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  • ChaitanyaChaitanya Rayapudi of Supra Builders, the solar dreamer
It will be a wood free apartment. No geysers, invertors, diesel generators to be installed. When it is completed in next 18months, it will be the “Near Zero Carbon Emissions Building in the country.”
 
Only 2% of the new constructions in India are Green Buildings. Residential apartments are responsible for 22 percent of India's total annual carbon emissions.  So it is very important that we move towards sustainable homes, informs Chaitanya Rayapudi.

Own a home that doesn't use wood for doors and windows. Uses minimum electricity, draws only solar power. Solar water heaters produce hot water. Solar power is the primary source of electricity for the apartment of 16 units of 3 BHK. It runs almost exclusively on Solar Energy. The power bills will not be more than Rs. 250/- per month. It creates a facility to re-use rainwater. Ground water is harvested. It produces, minimal carbon footprint.
 
It is India’s first fully Solar Powered Real Estate Project, where even elevators work on Solar Power.
 
The Supra Eco Homes, the newly launched Hyderabad's greenest homes project planned so well that it minimally depends on the grid. That means there will be no power bills, power cuts, literally.
 
No geysers, invertors, diesel generators to be installed in the building.
 
Wood is a primary building material. But, zero trees are cut, and zero wood is used in the construction of the building. Instead, windows made of UPVC and steel doors and frames are used.
 
Sustainable Homes is undoubtedly the wave of the future. Supra Builders is the first construction company in India gone deep in Solarizing the Apartment in the past, and now even lifts of Supra Eco Homes are run on solar energy, which was not possible earlier in Pride Supra Homes.
 
This environmentally low-impact home designed and built considering the changing preferences of the consumers informed 32years old young entrepreneur, a software professional-cum-real estate builder, Chaitanya Rayapudi.
 
Green housing will be the future of real estate not only in India, but, across the globe. Environmentally responsible and resource-efficient buildings must become an integral part and future of the construction industry of our country. And we are happy, "Supra Builders is the pioneer in this segment". Many home buyers prefer our green and sustainable homes.
 
Only 2 percent of the new construction in India is Green Buildings. We made a giant leap forward in adopting green technologies. Buildings account for up to 40 percent of the total energy consumption in India, of which residential sector accounts for over 60 percent. Residential apartments are responsible for 22 percent of India's total annual carbon emissions. So it is very important that we move towards these sustainable homes, informs Chaitanya.
 
Constructing in 900sq yards space, the venture; Supra Eco Homes has 16 units of 3 BHK Flats of 1406 ft. The building of two blocks of parking and plus four floors apartment boasts of many eco-friendly amenities. It has green space with private farming of vegetables, fruits, and flowers. It has solar fencing, rainwater re-usage and harvesting facility, water softener, etc. It houses 20seater home theatre, mini-gym, sports room as well.
 
Own a Supra Eco Home that saves, Chaitanya speaks passionately about his latest venture. When you own a home in The Supra Eco Homes you save six trees, you save on electricity and water. You will be the proud owner of the home that leaves the minimal carbon footprint.
 
It is the trend-setting apartment and is an eco-friendly model apartment. Our previous project "Pride Supra Homes" drew a lot of public attention. It was the cynosure in the nearby localities. Many architecture students studied it, did their thesis and project works on it, says Chaitanya proudly.
 
Besides the solar initiative, we have used AAC Bricks, LEDs, Energy-saving fans, energy efficient ACs. We have used UPVC Windows with three track systems, Eco-Friendly Doors (UPVC Tri-Composite). By opting for UPVC Doors & Windows, we have brought down the wood usage in the construction by 100%, said Chaitanya.
 
We also used less cement compared to any other constructions. By using alternate green construction material available, we save a lot of water used for curing, close to 50%.
 
In recent years, Unplasticized Polyvinyl Chloride or UPVC doors have become popular and are being used widely in homes. They are the most durable of the materials available, strong, robust and resilient. It is highly unlikely that UPVC needs to be changed. They don't rot, flake, rust, fade, pools off, etc. Don't require any maintenance. They are stable material to resist pollution. These UPVC doors work as good insulators, due to which home is warmer in winter and cooler in summer. These doors are top rated and imported from Turkey.
 
Supra Builders, the Hyderabad-based Start-up Construction Company is India’s first Eco-Wise Builder, is trendsetting in its approach. It is always ahead of its competition. It has been the pioneer in offering green living concepts.

For more information, please visit: www.supra.builders

Read more: The Supra Eco Homes, India's First Fully Solar...

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  • ImageImage for representation purpose only
Sterling and Wilson, one of the dominant global forces in the solar-PV space, has bagged Turnkey Engineering Procurement and Construction along with Operation & Maintenance contract for the world’s largest single location solar PV plant in Sweihan, Emirates of Abu Dhabi. The project will deliver a capacity of 1177 MWp, easily surpassing the current largest 850 MWp single location plant in China.
 
With construction already underway, the prodigious plant, which is spread over a desert area of 7.8 sq. km, is scheduled to be fully integrated with the grid in a record timeline of just 23 months. To top it all, the project was awarded at the lowest ever recorded bid in the history of PV solar.
 
The plant is jointly developed by Marubeni, a Japanese integrated trading and investment giant, along with Jinko, a global leader in the solar industry, and Abu Dhabi Water and Electricity Authority (ADWEA). The consortium has successfully bid a tariff of USD 2.42 cents per kilowatt hour, marking the lowest cost ever for solar power. This is a positive demonstration of the promising future of clean energy, reducing the dominance of fossil-fuel-backed power plants.  
 
The prestigious project will play a major role in the Emirates of Abu Dhabi achieving its aim of sustainability and energy diversification, through the use of clean energy/low carbon growth in accordance with the world’s vision of long-term environmental stewardship.
 
The plant, once commissioned, would save around 7 million tonnes of carbon emissions every year, a number that would be a national landmark. To put it in perspective, 1177 MWp can power around 1,95,000 homes, thus contributing to the welfare of the current as well as the future generations of the people of the UAE.
 
“We are fully geared and very excited to be a part of this important milestone in the global solar market”, said Bikesh Ogra, President – Renewable Energy, Sterling and Wilson.
 
Owing to the favorable government policies, India is now the 3rd largest market for solar in the world, allowing Sterling and Wilson the opportunity to become the leading solar EPC in the country. The company has created a global brand and has now grown to be the world’s largest solar EPC player outside USA and China.
 
Laying emphasis on the need to be competitive, he further added, “The strongest contributor to this tariff is the capital expense driven by lower equipment cost and a highly efficient system design. Our unique design offerings and state-of-the-art robotics optimizes the yield and performance of the plant”
 
Sterling and Wilson also has to its credit >1400 MW of best performing solar power plants in various geographies with a powerhouse of more than 3000 qualified engineers, project managers and designers.
 
As the acceleration of growth in the energy sector has increased worldwide, Sterling and Wilson has ventured into the wind and energy storage sectors, covering the entire canvas in the renewable sector. Backed by its robust resources in project management, project implementation and project engineering, with projects completed in the Philippines and South Africa, and a number of projects in Zambia, Niger and Morocco under construction, the company is fully geared to deliver more than 3000 MW every year.

About Sterling and Wilson

Sterling and Wilson is an excellent example of how the Shapoorji Pallonji family has nurtured long-term associations with its business partners. The Mistry and Daruvala families have been partners in Sterling and Wilson for 3 generations. This partnership will only grow stronger, as the 4th generations of both families have recently joined the business.
 
Over the past 5 years, Sterling and Wilson has shown exceptional growth; with operations all over the globe, as well as an expansion in its range of services, the company's turnover has shown an extremely positive growth. From a turnover of INR 1,760 crore in 2012, Sterling and Wilson group crossed a turnover of INR 6,000 crore last year as is likely to exceed INR 10,000 crore in the year ended March 2018. From being a predominantly India focused company in 2010, Sterling and Wilson now operates across the Middle East, Africa, Australia and Europe. In the current year, the company is expanding to the USA and South America. From being a company that was mainly focussed on doing MEP projects in India, Sterling and Wilson over the past 5 years has set up global operations in manufacture of DG sets, Gas based power plants, Waste to Energy, Turnkey data centers, Transmission and Distribution and Solar EPC. With its recent forays into wind and energy storage, Sterling and Wilson is perfectly poised to play a pivotal role in the global trend of moving away from thermal plants to a future of renewable energy with storage.

Visit us at www.sterlingandwilson.com

Read more: Sterling and Wilson Scales New Heights; Gets...

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  • AzureAzure Power | New York Stock Exchange
Azure Power (NYSE: AZRE), a leading independent solar power producer in India, has been granted INR 678.3 (US$ ~10.5) million of low-cost debt financing through the SBI-World Bank: Grid Connected Rooftop Solar PV Program. The loan is for 15 years with an interest rate of 8.35% per annum, one of the lowest interest rates availed by a solar power developer in the Indian solar sector to date. The loan will be utilized to scale Azure Roof Power, Azure Power’s solar rooftop platform.

Azure Roof Power offers superior rooftop solar power solutions for commercial, industrial, government, and institutional customers in cities across India to lower their energy bill and meet their greenhouse gas (GHG) emission reduction targets. With over 100 MWs of high quality, operating and committed solar assets across 14 states, Azure Roof Power has one of the largest rooftop portfolios in the country. Azure Roof Power customers include large commercial real estate companies, a leading global chain of premium hotels, distribution companies in smart cities, warehouses, Delhi Metro Rail Corporation, Indian Railways and a Delhi water utility company.

Speaking on this occasion, Inderpreet Wadhwa, Chairman, and Chief Executive Officer, Azure Power said, “We are pleased to announce our partnership with SBI and World Bank which will enable us lower the energy bills of our customers by providing clean and sustainable solar energy. We are excited to expand our Azure Roof Power platform in India with the support of SBI and World Bank.”

Under the SBI-World Bank: Grid Connected Rooftop Solar PV Program, the World Bank and the International Bank for Reconstruction and Development (IBRD) approved a line of credit of $625 million to support the Government of India’s goal to expand rooftop solar to 40,000 MWs. 

About Azure Power

Azure Power (NYSE: AZRE) is a leading solar power producer in India with a portfolio of over 1,000 MWs across 18 states. With over 100 MWs of high quality, operating and committed solar assets, the company has one of the largest rooftop portfolios in the country. With its in-house engineering, procurement and construction expertise and advanced in-house operations and maintenance capability, Azure Power provides low-cost and reliable solar power solutions to customers throughout India. It has developed, constructed and operated solar projects of varying sizes, from utility scale to rooftop, since its inception in 2008. Highlights include the construction of India’s first private utility scale solar PV power plant in 2009 and the implementation of the first MW scale rooftop project under the smart city initiative in 2013.

For more information, visit: www.azurepower.com.

Read more: Azure Power Taps IBRD (World Bank) Loan to Scale...

MoU between NTPC and MOP for 2017-18

22nd Jun, 2017

Memorandum of Understanding (MoU) for the year 2017-18 between NTPC and Ministry of Power, Govt of India was signed on 20th June, 2017.

As per the MOU, NTPC has generation target of 250 Billion Units during the year under "Excellent" category. Revenue target from Operations under "Excellent" category is Rs 79,280 Crore.

In addition to above, parameters related to financial performance, operational efficiency, CAPEX, projects monitoring and HR Management are also part of MoU in line with guidelines of Department of Public Enterprises.

NTPC is the largest power utility company in India with a total installed capacity of 51,635 MW. Company has presence in Coal , Gas , Solar PV, Hydro and Wind Power Generation and Coal Mining.


« Back to Press Releases
Read more: MoU between NTPC and MOP for 2017-18

Indian Tamil Nadu Energy Development Agency (TEDA) invites Expressions of Interest (EOI) from national and international companies or consortium thereof interested in establishment of 500 MW solar park in the state of Tamil Nadu as part of »Development of Solar Parks and Ultra Mega Solar Power Projects« announced by the Ministry of New and Renewable Energy (MNRE).

Read more: India’s Tamil Nadu gets ready for another 500 MW...

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  • (L-R(L-R ) Ulhas Pawar, Sandeep Waslekar, President Startegic Foresight Group, Hanmant Gaikwad, MD & Chairman, BVG , Sharad Pawar, Nitin Gadkari, Raghunath Mashelkar, Umesh Mane, Joint MD, BVG, Arunima Sinha, Goodwill Ambasador, BVG
  • Hanmant Gaikwad, Chairman of BVG appreciated by Sharad Pawar & Nitin Gadkari for the success and determination
  • BVG announces major expansion plans
  • To foray into affordable housing & agriculture
A Marathi entrepreneur in the form of Hanmant Gaikwad has brought change in the service sector. His success has brought glory to Maharashtra and is pride of all Marathi people, said Union Road, Surface Transport and Shipping Minister Nitin Gadkari.
 
Shri. Gadkari spoke at the Silver Jubilee function of Bharat Vikas Group. Former Minister for Agriculture, Sharad Pawar, Chairman of the Strategic Group, Sandeep Vasalekar; Veteran Scientist, Dr. Raghunath Mashelkar; Hanmant Gaikwad, Chairman of Bharat Vikas Group (BVG) and Vice Chairman, Umesh Mane; Arunima Sinha; the Goodwill Ambassador of BVG were also present on the dais.
 
Three apps were launched at the occasion. ‘108’, the app designed for an emergency situation, was launched by Arunima Sinha. Domestiqa, the app for domestic services, was launched by Sandeep Vasalekar. Booklet app, the audio book app, was launched by Dr. Mashelkar. Amrut Deshmukh, who read books for the app, was felicitated. Also, the book ‘BVG Krishi Tantradnyan’ and the Gram Vikas App were launched by Sharad Pawar. Suryakant Mane, the first employee of the group and Tata Motors, the first customer, were also felicitated on the occasion. The logo of the BVG Nivara, the affordable housing scheme, was unveiled by Shri. Gadkari.
 
Speaking on the occasion, Shri. Gadkari said, “My familiarity with Hanmantrao grew more and more during the last 8-10 years. He succeeded not only in Maharashtra but outside of the state as well. Today, Prime Minister Narendra Modi praised him. He has brought glory to Maharashtra. His achievements are the pride of the Maharashtra and Marathi people. While running his business he teaches people how to conduct themselves as human and this is his true greatness. The conduct of the people trained by him is ideal.”
 
Praising Shri. Gaikwad’s work, he said that influenced by Swami Vivekananda’ ideology, he has still his feet on the ground even after achieving so much success. He advised Shri. Gaikwad that ‘You have made Marathi people successful in Delhi, now venture out to the world.”
 
Dr. Mashelkar said that because of Gaikwad, the children from Varangwadi could get the chance of interacting with the scientists at Kuala Lumpur. He said that inequality since birth is a problem in India and the BVG should work to remove it. In his welcome address, Shri. Gaikwad said, “Today’s program is actually the expression of gratitude. The credit for today’s success goes to our entire team. We are trying to bring change in the lives of 50 lakh people. We are trying to bring domestic help under the social security net like ESI and PF. We are planning to facilitate affordable houses. We are looking at opportunities in Cambodia and Zimbabwe.”
 
Boy from Satara Reached Cambodia: Pawar
 
Speaking at the occasion, Sharad Pawar said, “Gaikwad has reached new heights of achievements after coming from a drought-prone area. While entering parliament, the cleaning equipment of the BVG is what we see first. Then only we can enter the parliament. The guy from Satara has reached Cambodia and he will reach Japan and US tomorrow.”
 
He mentioned BVG‘s work saying, “BVG is using the plastic to make environment-friendly products. The local bodies should take their advantage. BVG is also working in the solar energy sector. The society will benefit from it without doubt. Today, BVG is providing shelter and employment to 70 thousand families.”
 
Read more: BVG Celebrates Silver Jubilee in Grand Style

Jaipur, Rajasthan, 14 June 2017: Solar Quarter, India’s leading knowledge and media service providers in the solar energy sector, received outstanding media company award for its contribution to development of solar industry by Rajasthan Solar Association (RSA). The award was presented to SolarQuarter at the recently held SolarRoofs India 2017 at Hotel The Hilton Jaipur, Rajasthan.

The award was presented by Shree Pushpendra Singh, Energy minister of Government of Rajasthan along with Mr. Pranav Mehta, Chairman, National Solar Energy Federation of India (NSEFI). The award was presented in the presence of key dignitaries including Shree B K Doshi, MD, RRECL, Shree A K Jain, MD, REIL and Shree S P Shrimali, Chairman, Marudhara Bank.

The award was received by Mr. Vijay Kumar, MD, Solar Quarter. “We started in the solar industry when it was in its nascent stages in India. It has been our prime focus to develop new products which expedite the industry’s growth. Today we have developed a vast portfolio of publications, reports, conferences and training programmes spanning every part of the country. We have seen the industry growing and have been the integral part of this industry. We feel blessed that our hard work of over the years is being appreciated. We will continue our work for the upliftment of the industry. We are grateful to RSA and NSEFI who have recognised our efforts.”

India has to achieve the target of 40 GW by 2022 of Solar rooftop projects. To support this initiative of government, SolarQuarter has recently launched series of events called SolarRoofs India 2017 (www.solarquarter.com/solarroofswhich will be organised in 15 cities of India viz Jaipur, Pune, Kolkata, Chennai, Ahmedabad, Vizag, Kolhapur, Jodhpur, Udaipur and many more to list down. The event series aims to bring better awareness & promote faster implementation of rooftop projects in industrial, residential and commercial segments. This initiative of SolarQuarter has been lauded by the ministry, the government agencies and the industry.

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  • AzureAzure Power | New York Stock Exchange
Azure Power (NYSE: AZRE), a leading independent solar power producer in India, has announced that it has commissioned a 100-megawatt (MW) solar power plant in Andhra Pradesh.

The project was auctioned by NTPC, which has a AAA debt rating and is the Government of India’s largest power utility. The solar plant has been set up at Kurnool Ultra Mega Solar Park with a total capacity of 1,000 MWs. The solar park is being developed by Solar Park Implementation Agency (SPIA) and Andhra Pradesh Solar Power Corporation Limited (APSPCL). Azure Power will supply power to NTPC for 25 years at a tariff of INR 5.12 (~USD 7.9 cents) per kWh. Spread across 500 acres of land in Andhra Pradesh, the project will help in electrifying the nearby areas. 

Speaking on this occasion, Inderpreet Wadhwa, Founder and Chief Executive Officer, Azure Power said, “With the commissioning of this plant, we have once again demonstrated our strong project development, engineering, and execution capabilities. We are delighted to make a contribution towards realization of our Hon’ble Prime Minister’s commitment towards clean and green energy, through solar power generation. Our sincere gratitude to NTPC and the State of Andhra Pradesh for all the cooperation and support extended.”

About Azure Power
 
Azure Power (NYSE: AZRE) is a leading solar power producer in India with a portfolio of over 1,000 MWs across 18 states. With over 100 MWs of high quality, operating and committed solar assets, the company has one of the largest rooftop portfolios in the country. With its in-house engineering, procurement and construction expertise and advanced in-house operations and maintenance capability, Azure Power provides low-cost and reliable solar power solutions to customers throughout India. It has developed, constructed and operated solar projects of varying sizes, from utility scale to rooftop, since its inception in 2008. Highlights include the construction of India’s first private utility scale solar PV power plant in 2009 and the implementation of the first MW scale rooftop project under the smart city initiative in 2013.

For more information, visit: www.azurepower.com.

Read more: Azure Power Commissions 100 MW NTPC Solar...

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