Adani Renewable Energy Fifty Six Limited, a wholly-owned subsidiary of Adani Green Energy Limited (AGEL), has started commercial operations of a 50 MW solar power project on May 15, 2025. The project is part of the 30,000 MW Khavda Wind-Solar Hybrid Renewable Energy Power Park in the Rann of Kutch, Gujarat. The Khavda park includes…
Vikram Solar Private Limited has secured a contract for the supply of 326.63 MW of solar photovoltaic (PV) modules for the 500 MW Khavda Solar PV Project – Phase XX in Gujarat. The project is being developed by Gujarat Industries Power Company Limited (GIPCL) in the Rann of Kutch district. Awarded on May 12, 2025,…
Solex Energy Limited reported a total income of Rs 6.658 billion for FY 2024–25, up 81 per cent from Rs 3.680 billion in FY 2023–24. Profit after tax surged to Rs 427.9 million, a 390 per cent increase from Rs 87.3 million. Earnings per share (EPS) rose to Rs 43.82, reflecting a 301 per cent…
R S Infraprojects Private Limited has secured a contract worth Rs 1,144.64 million under the Jharkhand Power System Improvement Project. The contract covers the construction of two 220 kV double-circuit (DC) transmission lines. The first line will run 47.7 km from Chaibasa (PGCIL) to Jadugoda (New), while the second will span 51.3 km from Chandil…
The Government of Karnataka signed a Memorandum of Understanding with GAIL (India) Limited on May 9, 2025. The agreement aims to develop 1,000 MW of renewable energy projects in the state by 2030. Under the MoU, the state government will assist GAIL in securing all necessary permissions, approvals, clearances, registrations, and incentives through relevant departments….
APM Projects Private Limited has received a Letter of Acceptance worth Rs 487.34 million to develop a 10 MW grid-connected solar power project in Lakhanpur, Odisha. The project will be located at Kirarama village in the Lakhanpur area of Mahanadi Coalfields Limited (MCL). Bids were invited in November 2024 by Central Mine Planning and Design…
Navlai Infra has secured a Letter of Award worth Rs 1,697.5 million for setting up a total of 37 MW solar photovoltaic (PV) power projects. These will be installed at multiple locations along the Hindu Hrudaysamrat Balasaheb Thackeray Maharashtra Samruddhi Mahamarg (HHBTMSM) Expressway in Maharashtra. The award is part of the 250 MW solar PV…
The joint venture of Alpex Solar Private Limited and NVNR Power and Infra Private Limited has received a Letter of Award worth Rs 3,499.93 million. The project involves setting up a 70 MW solar power plant at Nandan Washery of Western Coalfields Limited (WCL) in the Kanhan area of Damua, Madhya Pradesh. The award was…
Blupine Energy Private Limited has achieved financial closure for its 100 MW grid-connected solar power project under Gujarat Urja Vikas Nigam Limited (GUVNL) Phase XXII. The project will come up in Tharad, Banaskantha, Gujarat. The company secured Rs 3.76 billion in debt financing from Standard Chartered Bank for the project. Blupine is executing the project…
NHPC Limited and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) have signed a Memorandum of Understanding (MoU) to develop two pumped storage projects (PSPs) of 1,000 MW each in Rajasthan. The projects will be implemented through a joint venture (JV) between the two entities. This move strengthens NHPC’s presence in Rajasthan, where it recently began…