CG Power and Industrial Solutions Limited has secured a Rs 583 million contract from Power Grid Corporation of India Limited (PGCIL).
The contract covers the supply of 400kV Shunt Reactors, including 2X125MVAR, 2X80MVAR, and 2X50MVAR reactors, under the Bulk Procurement of 765kV and 400kV class transformers and reactors.
Other bidders included Bharat Heavy Electricals Limited and GE T&D India Limited.
Vestas has received a firm order from RWE for the 900 MW Nordseecluster B offshore wind project in the German North Sea. The project will feature 60 V236-15.0 MW wind turbines, with Vestas responsible for their supply, delivery, commissioning, and a 5-year service agreement followed by long-term operational support. The Nordseecluster is being developed in…
Solarworld Energy Solutions Limited (formerly Solarworld Energy Solutions Private Limited) has appointed four Non-Executive Independent Directors to its Board, effective May 1, 2026. The decision was approved at a board meeting held on the same day, with appointments subject to shareholder approval for a five-year term. The newly appointed directors are Mr. Rajiv Gupta, Ms….
The Solar Energy Corporation of India Limited (SECI) and MahaGenco Renewable Energy Limited (MahaGenco REL), a wholly owned subsidiary of Maharashtra State Power Generation Company Limited (MAHAGENCO), have signed a Memorandum of Understanding (MoU) to jointly explore and develop renewable energy and clean energy projects in Maharashtra and across India. The partnership envisages a potential…
The joint venture of GP Eco Solutions India Limited and Synergy Wave Limited has received a Letter of Intent (LoI) worth Rs 505.2 million from Braithwaite & Company Limited (BCL). The contract is for setting up a 10 MW solar photovoltaic (PV) project in Jagatsinghpur district, Odisha. BCL had invited bids for the project in…
AMPIN Energy Transition has signed a Power Purchase Agreement (PPA) for its 199 MW / ~800 MWh Firm & Dispatchable Renewable Energy (FDRE) project under Solar Energy Corporation of India Limited (SECI) Tranche VII, marking the company’s entry into the emerging segment of storage-backed renewable power. The project is AMPIN Energy Transition’s first FDRE asset…
Power Grid Corporation of India Limited (PGCIL) has signed a green loan agreement with Sumitomo Mitsui Banking Corporation (SMBC) at GIFT City, Gandhinagar, Gujarat. The agreement, denominated in JPY for the US dollar equivalent of $200 million with a greenshoe option of $150 million, will support critical infrastructure development for renewable energy (RE) evacuation and…