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Solarworld and H.G. Infra win 1,000 MWh BESS tender from GUVNL
Solarworld Energy Solutions and H.G. Infra Engineering have emerged as winners in Gujarat Urja Vikas Nigam Limited’s (GUVNL) Phase VI auction for 500 MW/1,000 MWh of standalone battery energy storage systems (BESS). Solarworld secured 200 MW/400 MWh at a tariff of Rs 280,000 per MW per month. H.G. Infra won 300 MW/600 MWh at Rs…
Europe pushes to boost industrial competitiveness and decarbonization
Eurelectric, along with CEFIC (European chemicals) and European Aluminium, have outlined six key measures for improving Europe’s industrial competitiveness and advancing its decarbonization efforts. The measures were discussed during the Antwerp Dialogues, a forum gathering industry representatives, power sector stakeholders, NGOs, unions, and think tanks. The Antwerp Declaration calls for urgent actions to reduce energy…
SWREL wins Rs 3,550 crore solar EPC orders, including Coal India project
Sterling and Wilson Renewable Energy Limited (SWREL) has secured new domestic orders worth about Rs 3,550 crore, led by a large solar EPC package from Coal India Limited. The company said it has been declared the lowest bidder (L1) for a turnkey engineering, procurement, and construction (EPC) contract for an 875 MW AC grid-connected solar…
POWERGRID clears plan to raise Rs 3,800 crore through new bond series
Power Grid Corporation of India Limited has approved the issuance of its 83rd bond series to raise up to Rs 3,800 crore. The decision was taken by the company’s Committee of Directors for Bonds at a meeting held on November 17 2025. The fundraising will take place through unsecured, non convertible and redeemable bonds issued…
Bajel Projects reports margin expansion in Q3 FY26 results
Bajel Projects Limited announced its financial results for the third quarter and nine-month period ended December 31, 2025, reporting a sharp improvement in profitability. The company said the expansion in margins was driven by a strategic shift toward higher value and more complex power transmission projects. For the nine-month period of FY26, Bajel Projects Limited…
TPG to acquire majority stake in Siemens Gamesa’s wind business in India
TPG, a global alternative asset management firm, has agreed to acquire a majority stake in Siemens Gamesa’s onshore wind turbine manufacturing business in India and Sri Lanka. The investment will be made through TPG Rise Climate, the firm’s climate-focused investing platform. This deal marks the first investment under TPG’s Global South Initiative, a private equity…
