NGSL to build a balance of systems for 325-MW solar projects

05 Jul 2022 CW Team

Engineering firm NTPCGE Power Services has been awarded contracts to develop a balance of systems for two power projects totalling 325 MW at Madhya Pradesh's Shajapur Solar Park. NTPCGE Power Services reportedly has received two awards from NTPC Renewable Energy Limited for engineering, procurement, and construction of the balance of system at two sites with 105 MW and 220 MW capacity, respectively, as well as operation and maintenance for three years. At a solar energy plant, the 'balance of system' includes all of the supporting equipment utilised in the installation and operation of the main power generation unit. The projects are located in Madhya Pradesh's Shajapur Solar Park, which is being constructed by Rewa Ultra Mega Solar. Solar energy generated by these facilities will be fed into the Indian Railways system and the national grid. The initiative also contributes to the Indian government's overarching aim to cut greenhouse gas emissions and pave the way for India to meet its net-zero emission objective by 2070.

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..