Alpha Corp to complete three stalled projects in NCR at Rs 900 cr

Juniper Commissions 145.99 MWp Solar Project in Maharashtra State

Juniper Green Energy announced that it had commissioned its 145.99 MWp solar power project at Chapalgaon in Maharashtra, which will supply electricity to the Maharashtra State Electricity Distribution Company (MSEDCL).The plant was commissioned on May 22, 2025, completing the project 19 months ahead of the Scheduled Commercial Operation Date and only 2.5 months after the power purchase agreement (PPA) was signed on March 7, 2025. The project is set to operate at its full capacity of 145.99 MWp from the commissioning date.Ankush Malik, CEO of Juniper Green Energy, explained that early land acqu..

Vikram Solar Receives SEBI Approval for IPO Worth Up to Rs 15 billion

Solar photovoltaic module manufacturer Vikram Solar has obtained approval from the Securities and Exchange Board of India (SEBI) to proceed with its initial public offering (IPO). The IPO will comprise a fresh issue of shares valued up to Rs 15 billion and an offer for sale of up to 17.45 million equity shares by the company’s promoters.The company plans to allocate part of the IPO proceeds, specifically Rs 7.93 billion, for investment in its subsidiary VSL Green Power. This investment is intended to support the establishment of a new 3,000 MW solar cell and module manufacturing facility. Ad..

Tesla Leases 24,565 Sq Ft Kurla Warehouse for Rs 240 Mn Over 5 Years

Elon Musk’s Tesla India Motor and Energy has leased 24,565 sq ft of warehouse space at Lodha Logistics Park in Mumbai’s Kurla area for a total rent of Rs 240.38 million over five years, according to property registration documents obtained by CRE Matrix.The documents revealed that the leased area comprises two ground-floor units with a combined carpet area of over 18,000 sq ft and a chargeable area exceeding 24,000 sq ft.The initial monthly rent is stated to be over Rs 3.7 million for the first year, with an annual escalation of 5 per cent, bringing the total rent over the five-year period..