Delhi L-G Approves Tree Removal for Nand Nagri Flyover Project
Lieutenant Governor VK Saxena has approved the transplantation and felling of 27 trees, clearing the final hurdle for the long-awaited flyover project at the Nand Nagri–Gagan Cinema junction in North East Delhi. This approval is expected to significantly ease traffic congestion and enhance connectivity in the area.The proposal, already sanctioned by the Environment Department, Chief Secretary, Environment Minister, and Delhi Chief Minister Rekha Gupta, covers a 2.16-hectare stretch along Mangal Pandey Marg designated for the flyover’s construction.The Public Works Department (PWD), respons..
Serentica Secures $100M Loan for 300 MW Rajasthan Solar Project
Serentica Renewables announced on Thursday the successful financial closure of its second External Commercial Borrowing (ECB) financing, securing over $100 million in debt from global financial institutions Rabobank and Société Générale.The funds will support the development of a 300-megawatt (MW) solar power project in Rajasthan, designed to supply clean energy to Bharat Aluminium Company (BALCO), a leading Indian aluminium producer and subsidiary of the Vedanta Group.Akshay Hiranandani, CEO of Serentica Renewables, said, “This successful financial close, backed by global partners like ..
Jindal Stainless Partners on 282 MW Wind-Solar Hybrid Project
Jindal Stainless Ltd, India’s largest stainless steel manufacturer, has joined forces with private-sector power producer Oyster Renewable Energy to develop a 282 MW interstate wind-solar hybrid power project for its own consumption.The project is strategically located across Bhuj in Gujarat and Agar in Madhya Pradesh. It will combine 82 MW of wind and 135 MWp of solar capacity in Madhya Pradesh, alongside 99 MW of wind capacity in Gujarat, to supply power to Jindal Stainless Ltd’s manufacturing plants.Jindal Stainless has acquired a 33.64 per cent equity stake in Oyster Green Hybrid One Pv..
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