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Switch Mobility of Ashok Leyland to Invest Rs 1,000 Crore in EV Plant

Ashok Leyland is looking bullish on electrification of the buses business in a big way. The major Indian auto player in the large vehicles’ segment has planned to invest Rs 1,000 crore in a dedicated electric vehicle (EV) plant in coming days. Ashok Leyland will be investing through its subsidiary Switch Mobility in South India. […]

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NTPC floats O&M tender for 5 blocks of 250 MWp Mandsaur solar plant

Power utility NTPC Limited has invited bids for the comprehensive Operation and Maintenance (O&M) of 5 blocks (50*5) of its 250 MWp Mandsaur solar PV plant for 3 years. NTPC invites these online bids on Single Stage Two Envelope Bidding basis (Envelope-I: Techno-commercial Bid & Envelope-II: Price Bid) from eligible bidders. Key details of the tender […]

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Borosil Renewables Plans To Become Largest Non Chinese Solar Glass Manufacturer

Solar panel glass manufacturer Borosil Renewables has announced that it will invest Rs 1,500 crore  over the next two years to expand its capacity by nearly 2.5 times and supply glass for 15 GW of solar modules by FY25. As of March 2022, India has around 15 GW of solar module manufacturing capacity. Due to stiff […]

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Bids For 1250 MW Solar Plants Under PMKUSUM-C Invited in Madhya Pradesh

Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) has invited bids for the selection of Renewable Power Generators (RPGs) through tender process for setting up 1250 MW grid-connected Solar PV-based Power Plants (SPP) connected to selected 33/ 11 kV substation in Madhya Pradesh. MPUVNL will sell the solar power so procured to Madhya Pradesh Power Management Company Limited (MPPMCL) […]

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Chinese UPS and Inverter Major KSTAR Opens Vietnam Plant

KSTAR, the global power conversion firm, has announced that its first Vietnam manufacturing factory, called KSTAR Vietnam Project Phase I has officially topped out. Occupying an area of 47,715 square meters, KSTAR’s new Manufacturing-Base is located in Haiphong City, the biggest port city in Northern Vietnam. It’s being built to meet the surging demand of its export orders and […]

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SECI signs MoU with Min of Home Affairs to set up solar panels

Solar Energy Corporation of India (SECI) has signed an Memorandum of Understanding (MoU) with the Union Ministry of Home Affairs (MHA) in order to harness the potential of solar energy on the available rooftop areas in the campuses of the Central Armed Police Forces (CAPF) and National Security Guard (NSG), an official press release states. […]

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MSEDCL floats 431 MW solar tender in Maharashtra

Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) has invited bids for the procurement of 431 MW solar power from decentralised solar projects of minimum 0.5 MW to maximum 2 MW capacity under component-A of PM Kusum Scheme to be developed in Maharashtra. Key details of the tender released by MSEDCL are as follows: Pre-bid Conference Meeting Date […]

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World Bank says Pakistan must call for 11GW renewable energy bids

Variable Renewable Energy Competitive Bidding Study – a new study by the World Bank – has said that Pakistan will require a call for competitive bidding for over 11 GW of renewable energy solar and wind power plants between the present and 2028. The study stated that this is needed to ensure that the future […]

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Jindal Acquires Earth Energy EV in a bid to enter EV market

Jindal Worldwide has announced that it has acquired Mumbai-based EV startup Earth Energy EV through one of its subsidiaries – Jindal Mobilitric. The acquisition also marks the entry of Jindal Worldwide into the electric vehicle sector of India. The financial details of the deal are yet to be disclosed. The official statement of Jindal Worldwide […]

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