NTPC to Commission 10 MW 2nd phase of Gandhar Solar Power Project

08 Jun 2023 CW Team

The Maharatna PSU, NTPC, is set to commission the second phase of the Gandhar Solar Power Project. This project, with a total capacity of 20 MW, will see the addition of 10 MW on June 7 at 12:00 PM, as stated in a regulatory filing by NTPC.

In August 2022, NTPC successfully commissioned the first phase of the Gandhar Solar Power Project, contributing 10 MW to its overall capacity. With the full commissioning of the Gandhar Solar PV Project, NTPC's standalone installed and commercial capacity will reach an impressive 56,378 MW. Furthermore, the group's installed and commercial capacity will increase to 72,364 MW.

The Gandhar Solar PV project was developed under the CPSU Scheme Phase-II Tranche-I of MNRE. NTPC secured the project through competitive bidding facilitated by SECI in 2019, with Viability Gap Funding (VGF) being a part of the arrangement. The project was carried out by BHEL under the EPC mode and is situated within the existing NTPC Jhanor-Gandhar Gas-based power station.

NTPC is at the forefront of renewable energy development in India, with a focus on solar and wind power projects. The objective of the CPSU is to diversify energy sources and reduce the carbon footprint. Recently, NTPC Green Energy Limited signed an agreement with Uttar Pradesh Rajya Vidyut Utpadan Nigam (UPRVUNL) to collaboratively develop renewable energy parks, floating solar, and other solar projects in Uttar Pradesh. The company aims to add 4 to 5 GW of renewable energy annually to achieve its ambitious clean energy target.

Infrastructure Urban

16 May 2025

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Infrastructure Urban

16 May 2025

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Infrastructure Urban

16 May 2025

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..