Adani Electricity Mumbai Limited (AEML), a wholly owned subsidiary of Adani Energy Solutions Limited, has completed the acquisition of 100% equity shares in Superheights Infraspace Private Limited (SIPL).
This follows the execution of a share purchase agreement with Adani Properties Private Limited. SIPL holds development rights for a 3,000 square metre land parcel in Bandra Kurla Complex, where AEML is developing a 220 kV extra high-voltage substation under regulatory approvals.
GMR Power and Urban Infra (GPUIL) has secured approval from the Indian Renewable Energy Development Agency (IREDA) to part-finance a Rs 34.67 billion project for installing and maintaining 7.569 million smart meters across key regions in Uttar Pradesh. The project, in collaboration with Bosch Global Software Technologies as the technical partner, covers Varanasi, Azamgarh, Prayagraj, and Mirzapur under Purvanchal Vidyut Vitran Nigam (PUVNL), along with Agra and Aligarh under Dakshinanchal Vidyut Vitran Nigam. GMR Smart…
PFC Consulting Ltd (PFCCL) has transferred two project Special Purpose Vehicles (SPVs) to their respective winning bidders for the development of interstate transmission system (ISTS) schemes. The SPVs transferred are: Gadag II & Koppal II Transmission Ltd to Power Grid Corporation of India Ltd Bijapur REZ Transmission Ltd to G R Infraprojects Ltd Both SPVs, originally wholly-owned subsidiaries of PFCCL, will now be under the ownership of the winning developers chosen through the tariff-based competitive…
Hyundai Motor India Limited (HMIL) has signed an agreement with Fourth Partner Energy Limited (FPEL) to establish a 75 MW Solar Plant and a 43 MW Wind Power Plant in Tamil Nadu. HMIL has a target for RE100 to transition to 100% renewable electricity across its operations by 2025, it currently sources 63% of its energy from renewables. The project involves an investment of Rs 380 million and will operate under a Group Captive Mode…
The retrofitting of thermal power plants with flue-gas desulphurization (FGD) units has reached only 11.1% of the total installed capacity, according to a report presented in Parliament. Union Power Minister Manohar Lal informed the Rajya Sabha on December 16, 2024, that FGD units have been commissioned in 44 thermal power plants, representing a combined capacity of 22,590 MW out of the total target of 2,04,160 MW across 537 units. Work on FGD retrofitting is underway…
The UK and Australia have announced a partnership to pursue their energy transition goals through the Australia-UK Climate and Energy Partnership. The partnership will focus on the development and deployment of renewable technologies such as green hydrogen and offshore wind. UK Prime Minister Keir Starmer and Australian Prime Minister Anthony Albanese met on the sidelines of the Commonwealth Heads of Government Meeting in Apia, Samoa, where they underscored the role of private capital and government…
Google has signed a master plant development agreement with Kairos Power to generate clean energy for its AI data centres using small modular nuclear reactors (SMRs). The agreement outlines a plan to deploy 500MW of advanced nuclear power projects across the US by 2035. Kairos Power will oversee the development, construction, and operation of a series of advanced reactor plants, providing Google with energy, ancillary services, and environmental attributes through power purchase agreements. The first…