Solar Pv Projects

IndusInd Bank: The private sector lender is selling its MFI retail loan pool worth Rs 1,573 crore on a 100% cash basis to improve liquidity and optimize its balance sheet. Aarti Pharmalabs: Abakkus Asset Manager, led by ace investor Sunil Singhania, buys a 1.18% stake in Aarti Pharmalabs for Rs 61.52 crore, while promoters sell 1.1% stake for Rs 57.5 crore. Gensol Engineering: Secures a contract worth Rs 897.47 crore from NTPC Renewable Energy to develop 225MW solar PV projects in Gujarat. Power Mech Projects: Bags an order worth Rs 186 crore from Jaiprakash Power Ventures to provide operation and maintenance services for Jaypee Nigrie Super Thermal Power Plant. Jubilant FoodWorks: Signs an MoU with Coca-Cola India to buy its portfolio of sparkling beverage products and certain other products, also undertaking marketing activities.

Tenders for rooftop projects to boost solar sector: Report

"Given that existing grid connected solar rooftop capacity is at 166 MW as of February 2016, tendered capacity by SECI implies a significant jump," Icra Ratings Senior Vice President Sabyasachi Majumdar said.

NTPC board nods Rs 3,104 cr solar projects in MP, Rajasthan

"The Board of Directors of the Company at its meeting held on March 30, 2016, has accorded investment approval" for Rs 3,104.04 crore projects, the company said in a BSE filing.

Solar Power bids below Rs 9 per unit risky: CRISIL

Decline in solar module prices to slow down; JNNSM bids less than Rs 9 per unit risky, says CRISIL Research