Page 43 - Construction_Opportunities_April_2024

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RAPID RAIL PLAN FOR NOIDA AIRPORT FINALISED Andhra Pradesh.
The NCR Transport Corporation has released its definitive report Gruner Renewable Energy's initiative underscores the company's
outlining the 72.3km RRTS-cum-metro corridor, linking the commitment to innovation and growth within the renewable
Ghaziabad rapid rail station to the Noida International Airport energy sector while contributing to India's sustainable INFRASTRUCTURE
(NIA). This ambitious project, slated to be operational by April development goals. To ensure smooth operations, the company
2030, aims to enhance connectivity and facilitate efficient will employ around 900 new professionals and skilled labor,
transportation within the National Capital Region (NCR). bringing its workforce to 2,500 employees by the next quarter.
These employees will be stationed at various locations, including
GREW ENERGY WINS 200 MW IN SECI SOLAR PV the corporate office in Noida, NCR.
MODULE AUCTION Utkarsh Gupta, CEO of Gruner Renewable Energy, said the
Grew Energy has achieved a significant milestone by securing company's projects aim to reduce India's expenditure on crude
the largest share of the Solar Energy Corporation of India (SECI) oil imports by `8 billion while benefiting farmers and generating
400 megawatt (MW) tender for solar photovoltaic (PV) modules. employment in the energy industry. He added that Gruner seeks
The tender, released in December 2023, encompasses testing, to play a significant role in India's goal to become a net-zero
packaging, forwarding, supplying, and transporting solar PV economy by 2070 through renewable energy.
modules as specified by SECI guidelines. Since beginning operations in February 2023, Gruner Renewable
The company will be responsible for delivering 200 MW of solar Energy has overseen a portfolio of 30 ongoing projects
PV modules, the largest portion of the tender. The product and nationwide. The company aims to expand its project count to
its spare parts will be delivered over a nine-month period, with 100 and reach a new order value of `5,000 crore by the end of
locations varying across the nation. The tender requires uniform the current financial year.
size and crystalline technology for all solar PV modules.
Grew Energy CEO Vinay Thadani expressed confidence in the RAIL VIKAS NIGAM LTD WINS LOWEST BID FOR
company's capacity to fulfill the mandate. He highlighted SOUTHERN RAILWAY PROJECT
that Grew Energy is among a select group of manufacturers Rail Vikas Nigam Limited (RVNL) has been selected as the Lowest
capable of supplying domestically made solar PV modules using Bidder (L1) by Southern Railway for the Provision of Automatic
domestically manufactured solar cells. Block Signaling system in Jolarpettai Junction to Erode Junction
The tender's bid price has been set at `22.66 per Watt peak of Salem Division in Southern Railway. The order is valued at over
(WP), which applies to all three bidders, thereby establishing Rs. 239 crore This project involves the installation of an automatic
a standardized rate for the supply of solar PV modules. This block signaling system across the Jolarpettai Junction to Erode
standardized rate sets a benchmark for future solar tenders Junction segment in the Salem Division. The system aims to
and emphasizes the preference for locally produced solar enhance the efficiency and safety of railway operations along
technology. this key route in Southern Railway. By automating the signaling
Grew Energy COO Hardip Singh stated, "We are confident that process, the project is expected to reduce delays, improve
we will not only be able to meet the manufacturing requirements train frequency, and increase overall operational reliability. The
but also achieve the delivery deadlines successfully. Our aim is implementation of this technology represents a significant step
to soar high in India’s renewable energy sector and be direct forward in the modernization of railway infrastructure in the region.
contributors in making India self-sufficient and become world
leaders in providing sustainable solutions to mankind." RAIL VIKAS NIGAM LTD'S JV WINS BID FOR
With this tender, Grew Energy is poised to play a significant role REDEVELOPMENT OF THIRUVANANTHAPURAM CENTRAL
in India's renewable energy sector, contributing to the country's RAILWAY STATION
sustainability goals and reinforcing India's position as a leader The Kerala Rail Development Corporation Limited (KRDCL)
in the global solar industry. and Rail Vikas Nigam Limited (RVNL) Joint Venture (JV) has
emerged as the Lowest Bidder (L1) from Southern Railway for the
GRUNER RENEWABLE ENERGY SECURES `1,500 CRORE redevelopment of Thiruvananthapuram Central Railway Station,
CONTRACTS FOR CBG PLANTS on an Engineering, Procurement, and Construction (EPC) mode.
Gruner Renewable Energy has secured multiple projects worth The total project cost is over `438 crore including GST.
`1,500 crore for Compressed Biogas (CBG) plants across India The share distribution within the JV is as follows:
in its first year of incorporation. The company announced that • M/s KRDCL holds a 51% share, serving as the lead member
it has signed 11 projects valued at `1,100 crore from one of of the JV.
India’s leading business conglomerates, alongside 19 additional • M/s RVNL holds the remaining 49% as the other member.
projects worth `400 crore from various individual business leaders. This project aims to modernize and enhance the infrastructure
These CBG plants will have a combined annual production of the Thiruvananthapuram Central Railway Station, one of the
capacity of over 88,000 tonnes of compressed biogas, which key transportation hubs in the region, to improve passenger
will be distributed across the Indian market. The projects are services and station facilities. The redevelopment is part of the
located in several key cities, including Ayodhya in Uttar Pradesh, Indian Railways' broader initiative to upgrade stations across the
Satna in Madhya Pradesh, Balasore in Orissa, Navsari in Gujarat, country, promoting better connectivity and a more pleasant
Yavatmal in Maharashtra, Vijayawada, and Rajahmundry in travel experience.

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