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Kolkata-based Vikram Solar Limited, a leading, and one of the earliest solar photo-voltaic module manufacturers at scale in India, has filed its draft red herring prospectus (DRHP) with SEBI to raise funds through an initial public offering (IPO). With over 15 years of industry experience as of 31 March 2024, Gyanesh Chaudhary led Vikram Solar […]
Nextracker, a leading global provider of intelligent solar trackers, foundations, and software solutions, has inaugurated its third, and India’s first Center for Solar Excellence (CFSE) in Hyderabad, India. Spanning across 13 acres this state-of-the-art facility will serve to advance solar tracker technology. The CFSE will feature a 30,000 square foot, state-of-the-art lab, a comprehensive solar tracker […]
NTPC Renewable Energy Limited (NTPC REL) has released a tender for a land and power evacuation package to develop 1 GW (1000 MW) ISTS-connected solar PV projects in the Bidar Region in Karnataka. The tender sets October 24th as the last date for bid submission. In the brief scope of work, the tender detailed the […]
The Gujarat Energy Development Agency (GEDA) has now planned to add 40 MW of new solar capacities by solarising its government buildings. In its one of the recent tenders, GEDA sought bidders who can form a Joint Venture with the government to install rooftop solar on government buildings. As per the mandate, the state nodal […]
Borosil Renewables has now completed buying a 49 percent stake in Clean Max Prithvi Private Limited (CMPPL), a subsidiary of Clean Max. CMPPL was incorporated on March 14, 2023. The company has set out to construct and operate hybrid solar and wind power plants. CMPPL has not yet initiated its operations; however, its acquisition is […]
Renewable energy project developer BluPine Energy today announced the successful commissioning of its 120 MW solar project in Gujarat. This project includes a 70 MW solar plant at Radhanpur and a 50 MW solar plant at Nenava, both located in the northern part of the state. The project achieved financial closure under the GUVNL 16 […]
The Kerala government’s Energy Management Centre (EMC) has initiated plans to power Cochin Shipyard Limited (CSL) with renewable energy. To move forward with this initiative, a tender has been issued seeking consultants for the project. The last date of bid submission is September 30. Established in 1972, Cochin Shipyard Limited is a prominent shipbuilding and […]
Power Minister Manohar Lal made a strong case for India to push thermal power growth till 2035, due mainly to the inability of renewable capacity additions to fill the gap in demand. India’s peak power demand is projected to reach 458 GW by 2032, a number that cannot be met by even the planned 500 […]
In what is probably a first at this scale for a renewable project, Madhya Pradesh (MP) and Uttar Pradesh (UP) are undertaking a new 2 GW solar power project which would help to meet the seasonal electricity demands of both states. Madhya Pradesh’s peak power demand usually coincides with rabi crop season between October and […]
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