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SolarArise commissions 75 MW Solar Plant in Uttar Pradesh


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Zurich, 27 January 2021 / News Aktuell.- ThomasLloyd announced today that SolarArise India Projects Private Limited (“SolarArise”) has commissioned a 75 Megawatt (“MW”) Solar PV plant in Khera village, Budaun District, state of Uttar Pradesh delivering clean energy to over 100,000 people in Northern India.
In 2018, ThomasLloyd, a leader in impacting investing in emerging markets, invested in Delhi-based SolarArise alongside the Global Energy Efficiency and Renewable Energy Fund (“GEEREF”), advised by the European Investment Bank Group, and Kotak Mahindra managed Core Infrastructure India Fund (“CIIF”).
The new solar plant operates under Talettutayi Solar Projects Five Private Limited has a 25-year Power Purchase Agreement (“PPA ....

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Covid pandemic causes Rs 2,603 cr revenue loss to cash-strapped APSRTC


Covid pandemic causes Rs 2,603 cr revenue loss to cash-strapped APSRTC
The cash-strapped APSRTC saw its revenue decline by Rs 2,603 crore between March 22 and December 28, said RTC Vice-Chairman and Managing Director MT Krishna Babu.
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By Express News Service
VIJAYAWADA: The cash-strapped APSRTC saw its revenue decline by Rs 2,603 crore between March 22 and December 28, said RTC Vice-Chairman and Managing Director MT Krishna Babu.
During an interaction with the media at RTC House here on Wednesday, Krishna Babu said the corporation operated 29.74 crore km between March 21 and November 30 against 108.58 crore km in the corresponding period of last year, resulting in its earnings declining to Rs 827.65 crore from Rs 3,355.56 crore (by 75 per cent) for the said period. Occupancy ratio (OR) also dropped to 59.14 per cent from 78.22 per cent, he added. ....

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