for the development of distribution infrastructure in the Kozhikode and Palakkad districts of Kerala. The turnkey contract, awarded by Kerala State Electricity Board (KSEB), falls under the Northern Region Package-I as part of the revamped reforms-based and results-linked distribution sector scheme. The bid value for the project is Rs 2.14 billion.
Megha Engineering & Infrastructures Ltd (MEIL) has committed an investment of Rs 210 billion to develop two pumped storage hydro projects in Maharashtra, with a combined capacity of 4,000 MW. The projects include the Kamod pumped storage project in Nandurbar and the Ghosla pumped storage project in Chhatrapati Sambhajinagar, both to be executed under the build-operate-maintain (BOM) model. The MoU for these projects was signed with the Water Resources Department (WRD), Maharashtra, in the presence…
Adani Green Energy Ltd (AGEL) has completed a 50:50 joint venture (JV) with TotalEnergies. As part of this JV, TotalEnergies has invested USD 444 million to acquire a 50 per cent stake in AGEL’s solar projects at the world’s largest renewable energy plant in Khavda, Gujarat. The agreement was signed with TotalEnergies Renewables Singapore and Adani Renewable Energy Sixty Four (ARE64L). AGEL and TotalEnergies now hold an equal 50:50 stake in ARE64L, which houses a…
Marsons has received a letter of intent (LoI) from Nacof Oorja to develop a 150 MW grid-interactive ground-mounted solar PV power generation plant in Rajasthan. The project, comprising multiple units across various locations, is being executed for Rajasthan Renewable Energy Corporation Limited (RRECL) under the KUSUM Scheme, aimed at providing daytime power to agricultural consumers. In collaboration with Aditya Clean Systems for technical support, the total order value of the project is estimated at approximately…
REC Power Development & Consultancy Ltd (RECPDCL) has shortlisted Power Grid Corporation of India Ltd (PGCIL), Sterlite Power, and Adani Energy Solutions Ltd (AESL) for setting up evacuation infrastructure for hydropower projects in Himachal Pradesh under the ISTS scheme. This project, housed under Shongtong Power Transmission Ltd, follows a tariff-based competitive bidding (TBCB) process. The three developers have cleared the technical bid stage, and their initial price bids will soon be opened. The bidding will…
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