Global: Kenya Power invests KES 1 billion to upgrade electricity infrastructure India: Madhya Pradesh secures major investments in energy projects APGCL and Oil India form JV for renewable energy projects Coal India and EDF sign agreement for renewable and pumped storage projects Adani Power receives LoI to acquire Vidarbha Industries Power India plans financial aid for struggling state power utilities
Kenya Power has announced an investment of KES1 billion to expand and enhance electricity infrastructure across eleven counties in the Nyanza and western regions. The funds will support the construction of new power lines to meet growing demand and improve reliability. The investment covers both completed and ongoing projects in Kisumu, Homabay, Migori, Siaya, Nyamira, Vihiga, Busia, Bomet, Kericho, Kisii, and Kakamega. Completed projects include the KES700 million, 132 kV Narok–Bomet line, which aims to…
Adani Power Limited received a letter of intent (LoI) from the resolution professional to acquire Vidarbha Industries Power Limited (VIPL) on 24 February 2025. The acquisition is subject to the terms of the LoI and necessary approvals from the National Company Law Tribunal (NCLT), Mumbai, along with other regulatory authorities, courts, or tribunals as required. VIPL, a wholly owned subsidiary of Reliance Power Limited (RPL), developed a 600 MW thermal power project in Nagpur, Maharashtra,…
Assam Power Generation Corporation Limited (APGCL) and Oil India Limited (OIL) have established a joint venture (JV) named APGCL OIL Green Power Limited to develop renewable energy projects in Assam. The JV will plan, develop, construct, own, and operate various renewable energy projects, including solar, wind, small hydro, and biomass. It will also focus on green hydrogen infrastructure, covering production, storage, transportation, and distribution. Additionally, the company will engage in research and development of green hydrogen…
India is evaluating a financial assistance plan for debt-laden state-run power distribution companies (DISCOMs) to maintain sector stability amid growing electricity demand, according to a Ministry of Power document cited by Reuters. A ministerial panel has been set up to determine which states require urgent funding, develop a fiscal discipline framework to prevent further debt accumulation, and explore ways to attract private investment. If approved, this would be the first federal financial intervention since 2021,…
Coal India Limited (CIL) and EDF India Private Limited, a wholly owned subsidiary of Électricité de France SA (EDF), signed a Non-Binding Shareholders Agreement (SHA) Term Sheet on February 23, 2025, to form a joint venture. The partnership will focus on developing pumped storage projects (PSP) and other renewable energy projects in India and neighbouring countries. Earlier, EDF also signed a non-binding term sheet with NTPC Limited to collaborate on PSPs and hydro projects integrated…
Madhya Pradesh has signed multiple Memorandums of Understanding (MoUs) with key energy companies at the Global Investors Summit 2025, securing investments across renewable energy, pumped storage, and other infrastructure projects. These include: SECI: The Solar Energy Corporation of India Limited (SECI) signed an MoU with the state government to develop a 200 MW solar project in Dhar and a 1,000 MWh battery storage project. SECI has proposed a phase-wise investment of Rs 25 billion for…