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India | Generation | NewsPatel Engineering emerges L1 for Renukaji Dam Package-1
Patel Engineering Limited (PEL) has been declared the lowest bidder (L1) by Himachal Pradesh Power Corporation Limited (HPPCL) for Package-1 of the Renukaji Dam Project, valued at Rs 910.08 crore including GST, the company announced on February 23, 2026. The project is located at Village Dadahu in Tehsil Renuka, District Sirmaur, Himachal Pradesh, and is…
Rayzon Solar to file Rs 15 billion IPO papers with SEBI
Rayzon Solar Limited plans to file draft papers with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) worth about Rs 15 billion. The offer will consist of a fresh issue of equity shares. The company has appointed leading investment banks to manage the issue. Proceeds from the IPO will…
Refex Green sets up three CBG SPVs for waste-to-gas projects
Refex Green Power Limited, a wholly owned subsidiary of Refex Industries Limited, has incorporated three new step-down subsidiaries to develop municipal solid waste-based bio-compressed natural gas (CBG) plants. The new entities are Refex CBG SPV Limited, Refex CBG SPV (Salem) Limited, and Refex CBG SPV (Madurai) Limited. Each of them has been established with a…
Adani Green begins operations on 480 MW wind-solar projects in Gujarat
Adani Green Energy Limited (AGEL) has started commercial operations on five renewable energy projects with a combined capacity of 480.1 MW. These projects are part of the massive 30,000 MW Khavda Wind-Solar Hybrid Renewable Energy Power Park in Gujarat’s Rann of Kutch. The projects, which went live on March 30, 2025, include both wind and…
Gansu Energy Bureau approves 750 kV Wuwei North project in China
The Gansu Provincial Energy Bureau has approved the 750 kV Wuwei North (Oasis) transmission and transformation project, an essential component of the ‘Gong Electricity into Zhejiang’ initiative. The project, being developed by State Grid Wuwei Power Supply Company, a subsidiary of the State Grid Corporation of China (SGCC), involves constructing a new 750 kV substation…
POWERGRID acquires Bellary Davanagere transmission SPV
Power Grid Corporation of India Limited (POWERGRID) has completed the acquisition of Bellary Davanagere Power Transmission Limited, a project-specific special purpose vehicle (SPV) formed for “Transmission system strengthening for integration of additional RE potential at Davanagere (0.25 GW) and Bellary (2.75 GW).” The transaction was finalised on February 12, 2026, after POWERGRID emerged as the…
