|

Odisha Approves Rs 92 Billion Investment in Solar Manufacturing Facilities

By

The Odisha government has approved proposals from Grew Energy, Saatvik Solar, Jakson Engineers, and Jupiter Renewables to establish solar cell and module manufacturing facilities, totalling an investment of over Rs 92 billion. Grew Energy: Plans to invest Rs 45.3 billion in Ganjam to set up an ingot-to-solar module facility. Saatvik Solar Industries: Intends to invest Rs 13.67 billion in a solar factory in Khurda. Jakson Engineers: Aims to invest Rs 13.54 billion for a similar…

|

Tata Power acquires SPV for ERES-XXXIX project

By

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has transferred the special purpose vehicle (SPV), ERES-XXXIX Power Transmission Limited, to Tata Power Company Limited through a tariff-based competitive bidding process. The project involves establishing a 765/400 kV, 2×1500 MVA gas-insulated switchgear substation at Gopalpur in Odisha, along with 199 km of 765 kV transmission lines and 25 km of 400 kV lines, including associated works.  The project will be…