250 MW solar projects awarded to 26 players by punjab government

 

Government of Punjab has awarded Solar Projects to 26 private players for 250 MW capacity which will be having investment requirement of around Rs. 2,500 to 3,000 Crorers. 

 

Some of the players to whom the projects awarded are Lanco Solar Energy, Punj Lloyd Infrastructure, Moser Baer Clean Energy, Essel Infra Projects, Asopus Infrastructure (an India Bulls company), Welspun Solar, Azure Urja etc.

 

These Projects are awarded in two categories (i) Category I having project capacity of 1 to 4 MW (ii) Category II having project capacity of 5 to 30 MW. Under Category 1, 50 MW capacity has been awarded to 18 companies and Under Category II, 200 MW capacity has been awarded to 11 companies.

Complete list of all the selected bidders are depicted below:

250 MW Solar Projects under Solar RfP
Developer's Name	Project	Capacity (MW)	Tariff (Rs./Unit)
Category II: 5 to 30 MW
Azure Urja Pvt Ltd	Project - 1	15	7.67
Azure Urja Pvt Ltd	Project - 2	15	7.97
Solairedirect Energy India Private Ltd		20	7.99
Welspun Solar Punjab Pvt. Ltd.	Project - 1	20	8.33
Welspun Solar Punjab Pvt. Ltd.	Project - 2	10	8.42
Punj Lloyd Infrastructure Ltd		20	8.49
Moserbaer Clean Energy Limited	Project - 1	15	8.52
Moserbaer Clean Energy Limited	Project - 2	15	8.63
Asopus Infrastructure Limited	Project - 1	10	8.58
Asopus Infrastructure Limited	Project - 2	20	8.66
Essel Infraprojects Ltd	Project - 1	10	8.65
Essel Infraprojects Ltd	Project - 2	20	8.70
Lanco Solar Energy Private Limited		10	8.74
Total		200	8.41
Category I: 1 to 4 MW
WAA Solar Pvt. Ltd	Project - 1	2	7.20
WAA Solar Pvt. Ltd	Project - 2	2	7.47
T R Energy & Agro Private Limited		2	7.75
International Switchgears Pvt. Ltd		1	7.75
Aditya Meda Sales Ltd.		4	7.85
Shan Solar Pvt. Ltd		1	7.89
Supreme Infrastructure India Ltd		4	8.25
Azure Urja Pvt. Ltd		4	8.28
SAR Capital Pvt. Ltd		4	8.29
Focal Energy Wind India Pvt. Ltd		4	8.30
Atma Powers Private Limited		2	8.41
Allianz Group LLC		2	8.45
Nexgen Solex Pvt. Ltd		1	8.45
I K Energy Pvt. Ltd		1	8.48
Asopus Infrastructure Limited		4	8.49
Abundant Ventures LLC		2	8.55
Welspun Solar Punjab Pvt. Ltd		2	8.56
Mokia Green Energy Pvt. Ltd		4	8.59
Earth Solar Pvt. Ltd		4	8.70
Josan Foods Private Limited		1	8.71
Total		51	8.22

 

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Additional Reading...

http://economictimes.indiatimes.com/news/news-by-industry/energy/power/250-mw-solar-power-projects-awarded-to-26-private-players/articleshow/21281755.cms

http://www.eai.in/360/news/pages/10360

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Punj Lloyd arm partners French nuclear engineering firm, Nuvia - Sign agreement to form venture for nuclear engineering and support services

 

Punj Lloyd-group firm PL Engineering Ltd and the Indian unit of French nuclear engineering firm, Nuvia, signed an agreement on Wednesday to form a venture for nuclear engineering and support services. The proposed venture, which is slated to have a 50:50 equity structure, is being formed to capitalise on an expected surge in demand for nuclear energy-related services in India. The agreement will lead to the creation of a new joint venture company to deliver quality nuclear engineering and operational support services to the global market, a joint statement from the companies said.

 

The joint venture will focus initially on providing services to the growing Indian nuclear sector and will later look at the global market. Mr Atul Punj, Chairman, Punj Lloyd, said, "It's not just India that has very aggressive plans but globally countries are now talking more and more aggressively about ramping up into the nuclear sector, which is arguably considered the greenest energy that exists today. The venture will focus on providing services to the Indian nuclear energy sector and may expand its offerings to the global market."

 

Punj Lloyd and Nuvia will hold equal stake in the new venture, the Nuvia Group Chairman, Mr Jerome Stubler, said at a press conference. Nuvia, part of French construction and concession company Vinci SA, offers engineering and support services to nuclear power producers, power plant operators and turnkey contractors. The companies are working on the broad size of investments and the process will be completed in 120 days, Mr Punj said.

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