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Business Economy


World's largest solar project starts feeding electricity into national grid

New Delhi, Jun 13 (UNI) Private power equipment supplier ABB today said it has successfully commissioned five substations to integrate a 648 megawatt (MW) solar project at Kamuthi in the southern Indian state of Tamil Nadu to the national transmission grid.
This Adani Group project, made up of five plants in a single location, is the largest of its kind in the world and will meet electricity requirement of 1.5 lakh households.
360 MW from the solar project is currently grid-connected. At full capacity, this facility will account for nearly 10 per cent of the country’s current solar capacity of about seven GW.
The project contributes to India’s vision of achieving 100 GW of solar power by 2022, with the overall aim of diversifying its energy mix to meet growing demand while minimising environmental impact. As part of this plan, the government has issued a proposal to implement 25 ultra-mega solar power projects with capacities between 500 and 1,000 MW over a period of five years.
The government of Tamil Nadu is also pursuing a solar policy which envisages a solar generation capacity addition of 3,000 MW.
“We are proud to support the country’s clean energy vision and push for solar power which demonstrates its commitment to sustainable growth,” said Claudio Facchin, President of ABB’s Power Grids division.
“This project exemplifies our end-to-end power and automation system integration capabilities and reinforces our commitment to the renewable energy sector, a key component of ABB’s Next Level strategy.”
ABB’s project scope included the design, supply, installation and commissioning related to the solar plant electrification and automation systems.
UNI NM AE RJ 1701
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Vibrant Goa will attract world business to Goa: Goyal

19 Oct 2019 | 9:32 PM

Panaji, Oct 19 (UNI) Union Minister for Commerce and Industry Piyush Goyal on Saturday said Vibrant Goa venture has truly become successful advent to attract the people from all around the world to do business in Goa.

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Banks to launch second phase of Customer outreach initiative in UP

19 Oct 2019 | 8:07 PM

Lucknow, Oct 19 (UNI) The second phase of the Customer Outreach Initiative programme, announced by the Union Finance Ministry, would be launched in 19 districts of Uttar Pradesh, from October 21 to 25.

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Vibrant Goa will boost economic activity in Goa: Piyush Goyal

19 Oct 2019 | 7:38 PM

Panaji, Oct 19 (UNI) Union Minister for Commerce and Railways Piyush Goyal on Saturday said that the Vibrant Goa-Global Expo and Summit (VG-GES) 2019 would be the forerunner of active economic growth in the state of Goa.

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Ahmedabad Sugar market rule mix

19 Oct 2019 | 5:50 PM

Ahmedabad, Oct 19 (UNI) The Ahmedabad Sugar market ruled mix here on Saturday.

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Delivery of Ather 450 e-scooter begins in Chennai

19 Oct 2019 | 5:04 PM

Chennai, Oct 19 (UNI) Ather Energy today began deliveries of its flagship e-scooter Ather 450 in Chennai.

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