The revenues of Switzerland-based Leclanché have increased more than 2.5 times to exceed CHF 47 million in 2018 compared to CHF 18 million in 2017.
The state-owned Sardar Sarovar Narmada Nigam will set up the 100 MW solar project atop branch canals of river Narmada at an estimated cost of Rs 100 crore. Four locations in central Gujarat have already been identified for the project.
Aggressive bidding secures price of Rs2.55 for U.S. company in a procurement exercise whose results are unlikely to see GUVNL throw its toys out of the pram.
Solar-wind and wind-only projects will be set up in centralized renewable energy parks along the lines of successful solar installations to keep power evacuation simple, under the terms of the state’s new land policy.
Prices ranging from Rs2.84-2.89 have been deemed too costly by the state as the foreign developers who posted the lowest bids blamed high charges at the Raghanesda Solar Park where the projects had to be based.
Head of industrial conglomerate makes pledge at Vibrant Gujarat Summit as part of his company’s ambition to install 10 GW of renewables capacity by 2022.
At the ongoing Vibrant Gujarat Global Summit, Tata Group and Adani have announced plans to invest in lithium ion battery manufacturing in Gujarat. Chromeni Steels, a joint venture company of China’s Tsingshan Industries, will invest US$ 3 billion to manufacture stainless steel and electric vehicle (EV) batteries.
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