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India | Leadership | NewsInsolation Energy appoints Shreemat Pandey as independent director
Insolation Energy Limited announced the appointment of Mr. Shreemat Pandey as an Additional Non Executive Independent Director, effective February 5, 2026. The appointment was approved by the board and is subject to shareholder approval. Mr. Pandey is a retired Indian Administrative Service officer with 35 years of service. He holds a Bachelor of Technology in…
KPI Green signs MoU with Gujarat for 855 MW renewable projects
KPI Green Energy Limited has signed a Memorandum of Understanding (MoU) with the Government of Gujarat to develop renewable energy projects with a proposed investment of around Rs 4,000 crore. The MoU was signed on January 12, 2026, in Rajkot. Under the agreement, KPI Green plans to develop renewable energy projects with a combined capacity…
NTPC Green Energy and MAHAGENCO form JV for renewable energy parks
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, and Maharashtra State Power Generation Company Limited (MAHAGENCO) have established a joint venture company, MAHAGENCO NTPC Green Energy Private Limited (MNGEPL). The JV was incorporated on November 25, 2024. MNGEPL is a 50:50 partnership focused on developing, operating, and maintaining renewable energy parks in Maharashtra…
Power Ministry amends bidding rules for renewable energy procurement
On June 25, 2025, the Ministry of Power issued amendments to the guidelines for Tariff Based Competitive Bidding (TBCB) for procuring power from grid-connected renewable energy projects. The revised norms apply to solar, wind, wind-solar hybrid, and firm dispatchable power projects with energy storage. The changes were shared through a formal communication to stakeholders, including…
Neoenergia sells Baixo Iguaçu hydroelectric plant in Brazil
Neoenergia, Iberdrola’s Brazilian subsidiary, has sold its 70% stake in the Baixo Iguaçu Hydroelectric Power Plant to EDF and STOA for 1,430 million Brazilian reals (approximately €240 million). Located in Paraná, the plant has an installed capacity of 350 MW and assured energy of 172 MWm. This transaction supports Iberdrola’s asset rotation strategy, focusing on…
Marsons secures Rs 9.48 crore transformer repair order from WBSETCL
Marsons Limited has received a work order from West Bengal State Electricity Transmission Company Limited (WBSETCL) for the repair, inspection, and testing of 50 MVA, 132/33 kV power transformers, including to-and-fro transportation. The contract is valued at Rs 9,48,36,600, inclusive of Goods and Services Tax (GST). The execution timeline for the order is between six…
