Adani Energy Solutions Limited (AESL) has acquired Progressive Grid Networks Limited (PGNL) in Kenya to explore power transmission opportunities across East Africa.Â
PGNL’s initial share capital stands at KES 1 billion, divided into 100,000 ordinary shares valued at KES 1,000 each. Through this acquisition, AESL secures full ownership by acquiring 100 per cent of the shares through cash consideration.
PFC Consulting Limited (PFCCL) has transferred Kurnool III PS RE Transmission Limited, a special purpose vehicle (SPV), to Power Grid Corporation of India Limited (PGCIL) for strengthening the transmission system at Kurnool-III PS. The transfer took place on March 27, 2025. POWERGRID received the Letter of Intent (LoI) for the project on March 6, 2025….
The Ministry of New and Renewable Energy (MNRE) has updated the approved list of models and manufacturers (ALMM), making it easier for low-wattage solar modules used in off-grid applications to qualify. The change applies to category-III off-grid systems such as solar lamps, street lights, and fans. These systems, with modules under 200 Wp capacity, will…
Prime Minister Narendra Modi has laid the foundation stone for Avaada Group’s 1,560 MWp solar and 2,500 MWh battery energy storage project in Pugal, Rajasthan. He also inaugurated the company’s 200 MW AC (282 MWp) solar project at Shri Dungargarh in the Bikaner district. Together, the two projects represent an investment of over Rs 9,200…
The Asian Development Bank (ADB) has approved a USD 241.3 million financing package to enhance electricity distribution in West Bengal, ensuring a reliable and sustainable power supply. This program aligns with the revamped distribution sector scheme (RDSS) to strengthen operational efficiency in power distribution companies. The West Bengal Distribution System Strengthening Program will cover seven…
The Ministry of Power has decided to abolish the requirement for Power and Telecommunication Coordination Committee (PTCC) clearance for new transmission line projects, with effect from July 1, 2026. The decision follows a high-level meeting chaired by the Secretary (Power), where stakeholders reviewed delays linked to the PTCC process. The meeting included participation from the…
NTPC Limited has declared commercial operation of an additional 50 MW solar capacity under a larger 300 MW solar component of a 200 MW Round-The-Clock (RTC) renewable energy project in Rajasthan. The capacity is owned by Project Sixteen Renewable Power Private Limited, a step-down subsidiary of ONGC NTPC Green Private Limited, which is a joint…