Ultramarine & Pigments acquires 32.12 acres from SIPCOT at Manapparai for future expansion

Ultramarine & Pigments Ltd has acquired industrial plots admeasuring 32.12 Acres from State lndustries Promotion Corporation of Tamil Nadu Limited (SIPCOT) for its future expansion and new projects at SIPCOT lndustrial Park, Manapparai, Tiruchirappalli, Tamil Nadu. The Company has made necessary payments to SIPCOT. A Lease deed to this effect has been entered between STPCOT and the Company for 99 years on 12.12.2024.

BPCL emerges L1 for 150 MW ISTS-connected solar PV power project

BPCL participated in NTPC's tender for the selection of Solar Power Generators to establish 1200 MW ISTS-connected solar PV power projects across India. During the Reverse Auction, BPCL emerged as the lowest bidder for a capacity of 150 MW. Upon finalization of the contract, the project will be developed over a two-years timeline at an estimated capital outlay of Rs 756.45 crore and is projected to generate annual revenue of approximately Rs 100 crore by producing around 400 million units of clean energy. This milestone highlights BPCLs commitment to advancing renewable energy initiatives and contributing to India's clean energy transition.