Indian solar water pump and motor manufacturer Shakti Pumps has successfully raised INR2.9 billion (US$34.1 million) to build a solar cell and module manufacturing plant.
Indian National Oil Company Oil India has invited businesses to offer consultancy services for 100MW ground-mounted or floating solar and wind power plants in India.
Vibrant Energy said the project financing worth INR22 billion (US$267.9 million) provided by Indian non-banking financial entity Power Finance Corporation will be used for the wind-solar hybrid projects located in Madhya Pradesh and Karnataka.
Tata Power Solar Systems has received a “letter of award” of INR5.96 billion (US$75 million) from NHDC to set up a 125MWp floating PV project in India.
An initial feasibility study into a 600MW floating solar plant in the Indian state of Madhya Pradesh has concluded, with the plant expected to begin power generation by 2022 or 2023.