Sherisha Rooftop Solar SPV Four Private Limited, a step-down subsidiary of Refex Renewables & Infrastructure Limited, has partnered with LC Infra Projects Private Limited to form LC Infra Solar LLP.
The LLP will develop a 150 MW solar power project awarded by Maharashtra State Power Generation Limited. LC Infra Solar LLP has been established with a capital contribution of Rs 10,000, with SPV Four holding a 26% stake.
Encavis has secured €60.7 million in non-recourse project financing for its solar plant in Lindenhof, Borrentin, located near Demmin in Mecklenburg-Western Pomerania. The plant is expected to be operational by the end of September 2024 and will generate 121 GWh of electricity annually. The financing, provided by Bayerische Landesbank, supports Encavis’ growth strategy, with around 74% of the plant’s output secured through a ten-year power purchase agreement (PPA) with a corporate buyer. The financing package…
ITI Limited has received an order worth Rs 3 billion from the Bihar Renewable Energy Development Authority (BREDA) to supply and install 100,000 solar street light systems under the Mukhyamantri Gramin Solar Street Light Yojana. The project will cover districts including Gopalganj, Siwan, Samastipur, Purnia, Araria, Gaya, Darbhanga, Patna, Katihar, and Khagaria. The Naini Plant of ITI Limited will manage the supply and installation, which will be supervised by BREDA. Key components of the system…
At the RE-Invest event in Gandhinagar, Gujarat, several renewable energy developers have made significant capacity creation commitments as part of their “Shapath Patra” agreements with the government. Reliance Industries (RIL) has pledged to set up 100,000 MW of additional renewable capacity by 2030, alongside manufacturing 20,000 MW per year of integrated solar PV and equivalent glass capacity. Other major commitments include: NTPC Ltd: 41,300 MW ReNew: 40,000 MW Adani Green Energy: 38,300 MW Hero Future…
The New and Green Energy of Assam Limited (NGEAL) has floated a tender for the supply, installation, commissioning, operation, and maintenance of a 25 MW/100 MWh Battery Energy Storage System (BESS) at the 400 kV Kurkurmara (Mirza) grid substation in Kamrup district, Assam. The last date for bid submission is November 25, 2024. Bidders must submit a bid security of Rs 10 million and a document fee of Rs 23,600. The project must be completed…
Union Home Minister Amit Shah inaugurated Gujarat’s largest waste-to-energy plant in Ahmedabad on the eve of the Gujarati New Year. The PPP-based plant, developed at Piplaj in partnership with Jindal Urban Waste Management Limited, will process 1,000 metric tons of waste daily, generating 15 megawatts of electricity per hour. Built at a cost of approximately Rs 3.75 billion, the plant uses RDF-based Martin Reverse Grate Firing Technology, where municipal solid waste is incinerated to produce…
Serbia’s 2025 Budget Law introduces its first Green Budget annex, allocating EUR 1 billion to 64 projects aimed at environmental protection and energy efficiency. The budget earmarks EUR 528.4 million for railway projects, including the Hungarian-Serbian railway and Belgrade’s urban subway system, designed to reduce CO2 emissions and enhance energy efficiency. In addition to transportation, the Green Budget focuses on renewable energy projects, including the development of sustainable waste and water management systems, flood protection,…