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India | Leadership | NewsACME Solar appoints new EPC president
ACME Solar Holdings Limited has appointed Mr KR Thiyagarajan as President of its EPC (Engineering, Procurement, and Construction) division and designated him as a Senior Management Personnel. ACME Solar said the Board of Directors approved the appointment after a recommendation from the Nomination and Remuneration Committee. He will report to the Chief Executive Officer. The…
ACWA Power secures financing for 1.1GW Suez wind farm in Egypt
ACWA Power, in partnership with HAU Energy, has achieved financial close for the 1.1GW Suez wind farm in Egypt’s Gulf of Suez region. The financing includes a $703.6m senior debt facility from a consortium of international banks and financial institutions, with the European Bank for Reconstruction and Development leading the deal. The $1.2bn project aims…
India | Generation | NewsEvonith Steel acquires 85 MW IPPL power plant via IBC route
Nagpur-based Evonith Steel has acquired Wardha-based Indrajit Power Pvt Ltd (IPPL), an 85 MW coal-based power producer, for Rs 232 crore through the Insolvency and Bankruptcy Code (IBC) process. The National Company Law Tribunal (NCLT) approved Evonith Steel as the successful resolution applicant on April 20. IPPL is located adjacent to Evonith Steel’s integrated steel…
Resonia commissions 765 kV Fatehgarh–Beawar transmission corridor
Resonia has commissioned the 765 kV double-circuit Fatehgarh–Beawar transmission corridor, spanning approximately 700 circuit kilometres, along with associated bays and the 765/400 kV Beawar Substation. The project is designed to enable high-capacity evacuation of renewable energy from generation-rich regions to the grid. The Beawar substation is configured as an extra-high voltage node with substantial transformation…
Avangrid sells Kitty Hawk North offshore wind lease area to Dominion
Avangrid has completed the sale of its 40,000-acre Kitty Hawk North offshore wind lease area to Dominion Energy for $160 million. The transaction includes a $117 million lease acquisition payment and reimbursement for associated development costs. The sale agreement was initially signed in July 2024. Avangrid, part of the Iberdrola Group, retains the rights to…
Tata Power and Tata Passenger launch Mumbai’s largest EV charging hub
Tata Power and Tata Passenger Electric Mobility Limited have opened a large-scale electric vehicle (EV) charging hub in Mumbai under the TATA.ev MegaCharger initiative. The launch took place on World EV Day and marks the companies’ first co-branded charging facility in the city. The hub is located near Terminal 2 of Chhatrapati Shivaji Maharaj International…
