KMRL aims 100% solar, explores potential for solar parks

18 Jul 2023 CW Team

The Kochi Metro Rail Limited (KRML) is mulling employing solar power to meet its power requirements. KRML’s managing director, Loknath Behera, that it has plans to set up solar parks in Alappuzha and Kasaragod.

“The idea is to produce 100 per cent power using solar energy. Around 45-50 acres of land in Kasaragod will be utilised to build a solar park,” Behera said. The proposal is under the government’s consideration, and he hopes that it will be approved soon.

“A similar park will also be set up in Alappuzha to generate electricity solely for the operations of Kochi Water Metro,” Behera added.

The move is part of the company’s step towards reducing operational costs to zero by the next financial year. At present, the solar park at KMRL’s Muttom yard contributes 56 per cent of its energy requirement. With the commissioning of new solar parks, KMRL hopes to meet all its power requirements.

“We have plans to generate over 13 megawatts of power from the upcoming solar park at Kasaragod. The discussions regarding the Alappuzha solar plant are in their initial stage,” said an official. The total solar energy generated by KMRL’s solar plants from April 2022 to March 2023 is 1,37,04,345 KWH.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..