ÑDz©ÌåÓý¹ÙÍøÊ×Ò³

REC, BHEL Forge Alliance for Renewables in India
POWER & RENEWABLE ENERGY

REC, BHEL Forge Alliance for Renewables in India

In a bid to drive utility-scale renewable projects in India, Rural Electrification Corporation (REC) and Bharat Heavy Electricals Limited (BHEL) have joined forces. This strategic alliance aims to accelerate the adoption of renewable energy across the country. REC, a leading public infrastructure finance company, and BHEL, a prominent engineering and manufacturing enterprise, bring together their expertise to enhance the renewable energy landscape in India.

The collaboration seeks to leverage the strengths of both entities to facilitate the development and implementation of utility-scale renewable projects. Through this partnership, REC and BHEL aim to contribute significantly to India's renewable energy targets while fostering sustainable development. By combining financial support and engineering capabilities, the alliance intends to address key challenges in scaling up renewable energy infrastructure.

This includes streamlining project financing, optimising project execution, and enhancing operational efficiency. The collaboration between REC and BHEL underscores a shared commitment to advancing India's renewable energy agenda and supporting the nation's transition towards a low-carbon economy. As renewable energy continues to play a pivotal role in India's energy mix, partnerships like these are instrumental in driving innovation, efficiency, and affordability in the sector. REC and BHEL's joint efforts signify a concerted push towards achieving India's renewable energy goals and ensuring energy security for future generations.

In a bid to drive utility-scale renewable projects in India, Rural Electrification Corporation (REC) and Bharat Heavy Electricals Limited (BHEL) have joined forces. This strategic alliance aims to accelerate the adoption of renewable energy across the country. REC, a leading public infrastructure finance company, and BHEL, a prominent engineering and manufacturing enterprise, bring together their expertise to enhance the renewable energy landscape in India. The collaboration seeks to leverage the strengths of both entities to facilitate the development and implementation of utility-scale renewable projects. Through this partnership, REC and BHEL aim to contribute significantly to India's renewable energy targets while fostering sustainable development. By combining financial support and engineering capabilities, the alliance intends to address key challenges in scaling up renewable energy infrastructure. This includes streamlining project financing, optimising project execution, and enhancing operational efficiency. The collaboration between REC and BHEL underscores a shared commitment to advancing India's renewable energy agenda and supporting the nation's transition towards a low-carbon economy. As renewable energy continues to play a pivotal role in India's energy mix, partnerships like these are instrumental in driving innovation, efficiency, and affordability in the sector. REC and BHEL's joint efforts signify a concerted push towards achieving India's renewable energy goals and ensuring energy security for future generations.

Next Story
Infrastructure Transport

Dassault To Build Falcon Jets In India With Reliance

Reliance Infrastructure Ltd’s subsidiary, Reliance Aerostructure, has signed an agreement with France’s Dassault Aviation to manufacture Falcon 2000 business jets in India, with the first batch expected to roll out from its Nagpur facility by 2028. This marks the first time a Falcon aircraft will be entirely built outside France.The announcement sent Reliance Infrastructure shares surging, hitting the 5 per cent upper circuit on the BSE. Anil Ambani, Chairman of Reliance Group, hailed the agreement as a “symbol of India’s technological and manufacturing strength�, adding that it aims..

Next Story
Infrastructure Urban

INDEA Lays Foundation for India’s First Auto Design School

The Indian School for Design of Automobiles (INDEA), the country’s first institute focused solely on automobile design and management, held its foundation stone ceremony at XLRI Delhi-NCR. The event was graced by Union Minister for Road Transport and Highways, Nitin Gadkari, who virtually unveiled the stone as Chief Guest.INDEA aims to become a premier talent hub, driving innovation in the Indian automotive sector. The school will focus on advanced design, mobility solutions, and sustainable practices, playing a vital role in shaping India’s transition from a cost-driven to a quality-led a..

Next Story
Infrastructure Transport

Karnataka Launches Global Innovation Hub at Airport City

The Government of Karnataka, in collaboration with Bengaluru Airport City Limited (BACL) and ANSR, has launched a global innovation hub named District I at Bengaluru Airport City's business park. The initiative aims to elevate India’s innovation ecosystem to a global scale by fostering collaboration among startups, academia, enterprises, and government bodies.District I will serve as a platform for deep-tech entrepreneurship, enterprise innovation, and commercialisation of academic research. It brings together Global Capability Centres (GCCs), IT firms, corporate labs, startups, venture capi..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement