India's meet with Europian Union: Significant step towards reinforcing India-EU ties in promoting policies for women empowerment (See 'Corp Brief') Misc - While MSME Act & Procurement Order 2012 do not create 'enforceable right' for individual MSE, statutory authorities & administrative bodies created thereunder are impressed with enforceable duties: SC (See 'Legal Desk') National Science Day to empower Indian Youth for Global Leadership in Science & Innovation for Viksit Bharat (See 'Corp Brief') IPR - Triple Identity Test for trademark infringement stands satisfied, if device logo, goods and consumers/trade channels are also identical: HC (See 'Legal Desk') Day time power supply to farmers; Reduction in cost of power as well as subsidy burden of State (See 'Corp Brief') IBC - Moratorium imposed u/s 14 of Insolvency and Bankruptcy Code does not exempt promoter from complying with mandatory pre-deposit requirement u/s 43(5) of RERA: HC (See 'Legal Desk') J&Kr, Kerala and Assam to join Mineral Auction Regime soon: Minister (See 'Corp Brief') Misc - Tie breaker rule can be applied even if seats are unfilled, and such unfilled seat cannot be ground for making midstream admissions: HC (See 'Legal Desk') 8 lakh devotees benefit with Ayush at Maha Kumbh (See 'Corp Brief') SARFAESI - Question of fraud/ collusion/ relief claimed in suit of declaration for loan facility and mortgage, is not within jurisdiction of DRT, and such declaration is only permissible under Specific Relief Act: HC (See 'Legal Desk') QCI brings Gunvatta Sankalp to Nagaland (See 'Corp Brief') RM releases first edition of MoD's bi-annual Hindi magazine 'Sashakt Bharat' (See 'Corp Brief') Misc - Excess interest paid to bank during closing of loan account, on basis of new Base Rate system, merits to be refunded: HC (See 'Legal Desk') DPIIT, Paytm join hands to drive innovation and scale India's manufacturing (See 'Corp Brief') IBC - Rejection of belated and contingent claims by resolution professional, cannot be fauilted: NCLAT (See 'Legal Desk') Animal Welfare Board to honour Champions of Animal Protection (See 'Corp Brief') FEMA - Avoiding responsibility for contraventions of Sec 7 of FEMA by not making shipment within one year from date of receipt of advance remittances, calls for levy of penalty on exporter: SAFEMA (See 'Legal Desk') EPFO - IT Infrastructure & Service Delivery improvements emphasised (See 'Corp Brief') IBC - Non-compliance of AA's directions and contraventions of IBC provisions, calls for suspension of registration of IRP: IBBI (See 'Legal Desk') MCA organises PM Internship Scheme Mela At Kolkata (See 'Corp Brief') SMEs have transformative role in driving Viksit Bharat: Goyal (See 'Corp Brief') Misc - Second appeal u/s 100 of CPC is maintainable solely on basis of substantial question of law and not on factual issues: HC (See 'Legal Desk') 'Brand Shakti' pushing sales and production of Khadi: KVIC Chairman (See 'Corp Brief') Women entrepreneurs comprise 8% of registered sellers on GeM (See 'Corp Brief') IBC - Claims filed subsequent to cut off date shall be dealt with as per Resolution Plan approved by Adjudicating Authority: NCLAT (See 'Legal Desk') RM exhorts marine forces to remain alert of unconventional threats (See 'Corp Brief') TRIFED signs MoU with Rooftop for skill enhancements of tribal artisans (See 'Corp Brief') SEBI - Noticee did not constitute repeated grave violations, and had taken corrective actions, which fact has been acknowledged by DC: SEBI (See 'Legal Desk') IREDA shareholders okay up to Rs 5,000 Cr fundraising via QIP (See 'Corp Brief') A&C - Applicability of Arbitration Act shall not be ousted for want of jurisdiction and Award passed as per Arbitration Act shall not be set aside merely on ground of incorrect forum chosen: HC (See 'Legal Desk') SECI signs MoU with MP for 200 MW Solar Project at Dhar (See 'Corp Brief') Increase in limit of Kisan Cards from 3 lakh to 5 lakh marks significant leap: MoS (See 'Corp Brief') A&C - There is no prohibition for Court to entertain more than one application u/s 29A seeking extension of time for arbitrator to pronounce arbitral award provided sufficient cause is demonstrated: HC (See 'Legal Desk') Ministry of Ayush felicitates Ayurveda Stalwarts with Dhanwantari Ayurveda Awards (See 'Corp Brief') Manohar Lal inaugurates Prakriti 2025 (See 'Corp Brief') IBC - Sec 95 application can be filed by creditor in his individual capacity or jointly with other creditors or through RP: NCLAT (See 'Legal Desk') ILO Director General to attend ESIC event as the keynote speaker (See 'Corp Brief') A&C - Once 'seat' of arbitration is designated in agreement, it is to be treated as exclusive jurisdiction for all arbitration proceedings: HC (See 'Legal Desk') NSO releases 'Compendium of Datasets and Registries in India, 2024' (See 'Corp Brief') A&C - If no application for reference to arbitration u/s 8 of Arbitration Act is made by either party, then civil court may very well entertain suit and proceed with adjudication of same on merits: HC (See 'Legal Desk') New Silo & Rapid Loading System at Dipka Megaproject becomes operational (See 'Corp Brief') IBC - CIRP cannot be initiated simply because there is debt and default of corporate debtor, if actual intent was only recovery: NCLT (See 'Legal Desk') 17 lakh new workers enrolled under ESI Scheme in December, 2024 (See 'Corp Brief') IBC - High Court shouldn't have prohibited insolvency proceedings initiated against personal guarantor, by holding that guarantor's liability has been waived: SC (See 'Legal Desk') Bilateral held with ILO & OECD for feasibility study on Classification of Occupations (See 'Corp Brief') PMLA - Prolonged incarceration under draconian statutes, particularly when trial is unlikely to conclude within reasonable timeframe, could violate Article 21, which guarantees right to speedy trial: SC (See 'Legal Desk') TRAI recommendations on 'Framework for Broadcasting Services' (See 'Corp Brief') A&C - Allegations of fraud/ corruption must be substantiated with prima facie evidence; mere erroneous decision/ exceeding of scope of dispute by Arbitrator doesn't warrant unconditional stay of arbitral award: HC (See 'Legal Desk') Goyal undertakes aerial survey of upcoming Dighi Port Industrial Area (See 'Corp Brief') A&C - Courts in Ranchi shall have jurisdiction to entertain arbitration proceedings since both parties has intention that proceeding will be conducted at Ranchi: HC (See 'Legal Desk') India-Japan partnership rooted in brotherhood: Goyal (See 'Corp Brief') A&C - Arbitration award being primarily based on consent cannot be held to be patently illegal or in conflict with public policy of India: HC (See 'Legal Desk')

Print

SECI signs MoU with MP for 200 MW Solar Project at Dhar

Published: Feb 25, 2025

By TIOLCorplaws News Service

NEW DELHI, FEB 25, 2025: SOLAR Energy Corporation of India Limited (SECI), a Navratna CPSU under the Ministry of New & Renewable Energy, has signed a Memorandum of Understanding (MoU) with the Government of Madhya Pradesh for setting up 200 MW Solar Project in Dhar under the CPSU Scheme and a 1000 MWh Battery Storage Project in the state. The MoU was signed at the two-day Global Investors Summit 2025 ongoing at Bhopal from 24th to 25th February 2025.

The Global Investors Summit 2025, organised by the Government of Madhya Pradesh was inaugurated by Hon'ble Prime Minister of India in the presence of  Hon'ble Governor of Madhya Pradesh Mangubhai Chhaganbhai Patel  and Hon'ble Chief Minister of Madhya Pradesh Mohan Yadav.

The MoU was signed by Sivakumar V Vepakomma, Director (Power Systems) SECI and Manu Srivastava, IAS, Additional Chief Secretary (NRE) in the presence of Hon'ble Minister of New & Renewable Energy of Madhya Pradesh Rakesh Shukla and R P Gupta, IAS (Retd) Chairman and Managing Director, SECI.

The 200 MW Solar Project is part of a 500 MW Agreement which was executed in 2023 with MP Power Management Company Limited (MPPMCL) for a period of 25 years under which SECI will supply the electricity to the state. SECI has proposed a phase-wise capital expenditure of Rs 2500 Cr for expansion and development of Renewable Energy in the state of Madhya Pradesh.

The summit was attended by various stakeholders of the Government of India and representatives of various countries and states.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
taxindiaonline
A Taxongo Website. Copyright © 2016-2022 tiolcorplaws.com All rights reserved.