Shapoorji Pallonji’s FPSO Armada Sterling-V Achieves Sail-Away Readiness Updated On Thu, Nov 3rd, 2022 by Saurenergy India’s sole specialist in Floating Production Storage and Offloading Units (FPSOs), Shapoorji Pallonji Oil & Gas Pvt Ltd (SP O&G) has achieved a significant milestone of sail-away readiness for its FPSO Armada Sterling V at Sembcorp Shipyard in Singapore. The FPSO is owned by a 70:30 joint partnership between SP O&G and the Malaysian Bumi […] Read more
It’s Shopping Sunday For Reliance With 40% Stake in Sterling And Wilson Solar Updated On Sun, Oct 10th, 2021 by Saurenergy In a Stock exchange filing today, Sterling and Wilson Solar has informed the exchange about the signing of definitive agreements by Reliance New Energy Solar Ltd (RNESL), a wholly-owned subsidiary of Reliance Industries Ltd (Reliance), and Shapoorji Pallonji and Company Private Ltd (SPCPL), Khurshed Daruvala and Sterling and Wilson Solar Ltd (SWSL) to acquire 40.0% […] Read more
CERC Rejects SECI Plea For Adopting Tariffs for 150 MW Rihand Floating Solar Project Updated On Mon, Apr 19th, 2021 by Saurenergy The floating solar project at Rihand Dam, where SECI, as the nodal agency had duly completed the auction process to arrive at a price of Rs 3.29 /unit looks set to be further delayed with the central regulator, Central Electricity Regulatory Commission rejecting the tariff adoption plea. The project has been widely touted as India’s […] Read more
Floating Solar On Fast Lane With Start of Work On 100 MW NTPC Ramagundam Project Updated On Mon, Jun 22nd, 2020 by Saurenergy With Work finally starting on NTPC Ramagundam’s Floating solar project, with a planned capacity of 100 MW, floating solar is back in focus. The Ramagundam project is being built on the balance reservoir of NTPC’s Ramagundam Super Thermal Power Station, with a nameplate capacity of 2600 MW itself. The reservoir itself gets its water from […] Read more
Sterling and Wilson Solar Takes Top Spot as Global Solar EPC Service Provider Updated On Tue, May 28th, 2019 by Saurenergy The company was also ranked as the largest Solar EPC solutions provider in India with a market share of 16.6%, 3 times the size of its closest competitor. Sterling and Wilson Solar Limited, a subsidiary of the Shapoorji Pallonji group, has been ranked as the world’s largest Solar EPC service provider by IHSMarkit in its […] Read more
Sprng Buys Shapoorji Pallonji’s 194 MW Operational Solar Assets Updated On Mon, Apr 1st, 2019 by Saurenergy Shapoorji Pallonji Infrastructure Capital (SP Infra) has sold 194 MW of operating solar portfolio to Sprng Energy, a renewable energy platform in India by London-based private equity firm Actis. The deal size has not been disclosed. However, media reports suggest that solar asset’s enterprise value is close to $200 Million or over Rs. 13.8 […] Read more
Risen Energy Wins 50MW PV Contract from Bitexco Group’s Arm Updated On Fri, Oct 26th, 2018 by Saurenergy The electricity generated by the project will be provided to EVN, the Vietnamese state grid. Australia-based solar PV panels maker Risen Energy has won the bid for the NHI HA 50MW solar power station project owned by Vietnam-based Bitexco Group’s subsidiary Thap Cham Solar. The company said in a statement that, combined with the contracts won by […] Read more
Shapoorji Pallonji Examines Solar Development Possibility in Uzbekistan Updated On Tue, Sep 25th, 2018 by Saurenergy Shapoorji Pallonji is examining the possibilities of a solar power station in the renewable energy-longing country. Uzbekistan, after eyeing to harness sunlight for its power requirements, is now projecting possibilities to have solar power plants to the tune of 50-100 MW. Leading Indian infrastructure company, Shapoorji Pallonji is examining the possibilities of a solar power […] Read more
Shapoorji Pallonji Collects Solar Imports without Paying Safeguard Duty Updated On Mon, Aug 13th, 2018 by Saurenergy Shapoorji Pallonji is asked to extend a bond of amount equivalent to safeguard duty and will have to pay the amount if the tariff is upheld with all clarity. Adding heat to the already simmering imposition of safeguard duty on solar imports from China and Malaysia, Madras High Court has allowed Shapoorji Pallonji Infrastructure to […] Read more
