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Adani Green Energy forms new subsidiary for renewable power generation
Adani Green Energy Limited has set up a new step-down subsidiary, Adani Ecogen Three Limited, to focus on renewable power generation. The company disclosed the development in a stock exchange filing on 22 September 2025. According to the filing, the subsidiary was incorporated by Adani Renewable Energy Holding Eleven Limited, a wholly-owned arm of Adani…
SWELECT Energy to raise Rs 1.38 billion through NCDs
SWELECT Energy Systems has announced plans to raise Rs 1.38 billion through the issuance of 1,385 non-convertible debentures (NCDs) with a face value of Rs 1 million each via private placement. These secured, unlisted, rated, redeemable, non-cumulative, taxable NCDs will carry a 12.5-year tenure and an average interest rate of 9.5%. The funds raised will…
Sembcorp to build 300-MW wind-solar hybrid project for NTPC
Singapore-based Sembcorp Industries has been awarded the contract to build, own, and operate a 300-MW wind-solar hybrid power project for NTPC, as part of NTPC’s 1.2-GW renewable energy bid. The project will connect to India’s inter-state transmission system and is scheduled to commence commercial operations within 24 months. This project will boost Sembcorp’s renewable capacity…
Insolation Green to develop 226 MW solar projects across Rajasthan
Insolation Green Energy Pvt Ltd, a wholly-owned subsidiary of Insolation Energy Ltd, has secured a mandate to set up more than 226 MW of solar photovoltaic capacity across 135 sites in Rajasthan. According to a company release, the subsidiary has received a letter of intent covering design, survey, installation, testing, commissioning, and 25 years of…
Avaana Capital raises $135-mn climate-tech VC fund
Avaana Capital, India’s climate-focused venture capital firm, has infused its Avaana Climate and Sustainability Fund with USD 135 million, supported by prominent institutional investors, including the Green Climate Fund (GCF). Anjali Bansal, partner at Avaana Capital, highlighted the significance of this support, emphasizing the role of innovation in driving climate action and creating long-term impact….
Godrej Enterprises wins 98 MWp open-access solar EPC order in Haryana
Godrej Enterprises Group’s (GEG) Energy Solutions Business has secured an engineering, procurement and construction (EPC) contract to develop a 98 MWp (70 MW AC) open-access solar power plant in Sirsa, Haryana. The company stated that this is its largest order by capacity to date and the largest open-access solar project in the state. The project…
