REC Limited Secures JPY 31.96 Billion Green Loan for Sustainable Projects in India;AAI Invites E-Tenders for Solar Power Plant Maintenance and More...
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Empowering South Asia's Solar Revolution - India, Bangladesh, Nepal, Pakistan & Sri Lanka.
REC Limited , a prominent player in India’s power sector, has achieved a significant milestone in sustainable development by securing a green loan of JPY 31.96 Billion (approximately USD 200 million) to fund eligible green projects in the country. This strategic financing underscores REC’s commitment to fostering sustainable growth in line with its Green Finance Framework.
The Airports Authority of India (AAI) has announced a call for e-tenders through the Central Public Procurement Portal (CPP) for the comprehensive maintenance, operation, and monitoring of a 2MWp rooftop solar power plant at Netaji Subhas Chandra Bose International (NSCBI) Airport, Kolkata. The contract, estimated at Rs. 87,11,766 (excluding GST, EPF, ESIC, reimbursement of minimum wages & bonus), spans from 2024 to 2027.
RMC Switchgears Limited is making a big push into renewable energy with their new Solar EPC (Engineering, Procurement, and Construction) venture. Their first project is a 1.35 MWp solar power plant in Rajasthan, valued at Rs. 4.76 crores. This move aligns with their commitment to sustainability and positions them as a leader in India’s green energy revolution.
In a significant move towards expanding renewable energy capacity, NTPC Renewable Energy Limited (NTPC REL) has announced an invitation for online bids from eligible bidders for an EPC package to develop 795MW of Solar PV projects at Khavda RE Power Park, located in the Rann of Kutch. The bidding process will follow a Single Stage Two Envelope system, comprising Envelope-I: Techno-Commercial Bid and Envelope-II: Price Bid.
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On Global Energy Independence Day, Hindustan Zinc , India’s largest and the world’s second-largest integrated zinc producer, announced the launch of the first phase of renewable energy integration from Serentica Renewables, a leading C&I-focused renewable energy provider in India. This initiative marks a significant step towards decarbonizing Hindustan Zinc’s operations in Rajasthan.
Enfinity Global Inc., a leading renewable energy company, has announced the successful securing of $164 million (JPY 26.24 billion) in financing for a 250 MW solar PV portfolio in Japan. This financing, achieved in partnership with Macquarie Capital and a syndicate led by Shinhan Asset Management, is set to propel the company’s growth in the Japanese market.