The order is valued at INR4.15 billion (US$ 63.3 million). Flickr: Pranav
Kolkata-based engineering firm McNally Bharat Engineering has received an order to perform EPC and O&M services for 500MW of grid-connected solar PV projects in the Indian state of Andhra Pradesh, according to a Bombay Stock Exchange filing.
The company will also carry out design, engineering, manufacturing, supply and commissioning on behalf of the utility Andhra Pradesh Power Generation Corporation Limited.
The order is valued at INR4.15 billion (US$63.3 million).
McNally, which is part of the Williamson Magor Group, provides engineering solutions across a range of power and metal industries among others, having set up more than 350 plants since 1961.
Solar & Storage Finance Asia returning to Singapore for its 5th edition, will be the meeting point for developers, financiers and investors across the region. Explore in depth the opportunities of the different countries via case studies, business and financial models that will foster growth in the region with particular focus on Thailand, Philippines, Indonesia, Taiwan, Korea, Cambodia, Singapore, Malaysia & Vietnam. The programme has been designed to enable you to win business and understand new opportunities in the market. Key topics include floating solar, project finance for PPAs, modernization of the grid and strategies for structuring and designing hybrid deals.