The Asian Development Bank (ADB) has launched plans to support USD 70 billion in new energy and digital infrastructure projects across Asia and the Pacific by 2035. The initiatives aim to connect power grids, expand […]
Azerenerji Joint Stock Company, Azerbaijan’s vertically integrated energy company, is set to commence construction of a major high voltage transmission line as part of the Azerbaijan Scaling-Up Renewable Energy Project (AZURE) initiative. The project involves […]
The Ministry of Power has tightened local content requirements for high voltage direct current (HVDC) transmission systems under the public procurement preference to Make in India framework. The revised order introduces a phased minimum local […]
Uttar Pradesh Power Corporation Limited has awarded its 375 MW/1,500 MWh battery energy storage system (BESS) tender to KCC Buildcon Private Limited, Agastya Energy Industries Private Limited and MKC Infrastructure Limited. The 15-year tender was […]
Coal India Limited has received a letter of award (LoA) from GRIDCO Limited for setting up a 320 MWh battery energy storage system (BESS) project in Odisha. The project will have a capacity of 80 […]
Dalmia Cement (Bharat) Limited, a wholly owned subsidiary of Dalmia Bharat Limited, has entered into a share subscription and shareholders’ agreement along with a power consumption agreement to acquire a stake in Oyster Green Hybrid […]
Purvah Green, a subsidiary of Calcutta Electric Supply Corporation (CESC), has signed a power purchase agreement (PPA) with the Solar Energy Corporation of India Limited (SECI) for a 250 MW wind project. The capacity was […]
TotalEnergies and Nextnorth have secured financing for a 440 MWp solar photovoltaic project in the Philippines. The project will be developed in Ilagan, Isabela province, with a total investment of around USD 300 million. TotalEnergies […]
Sungrow is set to expand its integrated energy solutions for data centres, mining operations and electric vehicle charging projects. For data centres, the company plans to launch solid-state transformer solutions to reduce space requirements […]
The Ministry of Mines has approved 58 companies as eligible participants under the incentive scheme for promotion of critical mineral recycling as notified under the national critical mineral mission. The scheme has a total outlay […]
Power Grid Corporation of India Limited’s (POWERGRID) board of directors has approved raising funds through an unsecured rupee term loan or line of credit bank facility of up to Rs 40 billion from State Bank […]
The Tamil Nadu government is set to release Rs 173.07 billion to Tamil Nadu Power Distribution Corporation Limited (TNPDCL) towards electricity subsidies for various consumer categories during 2026-27, marking an increase of around Rs 13 […]
The Maharashtra cabinet has approved the Maharashtra Accelerating Green Energy and Storage Technologies Integration in Connected Grid (MAGESTIC) scheme to increase the share of renewable energy in the state’s energy mix from 17 per cent […]
The Ministry of Coal has issued a letter of award (LoA) to Kartikay Vayunandana Private Limited under category III of round II of the Rs 85 billion financial incentive scheme for promotion of coal/lignite gasification […]
Vietnam Electricity National Power Transmission Corporation, a subsidiary of Vietnam Electricity, has implemented urgent upgrade works at the 220 kV Thanh Cong substation in Hanoi to ensure reliable electricity supply during the 2026 peak summer […]
Oman Electricity Transmission Company has planned to invest around OMR 376 million in battery energy storage system (BESS) projects as part of its 2026-30 capital expenditure programme. The proposed investment forms part of the company’s […]
Bondada Engineering Limited has secured orders worth Rs 1.25 billion from Adani Green Energy Limited, Adani Ports and Special Economic Zone Limited, and Ambuja Cements Limited for a 75 MW solar power project at Khavda […]
Enviro Infra Engineers Limited, through its subsidiary EIE Renewables Private Limited, has entered into a share purchase agreement (SPA) to acquire Suyog Urja Limited for Rs 3.11 billion. Under the agreement, EIE Renewables will acquire […]
Adani Power Limited has reported a net profit of Rs 129.71 for 2025-26, registering an increase of about 1.74 per cent from Rs 127.49 billion in the previous year. The company’s total income stood at […]
REC Limited has reported a net profit of Rs 163.08 billion for 2025-26, registering an increase of about 2.67 per cent from Rs 158.84 billion in the previous year. The company’s total income stood at […]
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