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India | Generation | NewsUP clears Rs 33,000 crore Meja thermal power expansion
The Uttar Pradesh government has approved a major thermal power expansion project in Prayagraj district involving an investment of around Rs 33,000 crore. The Meja Stage II project will add 2,400 MW generation capacity through three 800 MW units over the next five years. The project will be developed through Meja Urja Nigam Private Limited,…
Yunlin offshore wind project begins commercial operations in Taiwan
The 640 MW Yunlin offshore wind farm developed by Yunneng Wind Power Co. Ltd. has commenced commercial operations in the Taiwan Strait. The facility consists of 80 wind turbines spread across an 82 square kilometre area, situated 8 to 17 km from Taiwan’s west coast, in waters between 7 and 35 metres deep. The project…
BluPine Energy secures Rs 5,400 crore refinancing facility from Axis Bank
BluPine Energy, a renewable energy platform owned by private equity firm Actis, has secured a Rs 5,400 crore long-term loan facility underwritten by Axis Bank. The funding will be used to refinance existing debt across the company’s portfolio of operational renewable energy projects. The loan facility carries an interest rate of around 7.70% and has…
Adani Green incorporates UAE subsidiary AREMEL
Adani Green Energy Limited has expanded its international presence with the incorporation of a wholly owned subsidiary, Adani Renewable Energy Middle East Ltd (AREMEL), established in the United Arab Emirates (UAE) on February 25, 2026. The entity has been incorporated in the UAE with an authorised capital of AED 10,000. AREMEL will undertake power generation…
Battery storage costs decline sharply as policy support expands
The cost of battery energy storage systems discovered through competitive bidding has fallen steeply over the past two years, supported by viability gap funding schemes and transmission charge waivers, according to information presented in Parliament. The cost of Battery Energy Storage System (BESS) capacity discovered through tariff based competitive bidding during 2022 to 2023 was…
Tata Power commissions 431 MWp solar project in Madhya Pradesh
Tata Power Renewable Energy Ltd (TPREL), a subsidiary of Tata Power, has completed a 431 megawatt peak (MWp) direct current solar power project in Neemuch, Madhya Pradesh. Built over 2,000 acres, the project uses 765,408 bifacial glass-to-glass modules mounted on single-axis solar trackers. The system’s DC capacity is 431 MWp with an alternating current output…
