Purvah Green Power Private Limited, a subsidiary of CESC Limited, received a Letter of Award (LoA) from Noida Power Company Limited (NPCL) on December 30, 2024.Â
The project involves developing 300 MW Inter-State Transmission System (ISTS)-connected wind-solar hybrid power projects across India to supply power to NPCL.
In November 2024, NPCL invited bids for power procurement under the Tariff-Based Competitive Bidding (TBCB) mode.
JUWI Renewable Energies will commence construction on three major private solar projects in South Africa, with a combined capacity of 340 MW and investments exceeding $320 million. The projects will serve key players in the mining, data centre, and energy sectors, including Glencore, Teraco, Sasol, and Air Liquide. Together, the projects will generate over 1…
I Squared Capital has launched Cube Grid, a $1 billion platform focused on investing in India’s power transmission sector. The Miami-headquartered firm said the platform will build and acquire transmission infrastructure assets to support rising electricity demand and grid expansion requirements in India. I Squared Capital has signed definitive agreements for seed assets comprising more…
SJS Enterprises Limited has acquired a 2.08 percent equity stake in DB Renews Private Limited (DRPL), a wind power generation company based in Karnataka, for a total consideration of Rs 72 lakh. The investment will enable SJS Enterprises to become a captive consumer of the wind power generated by the company. According to a regulatory…
Power Grid Corporation of India Limited (PGCIL) has awarded two contracts under its bulk procurement programme for 765 kV and 400 kV class transformers and reactors. The first contract, valued at Rs 3.17 billion, was awarded to CG Power & Industrial Solutions Limited for the 765 kV Reactor Package 7RT-21-BULK. The package covers 30×80 MVAR,…
Serentica Renewables India Private Limited (SRIPL) has signed a power supply and consumption agreement (PSCA) with Inox Airproducts Private Limited for 75 MW of wind-solar hybrid power. The agreement was formalised on May 5, 2025. Under the deal, SRIPL will supply hybrid renewable energy to four Inox manufacturing sites across four different states in India. …
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has signed key agreements for deploying 3.32 million smart prepaid meters in Gujarat under Phase II of the Revamped Distribution Sector Scheme (RDSS). The agreements were signed with Paschim Gujarat Vij Company Limited (PGVCL) and cover both the project implementation agency…