IOC awards Soshe Power 1 MW grid-connected open access solar project

30 Jul 2024 CW Team

Soshe Power Tech, a solar power developer based in Hyderabad, has been awarded an engineering, procurement, and construction (EPC) contract by Indian Oil Corporation (IOC) for a 1 MW grid-connected open access captive solar power project. The project will be located at IOC?s Northern Region Pipelines in Kurukshetra, Haryana. The total contract value quoted by Soshe Power is Rs 50.3 million, covering both EPC and one year of comprehensive operation and maintenance (O&M) services, with an additional nine years of extended O&M support. The tender for this project was issued in April 2024, and Soshe Power is expected to complete the project within seven months from the issuance of the work order. Established in 2019, Soshe Power has a track record that includes a 10 MW single-axis tracker EPC project in Assam, a 2 MW rooftop solar project in Kerala, and a 1.9 MW ground-mounted project for Hindustan Petroleum Corporation in Karnataka. Currently, the company is also developing a 750-kW floating solar project in Bhavnagar, Gujarat, a 2.4 MW rooftop project, and a 1.3 MW project for industrial clients. Earlier this year, IOC issued a tender for an EPC contract for a 1 MW solar power project at Southern Region Pipelines in Chittoor, Andhra Pradesh, and sought bids for the O&M of a 1.1 MW solar power project at the Indane Bottling Plant in Devanagonthi village, Bengaluru Rural district, Karnataka. In another development, Soshe Power won an EPC contract from Hindustan Petroleum Corporation for a 1.9 MW solar power project at Hiriyur in Karnataka, which includes a ten-year operation and maintenance agreement. (Source:Mercom)

Infrastructure Urban

09 Jan 2026

Mount Expands Tumkur Facility with New Automated Panel, PEB Lines

Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across pre-engineered building (PEB) and polycarbonate sheets, simultaneously inaugurated its second fully automated continuous sandwich panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur.The milestone expansion, part of a total investment of Rs 250 crore, marks a significant advancement in the company's commitment to engineered performance, manufacturing scale, and industrial growth. The integrated facility spans approx..

India Becomes First to Produce Bio-Bitumen for Roads

India has become the first country in the world to commercially produce bio-bitumen for use in road construction, according to Road, Transport and Highways Minister Nitin Gadkari. Bitumen, a black and viscous hydrocarbon derived from crude oil, is a key binding material in road building, and the bio-based alternative is expected to significantly improve the sector’s environmental footprint.Addressing the CSIR Technology Transfer Ceremony in New Delhi, Mr Gadkari congratulated Council of Scientific and Industrial Research on achieving the milestone, noting that the initiative would help curb ..

HILT Policy Seen Boosting Telangana Revenue Sharply

The Hyderabad Industrial Land Transformation (HILT) Policy is expected to generate around Rs 1.08 billion in revenue for the Telangana state exchequer, according to Deputy Chief Minister Bhatti Vikramarka Mallu. Speaking in the Telangana Legislative Assembly, he said the policy would be implemented within a six-month timeframe in a transparent manner, with uniform rules applicable to all stakeholders. Mr Vikramarka noted that without the HILT Policy, the state would have earned only about Rs 1.2 million per acre. Under the new framework, however, revenue is projected to rise sharply to Rs 70 ..