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Apraava Energy secures Rs 800 crore for AMI expansion
Apraava Energy has raised Rs 800.9 crore from British International Investment (BII) and Standard Chartered to expand its Advanced Metering Infrastructure (AMI) portfolio. The company signed a Rs 400.5 crore agreement with BII and a Rs 400.4 crore agreement with Standard Chartered. The funding supports Apraava’s smart metering rollout under the Revamped Distribution Sector Scheme…
Brazil tests ethanol engine for thermal power generation
Brazil has launched a project described as the world’s first large-scale thermal power engine designed to run almost entirely on ethanol, expanding the potential use of the country’s biofuel industry beyond transportation. The project has been implemented at the Suape II power plant in Pernambuco by Suape Energia and Finnish technology company Wärtsilä. The companies…
AES Andes submits EIA for industrial-scale green hydrogen project in Chile
AES Andes has submitted an Environmental Impact Assessment (EIA) to Chilean authorities for its proposed Inna green hydrogen project, which is aligned with Chile’s National Green Hydrogen Strategy. The project is in its early stages of development and focuses on producing green hydrogen for both export and domestic use. In addition, AES Andes has signed…
Waaree says 126% US CVD has no material impact
Waaree Energies Limited stated that the US Department of Commerce’s preliminary countervailing duty (CVD) of 126% on solar modules using India-manufactured cells does not pose a material risk to its operations or financial guidance. The clarification was issued during a special analyst and institutional investor call held on February 25, 2026. Senior management, including Amit…
Odisha approves Rs 447.93 billion investments
The Odisha government has approved five industrial projects worth Rs 447.93 billion. This includes: Indian Strategic Petroleum Reserves Limited (Rs 87.43 billion) Project: Crude Oil Storage facilities Jobs: 5,130 Location: Jajpur Inox Solar Limited (Rs 40 billion) Project: Manufacturing facility of solar modules & photovoltaic cells Jobs: 3,400 Location: Dhenkanal ACME Cleantech Solutions Pvt. Ltd….
BHEL wins Rs 67 billion contract for Singareni Stage-II project
Bharat Heavy Electricals Limited (BHEL) has received a Letter of Intent (LOI) worth Rs 67 billion from Singareni Collieries Company Limited (SCCL) for the engineering, procurement, and construction (EPC) package of the 1×800 MW Singareni Stage-II project, also known as the Adilabad Coal-Based Power Project Stage II. SCCL re-invited bids for the project in March…
