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Torrent Power sets up subsidiary for renewable energy projects
Torrent Green Energy Private Limited (TGEPL), a wholly owned subsidiary of Torrent Power Limited (TPL), has incorporated a new wholly owned subsidiary, Torrent Urja 30 Private Limited (TU30), for the implementation of renewable energy (RE) power projects in India on February 19, 2025. The newly formed entity will engage in power generation, transmission, distribution, purchase,…
SEBI approves IPO for Eastman Auto and Power
Eastman Auto and Power Limited (EAPL) has received approval from the Securities and Exchange Board of India (SEBI) for its proposed initial public offering (IPO). The development marks a key step for the diversified energy solutions manufacturer operating across battery storage, power electronics and solar technologies. EAPL was incorporated in 2000 under the JRS Eastman…
CERC grants transmission licence to Khavda IV A Power Transmission
The Central Electricity Regulatory Commission (CERC) has granted a transmission licence to Khavda IV A Power Transmission Ltd, a subsidiary of Adani Energy Solutions Ltd (AESL). The licence, effective for 25 years unless revoked earlier, covers the development of an interstate transmission system (ISTS) for the evacuation of power from a renewable energy zone in…
India’s solar potential needs revision as installations touch 111 GW
India’s installed solar power capacity reached 110.9 GW by June 2025, out of a total renewable capacity of 237.5 GW, according to a commentary published by the Observer Research Foundation (ORF). The authors argue that India should reassess its solar potential estimates, which remain based on outdated assumptions and data from 2010 and 2011. The…
IREDA loan book crosses Rs 93,000 crore in FY2026
Indian Renewable Energy Development Agency Limited (IREDA) reported provisional business performance for the financial year ended March 31, 2026, with its loan book outstanding reaching Rs 93,075 crore, up 22% from Rs 76,282 crore a year earlier. Loan disbursements rose 16% to Rs 34,946 crore, compared with Rs 30,169 crore in FY2025, while loans sanctioned…
Datta Power wins bid for 112 MW wind project
Adyant Enersol Private Limited, a subsidiary of Datta Power Infra Private Limited, has secured a 112 MW wind power project under the 600 MW Inter State Transmission System (ISTS)-Connected Wind Power Project (Tranche-II) by SJVN. The company won the bid with a tariff of Rs 3.81 per kWh. SJVN invited bids in April 2024 to…
