Praveer Sinha, CEO and MD of Tata Power, said, “We are proud to announce the commissioning of the 120 MW solar project at Masenka, Gujarat within a short span of five months."
These small-scale distributed solar projects, to be commissioned within the next 18 months, will bring in an investment of over Rs 10,000 crore in the state for the development of green energy and allied sectors.
In a desperate measure, these companies had even offered GUVNL to take over majority stake in these power plants at a token consideration of Re 1 only.
The FY17 lignite volumes would be more than 80 lakh tonnes, said L Kulshrestha, CFO, GMDC.
Gunthawada, Gujarat, is the perfect place for Asia’s largest solar farm. CNBC-TV18's Mehak Kasbekar spoke to Chairman of Moser Baer Projects Limited, Ratul Puri about the company's 30 megawatt solar project.
In an exclusive interview with CNBC-TV 18's Gautam Broker and Reema Tendulkar, chief financial officer Prabal Banerji said the plant load factor (PLF)across all units was than 91% in the previous quarter. He also added, the company has steady cash reserves for the next 25 years to come.