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Foundation stone laid for projects worth Rs 337 billion in Chhattisgarh
Prime Minister Narendra Modi laid the foundation stone, initiated construction, and dedicated multiple development projects worth over Rs 337 billion in Bilaspur, Chhattisgarh. The projects focus on electrification, rail connectivity, coal and power sectors, solar energy, and gas infrastructure. He highlighted that electricity is now reaching previously underserved regions, improving infrastructure and quality of life….
Good Energy to acquire solar installer Empower Energy
Renewable energy provider Good Energy Group has signed a conditional binding agreement to acquire Empower Energy, a commercial solar installation company, for an initial consideration of £7 million ($7.56 million). The acquisition, structured on a debt-free, cash-free basis, includes £6.25 million in cash and the allotment of 254,237 new ordinary shares in Good Energy at…
Sahaj Solar secures Rs 364.2 million solarisation project in Tripura
Sahaj Solar has won a contract from the Tripura Renewable Energy Development Agency (TREDA) to solarise 2 HP grid-connected agricultural pumps under the PM-KUSUM scheme’s Component C. The project involves designing, surveying, manufacturing, supplying, and commissioning 3 kWp grid-connected power plants with interfacing devices for the pumps. It also includes a five-year warranty, annual maintenance…
NHPC to develop 2,000 MW pumped storage in Rajasthan
NHPC Limited and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) have signed a Memorandum of Understanding (MoU) to develop two pumped storage projects (PSPs) of 1,000 MW each in Rajasthan. The projects will be implemented through a joint venture (JV) between the two entities. This move strengthens NHPC’s presence in Rajasthan, where it recently began…
Hanwha Qcells secures $1.45bn loan guarantee for US solar manufacturing facility
Hanwha Qcells Georgia has secured a $1.45 billion loan guarantee from the US Department of Energy’s Loan Programs Office (LPO) to fund the development of a solar supply chain facility in Cartersville, Georgia. This facility will become the largest ingot and wafer production plant in the US and the first fully integrated silicon-based solar manufacturing…
KPIL secures Rs 20.38 bn orders in T&D and building projects
Kalpataru Projects International Limited (KPIL) has won new orders worth Rs 20.38 billion in the transmission and distribution (T&D) sector across domestic and international markets, along with building projects in India. These orders increase KPIL’s year-to-date (YTD) order intake to Rs 193.61 billion. KPIL is a leading engineering, procurement, and construction (EPC) firm engaged in…
