Solarworld Wins NTPC Renewables EPC Order For 250 MW Project
POWER & RENEWABLE ENERGY

Solarworld Wins NTPC Renewables EPC Order For 250 MW Project

Solarworld Energy Solutions Limited has secured an engineering, procurement and construction (EPC) package from NTPC Renewable Energy Limited for a grid-connected solar photovoltaic project, strengthening its presence in the utility-scale renewable energy segment.

The company has received a Letter of Award for EPC works for a 250 MWac solar PV project. The contract, awarded by a domestic entity, is valued at approximately Rs 7.25 billion, inclusive of applicable taxes, according to a regulatory filing.

The scope of work includes end-to-end execution of the project, covering engineering, procurement and construction of the solar power facility. The project is scheduled to be completed during FY27, in line with the timelines specified in the order.

Solarworld Energy Solutions clarified that neither its promoter nor any promoter group entity has an interest in NTPC Renewable Energy Limited. The company added that the contract does not constitute a related-party transaction and has been awarded on an arm’s length basis.

Solarworld Energy Solutions Limited has secured an engineering, procurement and construction (EPC) package from NTPC Renewable Energy Limited for a grid-connected solar photovoltaic project, strengthening its presence in the utility-scale renewable energy segment. The company has received a Letter of Award for EPC works for a 250 MWac solar PV project. The contract, awarded by a domestic entity, is valued at approximately Rs 7.25 billion, inclusive of applicable taxes, according to a regulatory filing. The scope of work includes end-to-end execution of the project, covering engineering, procurement and construction of the solar power facility. The project is scheduled to be completed during FY27, in line with the timelines specified in the order. Solarworld Energy Solutions clarified that neither its promoter nor any promoter group entity has an interest in NTPC Renewable Energy Limited. The company added that the contract does not constitute a related-party transaction and has been awarded on an arm’s length basis.

Next Story
Infrastructure Urban

Patil Reviews JSJB 2.0 Progress In Water-Stressed Districts

Union Minister of Jal Shakti C R Patil on Tuesday interacted with District Collectors and District Development Officers from 124 over-exploited and critical districts, as identified in the 2024 national groundwater assessment, to review progress on water conservation initiatives. Ministers of State V. Somanna and Dr Raj Bhushan Choudhary also attended the meeting, along with Secretary, Department of Water Resources, River Development and Ganga Rejuvenation, V L Kantha Rao, and senior officials from the Ministries of Jal Shakti and Rural Development. The review centred on Jal Sanchay Jan Bhagi..

Next Story
Infrastructure Urban

Jitendra Singh Inaugurates BRIC Secretariat In New Delhi

Ahead of the New Year, Union Minister of State (Independent Charge) for Science and Technology and Earth Sciences, and Minister of State in the PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh inaugurated the new Secretariat complex of the Biotechnology Research and Innovation Council (BRIC), calling it a key milestone for strengthening India’s future bioeconomy. The BRIC Secretariat office complex is located on the fourth floor of the NSIC Business Park in New Delhi. It will function as a lean coordinating mechanism to enhance collaboration among BRIC..

Next Story
Infrastructure Energy

PMO Pushes Listing Of Coal India Subsidiaries By 2030

The Prime Minister’s Office (PMO) has directed the Ministry of Coal to map and list all subsidiaries of state-run Coal India Limited (CIL) by 2030, according to sources. The move is aimed at streamlining governance, improving accountability and unlocking value through asset monetisation within the coal public sector undertaking. Coal India Limited accounts for more than 80 per cent of India’s domestic coal production and operates through eight subsidiaries: Eastern Coalfields Limited, Bharat Coking Coal Limited (BCCL), Central Coalfields Limited, Western Coalfields Limited, South Eastern ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App