Money Buzz! Europa

Tag: india

  • MOSS, Italian printing and decoration machine manufacturer, to invest in India

    MOSS, Italian printing and decoration machine manufacturer, to invest in India

    In India, MOSS will start its first unit abroad, basing the development projection on a technology transfer agreement with an Indian partner that will allow to produce machines directly in India.

    MOSS has already been commercially present in India for several years, Milano Finanza reports. 

    Even more, a project of expansion toward the USA is going to be launched. The project will see the leading company with a new subsidiary recently established on the US market.

    MOSS machines can decorate bottles of wine and liqueur, caps for water and soft drinks, buckets, egg holders, bottles, flexible and rigid tubes, syringes, roll-on sticks, jars and much more with silk-screen printing, dry offset and heat transfer capsule in plastic and aluminum.

  • Enel Green Power awarded the contract for its first solar plant in India

    Enel Green Power awarded the contract for its first solar plant in India

    Enel Green Power has been awarded the right to sign a 25-year energy supply contract for a 420 MWsolar project in India.

    Located in the State of Rajasthan, the project will be its first solar plant in the country.

    The project was awarded under the 2 GW Ninth Tranche of the national solar tender issued by the government company Solar Energy Corporation of India Limited.

    Construction works over 180 million US dollars

    The construction of the solar plant, which is expected to start operations at the end of 2021, will involve an investment of approximately 180 million US dollars.

    Under the energy supply contract to be assigned to EGP pursuant to today’s tender, the solar project delivers specified volumes of energy over a 25-year period to SECI.

    The facility will be able to generate more than 750 GWh of renewable energy per year, enough to avoid the annual emission of around 681.600 tons of CO2 into the atmosphere.

    Enel Green Power, through EGP India, one of India’s leading renewable energy companies, owns and operates 172 MW of wind capacity producing around 340 GWh per year in Gujarat and Maharashtra.