Adani Green Energy sets up two new hydro energy subsidiaries
Author: PPD Team Date: November 25, 2025
Author: PPD Team Date: November 25, 2025
Adani Green Energy Limited has created two new step-down subsidiaries to expand its renewable energy portfolio. The companies, Adani Hydro Energy Thirteen Limited and Adani Hydro Energy Sixteen Limited, were incorporated on 21 November 2025 and are fully owned by Adani Saur Urja KA Limited.
AGEL notified BSE and the National Stock Exchange through a letter dated 21 November 2025 in line with the SEBI Listing Regulations. Both entities sit under Adani Saur Urja KA Limited, which is a wholly-owned subsidiary of AGEL.
The subsidiaries have been set up to pursue renewable power projects. Their scope covers the generation, development, transformation, distribution, transmission, sale, and supply of electricity from wind, solar, and other clean sources. AGEL stated that the incorporations fall within its core business activities.
Author: PPD Team Date: June 9, 2025 Vedanta Limited has scaled up its round-the-clock (RTC) renewable energy capacity to 1.03 GW through a combination of wind, solar, and pumped storage projects. This expansion is expected to reduce carbon emissions by over 6 million tonnes each year. As part of its decarbonisation plan, the company reported using 2.61 billion units of renewable energy in its operations. Vedanta also runs one of the largest lithium-ion forklift fleets…
Author: PPD Team Date: November 28, 2024 KEC International Ltd. has secured new Transmission and Distribution (T&D) orders worth Rs 17.04 billion from Power Grid Corporation of India Limited (PGCIL). The projects include the design, supply, and installation of 765 kV transmission lines and GIS substations. These orders bring KEC International’s year-to-date (YTD) order intake to Rs 163 billion, a 60% growth compared to the same period last year. Mr Vimal Kejriwal, MD & CEO…
Author: PPD Team Date: November 22, 2024 On November 16, 2024, ACWA Power signed a binding Implementation Agreement (IA) with Uzbekistan’s Ministry of Energy to develop up to 2 GWh of standalone Battery Energy Storage Systems (BESS) across the country. The agreement was formalized during COP29 in Baku, Azerbaijan, in the presence of Uzbek President Shavkat Mirziyoyev, Azerbaijani President Ilham Aliyev, and Saudi Energy Minister Prince Abdulaziz bin Salman. The IA builds on a Memorandum…
Author: PPD Team Date: December 12, 2024 Major investors in ReNew Energy Global have proposed taking the clean power generator private in a deal valued at $2.82 billion. The consortium, which includes the Canada Pension Plan Investment Board and UAE-based Masdar, holds 64% of the company’s voting rights and has offered to buy ReNew’s shares at $7.07 each. The offer represents an 11.5% premium on ReNew’s closing price of $6.34 on December 10, 2024. Following…
Author: PPD Team Date: November 18, 2025 Hero Future Energies has signed an MoU worth Rs 300 billion with the Andhra Pradesh government to set up 4 GW of renewable energy projects. The projects will come up in Ananthapuramu, Kurnool and Kadapa and will be developed in two phases. HFE will use its technical and project development experience to deliver the planned capacity. The projects are expected to create more than 15000 direct and indirect…
Author: PPD Team Date: August 1, 2025 Waaree Energies has started production at its new solar module manufacturing plant in Chikhli, located in Gujarat’s Navsari district. The facility adds 1.8 GW to the company’s annual module output. With this addition, Waaree’s total installed solar module manufacturing capacity has reached 16.8 GW. The company also runs a solar cell production line with 5.4 GW of annual capacity and is actively expanding across the solar manufacturing chain….