Construction Infrastructure
NTPC REL wins bid for 325 MW solar projects in Madhya Pradesh
NTPC Renewable Energy Ltd (NTPC REL) has received a Letter of Award(LoA) from Madhya Pradesh government for developing 325 MW of solar projects in Rewa Ultra Mega Solar Ltd at Shajapur Solar Park in Madhya Pradesh, the company said in a statement on Thursday.
On Wednesday, it got the letter of award for Agar, Shajapur and Neemuch Solar Park with a capacity of 1500 MW at Bhopal from the Chief Minister of the State Shivraj Singh Chauhan. State distribution companies and railways will purchase power from these projects, as per the statement.
News Source : Business Standard
Construction Infrastructure
The Adani Enterprises unit has received a letter of approval for an NH project in Maharashtra
Adani Road Transport Ltd (ARTL), a wholly owned subsidiary of Adani Enterprises, has received LoA for a project involving six laning of Kagal-Satara section of NH-48 (old NH4) in Maharashtra. The project will be executed under the Bharatmala Pariyojana at ₹2,008.47 crores. The construction period for the 67-km long road project is expected to be 2 years from the date of appointment and the concession period will be 18 years.
With this project award, Adani’s road portfolio will have total 14 projects with more than 5,000 lane km with asset value exceeding ₹41,000 crore spread across India.
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