Proposed projects under JNNSM to add over 500 MW
POWER & RENEWABLE ENERGY

Proposed projects under JNNSM to add over 500 MW

The total capacity of all the proposed solar power projects, under the Jawaharlal Nehru National Solar Mission (JNNSM), that have confirmed financial closure exceeds 500 MW. These include all the seven solar thermal projects, whose total capacity is 470 MW. At an approximate cost of Rs 12 crore a megawatt of capacity and working at a debt-equity mix of 70:30, the implication of the financial closures is that banks in India have come forward to lend around  
Rs 4,500 crore to the solar sector.

The total capacity of all the proposed solar power projects, under the Jawaharlal Nehru National Solar Mission (JNNSM), that have confirmed financial closure exceeds 500 MW. These include all the seven solar thermal projects, whose total capacity is 470 MW. At an approximate cost of Rs 12 crore a megawatt of capacity and working at a debt-equity mix of 70:30, the implication of the financial closures is that banks in India have come forward to lend around  Rs 4,500 crore to the solar sector.

Next Story
Infrastructure Urban

Exide Industries appoints Manoj Kumar Agarwal as Director – Finance & CFO

Exide Industries Ltd has announced the appointment of Manoj Kumar Agarwal as Director – Finance & Chief Financial Officer, effective 1st May 2025. The decision was finalised during the board meeting held on 30th April 2025, following the retirement of Asish Kumar Mukherjee, who served in the same role for 18 years.Agarwal joined Exide in February 2023 as Deputy CFO. In this capacity, he led critical functions including finance, accounts, audit, treasury, taxation, IT, and procurement. In his new role, he will continue to oversee these areas while focusing on strengthening Exide’s finan..

Next Story
Resources

Nuvoco’s ‘Sabse Khaas Pehelwaan’ Ends with Grand Finale in Delhi

Nuvoco Vistas Corp, India’s fifth-largest cement group by capacity, concluded the grand finale of Nuvoco Duraguard Cement presents ‘Sabse Khaas Pehelwaan’ on May 2, 2025, at the Talkatora Indoor Stadium, New Delhi. This prestigious wrestling championship was designed to discover and celebrate emerging talent across Haryana. It reflects Nuvoco Duraguard Cement’s unwavering commitment to strength, resilience, and excellence—values that align seamlessly with both Nuvoco’s premium products and the timeless sport of wrestling, an integral part of Haryana’s cultural identity. The..

Next Story
Resources

hansgrohe wins double gold at iF DESIGN AWARDS 2025

Premium bath and kitchen brand hansgrohe has clinched two Gold awards at the iF DESIGN AWARD 2025, standing out among nearly 11,000 entries from around 66 countries. The brand’s Avalegra mixer tap and Raindance Alive shower system were lauded for redefining everyday water experiences through innovation and design. The hansgrohe Avalegra, an elegant reinterpretation of handwashing, impressed jurors with its graceful curves and integrated washbasin design. The standout feature — a gentle face spray fountain — replaces traditional splashing, offering a refreshing and hygienic twist to hand..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?