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KPIL secures Rs 2,003 crore in new EPC orders
By December 10, 2025December 10, 2025

Kalpataru Projects International Limited has received new contracts worth about Rs 2,003 crore across its domestic and international operations. The company announced the wins in a press release dated 10 December 2025. The orders fall under the Buildings and Factories segment in India and the Power Transmission and Distribution business in India and overseas. The company said the Transmission and Distribution awards expand its presence in key markets. Manish Mohnot, Managing Director and Chief Executive…

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India | News | Renewable Energy

GIP to invest up to Rs 3,000 crore in Aditya Birla Renewables
By December 10, 2025December 10, 2025

Global Infrastructure Partners, part of BlackRock, will invest up to Rs 3,000 crore in Aditya Birla Renewables Limited. The company has said that the investment values the platform at about Rs 14,600 crore. GIP will provide Rs 2,000 crore in stages through compulsory convertible preference shares and equity shares. It also holds a greenshoe option to add Rs 1,000 crore in equity. Essel Mining and Industries Limited will separately invest Rs 500 crore this financial…

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India | News | Renewable Energy

Kundan Green and Havells plan captive solar project in Rajasthan
By December 10, 2025December 10, 2025

Kundan Green Energy has entered a partnership with Havells India Limited to set up a captive solar project in Rajasthan through a special purpose vehicle (SPV) called Kundan Solar (Pali) Private Limited. The project involves an investment of Rs 725 million and will supply captive power to Havells. Kundan Green Energy and Havells will work through the SPV to design, develop, install and operate a 21.43 MWp or 15 MWAC solar plant. Havells will hold…

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India | News | Renewable Energy

Exicom and EONEX Energy sign MoU to deploy BESS projects
By December 10, 2025December 10, 2025

Exicom has signed a memorandum of understanding with EONEX Energy, a DVN Energy Group-backed company, to deploy megawatt-hour-scale lithium-ion battery energy storage systems across Southern India. The partnership focuses on commercial, industrial and renewable integrated applications. The two companies plan to jointly develop and install systems intended to support peak load management. The systems will be designed to improve the use of solar power through advanced storage integration and to provide a reliable supply for…

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India | News | Renewable Energy

Avaada signs MoU to set up green hydrogen Centre of Excellence in Odisha
By December 9, 2025December 9, 2025

Avaada Group has signed a memorandum of understanding with GRIDCO and the Indian Institute of Technology Bhubaneswar to establish a Centre of Excellence in Odisha focused on green hydrogen. The centre will conduct advanced research on storage, industrial use and mobility applications. It will also study the technical and economic feasibility of new hydrogen technologies. Under the agreement, Avaada Group will create an extension facility of the Centre of Excellence at its production site in…

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India | News | Renewable Energy

Mufin Green Finance raises Rs 900 million through listed NCD issuance
By December 9, 2025December 9, 2025

Mufin Green Finance Limited has raised Rs 900 million through a private placement of secured, rated and listed non convertible debentures. The proceeds will support the company’s rooftop and commercial solar installations, electric mobility initiatives and health insurance premium financing. The company issued 9,000 non convertible debentures priced at Rs 0.1 million each. The instruments carry an 11.75 per cent coupon paid semi annually and have a tenure of 4 years, 11 months and 23…

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India | News | T&D

Power Minister launches CEA’s Stellar tool
By December 9, 2025

The Minister of Power Shri Manohar Lal launched the Strategic Expansion for Long Term Load Adequacy and Resilience tool developed by the Central Electricity Authority. He said that Artificial Intelligence and Machine Learning will be central to building consumer-focused, self-optimising and reliable distribution networks. He was speaking at the two-day National Conference on AI and ML in the power distribution sector at Bharat Mandapam in New Delhi. He said that AI and ML can strengthen…

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India | News | T&D

Transrail Lighting secures Rs 822 crore EPC orders
By December 9, 2025December 9, 2025

Transrail Lighting Limited has announced fresh engineering procurement and construction orders worth Rs 822 crore. The wins include a turnkey EPC contract for a 400 kV transmission line in a Gulf Cooperation Council region and additional contracts in civil works and poles, and lighting. With these additions, the company’s order inflows for FY26 have crossed Rs 5,110 crore. The company also holds an L1 position of more than Rs 2,000 crore, which strengthens visibility on…

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Electric Mobility | India | News

IFC invests in India’s first integrated battery materials facility
By December 9, 2025December 9, 2025

The International Finance Corporation has invested about 50 million dollars in GFCL EV Products Limited, a subsidiary of Gujarat Fluorochemicals Limited. The investment has been made through compulsorily convertible instruments and will support the development of India’s first fully integrated battery materials facility in Noida. GFCL EV Products Limited was founded in 2021 and is based in Gujarat. It is part of the INOX and Gujarat Fluorochemicals Limited Group. The company manufactures advanced battery chemicals…

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India | News | T&D

Diamond Power wins cable supply order from AGEL
By December 9, 2025December 9, 2025

Diamond Power Infrastructure Limited has received a letter of intent from Adani Green Energy Limited to supply 33 kV, 2,126 km high voltage cables and 3.3 kV, 3,539 km solar medium voltage cables. The order is valued at Rs 7.47 billion and will support AGEL’s renewable energy project in Khavda in Gujarat and in Rajasthan. The company will supply the cables between January 2026 and December 2026. The order expands Diamond Power Infrastructure’s involvement in…

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