Bihar Railway Empanels Firms for Rooftop Solar
The Bihar Railway has taken a significant step towards promoting renewable energy by empanelling firms for the installation of rooftop solar systems. This initiative underscores the railway's commitment to sustainability and reducing its carbon footprint. By empanelling firms for rooftop solar projects, the Bihar Railway aims to harness solar energy to power its operations, thereby reducing its dependence on conventional sources of electricity and contributing to environmental conservation.
Additionally, the adoption of rooftop solar systems is expected to lead to cost savings for the ..
BREDA seeks bids for 200MW solar on Bihar Govt rooftops
Bihar Renewable Energy Development Agency, commonly known as BREDA, has recently issued a tender for the installation of grid-connected rooftop solar power plants of various capacities. This initiative falls under the CAPEX model and aims to establish solar power plants with an estimated capacity of 200 MW across government buildings in Bihar.
The tender from BREDA called for bids through a national competitive bidding process (NCB). It solicited proposals for the design, supply, erection, testing, and commissioning of solar projects, inclusive of warranty, comprehensive operation, and..
Karnataka, Gujarat Lead Clean Energy Push, Others Lag: Report
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MNRE Eases Approval Process for CPSU Solar Parks
In a significant move to streamline the approval process for solar park development, the Ministry of New & Renewable Energy (MNRE) has announced exemptions for central public sector undertakings (CPSUs) and their joint ventures from seeking state government committee approval for infrastructure development and operations & maintenance (O&M) charges.
This decision, communicated through an office memorandum, responds to requests from Solar Power Park Developers (SPPDs) to simplify the approval process. Under the new guidelines, CPSUs and their joint ventures can submit their detailed proj..
Reliance Sells REC Solar Norway to Elkem for $22 Million
Reliance Industries Ltd announced on Thursday the completion of the sale of its subsidiary, REC Solar Norway AS, to Oslo-listed Elkem ASA for approximately USD 22 million. REC Norway, a wholly-owned unit of REC Solar Holdings, specializes in manufacturing kerf-based polysilicon in Scandinavia.
This divestment follows Reliance's acquisition of REC Solar Holdings in October 2021 for an enterprise value of USD 771 million. The acquisition was a strategic move by the Indian conglomerate to expand its footprint in the alternative energy sector.
The sale agreement, which was finalize..