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Mahagenco signs MoU with NPCIL for nuclear power projects
Maharashtra State Power Generation Company (Mahagenco) has signed a memorandum of understanding with Nuclear Power Corporation of India Limited (NPCIL) to jointly develop nuclear power projects in the state. Maharashtra is the first state to partner with the central government under its nuclear based power initiative. The agreement aims to support Maharashtra’s shift toward clean…
Hindustan Power signs PPA for 435 MW solar project in Uttar Pradesh
Hindustan Power will supply electricity from a 435 MW direct current solar PV plant in Uttar Pradesh under a 25-year power purchase agreement (PPA) with Uttar Pradesh Power Corporation Limited. The company has begun on-site work and opened a project office at the location. UPPCL awarded the contract through a competitive tender in April 2025….
AMPIN Energy secures $50 million investment from Siemens
AMPIN Energy Transition has secured a $50 million equity investment from Siemens Financial Services, the financing arm of Siemens AG. The funding will support AMPIN’s expansion in commercial and industrial (C&I) and utility-scale renewable energy projects, along with its broader energy transition initiatives. Beyond financial backing, the partnership provides AMPIN access to Siemens’ energy technology…
AMEA Power commissions 500 MW Abydos Solar PV plant in Egypt
AMEA Power has commissioned the 500 MW Abydos Solar PV Plant in Egypt’s Aswan Governorate. The plant will generate around 1,500 GWh of renewable energy annually, reducing carbon emissions by 782,300 tonnes. The project was completed in 18 months. Additionally, AMEA Power has signed a power purchase agreement (PPA) and land agreement for a 500…
ACME Solar secures PFC funding for 250 MW FDRE project
ACME Solar Holdings Limited has secured long-term project funding of Rs 3,404.57 crore from Power Finance Corporation Limited (PFC) for its 250 MW Firm and Dispatchable Renewable Energy (FDRE) project being developed through ACME Urja One Private Limited (Phase-III). PFC is the sole financier for the project, with the debt carrying a repayment tenor of…
Adani Power denies Bangladesh plans to renegotiate power deal amid disputes
According to a Reuters report, Adani Power stated that it has no indication the Bangladesh government plans to review its 25-year power purchase agreement (PPA) with the company. This follows earlier claims that Bangladesh is seeking to renegotiate terms to lower electricity prices or cancel the deal through legal means. The PPA, signed in 2017,…
