Punjab Invites Bids for 264 MW Solar Power Projects

21 Aug 2024 CW Team

Punjab has announced an invitation for bids to develop 264 megawatts (MW) of solar power projects, marking a significant step in the state's efforts to expand its renewable energy capacity. This move aligns with Punjab?s strategy to increase its share of clean energy and reduce reliance on fossil fuels.

The bid invitation covers various locations across the state, offering opportunities for developers to participate in the deployment of large-scale solar installations. By procuring 264 MW of solar power, Punjab aims to bolster its renewable energy infrastructure and meet its sustainability targets.

The new projects are expected to contribute to a substantial increase in the state's solar energy generation, supporting its commitment to cleaner and more sustainable energy sources. The development of these solar projects will also create economic benefits, including job opportunities and local investments.

Interested developers are encouraged to submit their bids, which will be evaluated based on various criteria including technical expertise, financial stability, and project execution capabilities. The successful bidders will be responsible for the design, construction, and operation of the solar facilities.

This initiative is part of Punjab's broader renewable energy goals and contributes to the national objective of increasing the share of renewable sources in the energy mix. By advancing its solar energy projects, Punjab is working towards a more sustainable energy future and reinforcing its position as a leader in renewable energy development.

Overall, the invitation for bids for 264 MW of solar projects underscores Punjab's commitment to expanding its renewable energy capacity and advancing its sustainability goals, with significant implications for the state's energy landscape and environmental impact.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..