HMPL Enters Renewable Energy with 1.2 GW Solar Project in Maharashtra

By By Rediff Money Desk, New Delhi
Jan 28, 2025 18:42
Hazoor Multi Projects Ltd (HMPL) has announced its entry into the renewable energy sector with a 1.2 GW solar park in Maharashtra, aiming to generate clean energy and reduce carbon emissions.
New Delhi, Jan 28 (PTI) Infrastructure player Hazoor Multi Projects Ltd (HMPL) has announced its foray into the domestic renewable energy sector with the development of 1.2 gigawatt (GW) of clean energy projects in Maharashtra.

The 1.2 GW capacity solar park will come over 4,200 acres in Solapur district of the state, HMPL said in a statement on Monday.

Once operational, the project is expected to generate approximately 2.10 TWh (terawatt-hours) of green power annually offsetting 0.945 million tonnes of carbon emissions.

The Chhatrapati Shivaji Maharaj Saur Urja Park (CSMSUP) park will incorporate both fixed and tracking solar panels, with advanced systems designed to follow the sun's movement throughout the day to maximize energy generation, the company said.

"The development of CSMS Urja Park highlights our commitment to transforming India into a global leader in renewable energy. We are eager to expand our renewable power generation capacity and open more facilities across the country in the coming years," the company's Director Robert Moses said.

HMPL is into building road projects on an engineering, procurement and construction (EPC) basis.
Source: PTI
Read More On:
renewable energysolar energymaharashtrasolar projecthmpl
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

SBI Yono 2.0 Launched; Hiring 10,000 Staff

SBI launches Yono 2.0 & plans to hire 10,000 staff to help customers migrate to digital...

Ravi Ranjan Appointed SBI MD

Ravi Ranjan appointed Managing Director of State Bank of India (SBI). He succeeds Vinay...

KSH International IPO: Rs 213 Cr from Anchor...

KSH International raises Rs 213 cr from anchor investors ahead of its IPO. IPO opens...

NCDEX Gets Sebi Nod for Mutual Fund Platform

NCDEX receives Sebi approval for mutual fund platform, paving the way for equity...

WhatsApp Data Sharing: NCLAT Clarifies User...

NCLAT mandates user consent for WhatsApp data collection, including advertising. Learn...

Pajson Agro IPO Subscribed 6.59 Times on Day 3

Pajson Agro India''s Rs 74.4-cr SME IPO subscribed 6.59 times on final day. IPO...

Battery Storage Cost Falls: Rs 2.1/Unit, Power Min

Battery energy storage (BESS) cost drops to Rs 2.1/unit from Rs 10.18 in 2022-23....

India Rice Exports to US: No Dumping, Says...

Commerce Secretary clarifies India exports expensive basmati rice to the US, refuting...

360 One Raises Rs 2,300 Cr Realty Fund

360 One Asset raises Rs 2,300 crore real estate fund, deploying majority in projects....

HRS Aluglaze IPO Subscribed 44.90 Times

HRS Aluglaze SME IPO oversubscribed 44.90 times on final day. Details on subscription,...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com