Solar Park Planned for Karnataka's Madhugiri Region
POWER & RENEWABLE ENERGY

Solar Park Planned for Karnataka's Madhugiri Region

Karnataka's Madhugiri region is set to host a new solar park, aimed at bolstering the state's renewable energy capacity. The initiative, announced by Karnataka's government, marks a significant step towards harnessing solar power to meet energy demands sustainably.

The proposed solar park is expected to cover a substantial area and will be equipped with modern solar infrastructure to maximise energy generation efficiency. This development aligns with Karnataka's commitment to expanding its renewable energy portfolio and reducing dependency on conventional fossil fuels.

Officials anticipate that the solar park will not only contribute to meeting Karnataka's renewable energy targets but also stimulate economic growth in the region. By attracting investments and fostering technological advancements in solar energy, the project aims to create employment opportunities and support local industries.

The Madhugiri region, known for its solar potential, was chosen strategically for its conducive environment for solar power generation. The project's implementation will involve comprehensive planning to ensure environmental sustainability and minimal impact on local ecosystems.

As Karnataka progresses towards its renewable energy goals, the solar park in Madhugiri represents a key milestone in the state's energy transition strategy. It underscores Karnataka's proactive approach in harnessing clean and sustainable energy sources to meet growing electricity demands while addressing climate change challenges.

The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com

Karnataka's Madhugiri region is set to host a new solar park, aimed at bolstering the state's renewable energy capacity. The initiative, announced by Karnataka's government, marks a significant step towards harnessing solar power to meet energy demands sustainably. The proposed solar park is expected to cover a substantial area and will be equipped with modern solar infrastructure to maximise energy generation efficiency. This development aligns with Karnataka's commitment to expanding its renewable energy portfolio and reducing dependency on conventional fossil fuels. Officials anticipate that the solar park will not only contribute to meeting Karnataka's renewable energy targets but also stimulate economic growth in the region. By attracting investments and fostering technological advancements in solar energy, the project aims to create employment opportunities and support local industries. The Madhugiri region, known for its solar potential, was chosen strategically for its conducive environment for solar power generation. The project's implementation will involve comprehensive planning to ensure environmental sustainability and minimal impact on local ecosystems. As Karnataka progresses towards its renewable energy goals, the solar park in Madhugiri represents a key milestone in the state's energy transition strategy. It underscores Karnataka's proactive approach in harnessing clean and sustainable energy sources to meet growing electricity demands while addressing climate change challenges.

Next Story
Infrastructure Urban

Govt approves NPCIL-NTPC JV company ASHVINI to start nuclear power generation

The Government on September 11, 2024 accorded approval to the Anushakti Vidhyut Nigam Ltd. (ASHVINI), a Joint Venture (JV) of Nuclear Power Corporation of India Limited – NPCIL (51%) and NTPC Ltd. (49%) to build, own & operate nuclear power plants in India in accordance with provisions of the Atomic Energy Act. Additionally Govt. of India has approved transfer of Mahi Banswara Rajasthan Atomic Power Project (MBRAPP) 4x700 MWe based on indigenous PHWR technology, from NPCIL to the JV Company ASHVINI. The Govt has also approved exemption to NPCIL to invest more than Rs 5 billion and exemptio..

Next Story
Infrastructure Urban

CRC Group partners with Dubai’s Killa Design for luxury Noida project

Noida-based real estate developer CRC Group has teamed up with renowned Dubai architect Shaun Killa to design an ultra-luxury residential project in Greater Noida. Shaun Killa, known for iconic structures such as Dubai's Museum of the Future and the Bahrain World Trade Centre, brings his expertise in sustainability and innovation to the collaboration. Killa expressed excitement about the partnership, stating, "Our goal is to create a design that stands the test of time, respects the environment, and complements the culture of the region." The project, set to feature between 375 to 400 luxury u..

Next Story
Infrastructure Urban

Nexus Venture sells stake in India Shelter Finance for Rs 4.82 billion

Venture capital firm Nexus Venture Partners divested a 5.97% stake in India Shelter Finance Corporation for Rs 4.82 billion through open market transactions. India Shelter Finance, based in Gurugram, caters to first-time home loan buyers in Tier-II and Tier-III cities, focusing on the low- and middle-income segments. Nexus, via its affiliates Nexus Ventures III and Nexus Opportunity Fund II Ltd, sold 6.4 million shares in two bulk deals on the BSE, priced between Rs 752.35 and Rs 753.27 per share, resulting in a total deal value of Rs 4.81 billion. This transaction reduced Nexus' stake in the ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000