Greenko to set up hybrid energy project in Rajasthan

19 Mar 2021 Editorial Team

Indian renewable energy company Greenko Energy is set to develop a Rs 30,000-crore hybrid project in Rajasthan, of which one will be a pumped hydro storage project of 2,520 megawatt (MW) capacity at an estimated cost of Rs 11,882 crore.

The proposed hydro project is to be developed at Shahpur, Baran district of Rajasthan and is to be completed by 2023-24.

Greenko Group has a current operational capacity of about 7 gigawatt (GW) and a pipeline of around 8 GW.

Rajasthan has been promoting power storage solutions under the Rajasthan Solar Energy Policy 2019. The Rajasthan Renewable Energy Corporation (RREC) has received several proposals for energy storage projects following the policy incentives.

The hydropower-based storage project will be integrated with a combination of solar, wind and hydropower.

Rajasthan has set the target of 30,000 MW solar power projects up to 2024-25. The release added that the generated power would be used by discoms or other entities to meet their demand and for the fulfilment of the renewable purchase obligation as determined by RERC under the Solar Policy.

Greenko is an Indian renewable energy company with headquarters in Hyderabad. The firm has replaced fossil fuels with integrated decarbonised energy and grid assets enabling sustainable and affordable energy, with a net installed capacity of 6.2 GWdc across 15 States in India. The company has already initiated Integrated Renewable Energy Storage Projects in Karnataka, Madhya Pradesh and Andhra Pradesh.

Image Source

Also read: Eden secures $165 mn finance for 450 MW solar project

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..