Tata Power to establish 100MW project for SJVN in Gujarat

19 Sep 2022 CW Team

Tata Power Solar Systems Limited (TPSSL), a wholly owned subsidiary of Tata Power Renewable Energy Limited (TPREL), will invest Rs 6.12 billion in a 100 MW ground-mounted solar project for SJVN Limited (SJVN) in Gujarat.

SJVN is an Indian public sector company with interests in hydro, thermal, solar, wind, power transmission, and power trading. This is a collaboration between the Government of India and the State of Himachal Pradesh.

The project was granted through tariff-based competitive bidding after bids for the plot C of the Raghanesda solar park in Gujarat were invited earlier this year. Within 11 months of obtaining the letter of grant, the project will be given the go-ahead.

"TPSSL has commissioned several large scale solar ground-mounted projects in the country. TPSSL is a pioneer in curating customized strategic renewable projects and with this win its total portfolio will touch 9.9GWp. As on date, TPSSL’s total order book stands almost more than Rs 155 trillion," the company said in a press statement.

Real Estate

26 Apr 2025

Dharavi Rising

Dharavi, Asia’s largest informal settlement, stands on the cusp of a historic transformation. With an ambitious urban renewal project finally taking shape, millions of residents are looking ahead with hope. But delivering a project of this scale brings immense challenges – from land acquisition to rehabilitate ineligible residents outside Dharavi and rehabilitation to infrastructure development. It also requires balancing commercial goals with deep-rooted social impact. At the helm is SVR Srinivas, IAS, CEO & Officer on Special Duty, Dharavi Redevelopment Project (DRP), Government..

MLDL Records 20.4% Growth in Pre-Sales

Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, announced its financial results for the quarter ended March 31, 2025. In line with INDAS 115, the company recognises revenues using the completion of contract method. Key highlights FY25: Consolidated sales (Residential and IC&IC) of Rs 32.99 billion. Gross development value (GDV) additions in FY25 were Rs 1.81 trillion compared to Rs 440 billion in FY24 (~4x growth). Residential pre-sales of Rs 28.04 billion in FY25, reflecting 20.4% growth o..

UCSL Delivers India's First Green Cargo Vessel to Norway

In a landmark achievement for Indian shipbuilding and the Atma Nirbhar Bharat initiative, Udupi Cochin Shipyard Limited (UCSL), a subsidiary of Cochin Shipyard Limited (CSL), has delivered the first of six next-generation green cargo vessels to Norway-based Wilson Ship Management AS, Europe’s largest short-sea shipping operator. The 3,800 DWT vessel, named Wilson Eco 1, was handed over during a ceremony at New Mangalore Port. The delivery is part of a Rs 5.06 billion project supported by Norway’s green maritime funding programme, marking India's entry into the European eco-friendly ca..