MFL, Renew Green Energy to set up hybrid power project in Gujarat

31 May 2022 CW Team

Meghmani Finechem Ltd (MFL) told the media that it has signed agreements with Renew Green Energy Solutions for establishing a wind-solar hybrid power project in Gujarat.

The partnership marks the entry of MFL into the renewable energy space and underlines its unwavering commitment to encouraging green energy and reducing its carbon footprint.

MFL is a top manufacturer of Chlor-Alkali and its value-added derivatives.

It has achieved an Energy Subscription Agreement and Shares Subscription and Shareholder Agreement (SSSHA) with Renew Green for establishing an 18.34 MW wind-solar hybrid power plant in Gujarat under a Special Purpose Vehicle (SPV).

MFL will have a 26 % stake in the SPV for a contribution of Rs 20.54 crore, and Renew Green will contribute Rs 58.46 crore for a 74% stake in SPV.

This hybrid power plant is likely to be commissioned in the December quarter of 2022-23.

The power generated from the plant will be supplied only to MFL under the captive status for a tenure of 25 years, as per the terms of the agreement.

This hybrid power plant will support MFL meet the energy needs of its existing and future projects. The cost per unit of electricity via this plant will be lower than the power procured from the electricity grid.

MFL, Chairman and Managing Director Maulik Patel told the media that the hybrid power plant will help to fulfil additional electricity demand and will also allow us to generate green hydrogen, supporting the initiative of the Government of India (GoI) Green Energy and Green Hydrogen.

Image Source

Also read: CEA approves transmission lines for hybrid power project in TN

Infrastructure Transport

18 Dec 2025

RVNL secures Rs 1.65 billion railway bridge project from North Eastern Railway

Rail Vikas Nigam (RVNL) has received a Letter of Award (LoA) from North Eastern Railway for a Rs 1.65 billion railway infrastructure project, strengthening its order book and showcasing its expertise in complex railway construction.The project involves constructing the substructure of a major railway bridge over the Gandak River, located between Paniyahwa and Valmikinagar stations. This is part of the doubling of the Gorakhpur Cantt–Valmikinagar railway section, aimed at improving line capacity and operational efficiency.The bridge will feature 14 spans of 61 metres each, built on double D-t..

Raebareli’s Modern Coach Factory rolls out 15,000th railway coach

The Modern Coach Factory (MCF) at Raebareli in Uttar Pradesh has achieved a major manufacturing milestone with the rollout of its 15,000th railway coach on December 15, the Ministry of Railways said.In a press note, the ministry said that MCF has already produced 1,310 coaches in the current financial year 2025–26, reflecting sustained high output at one of Indian Railways’ most advanced passenger coach manufacturing units.Established in 2007 at Lalganj in Raebareli district, MCF was built at a cost of Rs 31.92 billion with an initial annual production capacity of 1,000 coaches. The factor..

RailTel wins Rs 260.88 million IT infrastructure order from VOC Port

Navratna public sector undertaking RailTel Corporation of India has secured an IT infrastructure order worth Rs 260.88 million from V.O. Chidambaranar Port Authority (VOC Port), strengthening its presence in port-led digital transformation projects.According to an exchange filing dated December 16, 2025, RailTel has received a Letter of Acceptance (LoA) from VOC Port Authority for the implementation of advanced IT infrastructure at the port. The project is domestic in nature and is scheduled to be completed by August 15, 2026.The company said the order has been awarded in the normal course of ..