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Pratik Agarwal, Managing Director, Sterlite Power, has revealed that his company will invest Rs 50,000 crore in renewable energy in the state of Karnataka. Speaking at the Global Investors’ Meet, Pratik Agarwal held, “Over the next five years, we plan to increase the renewable capacity by 10-fold and invest close to Rs 50,000 crore into […]
After the Global Investors’ Summit got off to a strong start, Karnataka increased its fundraising target by Rs 2.5 lakh crore to Rs 7.5 lakh crore, according to Union Finance Minister Nirmala Sitharaman. “When this global meeting was first being arranged, their initial expectations and goals were in the neighborhood of 5 lakh crore. Now […]
ABC Cleantech recently announced that it had signed a Memorandum of Understanding (MoU) with the Government of Karnataka as part of “INVEST Karnataka 2022” for setting up a green hydrogen production unit. According to the company, this unit will produce 0.2 million tonnes of green hydrogen annually and 1 million tonnes of green ammonia annually, […]
Renewable energy conglomerate ReNew Power hopes to invest INR 30,000 crore in the coming two years in solar and wind energy capacities according to reports. ReNew Power Chairman Sumant Sinha has said that ReNew has 5,000 MW of projects which it is building presently as it has won auctions and has Power Purchase Agreements. The […]
Karnataka Power Corporation Ltd. (KPCL) has floated a tender for the operation and maintenance (O&M tender) of 1.15 MW capacity (AC). This 1.15 MW solar power plant is a floating solar plant installed at YCCPP Raw Water Pond, Bengaluru. The last date for submitting the online bid is October 28, 2022, till 4:00 pm and […]
When Prime Minister Narendra Modi launched the Start Up India movement in 2015 on August 15, perhaps even he wouldn’t have imagined the role startups were going to play in India’s clean energy transition. After all, the energy sector, with its tremendous policy overhang, large capital commitments, and the need for a long term perspective […]
India increased its solar PV capacity by over 9.9 GW in the first 8 months of CY-22. In comparison to the same period of last year, it’s a 22.2% y-o-y growth. In the first 8 months of CY-21, India added 8147.27 MW. In August -22, India added 1328.92 MW of solar. In comparison to the […]
Karnataka Cooperative Milk Producer’s Limited (KMF) has invited proposals to provide project management consultancy services to assist the federation in setting up an approximately 100 MW group captive open access solar power project. The last date for submitting the online bid is October 4, 2022, and the bids will be opened on October 7, 2022. […]
Suzlon Group has announced a new order win for the development of a 180.6 MW wind power project for Green Infra Wind Energy Limited, which is a renewable energy subsidiary of Sembcorp. Under the new order, Suzlon will install 86 wind turbine generators with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of […]
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