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PFCCL invites bids for evacuation of RE power from Dharashiv, Beed
PFC Consulting Limited (PFCCL) has invited Request for Proposal (RfP) bids for selection of a transmission service provider (TSP) through tariff based competitive bidding (TBCB) process on build, own, operate, and transfer (BOOT) basis for the “Network Expansion scheme in Maharashtra for Evacuation of RE Power from Dharashiv, Beed District in Maharashtra.” The last date…
SBI signs €100 million line of credit with AFD for green financing
State Bank of India (SBI) has signed a €100 million Line of Credit agreement with Agence Française de Développement (AFD) at its GIFT City branch on August 30, 2025. The financing will support green projects in the country. According to SBI, the funds will be directed toward climate mitigation activities aimed at reducing greenhouse gas…
SSE acquires developmental rights for 120MW BESS in Ireland’s Midlands
SSE Renewables has acquired development rights from Low Carbon’s Grid Systems Services for a 120MW/240MWh grid-scale battery energy storage system (BESS) project in County Offaly, Ireland. The Thornsberry BESS project near Tullamore has received planning consent and grid connection approval, enabling 120MW import/export capacity to the national grid. Once operational, the system could supply backup…
Oyster Renewables plans Rs 16,000 crore investment for 2 GW RE capacity by 2028
Oyster Renewables intends to invest Rs 16,000 crore to build 2 gigawatts of renewable energy capacity in India by 2028. The company will finance the platform with Rs 4,000 crore in equity and Rs 12,000 crore through debt. The first two projects, totalling 300 MW, are expected to be commissioned by December 2025. An additional…
NTPC commissions 245 MW at Nokh Ultra Mega Solar Park in Rajasthan
NTPC Limited has commissioned 245 MW of solar power as part of the 735 MW Nokh Ultra Mega Solar Park Project in Jaisalmer, Rajasthan. The project became commercially operational from midnight on March 26, 2025, following successful commissioning and regulatory approvals. The Nokh Ultra Mega Solar Park, developed by NTPC under the engineering, procurement, and…
Masdar and Silk Road Fund to co-invest $2.8bn in renewable energy projects
Masdar, the Abu Dhabi Future Energy Company, and China’s Silk Road Fund have signed a memorandum of understanding (MoU) to co-invest up to 20 billion yuan ($2.8 billion) in renewable energy projects. The agreement, signed at the COP29 climate conference in Baku, Azerbaijan, focuses on Belt and Road Initiative (BRI) countries and the global south….
