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Home2026August

Month: August 2026

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Private Sector

Avaada Group secures USD 1.3 billion financing for 2.15 GW renewable portfolio

August 3, 2026

Avaada Group has achieved financial closure of approximately USD 1.3 billion for its 2,150 MW renewable energy portfolio. The financing has been secured from State Bank of India, REC Limited and Canara Bank across four […]

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Private Sector

Brookfield launches renewable energy platform Lumara

August 3, 2026

Brookfield has launched Lumara, a new renewable energy platform focused on accelerating the development and construction of renewable energy projects. The platform aims to address key market bottlenecks, including delays in power purchase agreement contracting, […]

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Private Sector

Tata Power begins construction of 800 MW renewable energy project in Andhra Pradesh

August 3, 2026

Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has conducted the groundbreaking ceremony for its 800 MW renewable energy project in Andhra Pradesh. The project comprises 400 MW of wind capacity at […]

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Projects & Ventures

Vikran Engineering secures Rs 1.21 billion POWERGRID substation order

August 3, 2026

Vikran Engineering Limited has secured a Rs 1.21 billion order from Power Grid Corporation of India Limited (POWERGRID) for the 400 kV GIS Substation Package SS-147 through domestic competitive bidding. The order covers the design, […]

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Central Sector

SJVN reports Rs 2.25 billion net profit in the first quarter of 2026-27

August 3, 2026

SJVN Limited has reported a net profit of Rs 2.25 billion for the quarter ending June 2026, registering a decrease of about 1 per cent from Rs 2.28 billion recorded in the same quarter last […]

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International News

DEWA invests over AED10 billion in transmission grid expansion in UAE

August 3, 2026

Dubai Electricity and Water Authority (DEWA), the UAE’s state-owned electricity and water utility, has invested more than AED10 billion in electricity transmission network projects as it continues to expand Dubai’s transmission infrastructure to meet rising […]

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International News

Ghana’s GRIDCo accelerates 161 kV Anwomaso Kumasi line upgrade

August 3, 2026

Ghana Grid Company Limited (GRIDCo), Ghana’s national transmission utility, is accelerating the upgrade of the 161 kV Anwomaso–Kumasi (K1-K2) transmission line, a project that will increase electricity transfer capacity to Kumasi from 364 MW to […]

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