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Adani Green Energy establishes new subsidiary for renewable energy projects
Adani Green Energy Limited (AGEL) has established a new wholly-owned subsidiary, Adani Hydro Energy Five Limited (AHE5L), through its subsidiary Adani Saur Urja (KA) Limited. Incorporated on November 26, 2024, AHE5L is registered in Ahmedabad, Gujarat, with an authorized and paid-up capital of Rs 100,000. AHE5L will generate, develop, transform, distribute, transmit, sell, and supply…
Hitachi Energy to expand Mysuru facility with Rs 300 crore investment
Hitachi Energy India Ltd has announced an investment of Rs 300 crore to expand its insulation and components manufacturing facility in Mysuru, Karnataka. The project will double the site’s capacity to produce transformer-grade pressboard and laminated board and is scheduled for completion by mid-2027. The expansion includes replacing the existing fossil fuel boiler to make…
PFC Consulting forms SPV for 3 GW renewable power transmission in Gujarat
PFC Consulting Limited (PFCCL), a subsidiary of Power Finance Corporation (PFC), has incorporated a special purpose vehicle (SPV) named Raghanesda RE Transmission Limited. The SPV will oversee the development of the “Transmission System for evacuation of renewable energy power from the Raghanesda area of Gujarat – 3 GW under Phase-I.” The project, with an estimated…
NHPC resumes construction on Parbati Hydro Electric Project
NHPC Limited has resumed construction work on the Parbati Hydro Electric Project Stage-II, which had previously faced roadblocks due to local opposition. The project, located on the Beas River in Kullu District, Himachal Pradesh, involves establishing an 800 MW capacity and is being developed with an investment of Rs 98.97 billion. It is situated approximately…
NLC signs PPA for 810 MW solar power project in Rajasthan
NLC India Renewables Limited (NIRL), a subsidiary of NLC India Limited, has signed a power purchase agreement (PPA) with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) for an 810 MW solar power project in Bikaner, Rajasthan. The agreement was finalized on May 6, 2025. This solar project is part of the 2,000 MW Pugal Solar…
ACWA Power grows renewable portfolio in Africa
ACWA Power’s Redstone Concentrating Solar Power (CSP) plant in South Africa has synchronized 50 MW to the national grid, with full capacity expected to reach 100 MW shortly. Developed in collaboration with Herlogas and SEPCOIII, the Redstone CSP is set to deliver clean energy to approximately 200,000 households, significantly curbing carbon emissions. Meanwhile, the Kom…
