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MSEDCL awards 5 GW solar power contract to Adani Power
Maharashtra State Electricity Distribution Company (MSEDCL) has issued a letter of intent (LoI) to Adani Power (APL) for the supply of 5,000 MW of solar power to Maharashtra. This follows Adani Group’s successful bid to supply a total of 6,600 MW, including 5,000 MW of solar power and 1,600 MW of thermal power. Adani Green…
VRPL to acquire full equity in Refex Engineering Products
Venwind Refex Power Limited, a wholly owned unit of Refex Industries Limited, plans to buy 100 per cent equity in Refex Engineering Products Private Limited. The move will place REPPL as a step-down subsidiary of Refex Industries. REPPL is now fully owned by Refex Holding Private Limited. The planned deal covers 10,000 fully paid-up equity…
JSW Neo Energy acquires Virya Infrapower for Rs 75.4 million
JSW Neo Energy Limited has completed the acquisition of a 100 per cent equity stake in Virya Infrapower Private Limited for an enterprise value of Rs 75.4 million. The transaction, finalized on the same day as the signing of the share purchase agreement (SPA), was executed through a 100 per cent cash consideration, subject to…
PM lays foundation stone for 50 MW floating solar project in Kerala
Prime Minister Narendra Modi laid the foundation stone for a 50 MW floating solar project at West Kallada in Kerala on Wednesday during his visit to Ernakulam. The project was announced alongside the inauguration and launch of infrastructure projects worth over Rs 10,800 crore under the “Viksit Keralam – Viksit Bharat” initiative. The floating solar…
NTPC signs MoU with Bihar for battery and renewable energy projects
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has signed a Memorandum of Understanding (MoU) with Bihar State Power Generation Company Limited (BSPGCL) for the development of battery energy storage and renewable energy projects in Bihar. The agreement was signed on July 26, 2025, as per the press release. NGEL CEO Sarit Maheswari…
Teerth Gopicon secures solar project in Rajasthan
Teerth Gopicon Private Limited has received a Letter of Intent (LoI) from Jaipur Vidyut Vitran Nigam Limited (JVVNL) for developing 39.4 MW grid-connected solar photovoltaic (PV) projects in Rajasthan under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program. The scope includes design, supply, installation, testing, commissioning, and 25 years of Operation and…
