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Schneider Electric to set up 13.6 MW solar projects for Bisleri

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Schneider Electric India Private Limited and Bisleri International Private Limited have signed an agreement to develop 13.6 MW of solar power projects across four states in India. Under the agreement, Schneider Electric will install solar power systems at Bisleri’s production facilities in Maharashtra, Tamil Nadu, Karnataka, and Uttar Pradesh.  This initiative aligns with ‘Bisleri’s Greener Promise’ and aims to enhance the company’s sustainability efforts.  The solar installations will span six major Bisleri plants, with Schneider…

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Lohum sets up 1,000 MTPA lithium refinery; plans IPO

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Lohum has announced the establishment of a battery-grade lithium refinery with a capacity of 1,000 metric tonnes per annum (MTPA). The company has also begun producing value-added materials such as cathode active materials (CAM), which are essential for lithium-ion battery manufacturing. Lohum’s lithium recovery technology boasts over 90% efficiency, significantly surpassing the industry average of 60-70%. The company aims to achieve 99.99% purity with ongoing research and development.   Additionally, Lohum plans to raise $200 million…

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Tata Power signs MoU with Andhra Pradesh for 7,000 MW green energy projects

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Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power Company Limited, has signed a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh to develop up to 7,000 MW of renewable energy projects.   Under this partnership, TPREL and the Andhra Pradesh government will explore solar, wind, and hybrid projects, with or without storage solutions.  The agreement, signed in Amaravati, involves an estimated Rs 490 billion investment, making it one of the state’s…

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Dalmia Bharat subsidiary acquires 34.52% stake in solar power firm

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Dalmia Cement (Bharat) Limited (DCBL), a wholly owned subsidiary of Dalmia Bharat Limited, has signed an agreement to acquire a 34.52% equity stake in Kilavikulam Rajalakshmi Solar Power Developer Private Limited. The acquisition, valued at Rs 30 million, will help DCBL source up to 10 MW of solar power as a captive consumer in Tamil Nadu. The solar power generated under this arrangement will be eligible for captive consumer status under the Electricity Act and…

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Shakti Pumps secures Rs 239.1 million order for solar water pumping systems

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Shakti Pumps Limited has received a letter of award (LoA) from the Maharashtra Energy Development Agency (MEDA) to install 877 solar photovoltaic water pumping systems across Maharashtra.  The project falls under Component B of the PM-KUSUM scheme for promoting solar energy in agriculture. The contract is valued at approximately Rs 239.1 million and is set for completion within 120 days. The scope of work includes designing, manufacturing, supplying, transporting, installing, testing, and commissioning the solar…