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KEC International and Transrail Lighting secure Rs 14.76 billion orders
KEC International Limited has secured new orders worth Rs 12.36 billion across its transmission, substation, and cable businesses. The company won contracts for transmission line and substation projects in the Middle East, covering the UAE and Kuwait. It also secured a substation order from a private player under tariff-based competitive bidding in India. Additionally, KEC…
Iraq finalizes agreement with Linxon for 400 kV substation rehabilitation
The Iraqi Ministry of Electricity has finalized agreements with Linxon to rehabilitate three 400 kV bulk supply point substations located in North and South Baghdad and Diyala. Linxon, a company formed by combining AtkinsRéalis’ project management expertise with Hitachi Energy’s technological knowledge, brings over 60 years of experience in substation and electrification projects worldwide. The…
Solidus Techno begins work on 50 MWp solar project in Punjab
Solidus Techno Power Private Limited has laid the foundation for a 50 MWp solar power project in Ghattianwali Jattan village, Firozpur district, Punjab. The project is being implemented by Bluesky NRG Private Limited and developed by Solidus Techno on an engineering, procurement, and construction (EPC) basis.
Reliance Power to develop 500 MW solar project in Bhutan with DHI
Reliance Power Limited has signed a commercial term sheet for a long-term power purchase agreement (PPA) with Green Digital Private Limited (GDL), a subsidiary of Druk Holding and Investments Limited (DHI). DHI is the investment arm of the Royal Government of Bhutan. The agreement outlines a 50:50 joint venture between Reliance Power and DHI to…
IREDA raises Rs 9.1 billion through Tier-II bonds
Indian Renewable Energy Development Agency Limited (IREDA) has raised Rs 9.1 billion through privately placed subordinated Tier-II bonds. The bonds, issued with a 10-year tenure, carry an annual coupon rate of 7.74 per cent. The capital raised will enhance IREDA’s Tier-II capital, strengthening its net worth and improving its capital to risk-weighted assets ratio. The…
REC incorporates three transmission SPVs, issues RFP for Sakoli project
REC Limited has disclosed the incorporation of three new special purpose vehicles (SPVs) between 19 December 2025 and 20 December 2025. The entities have been set up through its wholly owned subsidiary REC Power Development and Consultancy Limited REC Power Development and Consultancy Limited (RECPDCL) to implement intra-state transmission projects in Maharashtra. Balsane Power Transmission…
