PSUs

IRCON, NIIFL and AYANA sign an MoU for the solar energy sector

By IndianMandarins- 02 Jun 2020
513

ircon-niifl-and-ayana-sign-an-mou-for-the-solar-energy-sector

PSE Mini Ratna Ircon International Ltd (IRCON) has signed an MoU with NIIFL and Ayana Renewable Power Private Ltd (AYANA) to explore and collaborate on opportunities in the solar energy sector.

 

According to the MoU, NIIFL and IRCON will evaluate strategic partnerships across infrastructure projects and have agreed in-principle to identify, bid and execute solar energy projects through joint ventures/consortium arrangements. The partnership will further consider suitable opportunities for solar energy production for Indian Railways as they intend to increase the share of renewables in their overall energy mix. This collaboration will enable the execution of renewable energy projects at scale by utilizing the complementary strengths of all partners.

free stat counter

Indianmandarins.com, an initiative of New Media Network, is a multi-media initiative for the fast and real-time dissemination of news and information related to civil services, central PSUs and other institutions that play a critical role in governance, administration, corporate governance, and public life in India. We aspire to provide our esteemed readers with news breaks and situation analysis in the above-mentioned domain of operations. Currently, we are available at www.indianmandarins.com. We are now planning to branch off into print publication and few other related business initiatives.