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EU Hydrogen Mechanism draws strong response in first round
The European Commission has completed the first round of activities under the Hydrogen Mechanism, part of the EU Energy and Raw Materials Platform. The initial phase recorded strong participation from both hydrogen producers and offtakers, indicating growing interest in structured market development. In this round, 265 supply-side projects were registered, covering renewable and low-carbon hydrogen…
Waaree Energies completes acquisition of Waaree Semicon
Waaree Energies Limited has completed the acquisition of a 100% equity stake in Waaree Semicon Private Limited (WSPL) through its wholly owned subsidiary, Waaree Power Private Limited (WPPL). The transaction was completed for a total consideration of Rs 1 lakh. Following the acquisition, WSPL has become a step-down subsidiary of Waaree Energies with effect from…
POWERGRID forms Kenya SPV for transmission PPP project
Power Grid Corporation of India Limited (POWERGRID) has incorporated a Special Purpose Vehicle (SPV) in Kenya for the Kenya Transmission Public-Private Partnership (PPP) Project. The entity, Mwanga Transmission Company Limited, has been registered as a private limited company under the Kenyan Companies Act, 2015. The Certificate of Incorporation was issued by the Registrar of Companies…
VSL Renewable to manage APGENCO’s 527 MWp solar plant
VSL Renewable Services has secured a three-year operation and maintenance contract for Andhra Pradesh Generation Company Limited’s (APGENCO) 527 MWp solar power plant in Tadipatri, Andhra Pradesh. The contract is designed to improve plant performance and ensure stable energy output. VSL will handle daily monitoring, predictive maintenance, and scheduling tasks to match electricity generation with…
India | Generation | NewsJSW, Torrent Power get EAC nod for 1,600 MW coal plants in West Bengal, MP
The Expert Appraisal Committee (EAC) for Thermal Projects has recommended environmental clearance for two coal-based ultra-supercritical power projects of 1,600 MW each at its 40th meeting. The proposals, submitted by JSW Thermal Energy Limited and Torrent Power Limited, each comprise two units of 800 MW and adopt similar configurations, including domestic coal sourcing under the…
Sterlite Electric files DRHP with SEBI for IPO
Sterlite Electric Limited, formerly known as Sterlite Power Transmission Limited, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). The IPO will consist of a fresh issue of up to 7.793 million equity shares and an offer for sale of up…
