Adani Green Energy forms new subsidiary for renewable power generation
Author: PPD Team Date: September 23, 2025
Author: PPD Team Date: September 23, 2025
Adani Green Energy Limited has set up a new step-down subsidiary, Adani Ecogen Three Limited, to focus on renewable power generation. The company disclosed the development in a stock exchange filing on 22 September 2025.
According to the filing, the subsidiary was incorporated by Adani Renewable Energy Holding Eleven Limited, a wholly-owned arm of Adani Green Energy. Adani Ecogen Three Limited was registered on the same date with an authorised and paid-up capital of Rs 1,00,000.
The newly created entity’s stated objective is to generate, develop, and distribute electricity from solar, wind, and other renewable sources.
Adani Renewable Energy Holding Eleven Limited holds the full share capital of the company.
Author: PPD Team Date: October 10, 2025 NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited (NGEL), has signed a Memorandum of Understanding (MoU) with the Government of Gujarat to develop solar parks and projects with a total capacity of 10 GW, alongside 5 GW of wind projects. The MoU was exchanged on 9 October 2025 during the Vibrant Gujarat Regional Conference in Mehsana, Gujarat. On the same day,…
Author: PPD Team Date: October 9, 2025 Juniper Green Energy Limited has entered a power purchase agreement (PPA) with Tata Power for a 70 MW firm and dispatchable renewable energy (FDRE) project through its subsidiary, Juniper Green Sigma Eight. The project, based in Maharashtra, will include 180 MWp of combined solar and wind capacity, paired with a 280 MWh battery energy storage system. Power supply from the project is expected to begin on September 22, 2027. Ankush Malik,…
Author: PPD Team Date: March 3, 2025 Alpex Solar Private Limited has secured a Rs 2.11 billion contract from the Solar Energy Corporation of India (SECI) to supply 97.5 MWp of Domestic Content Requirement (DCR) solar PV modules for a 300 MW/390 MWp project in Ramagiri, Andhra Pradesh. This contract is part of SECI’s 1,200 MW CPSU (Tranche-III) scheme, aimed at developing a grid-connected solar PV power plant with viability gap funding (VGF) support for…
Author: PPD Team Date: November 26, 2024 Danish energy company Ørsted has started the process of divesting a 50% stake in its 2.9 GW Hornsea 3 offshore wind farm, located 120 km from the UK coast, according to Bloomberg. The sale, part of Ørsted’s broader divestment strategy led by CEO Mads Nipper, is expected to attract buyers willing to contribute to the project’s construction costs. The Hornsea 3 project, valued at approximately £8.5 billion ($10.8…
Author: PPD Team Date: January 23, 2025 Madhya Pradesh Power Transmission Company Ltd (MPPTCL) has initiated the remote monitoring and operation of its extra-high voltage AIS substations, starting with the 132kV AIS substation at Madhotal. This substation will now be controlled remotely from the nearby 220kV Jabalpur substation, marking a significant milestone for the state in improving power transmission efficiency. Following this success, MPPTCL plans to extend remote operations to three more old substations. The…
Author: PPD Team Date: December 31, 2024 Servotech Renewable Power System Limited has secured an order to install 1,094 grid-connected solar-powered agriculture pumps under the PM KUSUM Scheme’s Component C-1. The Uttar Pradesh New and Renewable Energy Development Authority (UPNEDA) awarded the project, valued at approximately Rs 310 million. The project includes manufacturing, supply, installation, testing, and commissioning of solar pumps, along with solar power plants. Servotech will also provide a five-year warranty and maintenance…