CapEx News
Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers
Gujarat Toolroom to construct Rs 572.5 crore hybrid green energy plant
Power Generation - May 17,2024 -Gujarat Toolroom (GTL) has revealed plans for a hybrid-green energy power plant project, involving an investment of total project cost of Rs 572.5 crore.
This comprehensive investment encompasses various critical components, including Rs 6.5 crores for land acquisition, Rs 150 crore for solar panels, Rs 225 crore for cutting-edge wind turbines.
Also, Rs 45 crore will be spent on robust cables and wiring infrastructure, Rs six crore for transformers, and Rs 140 crore allocated for other essential infrastructures and skilled manpower costs.
Based on planning and strategic allocation of resources, the power plant is poised to reach break even within four years, highlighting its financial viability and return on investment (RoI) potential.
The project's innovative design and efficient operational framework will deliver sustainable energy solutions.
Spanning 60 acres, the solar panels will boast a capacity to produce one MW per hour each, while 15 meticulously positioned on-shore wind turbines will generate an additional 2.5 MW per unit.
Recent News
◉ MEIL secures Rs 13,000 crore nuclear reactor contract - Apr 25,2025◉ EV firm PURE unveils 5MWh grid storage solution - Apr 25,2025
◉ Uppercase to establish its luggage manufacturing plant in Nashik - Apr 25,2025
◉ Titagarh-BHEL collaborate on Rs 24,000 crore project - Apr 25,2025
◉ RITES secures Rs 28 crore Rail Infra contract from Mahanadi Coalfields - Apr 25,2025
◉ HG Infra Engineering qualifies for major battery storage project by GUVNL - Apr 25,2025
◉ Servotech wins 4.1 MW Rooftop solar project from Waltair Division, East Coast Railway - Apr 25,2025