Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
Gujarat Urja Vias Nigam Ltd. has sent state-owned SJVN Ltd. a letter of intent to establish a 200 MW solar power project. According to SJVN CMD Geeta Kapur, the project's estimated construction and development costs are ₹1,100 crore.
SJVN subsidiary SJVN Green Energy Limited (SGEL) would create the ground-mounted solar project anywhere in India using an EPC contract. The Power Purchase Agreement (PPA) will be signed with GUVNL after the tariff is approved by the Gujarat Electricity Regulatory Commission (GERC), according to the statement.
The project shall be commissioned in 18 months from the date of signing of PPA. This PPA shall be signed between GUVNL and SGEL for 25 years, SJVN added. The project is expected to generate 508.4 million units in the first year after commissioning and the projected cumulative energy generation over a period of 25 years is 11,836.28 million units.
Also Read : BW LPG and Confidence Petroleum form joint venture for LPG storage Visakhapatnam Steel Plant to sell a part of its non-core assets to overcome financial struggles
The Indian government is preparing to approve a dedicated ₹47 billion ($570 million) corpus to provi...
India 08-Sep-2025
Leading Indian steelmakers fell short of their investment targets for the fiscal year ending March 2...
Ferrous 15-Apr-2024
According to the Union Minister Pralhad Joshi, the coal ministry is geared up to fulfill the 874 mil...
Notification 13-Mar-2024
Steel imports into the European Union rose 14% year on year in 2025, including semi-finished p...
Europe 17-Mar-2026
An agreement has been signed between NLC India Limited and the government of Rajasthan to form a joi...
Renewables 11-Mar-2024
The Karnataka-based captive solar project Avaada Energy, an arm of the Avaada Group, declared that i...
Renewables 30-May-2024