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IKEA Parent Company Acquires 49% Stake in 2 US Solar Projects

Ingka Group, the strategic partner to IKEA, has reached an agreement with CIP to acquire a 49 percent stake in two solar PV projects in Utah and Texas. Ingka Group, the strategic partner to the IKEA franchisee system, has reached an agreement with Copenhagen Infrastructure Partners (CIP) to acquire a 49 percent stake in two […]

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Tata Power Commissions 150 MW Solar Plant in Pokharan

Tata Power Renewable Energy has commissioned a 150 MW solar capacity project in Pokharan, Rajasthan. Tata Power, India’s largest integrated power company, has announced that its wholly-owned subsidiary Tata Power Renewable Energy (TPREL) has commissioned a 150 MW solar capacity project in Pokharan, Rajasthan. The company had won this capacity in a bid at a […]

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Bharathi Cement Goes Solar With 10 MW Facility in Andhra

Bharathi Cement has commissioned a 10 MW ground-mounted solar power plant in its manufacturing facility at Kadapa in Andhra Pradesh One of India’s leading Cement manufacturer, Bharathi Cement has announced that it has commissioned a 10 MW ground-mounted solar power plant in its manufacturing facility at Kadapa in Andhra Pradesh, as part of its long-term […]

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Tata Motors Sponsors GenZ’s Interest in Developing EV

Supports IIT Bombay students’ participation in the Formula Student UK 2019 Tata Group’s automotive manufacturer Tata Motors has collaborated with IIT Bombay Racing Team, sponsoring a team of 70 budding engineers to fulfill their aspirations of developing an electric race car “EVoK”. IIT Bombay Racing is India’s premier Formula Student Electric team with a vision […]

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HPCL Floats Tender for 980 kW Solar Plants at 2 Terminals

HPCL has tendered for setting up of 980 kW solar projects at two of its terminal in Secunderabad and Bhatinda. Hindustan Petroleum Corporation Limited (HPCL) has issued a tender for setting up of solar PV systems worth a cumulative 980 kW at two of its terminal in Secunderabad, Telangana and Bhatinda, Punjab. The scope of […]

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SECI Extends Bid Submission Deadlines for 2 Solar Tenders

SECI has announced the extension in bid submission deadlines for two solar tenders. The 1500 MW CPSU-II and the 275 MW UP Solar Park. The Solar Energy Corporation of India (SECI), following up on its recent trend, has announced the extension in bid submission deadlines for two solar tenders, the 1500 MW CPSU-II and the […]

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Evolution II Fund Reaches Final Close at $216 Million

Inspired Evolution has secured additional commitments, to reach total capital commitments of USD 216 million at the final closing of its Evolution II Fund. Investment management business, Inspired Evolution has secured a further USD 87.75 million in commitments from CDC Group, Cyane Holdings, the European Investment Bank, KLP Norfund Investments, Morgan Stanley Alternative Investment Partners […]

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MERC Approves Petition Seeking Deviation in PPA/PSA for 252 MW Solar Projects

MERC has approved the plea’s made by MSPGCL for seeking deviations in the PPA and approved PSA for the 252 MW out of 302 MW solar projects   The Maharashtra Electricity Regulatory Commission (MERC) has in its latest order approved the plea’s made by the Maharashtra State Power Generation Co. Ltd. (MSPGCL) for seeking deviations […]

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PGCIL Wins Inter-State Transmission Project in Rajasthan

PGCIL has bagged an inter-state power transmission project under a tariff-based competitive bidding process, which would benefit Rajasthan and MP State-owned utility Power Grid Corporation of India (PGCIL) has revealed that it has bagged an inter-state power transmission project under a tariff-based competitive bidding process, which would benefit Rajasthan and Madhya Pradesh. “Power Grid Corporation has been declared as the successful bidder under […]

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