Rajasthan Chief Minister Bhajan Lal Sharma has approved the allocation of 4,000 hectares in Bodana village, Jaisalmer district, to the Rajasthan Solar Park Development Company for establishing a 2,000 MW solar power project.
This initiative aligns with the state’s commitment to advancing renewable energy and supporting clean energy goals.
CleanMax Enviro Energy Solutions has raised Rs 15 billion in a pre-initial public offering (IPO) funding round led by Temasek Holdings and Bain Capital, ahead of its planned market debut expected later this month. The pre-IPO placement also saw participation from Steadview Capital, 360One and Steinberg India Emerging Opportunities Fund. Several family offices joined the…
GE Vernova, Inc. has announced a definitive agreement to acquire Woodward, Inc.’s heavy-duty gas turbine combustion parts business in Greenville, South Carolina. The acquisition aligns with GE Vernova’s strategy to invest in U.S. manufacturing and strengthen its domestic supply chain to meet the growing global demand for heavy-duty gas turbines and upgrades. Eric Gray, President…
Om Infra Limited has secured a contract worth Rs 1,998.4 million for hydro-mechanical works in the Dibang Multi Purpose Project. The award was finalised on June 25, 2025, following bids invited by NHPC Limited in April 2024. The contract has two parts. The first, worth Rs 1,678.6 million, is for the ex-works and CIF (Cost,…
Adani Green Energy Ltd. (AGEL) has commissioned a 50 MW solar power project at its Khavda site in Gujarat, bringing its total operational renewable capacity to 16,729.80 MW. The project was approved for operation on October 15, 2025, and began commercial generation the following day. In a separate filing, AGEL announced the incorporation of five…
The United States has ended a sanctions waiver that allowed Iraq to buy electricity from Iran, following President Donald Trump’s renewed “maximum pressure” policy on Tehran. The waiver, which expired on 8 March 2025, was initially introduced in 2018 after the US reimposed sanctions on Iran following its withdrawal from the nuclear deal. The US…
Adani Green Energy Ltd, led by Indian billionaire Gautam Adani, has secured around $250 million from a consortium of international banks, marking its first foreign currency loan since a US Department of Justice indictment. The funding will be used to refinance existing debt. The credit is being provided by DBS Bank Ltd., DZ Bank, Rabobank,…