Tata Power joins Viraj Profile for captive solar plant

12 Sep 2022 CW Team

Tata Power Renewable Energy (TPREL), a subsidy of Tata Power, has collaborated with Mumbai-based stainless steel manufacturer Viraj Profiles to set up a 100-MW captive solar plant to provide power at its Tarapur plant. The plant will be located at Tata Power’s Nasik site and be commissioned by July 2023.

“We are pleased to announce the establishment of our new SPV (special purpose vehicle), TP Nanded, to construct a 100-MW solar power facility for Viraj Profiles. We believe that this will also inspire other energy-intensive sectors to join the movement for sustainable energy and shift their operations and services to clean energy sources,” said Ashish Khanna, chief executive of TPREL.

“Our alliance will work as a catalyst in achieving our sustainability goals toward carbon neutrality. This project will supply 50 per cent of our monthly electricity requirement,” said J P Garg, president, Viraj Profiles Ltd.

A press release said that with this plant, Viraj Profiles will become one of the first stainless steel long products manufacturing companies in India to use solar energy to run its manufacturing plant, reducing the company’s dependence on non-renewable power resources by about 50%.

It added that the plant would generate about 200 million units of energy and offset 170 million kg of carbon dioxide annually. As per captive generation rules, Tata Power will own 74 per cent of the generation while Viraj Profiles will own the rest.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..