NLC & MAHAPREIT JV to Develop 5 GW Renewable Energy in Maharashtra
NLC India Renewables (NIRL), a subsidiary of the state-owned coal mining company NLC India, has formed a joint venture agreement with Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT), an entity under the Maharashtra government, to collaboratively develop renewable energy projects in Maharashtra.The newly established joint venture company plans to develop 5 GW of renewable energy capacity within the state, initially targeting 2 GW. Its projects will encompass ground-mounted solar, wind, hybrid systems, floating solar, battery energy storage systems (BESS), and pumped hyd..
WattPower, Solarium Ink Pact to Expand in MP and Maharashtra
WattPower, a prominent player in the renewable energy sector, has announced a strategic partnership with Solarium Green Energy to boost the adoption of solar power in Madhya Pradesh and Maharashtra. The collaboration aligns closely with the objectives of the government’s KUSUM scheme, which seeks to promote solar energy for agricultural use and enhance rural electrification. As part of the initiative, Solarium has been designated as WattPower’s Value Added Partner, marking a significant advancement in the development of decentralized solar infrastructure in regions with high growth potenti..
Sunteck Realty to Lead Rs 11 Bn Redevelopment in Andheri East
Sunteck Realty has been appointed as the developer for the redevelopment of a housing society located in Mumbai’s Andheri (East). The project carries an estimated gross development value (GDV) of Rs 11 billion.Spanning approximately 2.5 acre (10,290 square metre), the land is strategically situated near the Western Express Highway. According to the company’s stock exchange filing on May 29, the project is expected to offer around 2.75 lakh square feet of free sale area—referring to the portion of the development available for sale in the open market after fulfilling the housing requireme..
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