SJVN secures funding for 900MW Arun 3 hydro
SJVN, a joint venture between the government of India and the government of the northern state of Himachal Pradesh, has signed a memorandum of understanding with the Nepal government to develop the 900MW Arun 3 hydro power project.
Statkraft to look for hydropower
Norwegian government-owned power company Statkraft is reported to be looking for opportunities to either build new projects in northern India or make acquisitions.
SECI to auction 750MW of solar
The Solar Energy Corporation of India (SECI) is reported to have issued a request for selection (RFS) from developers to build 750MW (Tranche-II) in Rajasthan.
Govt to launch transmission auction
The Indian government is reported by Reuters to be launching a A$5bn project to provide more transmission lines. The project will begin in phases in June.
NIIF and Roadis JV to invest in roads
India’s National Investment & Infrastructure Fund and Spain’s Roadis have announced plans to set up a US$2bn equity platform to invest in roads.
