SECI Secures Rs 10 Billion Term Loan for 300 MW Solar Project

02 Jan 2024 CW Team

The Solar Energy Corporation of India (SECI) has successfully secured a substantial term loan of Rs 10 billion for the expansion of a 300 MW solar project, signalling a major push towards the augmentation of India's renewable energy capacity. The funding is earmarked to facilitate the development, construction, and integration of additional solar infrastructure, contributing to the country's commitment to sustainable and clean energy sources.

This financial milestone underscores SECI's strategic efforts to accelerate the growth of solar power projects in India. The 300 MW expansion is poised to make a meaningful impact on the nation's energy landscape, fostering increased reliance on eco-friendly alternatives while reducing the carbon footprint.

The term loan infusion is expected to play a crucial role in expediting the timeline for the completion of the solar project, ensuring its timely integration into the power grid. With India's growing emphasis on renewable energy as a key component of its energy portfolio, SECI's initiative aligns with the national agenda of achieving ambitious renewable energy targets.

As SECI propels forward with this substantial term loan, the 300 MW solar project expansion stands as a testament to India's commitment to sustainable energy solutions and marks a noteworthy step towards a cleaner and greener future.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..