Shapoorji Pallonji

Sterling and Wilson Solar Takes Top Spot as Global Solar EPC Service Provider

The company was also ranked as the largest Solar EPC solutions provider in India with a market share of 16.6%, 3 times the size of its closest competitor. Sterling and Wilson Solar Limited, a subsidiary of the Shapoorji Pallonji group, has been ranked as the world’s largest Solar EPC service provider by IHSMarkit in its […]

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Sprng Buys Shapoorji Pallonji’s 194 MW Operational Solar Assets

Shapoorji Pallonji Infrastructure Capital (SP Infra) has sold 194 MW of operating solar portfolio to Sprng Energy, a renewable energy platform in India by London-based private equity firm Actis.   The deal size has not been disclosed. However, media reports suggest that solar asset’s enterprise value is close to $200 Million or over Rs. 13.8 […]

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Risen Energy Wins 50MW PV Contract from Bitexco Group’s Arm

The electricity generated by the project will be provided to EVN, the Vietnamese state grid. Australia-based solar PV panels maker Risen Energy has won the bid for the NHI HA 50MW solar power station project owned by Vietnam-based Bitexco Group’s subsidiary Thap Cham Solar. The company said in a statement that, combined with the contracts won by […]

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Shapoorji Pallonji Examines Solar Development Possibility in Uzbekistan

Shapoorji Pallonji is examining the possibilities of a solar power station in the renewable energy-longing country. Uzbekistan, after eyeing to harness sunlight for its power requirements, is now projecting possibilities to have solar power plants to the tune of 50-100 MW. Leading Indian infrastructure company, Shapoorji Pallonji is examining the possibilities of a solar power […]

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Shapoorji Pallonji Collects Solar Imports without Paying Safeguard Duty

Shapoorji Pallonji is asked to extend a bond of amount equivalent to safeguard duty and will have to pay the amount if the tariff is upheld with all clarity. Adding heat to the already simmering imposition of safeguard duty on solar imports from China and Malaysia, Madras High Court has allowed Shapoorji Pallonji Infrastructure to […]

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Solar Tariffs Hit All-time Low at Rs 2.44 a Unit

Asme won 600 MW with this bid. The company is one of the biggest domestic solar developers with around 875 MW of commissioned solar projects. In the latest 2000 MW auction conducted by Solar Corporation of India (SECI), solar power tariffs have again touched all-time low at Rs 2.44 per unit. This is lowest the […]

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High Court to Hear Petition on Solar Imports Duty Likely on February 13

The Madras High Court admitted Shapoorji Pallonji’s petition on January 19 and issued a temporary stay on the implementation of the recommendation. In a significant development, High Court has decided to hear the petition filed against the preliminary recommendation of the Director General (Safeguards) to impose 70 percent safeguard duty on imported solar panels and […]

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Trina to Invest $500 Million in Indian Solar Industry

The company has purchased a land near Visakhapatnam to set up a manufacturing plant to produce solar cells and module of capacity of more than 1GW in 2015.   The world’s largest solar panel developer, Trina Solar is vying to pump in $500 million of investments in India if the profits are in favor. The […]

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