ACME Urja One Private Limited, a wholly owned subsidiary of ACME Solar Holdings Limited, has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited (SECI) for a 190 MW Inter-State Transmission System (ISTS)-connected wind-solar hybrid project with assured peak power supply. The 25-year PPA was executed on February 18, 2026. The…
Two companies under the INOXGFL Group have been declared successful bidders to acquire the Independent Power Producer (IPP) and Operations & Maintenance (O&M) businesses of Wind World India Limited. The transactions were executed through a consortium led by Inox Neo Energies and were finalised after approval from the Committee of Creditors (CoC) under the Corporate…
PFC Consulting Limited (PFCCL), acting as Bid Process Coordinator, has issued a Request for Proposal (RfP) to select a Transmission Service Provider (TSP) for installation of two synchronous condenser units at the 765/400/220kV Fatehgarh-II Pooling Station in Rajasthan. The project is intended to strengthen grid stability in a region with rapid renewable energy integration. The…
Power Mech Projects Limited has informed stock exchanges that it has secured large-scale contracts exceeding Rs 1,000 crore. The orders were awarded by two subsidiaries of Adani Power Limited and relate to erection, testing, and commissioning activities for ultra-supercritical thermal power projects located in Uttar Pradesh and Madhya Pradesh. In a regulatory filing dated February…
Pace Digitek Limited has informed stock exchanges that its material subsidiary, Lineage Power Private Limited, has secured a purchase order valued at USD 1,346,210 from an international client for mobile battery energy storage systems. In a regulatory filing dated February 18, 2026, the company stated that the order was issued by Yaqin Chem under purchase…
The Global Energy Alliance for People and Planet (GEAPP) has launched the India Grids of the Future Accelerator at Mumbai Climate Week 2026, committing up to $25 million to modernise power distribution infrastructure. The platform aims to help utilities integrate renewable energy and storage while preparing grids for rising electricity demand. GEAPP signed memoranda of…
CleanMax Enviro Energy has fixed a price band of Rs 1,000 to Rs 1,053 per share for its initial public offering (IPO). The issue will open for subscription on February 23, 2026, and close on February 25, marking a listing focused on the private-sector renewable energy market. The IPO comprises a fresh issue of shares…
The Multilateral Investment Guarantee Agency (MIGA), part of the World Bank Group (WBG), has issued a $197.67 million guarantee to support refinancing of a $500 million World Bank loan extended to State Bank of India (SBI) for grid-connected rooftop solar projects. The five-year guarantee aims to accelerate the deployment of solar systems for commercial and…
Indian clean-technology company Greenzo Energy has signed a strategic memorandum of understanding (MoU) with Lord’s Mark Industries to develop about 60 MW of green hydrogen projects in Uttar Pradesh. The facilities will be located across four cities and will integrate captive solar power and battery storage to support distributed hydrogen production. The projects are planned…
Larsen & Toubro (L&T) has proposed a venture with NVIDIA to build gigawatt-scale artificial intelligence infrastructure in India. The collaboration was announced at the India AI Summit on February 18, 2026, to position India as a global centre for sovereign AI development and large-scale deployment. The partnership supports the Government of India’s India AI Mission…