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: December 19, 2024 The Central Electricity Regulatory Commission (CERC) has granted a final transmission licence to “Bhadla-III Transmission Ltd,” a wholly-owned TBCB subsidiary of Power Grid Corporation of India Ltd (PGCIL). The licence, issued on December 15, 2024, is valid for 25 years unless revoked earlier. Bhadla-III Transmission Ltd is developing an ISTS scheme titled “Additional transmission system for evacuation of power from Bhadla-III PS as part of Rajasthan REZ Phase-III…
Author: PPD Team Date: November 27, 2024 Orient Solar has announced plans to increase its production capacity from 800 MW to 2 GW by mid-2025. This expansion involves an investment of Rs 1.30 billion, covering capital expenditure, land, and building costs. The enhanced capacity will primarily support utility-scale solar projects (65%), with the remaining 35% allocated to commercial and industrial rooftop solar projects, as well as solar street lights and pumps.
Author: PPD Team Date: September 18, 2024 Reliance Power has secured a contract from the Solar Energy Corporation of India (SECI) to establish a 500 MW/1000 MWh Battery Energy Storage System (BESS). Awarded through a tariff-based competitive bidding (TBCB) process, the standalone BESS will operate on a build, own, and operate (BOO) model for ‘on demand’ usage, marking the company’s entry into the renewable energy and storage sector. Reliance Power will oversee the entire project,…
Author: PPD Team Date: January 24, 2025 The Indian Renewable Energy Development Agency Limited (IREDA) has approved a plan to raise up to Rs 50 billion through a Qualified Institutions Placement (QIP) of equity shares in one or more tranches. This decision aims to strengthen IREDA’s financial resources to meet the growing demand for green energy financing. The issuance will proceed following necessary approvals from shareholders and regulatory authorities. The initiative will allow IREDA to…
Author: PPD Team Date: January 16, 2025 Premier Energies Limited’s subsidiaries, Premier Energies Global Environment Private Limited, Premier Energies International Private Limited, and Premier Energies Photovoltaic Private Limited, secured contracts worth Rs 1.46 billion for solar module and cell supply in India on January 14, 2025. The companies won Rs 10.41 billion for solar modules and Rs 4.19 billion for solar cells. Module supplies are expected to begin in May 2025.
Author: PPD Team Date: June 13, 2025 KP Green Engineering Limited has secured new orders worth Rs 972.7 million from multiple clients across five business segments. The company expects to complete all projects by March 31, 2026. The largest order, worth Rs 478.3 million, is for crash barriers used in railway track fencing and related works. Solar-related orders include Rs 375.6 million for fixed tilt and tracker-type solar module mounting structures and Rs 44.4 million…