Power Grid Corporation of India Limited’s (Powergrid) committee of directors have approved the issuance of bonds, its 79th bond series (2024-25) to raise upto Rs 50 billion through private placement. The base issue size is […]
The Ministry of Coal has released the report of the high-powered expert committee (HPEC) on gainful utilisation of overburden (OB) in the coal sector. The HPEC, which included experts from several ministries, NITI Aayog, and […]
Gensol Engineering Limited has incorporated three subsidiaries- Innogrid Energy Private Limited, Hari Shakti Energy and Shakti Sangini Energy Private Limited. Gensol has subscribed to 10,000 equity shares, representing 100 per cent of the total share […]
Reportedly, ACME Platinum Urja Private Limited, special purpose vehicle of ACME Solar Holdings, has signed a power purchase agreement (PPA) with the Solar Energy Corporation of India Limited (SECI) for supplying power from its 150 […]
The Gansu Provincial Energy Bureau has approved the 750 kV Wuwei North (Oasis) transmission and transformation project, which is a crucial part of the ‘Gong Electricity into Zhejiang’ initiative. The project is being developed by […]
JSW Neo Energy Limited (JSWNEL), a wholly owned subsidiary of JSW Energy Limited, has acquired three special purpose vehicles (SPVs) – Hetero Wind Power Limited, Hetero Wind Power (Pennar) Private Limited, and Hetero Med Solutions […]
Rays Power Infra Limited has secured projects worth Rs 9.40 billion, including a total of 362 MW in Rajasthan. Additionally, the company has won a 600 kW/3000 kWh flow battery project from NTPC Limited.
Refex Green Power Limited (RGPL), a wholly-owned subsidiary of Refex Group, has signed a power purchase agreement (PPA) with NTPC Limited to set up a 100 MW solar power project for Rs 4.80 billion. The […]
Oriana Power Limited has secured an order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to develop a 75 MW solar power plant in Maharashtra. The project is part of MSEDCL’s plan to implement feeder-level […]
The Ministry of New and Renewable Energy (MNRE) has issued an expression of interest (EoI) for vendors under the PM-Surya Ghar: Muft Bijli Yojana. The MNRE aims to expand the network of registered vendors to […]
Gensol Engineering Limited and Matrix Gas & Renewables have signed an agreement to develop India’s first  green steel production facility. This facility will use 100 per cent green hydrogen. It is one of three pilot […]
The Asian Development Bank (ADB) has approved an additional USD15 million grant to help Tajikistan enhance its ongoing project to reconnect its power grid with the Central Asian Power System (CAPS), interconnections with Uzbekistan. The […]
JSW Renew Energy Six Limited and JSW Renew Energy Thirty Limited, stepdown subsidiaries of JSW Energy Limited, have signed two power purchase agreements (PPAs) with Maharashtra State Electricity Distribution Company Limited (MSEDCL) for state transmission […]
Azure Power Global Limited completed a Rs 24 billion refinancing deal, which was arranged as a term loan by REC Limited. With this refinancing, the company has paid off its green bonds, which were originally […]
Sembcorp Green Infrastructure Private Limited (Sembcorp), a wholly owned subsidiary of Sembcorp Industries, has secured a 150 MW wind-solar hybrid project from the Solar Energy Corporation of India Limited (SECI). This project is part of […]
Reportedly, Integrum Energy Infrastructure has filed a draft red herring papers (DRHP) for an initial public offering (IPO). The IPO will comprise a fresh issue of up to 4.95 million equity shares and an offer […]
A critical power substation linked to the Inga I and II hydropower plants (HPPs) in the Democratic Republic of the Congo (DRC) has undergone modernisation and digitisation, enabling the country to fully harness the potential […]
Tata Power Limited has received a letter of intent (LoI) from REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of REC Limited, to acquire special purpose vehicle (SPV), ERES-XXXIX Power Transmission Limited (ERES-XXXIX). The […]
These funds will be utilised for its commercial and industrial solar projects in Karnataka and Maharashtra. The refinancing was secured from NIIF Infrastructure Finance Limited (NIIF IFL). NIIF IFL is an infrastructure debt fund dedicated […]
KPI Green Energy Limited has signed two power purchase agreements (PPAs) with Gujarat Urja Vikas Nigam Limited (GUVNL) for a total of 620 MW renewable energy projects. The first PPA is for a 250 MW […]
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