PT Barito Wind Energy and ACEN Investments HK Limited have entered into a sale and purchase agreement to acquire the late-stage wind development assets of UPC Renewables Asia Pacific Holdings in Indonesia. The total capacity […]
SJVN Limited has secured 100 MW solar power project through e-reverse auction conducted by Gujarat Urja Vikas Nigam Limited (GUVNL). The company secured the project at Rs 2.63 per unit on build, own and operate […]
Apraava Energy Private Limited has secured a 300 MW wind power project at a tariff of Rs 3.24 per kWh. To be located in Aski, Karnataka, the project has been won as a part of […]
Tata Power Company Limited has signed share purchase agreement and  acquired a 100 per cent equity stake in Bikaner III Neemrana II Transmission Limited, a special purpose vehicle (SPV). The acquisition process was completed for […]
Power Grid Corporation of India Limited (Powergrid) has acquired Neemrana II Bareilly Transmission Limited (NIIBTL), the project special purpose vehicle  to establish transmission system for “Transmission system for evacuation of power from Rajasthan REZ Ph-IV […]
Adani Green Energy Limited (AGEL) has completed 1,050 MW joint venture (JV) with TotalEnergies. As part of the JV, TotalEnergies invested USD300 million in AGEL subsidiary, for acquiring 50 per cent stake in the projects. […]
ACWA Power has signed the framework agreement with a USD4 billion investment as part of the second phase for a major green hydrogen project in Egypt, aiming for a potential capacity of two million tonnes […]
The State Bank of India (SBI) will be signing a USD165 million line of credit (LoC) with the World Bank. This funding aims to support grid-connected rooftop solar photovoltaic projects in residential and institutional sectors. […]
Adani Green Energy Limited (AGEL) has announced that the Board of Directors of AGEL have approved a preferential issuance of warrants to the promoters of AGEL for a quantum of Rs 93.50 billion (equivalent to […]
Inox Wind Limited (IWL) has secured an order for 279 MW from a large commercial and industrial (C&I) player. The order is for IWL’s latest 3 MW wind turbine generators (WTGs), and the scope comprises […]
JSW Renew Energy Limited (JSWREL) has started phase-wise commissioning of the 810 MW interstate transmission system- connected wind power project awarded under Solar Energy Corporation of India Limited (SECI) tranche IX in Tamil Nadu with […]
Power Grid Corporation of India Limited (Powergroid) has acquired two special purpose vehicles (SPVs), namely Vataman Transmission Limited (VTL) and Koppal II Gadag II Transmission Limited (KIIGIITL), from Power Finance Corporation Consulting Limited. The KIIGIITL […]
The African Development Bank (AfDB) has sanctioned a financing package of USD302.9 million to support the 225 kV Mauritania–Mali electricity connection and solar power project, a crucial segment of the Desert-to-Power Initiative. This fund allocation […]
Power Grid Corporation of India Limited (Powergrid) has acquired two project special purpose vehicles (SPVs), namely Ramgarh II Transmission Limited and Beawar Dausa Transmission Limited. This acquisition comes as part of the transmission system projects […]
PFC Consulting Limited (PFCCL) has incorporated a special purpose vehicle company as a wholly owned subsidiary, Khavda PS1and 3 Transmission Limited. The SPV has been incorporated for the development of “Provision of Dynamic Reactive Compensation […]
Hartek Power Private Limited has secured a contract from SPRNG Energy (100 per cent owned by Shell) for the establishment of a 33 kV/400 kV pooling substation. The substation will play a crucial role in […]
The outcomes of the auction conducted by Power Finance Corporation Consulting Limited for the development of 1,250 MW inter-state transmission system-connected solar power projects have been disclosed. The tender, initiated in September 2023, saw NTPC […]
Adani Green Energy Limited (AGEL) has announced the execution of power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) to supply 1,799 MW of solar power. With the signing of this balance […]
The Sabarmati Multi-Modal Transit Hub has installed a 700 kWp rooftop solar power plant under the renewable energy service company (RESCO) mode in Ahmedabad, Gujarat. This initiative has resulted in substantial capital expenditure savings of […]
Oman Electricity Transmission Company (OETC), a member of Nama Group and Oman’s high voltage grid developer, has inaugurated Phase 1 of its North-South Interconnection Project (Rabt) in Oman Convention and Exhibition Centre. This initiative, aimed […]
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