Ashok Leyland Opens New Manufacturing Plant in Andhra Pradesh

Alpex Solar Secures Rs 10.7 Bn in New Solar Contracts

Greater Noida-based Alpex Solar on Thursday announced it has secured contracts totalling Rs 10.7 billion from multiple entities, including the Central Mine Planning and Design Institute Ltd (CMPDIL), a subsidiary of Coal India, and the Haryana Renewable Energy Development Agency.In consortium with NVNR Power & Infra Ltd, Alpex bagged a Rs 3.5 billion contract from CMPDIL for the design, engineering, procurement, construction, and commissioning of a grid-connected solar power plant at Nandan Washery in Maharashtra. Alpex holds a 70 per cent stake in the consortium, which will also build a 3..

EU and India Launch Rs 39.4 Bn Joint Green Tech Projects

In a move to tackle pressing environmental issues, the European Union and India have jointly launched two major research and innovation initiatives under the EU-India Trade and Technology Council (TTC), with a combined investment of EUR 41 million (Rs 3.94 billion).According to a statement by the EU Delegation to India, these projects focus on combatting marine pollution and developing waste-to-renewable hydrogen technologies, aligning with global sustainability goals and national policies such as India's National Marine Litter Policy and the EU’s Zero Pollution Action Plan.The first initiat..

Jindal Arm Wins Rs 22 Bn Solar-Storage Project

BC Jindal Group, one of India’s leading business conglomerates with a turnover exceeding Rs 180 billion, announced that its renewable energy subsidiary, Jindal India Renewable Energy (JIRE), has secured a 300 MW solar-plus-storage project from state-owned SJVN.The project, part of SJVN’s 1,200 MW ISTS-connected solar tender with 600 MW/2,400 MWh battery energy storage systems (BESS), will be developed on a build-own-operate basis. JIRE won the bid at a tariff of Rs 3.32/kWh, and must commission the project within 24 months of signing the power purchase agreement (PPA).SJVN will procure pow..