Tuesday, May 21 2024 | Time 03:57 Hrs(IST)
image
Business Economy


Amara Raja Infra Wins Greenko’s 700MWp solar project in AP

Hyderabad, Apr 19 (UNI) Amara Raja Infra Private Limited (ARIPL), part of the $1.75 billion Amara Raja Group, on Friday announced it has secured a solar BoS (Balance of System) project of 500MW/700MWp from Greenko.

Spanning across a 2,200-acre site near Uyyalavada Town in Kurnool District of Andhra Pradesh, this project is ARIPL's largest capacity solar project to date, establishing itself among leaders in the industry.
This landmark project contributes to ARIPL's order book, which totals Rs 1,516 crore for Q4 of FY’24, the company said in a release.
The project scope encompasses Engineering, Procurement and Construction of the entire BoS for the 700 MWp project, which is part of Greenko’s Integrated Renewable Energy Project, conceived as the world’s first and largest Gigawatt scale project with solar, wind and pumped storage components.
Greenko is a leading renewable energy company with 6.8 GW+ operating capacity constituting solar, wind, and hydro power projects across India.
“We are proud that Greenko among other noteworthy customers continue to choose Amara Raja as a preferred partner. We have been able to scale significantly in a short amount of time, aided predominantly by the level of credibility that we enjoy with our customers,” said Vikramadithya Gourineni, Executive Director, ARIPL.
“ This project from Greenko is an opportunity for us to prove our worth once again in the ever-evolving solar space,” added Dwarakanadha Reddy, Business Head, Amara Raja Infra (Power).
UNI KNR CS
More News

Kobelco India’s first direct train shipment of excavators from Tada Rly Station

20 May 2024 | 9:49 PM

Sri City, May 20 (UNI) Kobelco India, based in Sri City, shipped a major consignment of excavators to Jaipur, Rajasthan, by train on Monday.

see more..

20 May 2024 | 8:30 PM

New Delhi, May 20 (UNI) Navratna Defence PSU Bharat Electronics Limited (BEL) net profit grew nearly 31 percent to Rs.1783.52 Crore during the 4th Quarter of FY 2023-24 from Rs.1365.36 Crore recorded in the corresponding period of the previous year (2022-23).

see more..

Growel forays into Pet Food industry segment, to invest Rs 80-100 crore in next 5 years

20 May 2024 | 8:16 PM

Hyderabad, May 20 (UNI)Hyderabad-headquartered Growel Group, a leading player in Aquaculture feeds, formulation, and the seafood processing industry, on Monday announced its strategic move by diversifying into the rapidly growing pet food Industry with the launch of two new brands – Fullr and DatGud.

see more..

20 May 2024 | 8:06 PM

New Delhi, May 20 (UNI) State-run integrated steel manufacturer Steel Authority of India Limited (SAIL) on Monday reported marginal about 3.6 per cent decline in net profit at Rs 1126.68 crore during fourth quarter (January-March) of fiscal 2023-24 compared to Rs 1169.21 crore in same quarter of 2022-23.

see more..
EPFO adds 14 41 lakh net members in March 2024

EPFO adds 14 41 lakh net members in March 2024

20 May 2024 | 7:33 PM

New Delhi, May 20 (UNI) Retirement fund manager Employees' Provident Fund Organisation (EPFO) added 14.41 lakh net members during March 2024 reflecting job prospects in the formal sector.

see more..
image