Kanpur To Get 110 MW Solar Plant After UPERC Nod

17 Jul 2026 CW Team

The Uttar Pradesh Electricity Regulatory Commission (UPERC) approved power purchase agreements and tariffs for two grid connected solar projects that will add 110 megawatt (MW) in the Kanpur region. The projects comprise a 75 MW plant in Kanpur Dehat and a 35 MW project in Kanpur Nagar and will supply electricity to Uttar Pradesh Power Corporation Limited (UPPCL) for 25 years. The approval followed regulatory review of technical and financial proposals.

Vedu Infrastructure Pvt Ltd won the projects through a tariff based competitive bidding process run by the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA). The company formed two special purpose vehicles (SPVs) — Vedu Kanpur Dehat Solar Pvt Ltd and Vedu Kanpur Nagar Solar Pvt Ltd — to implement the works. Contracts are to be executed under the RESCO model.

The discovered tariffs were Rs 2.65 per unit for the 75 MW Kanpur Dehat plant and Rs 2.71 per unit for the 35 MW Kanpur Nagar plant after an e reverse auction in September 2025, with Vedu Infrastructure as the lowest bidder. UPNEDA had floated the tender in April 2025 and seven companies participated, with six qualifying for the financial round. The regulatory order said the tariffs reflected regional irradiation and market benchmarks.

UPERC noted that a reduction in goods and services tax from 12 per cent to 5 per cent for solar generators lowered composite GST incidence to 8.9 per cent from 13.8 per cent, improving project economics. The commission directed that modules and cells be sourced from manufacturers on the Approved List of Models and Manufacturers (ALMM) and ruled that developers would not be eligible for change in law compensation on account of ALMM or basic customs duty related changes. The addition of 110 MW is expected to strengthen the state renewable portfolio and aid clean energy procurement as electricity demand rises in the Kanpur area.

Infrastructure Urban

17 Jul 2026

Ion Exchange Wins USD 52.83 Million Supply Contract From Hyundai

Ion Exchange (India) (Ion Exchange) has been awarded an international contract by Hyundai Engineering and Construction Co., (Hyundai Engineering) for the supply of filtration units in the Middle East. The contract is valued at USD 52.83 million and is to be executed over a period of 18 months. The order aggregates to approximately Rs 5.03 bn based on the prevailing exchange rate. Delivery schedules and technical specifications will be governed by the contract terms. The scope covers manufacture and supply of filtration units to be deployed across projects in the Middle East and follows the pro..

3i Infotech Subsidiary Wins Talent Deployment Contract With Krung Thai Bank

3i Infotech (Thailand), a wholly owned step down subsidiary of 3i Infotech, has won a contract from Krung Thai Bank Public Company on nine July 2026. The order covers talent deployment to support application development, enhancement, testing and digital transformation programmes. Roles specified include full stack development, backend development in Java, frontend development using Angular, DevOps engineering, quality assurance and test automation, business analysis and solution architecture. The engagement reflects the subsidiary's continued focus on banking technology services in the region...

HFCL Secures Export Order For Data Centre Fibre Connectivity

HFCL (HFCL) has secured an export order worth US dollar (USD) 51.98 million (mn), equivalent to Rs 4,958 mn, for the supply of optical fibre cable based data centre connectivity solutions through its overseas wholly owned material subsidiary. The contract was awarded by an international customer and underscores HFCL's manufacturing capabilities, technological competence and product quality in global markets. The company stated the award arises from normal business operations and aligns with its export strategy. The scope covers the supply of optical fibre cable based data centre connectivity s..