Amazon Great Indian Festival 2020 - Electronics
Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Amazon Great Indian Festival 2020 - Electronics
Stock Report

| More

TATA Power lays foundation of 400 MW (AC) Solar Power Project at the 5000 MW Solar Park in Dholera Special Investment Region in Gujarat

Posted On: 2020-10-17 05:47:25

The development is a huge shot in the arm for the DSIR project which is one of India's first and largest Greenfield Smart city that aims to provide superlative infrastructure and sustainable environment through the application of 'smart' solutions.

Dholera is all set to develop one of the world's largest single-location Ultra Mega Solar Power Park which the government approved recently. Close to 11,000 hectares of land parcels are dedicated to the Park with estimated capacity of 5000 MW renewable energy generation. Of this, currently Phase 1 of 1000 MW is being developed in which a 700 MW bid was recently awarded to five companies in August 2020 namely Vena Energy Renewables, Tata Power, ReNew Power, SJVN Limited, and TEQ Green Power while 300 MW from the bid issued in the year 2019 was awarded to Tata Power.

Today, Tata Power, India's largest integrated power company is to develop 400MW of solar project for Solar Park at Dholera, Gujarat. The recommencement of site work was commemorated with tree plantation today for 300MW project in the presence of Dr. Parul Mansata, Deputy Collector, Dholera Special Investment Regional Development Authority, Mr. Ashish Khanna, President - Renewables, Tata Power and local community leaders. Further to the existing 300MW project, a LOA of 100MW was received from Gujarat Urja Vikas Nigam Limited (GUVNL) to develop the project in Dholera Solar Park of Gujarat. The energy will be supplied to GUVNL.

"The Ultra Mega Solar Power Park in Dholera is a state-of-the-art project that will provide clean, renewable energy. Solar power is the biggest natural resource gifted to humans and DSIR is poised to use this gift towards the betterment and sustainable human life. I am happy to share that M/s. Tata Power laid the foundation stone of its 400 MW solar park establishment in DSIR and further, we are looking forward to devise an innovative approach for attracting investors to the region that will thrive on renewable energy" said Dr. Parul Mansata.

The National Highway Authority of India recently initiated development work of the Ahmedabad-Dholera four-lane expressway project. The work order of Rs 3,500 crore for the stretch of road connecting Ahmedabad to Dholera Special Investment Region (SIR) has been finalised and work is expected to begin shortly. This road will be a new straight alignment. The Ahmedabad-Dholera expressway will have more advanced features than the Ahmedabad-Vadodara expressway and is expected to reduce the commute between Ahmedabad and Dholera to less than an hour.

While, Dholera Industrial City Development Limited is also in process of implementing the Bhimnath-Dholera Rail network, so as to ease the movements of goods coming in Dholera or going out to either ports or supplying across the nation.

Features like large land parcels, Plug-N-Play utilities, CETP, STP, WTP, etc. also facilitate companies who intend to setup some of the biggest industries in India and this makes Dholera, the right place for establishment. Characteristics like Lowest Power Tariff, 5000 MW Solar Park, ICT enabled networking etc will make industries across sectors, more competitive and help them focus on their business without worrying about the utility & services, allowing them to reduce business lifecycle cost and get better returns on investment well in advance according to their forecast.

These developments and a holistic support infrastructure being developed in the region are a huge shot in the arm for the DSIR project, which is one of India's first and largest Greenfield Industrial Smart city that aims to provide superlative infrastructure and sustainable environment through the application of such 'smart' solutions.

While, the national policies for industries are always favourable to existing as well as new investors. Gujarat has more than 40 active ports across its 1600 kms. coast line and it helps the state handle more than 40% of the cargo movement for the nation. The Government of Gujarat also took a step further and published the new Industrial Policy 2020. With this policy, the state has ensured to share benefits in terms of Fixed Capital Incentive (FCI) put by the company and favours incentives pertaining to projects who need relocation incentives if they intend to setup in Gujarat. Gujarat is probably the only state that boasts sector / industry specific policies and ensures that industries get their incentives on time.

Shares of TATA POWER CO.LTD. was last trading in BSE at Rs.54.15 as compared to the previous close of Rs. 52.95. The total number of shares traded during the day was 1872709 in over 3763 trades.

The stock hit an intraday high of Rs. 54.6 and intraday low of 52.35. The net turnover during the day was Rs. 100920206.

Source: Equity Bulls

Click here to send ur comments or to

Amazon Great Indian Festival 2020 - Mobiles

Other Headlines:

GIGAnet from Vi is the most consistent and fastest 4G network in India: Ookla®

Fineotex Chemical Ltd Q2 consolidated PAT climbs to Rs. 10.48 crore

Sun Pharma announces 5-Year Sustained Efficacy and Safety Results for ILUMYA® (tildrakizumab-asmn) in Patients with Moderate-to-Severe Plaque Psoriasis

Rushil Decor Limited calls for call money payment towards partly paid equity shares

NXTDIGITAL LIMITED divests 80,78,155 shares of Hinduja Leyland Finance Ltd

Virinchi Limited to launch Mobile App based Pharmacy

Trishan Metals Private Limited becomes 100% subsidiary of IFB Industries Ltd

S&P reaffirms AXIS Bank's issuer credit rating

Aditya Vision Ltd opens 55th showroom at Jhanjharpur, Madhubani

Rushil Decor Limited's new Andhra unit commercial operation pushed to April 1, 2021

IDFC First Bank Ltd posts consolidated PAT of Rs. 109.02 crore in Q2FY2021

Likhitha Infrastructure Ltd Q2 net profit jumps to Rs. 5.36 crore

Tanla Platforms Ltd Q2 consolidated PAT up at Rs. 81.47 crore

Colinz Laboratories Ltd Q2FY21 PAT at Rs. 0.0644 crore

Unick Fix-A-Form And Printers Ltd posts PAT of Rs. 0.69 crore in Q2

DCB Bank Ltd reports Rs. 82.29 crore net profit in Q2FY21

ICICI Bank Ltd Q2FY21 consolidated PAT jumps to Rs. 4882.33 crore

Sheela Foam Ltd Q2 consolidated PAT soars to Rs. 69.84 crore

Yash Pakka Ltd Q2FY21 net profit higher at Rs. 3.17 crore

Rushil Decor Ltd Q2FY21 PAT surges QoQ to Rs. 6.81 crore

Relaxo Footwears Q2FY21 PAT climbs to Rs. 75.10 crore

Punit Commercials Ltd posts PAT of Rs. 0.23 crore in Q2

Nitin Spinners Ltd Q2FY21 PAT up at Rs. 11.92 crore

Unichem Laboratories Ltd Q2FY21 consolidated net profit rises to Rs. 8.73 crore

Paisalo Digital Ltd reports jump in Q2FY21 consolidated PAT to Rs. 21.94 crore

ZEN Technologies Ltd Q2 consolidated PAT at Rs. 0.78 crore

Divyashakti Granites Ltd posts Rs. 1.54 crore PAT in Q2FY21

PNB Gilts Ltd board to consider Q2 results, interim dividend on Nov 10, 2020

The Anup Engineering Ltd Q2FY21 net profit at Rs. 11.66 crore

JSW Holdings Ltd Q2FY21 consolidated PAT at Rs. 39.48 crore

SKP Securities Ltd Q2FY21 net profit at Rs. 0.60 crore

Hester BioSciences Ltd Q2FY21 consolidated net profit up at Rs. 6.68 crore

Deepak Nitrite Limited reports earnings for Q2FY21, H1FY21

Zuari Agro Chemicals Ltd board to consider Q2FY21 results on Nov 9, 2020

Chalet Hotels Ltd board to announce Q2FY21 results on Nov 10, 2020

Aarti Drugs Ltd to expand Metformin Capacity to 3000 TPM

Nectar Lifesciences Ltd posts consolidated loss of Rs. 7.31 crore in Q2FY21

Wheels India Ltd Q2FY21 consolidated PAT at Rs. 6.84 crore

Quess Corp Ltd reports Q2FY21 consolidated PAT of Rs. 45.68 crore

Ador Multiproducts Ltd Q2 consolidated PAT zooms to Rs. 3.31 crore

Edelweiss Financial Services Ltd Q2FY21 consolidated loss at Rs. 48.50 crore

Wheels India Ltd commissions new plant at Thervoykandigai

Grasim Industries Limited and Lubrizol Partner for India's largest CPVC Resin Plant

WEP Solutions Ltd board to consider Q2FY21 results, rights issue on Nov 6, 2020

Motilal Oswal Financial Services Ltd posts consolidated net profit of Rs. 296.46 crore in Q2

Deepak Nitrite Ltd Q2FY21 consolidated net profit rises to Rs. 170.19 crore

Voith Paper Fabrics India Ltd reports net profit of Rs. 7.94 crore in Q2

RIL Q2FY21 consolidated net profit declines to Rs. 9567 crore

Emkay Global Financial Services Ltd posts Rs. 3.67 crore consolidated PAT in Q2FY21

Aarti Surfactants Ltd board to consider raising capital, Q2 results on Nov 5, 2020

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019