GEAPP to build 450-500 MW solar park project

25 Oct 2024 CW Team

Global Energy Alliance for People and Planet (GEAPP) has collaborated with the Uttar Pradesh Expressways Industrial Development Authority to develop a 450-500 MW solar park worth Rs 18 billion along the Bundelkhand Expressway. This ambitious project, the first of its kind in India, will establish a green energy corridor across the 296-km expressway, transforming the region into a model for scalable solar-powered infrastructure, a statement said. After conducting an extensive feasibility study, GEAPP confirmed the potential for installing up to 450 MW of solar power project along the expressway's designated land area of 15-20 metres on both sides, it stated.

The project, estimated to cost approximately Rs 18 billion, is set to generate electricity at a competitive rate, it stated.

The solar park, with available land area of 1,700 hectares, will operate under a Build-Own-Operate model, with the total project tenure extendable up to 25 years from the beginning of the commercial operation, signifying a long-term investment in economic and environmental sustainability. The project involves a single-stage bidding process and the bidder will be selected based on the offer of revenue share with the authority. (TOI)

Resources

23 Oct 2026

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..