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IDFC Alternatives acquires three solar projects from Punj Lloyd

The India infrastructure fund of IDFC Alternatives has bought three solar projects in Rajasthan and Punjab from Punj Lloyd Infrastructure as part of the company’s plan to set up a strong foothold in the renewable energy space through acquisitions — as much as 1 GW in a year or so. IDFC Alternatives signed the deal […]

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NTPC to set up 50 MW solar project in Andaman & Nicobar Island

NTPC will be installing 50MW solar power projects with battery energy storage system at different locations in Port Blair in Andaman & Nicobar Island. A Memorandum of Understanding (MOU) has been signed between NTPC, Andaman & Nicobar Administration & Ministry of New and Renewable Energy in New Delhi. The power generated from the commissioned solar […]

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TANGEDCO releases tenders for solar projects

Tamil Nadu Generation and Distribution Corporation Limited has released tenders for solar power projects in 2016-17. This is the first time the distribution company has floated tenders for solar projects, while the previous ones were scrapped by Tamil Nadu Electricity Regulatory Commission in 2014. Since then TANGEDCO has been signing MoUs at a fixed tariff […]

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Suzlon partners with Canadian Solar for 30 MW solar projects in Telangana

Suzlon Group has partnered with Canadian Solar for two solar projects of 15 MW each at the sites of Ramannapet and Kamareddy, Telangana. Canadian Solar shall acquire 49% stake in Avighna Solarfarms Limited and Amun Solarfarms Limited, the special purpose vehicles (SPVs) setup by Suzlon for executing these projects. Canadian Solar shall provide its top […]

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Suzlon collaborates with Unisun Energy for 15 MW Solar Project in Telangana

Suzlon Group has announced a joint venture with the Unisun Energy Group for the development and construction of a 15MW Solar PV Project located at Bhainsa, Adilabad District, Telangana. According to the contract signed between Suzlon Group and the Unisun Energy Group on August 22, 2016, the Unisun Energy Group shall acquire a 49% stake […]

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MYSUN receives a funding of $2.5 Million; Hemant Taneja joins the company’s board

Recently launched solar marketplace MYSUN (www.itsmysun.com) has received an initial funding of $ 2.5 million. This is the first round of funding after the company was founded by Gagan Vermani and two of his colleagues Divyanshu Sachdev and Gyan Prakash Tiwari in September, 2015 to focus on demand creation, technology, big data, analytics and standardization […]

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Hartek Power secures 460 MW solar orders

Hartek Power has announced that the company has bagged orders for commissioning of 460MW solar projects in the first half of the current financial year, registering an increase of 373% over last year when the company had secured 123MW orders. The 460MW orders secured by the Chandigarh based solar firm include 16 substation projects of […]

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Tata Power designates three independent directors

Tata Power has appointed three independent directors – Anjali Bansal, Vibha Padalkar and Sanjay Bhandarkar – on the its board with effect from October 14, 2016. The appointments are in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Tata Power said in a statement today. While Bansal is a […]

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