Amidst the chaos seen in the power sector, with 22,000 MW thermal power projects lying idle for the need of coal or gas and lenders taking power generating assets to National Company Law Tribunal (NCLT) to recover dues, the transmission sector- with longer life cycle and lower risks- has exhibited the only ray of hope for investors and developers alike.
Tag: Essel Infraprojects
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Essel plans Rs 17.5 billion project for EV charging infrastructure in UP
In order to implement the initiative of setting up electric vehicle charging and battery swapping infrastructure under Essel Green Mobility, Essel Infraprojects (EIL) is planning to invest Rs 17.5 billion in a phased manner. In 20 cities, EIL will set up 250 charging stations and 1,000 battery swapping stations.
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Essel Infraprojects bags three waste-to-energy projects
Essel Infraprojects (EIL) has bagged three waste-to-energy (WTE) projects in the cities of Kadapa, Anantpur and T.P Gudem of Andhra Pradesh.
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Private highway developers’ plea for relief
Citing the continuing economic slowdown that has impacted their projects, private highway developers are urging the Union government for maximum relief. Road builders like IRB, L&T, Reliance Infra, Ashoka Buildcon and Essel Infraprojects have started 16 premium projects and they want the government to allow rescheduling of annual premium payment.
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Essel Infra ties-up with US firm for airports work
Expressing interest in the upcoming Navi Mumbai and Goa airports Subhash Chandra-led Essel Infraprojects has tied up with ADC&HAS Airports Worldwide, the US-based company that runs airports in Ecuador, Costa Rica and Korea.