+
Tata Power Gains Focus after Rs 4.55 Bn Solar Module Order Win
POWER & RENEWABLE ENERGY

Tata Power Gains Focus after Rs 4.55 Bn Solar Module Order Win

Tata Power shares are expected to be in focus after its step-down subsidiary, TP Solar, secured a Rs 4.55 billion contract from Maharashtra State Power Generation Company (MSPGCL) to supply 300 MWp of solar modules.

The modules will be delivered across Maharashtra within the year as part of MSPGCL's 750 MWp tender. The contract was awarded through a competitive e-Reverse Auction (eRA) process. TP Solar, a wholly owned subsidiary of Tata Power Renewable Energy (TPREL), will supply ALMM-certified solar modules for the Mukhyamantri Saur Krushi Vahini Yojana (MSKVY) 2.0 project.

TP Solar operates India’s largest single-location solar cell and module manufacturing facility in Tirunelveli, Tamil Nadu. The plant has a capacity of 4.3 GW each for solar cells and modules, with provisions for future expansion.

News source: The Economic Times

Tata Power shares are expected to be in focus after its step-down subsidiary, TP Solar, secured a Rs 4.55 billion contract from Maharashtra State Power Generation Company (MSPGCL) to supply 300 MWp of solar modules. The modules will be delivered across Maharashtra within the year as part of MSPGCL's 750 MWp tender. The contract was awarded through a competitive e-Reverse Auction (eRA) process. TP Solar, a wholly owned subsidiary of Tata Power Renewable Energy (TPREL), will supply ALMM-certified solar modules for the Mukhyamantri Saur Krushi Vahini Yojana (MSKVY) 2.0 project. TP Solar operates India’s largest single-location solar cell and module manufacturing facility in Tirunelveli, Tamil Nadu. The plant has a capacity of 4.3 GW each for solar cells and modules, with provisions for future expansion. News source: The Economic Times

Next Story
Infrastructure Transport

Syama Prasad Mookerjee Port Partners to Redevelop Nimtala Ghat

Kolkata: Syama Prasad Mookerjee Port, Kolkata (SMPK), signed a Memorandum of Understanding (MoU) on Tuesday with PS Group Realty Private Limited to redevelop and beautify Nimtala Ghat as part of PS Group’s Corporate Social Responsibility (CSR) initiative.The agreement was formalised at SMPK’s Head Office at 15, Strand Road, in the presence of SMPK chairman Rathendra Raman, deputy chairman Samrat Rahi, PS Group directors Saurav Dugar, Gaurav Dugar, Arun Sancheti, and senior SMPK officials.Under the MoU, PS Group will undertake the full redevelopment and permitted construction of Nimtala Imm..

Next Story
Infrastructure Urban

CSIR-NCL and Covestro Collaborate to Upcycle Polyurethane Waste

In a move towards sustainable plastic waste management, Pune-based CSIR-National Chemical Laboratory (CSIR-NCL) signed a Memorandum of Understanding (MoU) with Covestro (India) Private Limited on Wednesday to develop innovative upcycling technologies for polyurethane waste.Polyurethane is notoriously difficult to recycle, with current methods often proving inefficient, costly, and environmentally harmful. This collaboration aims to address existing challenges, including high energy usage and deterioration of material quality during recycling.Ashish Lele, director of CSIR-NCL, stated, “This p..

Next Story
Infrastructure Urban

Torrent Pharma Seeks CCI Approval for Rs 195 Billion JB Chemicals Deal

Ahmedabad-based Torrent Pharmaceuticals has sought clearance from the Competition Commission of India (CCI) to acquire a majority stake in J B Chemicals and Pharmaceuticals in a Rs 195 billion deal.Upon completion, Torrent Pharmaceuticals will become India’s second most valuable pharmaceutical company.The move follows Torrent’s June announcement to acquire a majority stake in J B Chemicals for Rs 195 billion.“The proposed combination pertains to the acquisition of shareholding by Torrent Pharmaceuticals Ltd in J B Chemicals & Pharmaceuticals Ltd, followed by the merger of the target ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?