Panchabuta-Renewable Energy & Cleantech in India
Techno Electric and Engineering Company
Techno Electric to tap PE funds for Simran Wind expansion
According to reports, Techno Electric & Engineering is in talks to raise funds from private equity players to fuel future expansion plans in its subsidiary Simran Wind Project Pvt Ltd. Currently two deals are being discussed, according to Joy Saxena, executive director, strategy and planning. Techno Electric is an engineering procurement and construction company, focused on … Continue reading
Simran Wind becomes first developer to cross 100MW in India’s Renewable Energy Certificate Scheme
According to reports, Simran Wind Project Private Limited has become the first project developer under the Renewable Energy Certificate scheme to cross the 100 MW mark. The company reached the milestone when it won accreditation for a 10.5 MW wind energy project in Tamil Nadu recently. The total capacity accredited by the company now stands … Continue reading
Standard Chartered, DBS, IFC to Fund Techno Electric Wind Farm
Techno Electric and Engineering Company in May this year had mentioned that they would install 200 megawatt of operating wind assets this June and announced plans to add 100 megawatts a year. Panchabuta had mentioned in February that Kolkata-based Techno Electric and Engineering Company was in talks with IFC, Standard Chartered Bank and DBS Bank for raising 750 crore … Continue reading
Suzlon launches S95 & S97-2.1MW wind turbines for medium and low wind regime sites
Panchabuta had mentioned in December that Suzlon Energy is banking on its new turbines, which can generate power at low wind speeds, to gain an early-mover advantage in the segment. The company, India’s biggest and the world’s third-largest wind turbine maker, will bring out the prototype of its class-III turbine by February 2011, Robin Banerjee, … Continue reading
Techno Electric (TEECL) commissions 15MW-Phase 1 of 125MW Simran Wind Farm under the Renewable Energy Certificate mechanism in Tamil Nadu
Panchabuta had mentioned in February that Kolkata-based Techno Electric and Engineering Company was in talks with IFC, Standard Chartered Bank and DBS Bank for raising 750 crore of debt to part-finance its 200 mw wind power project in Tamil Nadu. The company had plans to invest about 1,150 crore in the wind power project in two phases. … Continue reading
IFC to invest $55mn in Simran Wind project of Kolkata-based Techno Electric and Engineering Company.
Panchabuta had mentioned last month that Kolkata-based Techno Electric and Engineering Company was in talks with IFC, Standard Chartered Bank and DBS Bank for raising 750 crore of debt to part-finance its 200 mw wind power project in Tamil Nadu. The company plans to invest about 1,150 crore in the wind power project in two … Continue reading
Panchabuta-Renewable Energy & Cleantech in India 