PNC Infratech Limited has beendeclared as the L1 (lowest) bidder for a NHAI Project of 53.95 km longFour-laning of Meerut–Nazibabad section of NH-119 (New NH-34) from design chainageKm 11+500 (Meerut) to 39.250 (Behsuma)

and from km 79.500 (Bijnor) to105.700 (Jalalabad), in the state of Uttar Pradesh under the Bharatmala Pariyojanaon Hybrid Annuity Mode (HAM) for `1,412-crore. Four firms participated inthe bidding and price bids were opened recently,

with PNC’s bid being the lowest(L1). The project is to be constructedin 24 months and operated for 15 years post

construction. This is theeleventh hybrid annuity highway project secured by the company so far.

NEWS ----------SEPTEMBER 2018 Issue
Cygni Energy raises $6.4 Mn to power growth & expansion

Hyderabad-based Cygni Energy Pvt. Ltd., an innovative Solar-DC solutions start-up, has announced that it has raised funds of $6.4-mn through a combination of equity and debt. The equity funding is led by Endiya Partners, a leading early stage venture capital firm that invests in product start-ups, and the debt by IndusInd B   READ MORE...
Cosmos Solutions receives US$950-mn for new eco-friendly energy product
Cosmos Solutions Pvt. Ltd.’s patented new technology to generate more power from engines using micro controllers received a major green signal with a private equity of US$950-million from Linetrust Offshore Ltd. The Head of private equity of Linetrust ASEAN, Dr. Sailesh Lachu Hiranandani, who has spared no effort in promoting the development of renewable energy, assured Cosmos   READ MORE...
Black & Veatch bags IEDCL’s 41MW hybrid project
Black & Veatch has been selected to provide engineering expertise to IL&FS Energy Development Company Limited’s (IEDCL) 41 megawatt (MW) solar photovoltaic (PV), wind, and battery storage hybrid project in India. Core components of the project are 25 MW solar PV and 16 MW wind power generation systems, coupled to an optimised energy storage system.

Technical services for the