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Godrej focuses on five states for power infrastructure

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The Energy Solutions business of Godrej Enterprises Group (GEG) has announced its focus on investing in power infrastructure projects for clean energy.  The company will prioritize Maharashtra, Gujarat, Rajasthan, Haryana, and Madhya Pradesh for its green energy and power infrastructure projects. GEG plans to grow at a CAGR of over 20% in the next 3-5 years, driven by its expanding portfolio of EHV (Extra High Voltage) power transmission projects up to 765kV, along with strategic…

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Avaada Group secures Rs 85 billion financing for nine RE projects

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Avaada Group has completed Rs 85 billion in financing and refinancing for nine projects across various sectors, including utility-scale solar projects, agrivoltaic projects under the PM-KUSUM scheme, merchant power generation projects, commercial and industrial (C&I) solar projects, and solar module manufacturing facilities. The financing was secured through multiple transactions with a range of lenders, including public-sector banks like the State Bank of India and Union Bank, as well as financial institutions such as NABFID, PFC,…

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Blue Energy to invest Rs 35 billion in electric trucks in Maharashtra

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Blue Energy Motors, a key partner in Essar’s green mobility initiative, has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to invest Rs 35 billion in establishing an electric truck manufacturing facility.  The facility, set to begin operations in FY 2025-26, will have the capacity to produce 30,000 electric trucks annually. The facility will include advanced research and development capabilities, a battery-pack production line, a motor manufacturing unit, and charging stations.  The…

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Essar Renewables to invest Rs 80 billion in Maharashtra for RE projects

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Essar Renewables Limited has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to develop 2,000 MW of renewable energy capacity. The Rs 80 billion investment will focus on round-the-clock renewable energy projects to power the electric vehicle truck charging infrastructure of Blue Energy Motors and Greenline. The projects are expected to start operations in fiscal year 2026-27, creating over 2,000 direct employment opportunities and boosting Maharashtra’s economic growth. Essar Renewables, a division…

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Torrent Power incorporates TU37 for hydrogen and renewable energy

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Torrent Green Energy Private Limited (TGEPL), a subsidiary of Torrent Power Limited, has established Torrent Urja 37 Private Limited (TU37) with an authorised and paid-up capital of Rs.500,000, consisting of 50,000 equity shares valued at Rs.10 each. TU37 will focus on manufacturing, processing, and trading hydrogen and its derivatives, including ammonia and compressed natural gas. It will also engage in renewable energy initiatives, such as the generation, transmission, and trading of power from green, hydro,…

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NTPC REL commissions 25 MW of Gujarat solar PV project

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NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Limited through NTPC Green Energy Limited, has commenced commercial operation of the second part capacity of its 200 MW Sadla Solar PV Project in Gujarat. The additional 25 MW capacity became operational on January 17, 2025. Earlier, the first part capacity of 37.5 MW was commissioned on December 21, 2024.

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Bondada Engineering wins Rs 884.98 million contract from KPI Green

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Bondada Engineering Limited has won a Rs.884.98 million contract from KPI Green Energy Limited for the supply of Balance of System (BoS) items and services. The contract includes engineering, procurement, construction, and commissioning (EPCC) works for solar power projects at Vagra, Amod, and Rajkot in Gujarat. The project is scheduled for completion within 90 days of receiving the purchase order, awarded on January 21, 2025.

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Reliance incorporates two subsidiaries for renewable energy projects

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Reliance Energy Limited (REL), a subsidiary of Reliance Infrastructure Limited, has established two wholly-owned subsidiaries to implement renewable energy (RE) projects in India. The subsidiaries, Reliance Zetta SolarTech Private Limited and Reliance Zetta Solar Private Limited, will focus on solar and other RE power generation projects, as well as associated transmission and distribution projects.

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PVUNL achieves rail connectivity for Patratu Thermal Power Project

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Patratu Vidyut Utpadan Nigam Limited (PVUNL) successfully conducted a trial run for rail connectivity of the Patratu Thermal Power Project Phase I on January 21, 2025.  The project, located in Ramgarh district, Jharkhand, is expected to be commissioned by December 2025. PVUNL, a special purpose vehicle (SPV) formed by NTPC Limited in a joint venture with Jharkhand Bijli Vitran Nigam Limited (JBVNL), is developing the project.  Phase I involves three 800 MW units, with a…

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Telangana signs MoU with MEIL for 2,160 MW pumped storage project

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The Government of Telangana has signed a Memorandum of Understanding (MoU) with Megha Engineering and Infrastructures Limited (MEIL) to establish a 2,160 MW Pumped Storage Project (PSP) in the state. The project entails an investment of Rs.110 billion and is expected to boost the state’s renewable energy capacity and infrastructure. The MoU was signed on January 21, 2025.