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SJVN to supply solar power from Bikaner project to Punjab
SJVN Chairman Nand Lal Sharma assumes additional charge of BBMB
SJVN secures 100 MW solar project in Rajasthan
Rajasthan Urja Vikas Nigam has awarded the state-owned SJVN a 100 MW solar energy project worth Rs 600 crore. A fully owned subsidiary of SJVN, SJVN Green Energy (SGEL), took part in an e-Reverse Auction (e-RA) conducted by Rajasthan Urja Vikas Nigam Ltd (RUVNL) after an open competitive tariff bidding process.
In a statement, SJVN's chairman and managing director, Nand Lal Sharma, announced that the company had won a 100 MW solar power project in Rajasthan that was connected to the state transmission utility (STU).
According to a statement released, SGEL won the project..
SJVN, Solarworld ink pact to build two solar projects
SJVN entered into a pact with Solarworld Energy Solutions to build two solar power projects in Uttar Pradesh for Rs 690.75 crore, which will have a total generation capacity of 125 MW.
SJVN entered into an EPC contract for two projects namely a 75 MW Solar Project at Gurah district Jalaun and a 50 MW Solar Project at Gujrai district Kanpur Dehat with Solarworld Energy Solutions.
Nand Lal Sharma, Chairman and Managing Director, SJVN, said in the statement that these Rs 690.75 crore EPC contracts include end-to-end delivery of the commissioned solar plant to SJVN, including compre..
Repsol Eyes Stake Sale for Strategic Plan
Spanish oil major Repsol is reportedly engaged in negotiations to offload a portion of its renewable energy subsidiary as part of a strategic maneuver to propel its ambitious agenda through 2027.
Santander has purportedly been enlisted to facilitate the sale, indicating a significant step in Repsol's financial strategy. While Repsol intends to retain a majority stake in its renewables arm, the prospective deal may involve the infusion of fresh capital by the investor. However, the identity of the investor remains undisclosed at present.
Repsol Renewables, valued at 5.9 billio..
Bhilai Steel Plant Embraces Solar Power for Green Future
Bhilai Steel Plant (BSP), the leading unit of India's steel giant Steel Authority of India Limited (SAIL), is embarking on a green journey by embracing solar power initiatives. In a recent development, BSP has inked a memorandum of understanding with the Chhattisgarh State Renewable Energy Development Agency (CREDA) to install solar power generation systems across its plant premises and township in Bhilai.
According to a statement released by BSP management on Wednesday, the proposed plan aims to generate approximately 2 MW of electricity within the plant premises. Additionally, a proj..
