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L&T raises Rs 5 billion via India’s first ESG bonds, wins USD 50 million contract
Larsen & Toubro (L&T) has raised Rs 5 billion through India’s first environmental, social, and governance (ESG) bonds. The funds were mobilised via non-convertible debentures (NCDs) at a 6.35% coupon rate with a three-year maturity. The bonds were listed on the National Stock Exchange (NSE) and issued under the Securities and Exchange Board of India’s…
GPS Renewables partners with BGTS to introduce Varibull paddle agitators in India
GPS Renewables and its subsidiary Proweps have partnered with Biogastechnik Süd GmbH (BGTS) to bring Varibull paddle agitators to the Indian market. The collaboration is aimed at improving the efficiency of biogas plants and reducing costs for compressed biogas (CBG) developers. As part of the arrangement, GPS Renewables will integrate BGTS’s paddle agitator technology into…
Solex Energy’s 3.78 GW Surat module plant added to MNRE ALMM list
Solex Energy Limited has received approval for its 3.78 GW solar module manufacturing facility in Surat, Gujarat, under the Approved List of Models and Manufacturers (ALMM) framework of the Ministry of New and Renewable Energy (MNRE). The listing enables the company to supply ALMM-compliant solar photovoltaic (PV) modules to government-supported solar projects in India. With…
PGCIL commissions India’s first 315 MVA synthetic ester transformer
Power Grid Corporation of India (PGCIL) has inaugurated the nation’s first 315 MVA, 400/220/33 kV transformer filled with synthetic ester oil at its Bhiwadi substation in Rajasthan. The installation marks a significant step toward more environmentally conscious and safer grid infrastructure. The commissioning event was attended by senior PGCIL leadership, including Chairman and Managing Director…
India | Generation | NewsNHPC, GRIDCO sign MoU for 1,000 MW Masinta pumped storage project
NHPC Limited and Grid Corporation of Odisha (GRIDCO) have signed a Memorandum of Understanding (MoU) to jointly explore the development of a 1,000 MW pumped storage project at Masinta in Deogarh district, along with other renewable energy initiatives. The MoU was executed on February 12, 2026, during the Odisha Renewable Energy Investor Conclave in Bhubaneswar….
Sembcorp Industries secures wind-solar hybrid project from SECI
Sembcorp Industries, through its subsidiary Sembcorp Green Infra, has won a 150 MW wind-solar hybrid project from the Solar Energy Corporation of India (SECI). The project, connected to the interstate transmission system (ISTS), is part of SECI’s 600 MW bid. Sembcorp has received the letter of award (LoA) for this build-own-operate (BOO) initiative. The power…
