Bondada Engineering Limited has secured a Rs 1.08 billion work order from the Bihar Renewable Energy Development Agency (BREDA) for the design, supply, installation, testing, and commissioning of smart solar streetlight systems across rural Bihar.
The project, under the Mukhyamantri Gramin Solar Streetlight Yojana, includes a five-year comprehensive maintenance contract and the integration of remote monitoring systems.
The contract is to be completed within 18 months.
The Ministry of Energy in Iran and the Ministry of Energy and Water Resources in Tajikistan are in discussions to enhance cooperation in electricity, water, and other key sectors. The talks, held within the framework of the joint economic committee, focused on boosting trade, facilitating Iranian business operations in Tajikistan, and advancing water and energy initiatives. Both countries expressed optimism about future partnerships, particularly in the energy sector. They aim to increase trade to USD…
Samaiden Group has entered into a joint venture (JV) with PT MCS Bina Energi to expand its renewable energy operations in Indonesia. The venture, made through Samaiden SG Private Limited, a subsidiary of Samaiden Group, will focus on solar photovoltaic systems, power plants, and build-own-operate-transfer projects. Samaiden holds a 70% stake in the JV, while MCS holds 30%. Samaiden will contribute technical expertise, while MCS will leverage its local business and regulatory knowledge.
Mining and metals conglomerate Vedanta plans to invest nearly Rs 1,000 billion in Rajasthan, with a significant portion earmarked for renewable power projects. Vedanta’s major businesses, including Hindustan Zinc and Cairn India, are based in Rajasthan. The company has already invested over Rs 1,000 billion in the state in recent years to create opportunities, strengthen industries, and empower communities. Looking ahead, Vedanta aims to invest an additional Rs 1,000 billion, with a focus on large-scale…
Global professional services firm WSP has announced its acquisition of Power Engineers, a prominent US-based consultancy in the power and energy sector, for $1.78 billion. This strategic move aligns with WSP’s vision to expand its services and enhance its position in the energy transition market. Power Engineers, which employs 4,000 people, including 900 shareholders, has been a key player in serving North American power utilities. The acquisition has been unanimously approved by the boards of…
JSW Neo Energy Limited (JSWNEL), a subsidiary of JSW Energy Limited, has acquired three special purpose vehicles (SPVs)—Hetero Wind Power Limited, Hetero Wind Power (Pennar) Private Limited, and Hetero Med Solutions Limited—from Hetero Labs Limited and Hetero Drugs Limited. These SPVs have a combined wind energy capacity of 125 MW. This acquisition aligns with JSW Neo Energy’s strategy to expand its renewable portfolio and supports its goal of achieving 10 GW of installed capacity by…
Axpo Nordic has entered a ten-year agreement with Norway-based Hydro Energi to supply 2.63 TWh of electricity between 2026 and 2035. The electricity will be delivered in the Swedish price area SE2, strengthening Hydro’s renewable energy portfolio. Mats Larsson, senior originator at Axpo Nordic, emphasized the companies’ 15-year partnership and Axpo’s expertise in delivering tailored energy solutions. Hydro will integrate this contract into its Nordic power portfolio, which includes 9.4 TWh of annual captive power…