Gujarat Mineral Development Corporation Limited (GMDC), a prominent player in India’s mining sector, has reported a robust financial performance for the first quarter of FY25. The company has showcased a significant upward trajectory in its key financial metrics and operational aspects, highlighting its resilient growth and strategic advancements in a competitive sector. Revenue and Profitability […]
In a landmark development for India’s renewable energy sector, SJVN Green Energy Limited (SGEL), the renewable subsidiary of SJVN, has been granted a Letter of Intent (LOI) by Gujarat Urja Vikas Nigam Limited (GUVNL) for a 200 MW Solar Project in Phase–XXIII of GUVNL’s solar energy initiatives. This announcement was made by Smt. Geeta Kapur, […]
Torrent Power has agreed to acquire Visual Percept Solar Projects, the holding company for a 25MW solar power plant in Gujarat, from Blue Daimond Properties and Balrampur Chini Mills for a sum of around INR 163 crores. Blue Daimond Properties has a 55% stake, while Balrampur Chini Mills has the remaining 45% stake in Visual […]
Indian renewable energy company ReNew Power has commissioned a 105MW solar power plant in Patan District, Gujarat. The Patan solar power plant is underpinned by a 25-year power purchase agreement (PPA) with the Gujarat Urja Vikas Nigam Limited (GUVNL). Under the long term PPA, the ReNew Power project will supply clean electricity to Gujarat at […]
Tata Power said that it has received a letter of award (LOA) from the Gujarat Urja Vikas Nigam Limited (GUVNL) for developing a 100MW solar project in the 5GW Dholera Solar Park in Gujarat, India. The energy generated by the solar plant will be bought by GUVNL, a Gujarat state-owned utility, under a 25-year power […]