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REC transfers Mahan Transmission to Adani Energy
REC Power Distribution Company Limited (REC PDCL) has transferred Mahan Transmission Limited, a special purpose vehicle (SPV), to Adani Energy Solutions Limited (AESL). The handover, completed on March 26, 2025, follows a tariff-based competitive bidding (TBCB) process for selecting a transmission service provider (TSP). The project will be developed under the build, own, operate, and…
India | Leadership | NewsAerem appoints Nilesh Malani as Executive Director
Aerem has appointed Nilesh Malani as Executive Director. In this role, he will lead the company’s consumer business, marketing, and direct-to-consumer (D2C) e-commerce verticals as the platform expands its integrated solar ecosystem for micro, small and medium enterprises (MSMEs) and homeowners. Malani brings more than 20 years of experience in brand building, consumer business growth…
Core Energy raises Rs 2 billion to expand nuclear manufacturing
CORE Energy Systems has secured Rs 2 billion in a new funding round led by investors and a group of strategic backers. The funds will support the expansion of the company’s manufacturing facilities and contribute to India’s nuclear energy initiatives, including small modular reactor (SMR) and Bharat Modular Reactor programmes. This round marks the exit…
ACME Solar commissions additional BESS capacity in Rajasthan
ACME Solar Holdings Limited has commissioned additional Battery Energy Storage System (BESS) capacity at two projects in Rajasthan through its wholly owned subsidiaries. Both milestones were achieved on May 11, 2026, with commercial operations scheduled to begin from May 13, 2026. The company said its subsidiary, ACME Sun Power Private Limited, commissioned an additional 33.333…
Jakson Group to invest Rs 1 billion in distributed energy by FY26
Jakson Group will invest Rs 1 billion in its distributed energy business by 2025-26 to expand capacity and meet rising demand for backup and sustainable power. The company, which earns most of its revenue from diesel generators, is diversifying into solar, energy storage, and other green solutions. It aims to scale its business to Rs…
Nexans secures €1bn LanWin2 project with TenneT for offshore grid
Cable systems and services provider Nexans has signed a €1 billion ($10.3 billion) agreement with TenneT for the LanWin2 project, part of TenneT’s 2GW offshore grid connection programme in the German North Sea. The LanWin2 project includes the engineering, procurement, construction, and installation (EPCI) of 525 kV high-voltage direct current (HVDC) onshore and offshore export…
