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Ashoka Buildcon turns lowest bidder for Rs 27.91 billion NHAI projects
Tata Power, Jakson, Ashoka Buildcon lead solar EPC market in 1H 2024
Tata Power Solar, Jakson Green, and Ashoka Buildcon have emerged as the top utility-scale solar engineering, procurement, and construction (EPC) providers in India during the first half (1H) of 2024, according to Mercom India’s Solar Market Leaderboard for 1H 2024. Gensol Engineering and InSolare Energy also secured spots in the top five. Tata Power Solar led the market with a 32.7% share, followed closely by Jakson Green at 32.1%, while Ashoka Buildcon claimed the third spot with 6.5%. Gensol Engineering and InSolare Energy accounted for 6.2% and 5.1% of the market, respectively. Together..
Adani Realty plans Mumbai expansion, eyes convention centre
Adani Realty, the real estate arm of the Adani Group, is gearing up for a significant push in Mumbai with plans to develop 6-8 million square feet of residential, commercial, and retail spaces. A highlight of this expansion is a 25,000-seat convention centre near the upcoming Navi Mumbai airport, poised to rival Mukesh Ambani’s Jio World Convention Centre in Bandra Kurla Complex (BKC). The proposed convention centre will be part of a larger ecosystem featuring five-star hotels, corporate meeting spaces, and retail areas. Covering 3-3.5 million square feet, this project aims to capitalise o..
Tata Solar, Roofsol, and Havells lead rooftop solar market in 1H 2024
Tata Power Solar, Roofsol Energy, and Havells India emerged as the top rooftop solar installers in India during the first half of 2024, according to Mercom India’s Solar Market Leaderboard for 1H 2024. Kalpa Power and Mahindra Solarize rounded out the top five players, reflecting a competitive and dynamic solar market. India added 1.1 GW of rooftop solar capacity in 1H 2024, with the top five companies contributing 46.9% of these installations. Tata Power Solar maintained its leadership position, accounting for 29.2% of the new capacity additions. By June 2024, its cumulative rooftop solar..
