Tags: Maharashtra

CPPIB to Invest $300 Million in Renewable Energy Producer Mytrah Power

We are in process of raising growth capital and there is interest from multiple investors,” said Mytrah Energy chief financial officer Shirish Navlekar without disclosing further details. An advance talks are taking place between Canada’s largest pension fund manager Canada Pension Plan Investment Board (CPPIB) and renewable energy producer Mytrah Energy Ltd where the former is investing about $300 million […]

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Greenko Agrees to Buy Orange Renewables for $1 Billion

The acquisition would mean Greenko standing at par with ReNew Power in terms of the total operating capacity of nearly 4.3 GW. It will surpass the Tata Power who has generated the total of 2 GW from renewable energy so far. With the acquisition of solar and wind portfolio of Orange Renewables for $1 billion, […]

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Tata Power Joins Hand with Tata Motors to Make Maharashtra EV Ready

Tata Motors has inked a Memorandum of Understanding (MoU) with the Maharashtra government to support the Maharashtra Electric Vehicle Policy (2018) in accelerating the adoption of Electric Vehicles in the state.  Integrated power company Tata Power has joined hands with Tata Motors to make Maharashtra EV ready and to establish electric vehicle charging stations in the […]

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Suzlon Energy Posts Q4 Net Loss at Rs 470 Cr; 340 MW Solar Projects Commissioned

There is traction across all new and emerging segments in the sector as evidenced in several positive policy actions for offshore, wind‐solar hybrid, repowering, captive, and feed‐in‐tariff for small projects upto 25 MW, says Tulsi Tanti. Solar & other renewable energy solutions provider Suzlon Energy reported its consolidated net loss at Rs 469.85 crore in […]

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Maharashtra to Obtain 1,000 MW Solar Energy From Six Producers

The power will be supplied to agriculture pumps during the day. It will also help the MSEDCL attain the Renewable Purchase Obligation mandated by the Maharashtra Electricity Regulatory Commission (MERC) under the Electricity Act-2003 to purchase a minimum level of renewable energy out of its total consumption. To fulfill its energy requirements, the state of […]

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Kalpataru Unveils Parkside Galleria, World Class Real Estate Experience Centre at Thane

Spread over 40,000 sq. ft., Parkside Galleria, is one of the biggest experience centres in the country Mumbai, Maharashtra, India Kalpataru Limited, India’s leading luxury real estate developer, has unveiled one of the country’s largest and one of its kind real estate experience centres, Parkside Galleria, at Kolshet Road in Thane. Comprising 40,000 square feet of […]

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Azure Power Wins 130 MW Solar Power Project in Maharashtra

At the tariff rate of Rs 2.27 per KW Azure Power will sign a Power Purchase Agreement (PPA) with MSEDCL for 25 years. The project is expected to be commissioned in 2019 and will be developed by Azure Power outside a solar park. In a recent auction by Maharashtra State Electricity Distribution Company Limited (MSEDCL), […]

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Matheran Toy Train Stations in Maharashtra Turns Green

Besides reducing the carbon footprints, the power supply from the renewable sources will significantly bring down the hill railway station’s electricity bill and resulting in savings of Rs 2.07 lakh per year. In a move to boost the use of renewable energy, four stations of Matheran Hill Railway in Maharashtra’s Raigad district have installed solar power and wind energy plants. […]

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