Pennar Industries bags NTPC Renewable Energy order

A press release from the city-based firm said it has emerged as the lowest bidder in a competitive bidding against the tender invited by NTPC REL and the scope of the project include design, engineering, supply, construction, erection, testing and commissioning along with a 3-year operation and maintenance contract. The completion time of the project is 12.5 months.

Hyderabad:Pennar Industries Limitedon Thursday said it has won an order fromNTPCRenewableEnergy Limited (NTPC REL) for its proposed500MW AC/ 625 MW DC Solar PV project atBhadla, Rajasthan.

A press release from the city-based firm said it has emerged as the lowest bidder in a competitive bidding against the tender invited by NTPC REL and the scope of the project include design, engineering, supply, construction, erection, testing and commissioning along with a 3-year operation and maintenance contract. The completion time of the project is 12.5 months.

Pennar Industries Limited vice president (Corporate Strategy) Sunil Kuram said, “we are excited about this win and it demonstrates our commitment to maximise our contribution in India’s renewable journey. It is our vision to be an ecosystem player and is our strategy to grow as an integrated company with dominant presence in solar EPC, manufacturing and adoption of world class technologies. It’s is our privilege to work with NTPC fulfilling our country’s grand vision about solar energy.”

Pennar group, with presence across multiple locations is a leading value-added engineering products and solutions company. PTI GDK KH KH

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Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.