Evolve Energy Wins Puducherry 5 MW Rooftop Solar Project

20 Jun 2025 CW Team

Chennai-based Evolve Energy has secured a contract to implement a 5 MW rooftop solar project across various government buildings in Puducherry, following a tender by the Pondicherry Electricity Board (PEB) and facilitated by the Solar Energy Corporation of India (SECI).

The project involves deploying rooftop solar systems across key public infrastructure, including secretariats, hospitals, courts, educational institutions, and administrative offices. With site-specific customisation, Evolve Energy aims to ensure smooth integration with minimal operational disruption.

As the end-to-end engineering, procurement, and construction (EPC) contractor, Evolve Energy will handle everything from site surveys and tailored system design to commissioning and long-term operations and maintenance, ensuring consistent quality and system performance.

This initiative contributes to India's growing push toward renewable energy adoption, demonstrating how public-private partnerships can accelerate the green energy transition. Once operational, the project is expected to generate approximately 7,000 MWh annually, resulting in substantial carbon emission reductions and savings in public sector energy costs.

Prasad SK, Head of Tenders at Evolve Energy, stated, “Our expertise in distributed solar solutions allows us to deliver high-efficiency systems that reduce environmental impact while creating economic value for government infrastructure.”

The announcement follows Puducherry’s 2023 regulatory revision permitting grid-connected rooftop and ground-mounted solar installations between 5 kWp and 500 kWp under net metering, further enabling clean energy adoption across the Union Territory.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..