ACME Solar Holdings Limited has announced plans to invest Rs 170 billion in capital expenditure in 2026 to expand its renewable energy portfolio to 5,000 MW by 2027, with a focus on hybrid and firm […]
Adani Green Energy Limited (AGEL) has refinanced its maiden construction facility of USD1.06 billion which was secured in 2021 to develop India’s largest solar-wind hybrid renewable cluster in Rajasthan. The long-term financing, structured with a […]
Larsen & Toubro’s (L&T) power transmission and distribution vertical has secured multiple orders for transmission lines and substations in India, Saudi Arabia, and Abu Dhabi. In India, L&T has received an order for implementing 765kV […]
The Vietnam National Petroleum Group (Petrolimex) and the Asian Development Bank (ADB) have signed a memorandum of understanding (MoU) to advance energy transition efforts. Under the agreement, ADB will support Petrolimex in assessing its investment […]
Power Finance Corporation Limited (PFC) has signed a memorandum of understanding (MoU) with the Madhya Pradesh government to provide Rs 268 billion in financial assistance to the state’s power utilities. The funding will support capital […]
REC Limited has signed a memorandum of understanding (MoU) with the Madhya Pradesh government to provide Rs 210 billion in financial support over the next five years for power sector infrastructure development. The MoU was […]
NLC India Limited has received a letter of award (LoA) from SJVN Limited for a 200 MW wind power project at a tariff of Rs 3.74 per kWh. The project was awarded through an e-reverse […]
Transrail Lighting Limited has secured new orders worth Rs 27.52 billion, primarily in the transmission and distribution (T&D) sector. The orders will strengthen Transrail Lighting’s position in the industry, backed by its integrated manufacturing capabilities […]
Sunsure Energy Limited has secured Rs 1.29 billion in long-term debt financing from Tata Capital and Aditya Birla Finance (ABFL) to fund the construction of its 49 MW open-access solar plant in Augasi, Uttar Pradesh. […]
TP Solar Limited, a subsidiary of Tata Power Renewable Energy Limited (TPREL), has secured a contract from the Solar Energy Corporation of India Limited (SECI) to supply 292.5 MWp domestic content requirement solar modules. The […]
JSW Energy Limited has won a 125 MW/500 MWh standalone battery energy storage system (BESS) auction conducted by the Solar Energy Corporation of India Limited in Kerala. The project will be linked to the Mylatti […]
National Electric Power Company (NEPCO), Jordan’s state-owned transmission system operator, has secured a financing package worth EUR67.1 million from the European bank for reconstruction and development (EBRD) and the European Union (EU), to upgrade the […]
Evaluating the sector’s performance, recently the Ministry of Power (MoP) released three important reports – the 13th Integrated Rating and Ranking report, providing a comprehensive evaluation of the operational and financial performance of 63 discoms […]
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