NHPC Plans 1,200 MW Solar Park in UP

30 Apr 2025 CW Team

NHPC has announced plans to develop a 1,200 megawatt (MW) solar park in Jalaun, Uttar Pradesh, with an estimated investment of Rs 7.969 billion.

The project will be implemented through Bundelkhand Saur Urja Ltd (BSUL), a joint venture between NHPC and the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA). The initiative forms part of the central government’s Ultra Mega Renewable Energy Power Parks (UMREPP) programme, in line with guidelines issued by the Ministry of New and Renewable Energy (MNRE).

The total project cost includes an allocation of Rs 427 million towards interest during construction and equity infusion into BSUL. NHPC intends to fund the project partially through internal accruals, while the majority will be supported via borrowings.

In March 2025, NHPC’s board approved a borrowing plan for the financial year 2025–26, authorising the company to raise up to Rs 63 billion in debt. Funding avenues include secured or unsecured redeemable non-convertible debentures (NCDs), term loans, or phased external commercial borrowings, aimed at supporting ongoing and upcoming projects.

The solar park is expected to enhance NHPC’s renewable energy portfolio and contribute to India’s broader clean energy transition goals.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..