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India auctioned Rs.200 billion worth sovereign green bonds in FY24
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Ashoka Buildcon’s Arm Signs Contract for WB Road Project
Ashoka Buildcon has announced that its subsidiary, Ashoka Bowaichandi Guskara Road, has signed a concession agreement with the National Highways Authority of India (NHAI) for the development of a four-lane economic corridor in West Bengal. This project, located on NH 116A, stretches from Bowaichandi to Guskara-Katwa Road and is valued at Rs 13.91 billion. The work will be carried out under the Hybrid Annuity Mode (HAM) and is expected to be completed within 910 days, including the monsoon period.The project’s completion will involve significant improvements in infrastructure, facilitating be..
NTPC Renewable Energy Wins Solar Power Project from UPPCL
NTPC Renewable Energy (NTPC REL), a subsidiary of NTPC Green Energy (NGEL), has emerged victorious in securing a 1,000 MW solar power project from Uttar Pradesh Power Corporation (UPPCL) through a competitive bidding process. The project was awarded at a tariff of Rs 2.56/kWh, with the letter of award from UPPCL expected to be issued shortly.This win was part of UPPCL’s e-reverse auction conducted on January 3, 2025, aimed at selecting developers for 2,000 MW of ISTS-connected solar photovoltaic (PV) power projects across India. NTPC REL’s success in this bidding round reinforces its posit..
Husk Expands Solar Capacity to 20 MW
Husk Power Systems has successfully doubled the size of its community solar minigrid portfolio, now operating across more than 400 rural communities in Sub-Saharan Africa and South Asia. The company’s solar-powered initiatives currently deliver energy to over 1.5 million individuals and 30,000 small businesses. Husk has added 20 MW of solar generation capacity and a 2,500-km transmission and distribution network, while displacing approximately 3,000 diesel generators and reducing 15,000 tonnes of CO2 emissions annually.Manoj Sinha, CEO and Co-Founder of Husk Power Systems, highlighted, “We..
