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In sync with the government’s mission, Vareyn Solar’s expansion into residential solar solutions complements the PM Suryodaya Yojana.
The MoU comprises various provisions aimed at enhancing support for renewable energy projects. These include joint lending, loan syndication and underwriting, management of Trust and Retention Account (TRA) for IREDA borrowers, and working towards competitive terms of sanction, including pricing on IREDA borrowings.
The award has been conferred in recognition of REC’s CSR initiative of installation of 2 MW rooftop solar plant at IIT Madras. The solar plant generates around 3.15 million units of clean energy every year, thus helping IIT Madras reduce its carbon footprint.
The company has added 1500MVA Capacity enhancing Mumbai’s energy capacity.
The SPV was formed for the establishment of Inter State Transmission Project for “Evacuation of Power from RE Projects in Rajgarh (1000 MW) SEZ in Madhya Pradesh-Phase II” through Tariff-based Competitive Bidding process.
New drives can control high efficiency motors, empowering businesses to reach the highest IE5 efficiency standard.
SVC Light Enhanced solution combines grid stabilizing technologies for a decarbonized future. The breakthrough solution will improve the power quality in the transmission grid that supplies power to 11 million people and numerous industries.
The company’s sales reached INR 726.1 million, a substantial increase from INR 257.29 million in the same quarter last year.
Tata Power is the biggest player in the rooftop solar space with 18% growing market share. It has a robust network of 500 channel partners across 400 cities and towns, covering both domestic and commercial and industrial (CNI) segments.
Credit Fair will offer faster, simpler and fully digital lending solutions to customers who choose Jakson Solar energy equipment and technology. Credit Fair also provides easy EMI options up to seven years with a provision to pre-close loans without any additional charges.
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