Tamil Nadu

CleanMax Founder Kuldeep Jain Gets Young Alumni Achiever’s Award from IIM Ahmedabad

Jain has received the award from Prof. Errol D’Souza – Director and Prof. Rakesh Basant – Dean, Alumni and External Relations at the college campus. IIM Ahmedabad has honoured Kuldeep Jain Founder and Managing Director of CleanMax Solar with Young Alumni Achiever’s Award 2017-18 under the entrepreneurship category. Further, Jain has received the award from Prof. Errol D’Souza […]

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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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India’s Utility Solar Capacity Grows 72% in 2017-18, says Bridge To India Report

The total solar installation was 10.4 GW, the rest comprising rooftop solar plants and off-grid solutions, taking India’s cumulative solar capacity to 24.4 GW, it said. Solar consultancy firm Bridge To India in its latest annual report on the sector said that India’s utility solar capacity grew by a whopping 72 percent in FY18 as […]

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Piyush Goyal Inaugurates NLCIL’s Rs 1,302 Cr Solar PV Projects in TN

The three solar plants are having an installed capacity of 100 MW each and were erected at a cost of Rs 1300 crore, including operation & maintenance cost for 15 years. The Union Minister for railways, coal, finance & company affairs, Piyush Goyal has inaugurated the Rs 1,302 crore worth of Neyveli Lignite Corporation India […]

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TN CM to Give 500 Subsidized Solar Pumps to Farmers

The Chief Minister said, Since 2012, Tamil Nadu has distributed 3,112 solar power pumps to farmers at a total subsidy of Rs 117.24 crore. Now, with more demand for solar pumps, the government has decided to distribute 500 more. Besides announcing 500 pumps earlier for delta farmers, Tamil Nadu Chief Minister Edappadi K Palaniswami offered […]

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Tamil Nadu Looks for 250 MW Floating Solar Power Plant Feasibility

Palaniswami also said that the state government will come out with a new energy policy. In a move to cut the effect of evaporation of reservoir water and increase the sourcing of solar power, Tamil Nadu Chief Minister K. Palaniswami said that the state is looking at the feasibility of setting up of a floating solar power plant. The Minister has […]

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BEL Sets Up 16 MW Solar Power Plant at HVF, Avadi

The company is establishing energy security for the Ordnance Factory Estates under the Viability Gap Funding (VGF) scheme by setting up utility scale grid-connected solar power plants. Navratna Defence PSU Bharat Electronics Ltd (BEL) has set up a 16 MW grid-connected solar power plant at Heavy Vehicle Factory (HVF), Avadi. The company’s move was one […]

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Make in India: Country’s First Technology Transfer Pact for Li-Ion Batteries Inked

The agreement was signed between Central Electro Chemical Research Institute (CECRI), Karaikudi, Tamil Nadu under Council of Scientific & Industrial Research (CSIR) and RAASI Solar Power Pvt Ltd. To boost the government’s Make in India initiative, a Memorandum of Understanding (MoU) on first transfer of technology for the country’s Lithium Ion (Li-ion) batteries was signed […]

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Rays Power to Set-up 1200 MW by 2020; Plans Intl Expansion

The firm has also initiated development of over 200 Mw of ground-mounted projects selling power directly to the end consumers, under its subsidiary Rays Future Energy, which are expected to be commissioned by end of 2019. With an eye on the international market, a solar power development and Engineering, Procurement and Construction (EPC) Company Rays […]

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