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SWREL Gets Two Projects In Rajasthan And Karnataka

Leading EPC firm Sterling and Wilson Renewable Energy Limited (SWREL), received two domestic orders. One order is for an EPC project for a GWH-scale stationary battery energy storage project in Rajasthan. This project is for a 500 x 2 (1,000 MWhr) standalone BESS plant in the region. Additionally, the company also secured a 20 MW []

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Gujarat: Gensol Bags Rs 600cr Order From PGVCL For PV Project

Gensol Engineering won the bid for 116 MW (150 MWp) of solar projects in Gujarat with an estimated revenue of around Rs 600 crore. These projects will be distributed across 27 diverse locations, all under the purview of Paschim Gujarat Vij Company Ltd.(PGVCL), the state electricity distribution company. Gensol Engineering is a Gujarat-based solar power []

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Top 5- Key Initiatives By Indian Railways To Reduce Impact On Environment

The Indian Railways have been hard at work with their green push, with the electrification of the Indian railways nearing 100% soon. That will make the railways the worlds largest green network. However, that is not the only green push the railways have been involved with. Today, we look at some of the major initiatives []

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NTPC May Take Up Its Renewable Portfolio To 30 GW Soon

Indias power behemoth, NTPC Limited is now all set to achieve 30 GW of renewable capacity in the next few years. As per the top management of the company the company currently has a total renewable portfolio of 3.6 GW. However the current pace of works goes on, the Indian Central Public Sector Enterprise (CPSE) []

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iFOREST Report Sees Potential For More Ambitious Renewable Targets In Assam

iFOREST a research-based organization, in a recent report on enabling renewable energy in Assam recognized the steps taken by the Assam government to increase renewable energy (RE) penetration. It considered the states progress since the announcement of the Assam Renewable Energy Policy 2022 (AREP 2022) in November 2022. iFORESTs research indicates the need for accelerated []

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PM Modi Laid Foundation Stone Of Seven SJVN Projects

Prime Minister Narendra Modi virtually dedicated four power stations of SJVN to the nation. These projects included the 60 MW Naitwar Mori hydropower station project in Uttarakhand, 75 MW Parasan solar power station, 75 MW Gurhah solar power station, and 50 MW Gujrai solar power station in Uttar Pradesh in Adilabad, Telangana. The Prime Minister []

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Q3 Results-Sterling and Wilson Renewable Continues Recovery With Order wins

Sterling and Wilson Renewable Energy Limited (SWRE), one of the leading solar EPC and O&M solutions provider, announced its financial results for the quarter (Q3) ended 31st December 2023. Its consolidated loss in the third quarter (Q3) of FY24 stood at INR 63.7 crore compared to INR 101.2 crore year ago, and revenue rose 43 per []

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MNRE Approved Bihars Proposal Under PM KUSUM (Comp-C): Minister

The Ministry of New and Renewable Energy (MNRE) in its latest reply before the Parliament said that the ministry approved the proposal of Bihar under Component C of the PM-KUSUM scheme. MNRE Minister RK Singh in his written statement before the Lok Sabha said that the state had moved an application to the Centre seeking []

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Sterling & Wilson Renewable Energy Raises INR 1,500 Cr via QIP Route

Sterling & Wilson Renewable Energy Limited (SWRE) has announced the completion of a fundraise of INR 1,500 crore through Qualified Institutions Placement (QIP) route. The Securities Issuance Committee of Board of Directors, at its meeting held on December 14, 2023, approved the issue and allotment of 4,32,27,665 equity shares of face value Re. 1 each []

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