Ecoren Group has signed a MoU with the Andhra Pradesh government to develop large scale clean energy projects in the state. The company plans to invest Rs 762.50 billion and build 8 GW of renewable energy capacity along with 1.25 million tonnes per annum of green molecules. The initiative is expected to generate more than…
Ceigall India Ltd is set to take over the Velgaon intrastate transmission scheme in Maharashtra after receiving the letter of intent from REC Power Development and Consultancy on 23 November 2025. The project will be developed under the tariff-based competitive bidding framework. REC Power Development and Consultancy named Ceigall India the L1 bidder with a…
Power Finance Corporation has incorporated a new Special Purpose Vehicle named NERGS III Siang Basin Transmission Limited. The entity is a wholly owned subsidiary of PFC Consulting Limited, which is fully owned by PFC. The SPV will implement the NERGS III Siang Basin transmission project. The Ministry of Power issued a Gazette Notification on 18…
Adani Green Energy Limited has created two new step-down subsidiaries to expand its renewable energy portfolio. The companies, Adani Hydro Energy Thirteen Limited and Adani Hydro Energy Sixteen Limited, were incorporated on 21 November 2025 and are fully owned by Adani Saur Urja KA Limited. AGEL notified BSE and the National Stock Exchange through a…
TotalEnergies is reportedly preparing to sell up to 6 per cent of its holding in Adani Green Energy Limited. The stake is valued at about USD1.14 billion, and the company is exploring the move to realise part of the gains from its investment. TotalEnergies holds nearly 19 per cent in Adani Green through two subsidiaries….
The Kidston pumped hydro project in Queensland has been added to the Australian Energy Market Operator’s management system, marking the first new pumped hydro asset to join Australia’s main grid in four decades. The registration on November 18 allows the first of two 125 MW units to be energised, starting a detailed commissioning phase. The…
CERC will hold an online public hearing on December 3, 2025, to finalize the value of X used to calculate deviation percentages for wind and solar sellers under the Deviation Settlement Mechanism and Related Matters Regulations, 2024. The new framework will apply from April 1, 2026. The hearing follows a consultation launched on September 10,…
The winter session of Parliament will take up a proposal to allow private participation in the civil nuclear sector. The Bill is listed for introduction when the session begins on December 1. The proposal sits alongside the Atomic Energy Bill, 2025. This Bill outlines a framework for the use and regulation of atomic energy and…
GameChange Solar will scale its transformer manufacturing capacity in India by about six times through its new subsidiary, GameChange BOS. The expansion targets growing global demand and a stronger position in the domestic market. The company recently opened its first medium voltage transformer plant in Taloja, Maharashtra. The greenfield facility can produce 1,800 to 2,000…
Tata Power and Druk Green Power Corporation have signed commercial agreements to implement the 1,125 MW Dorjilung hydropower project in Bhutan. The project will be developed through a new special-purpose vehicle in which DGPC will hold 60 per cent equity and Tata Power will hold 40 per cent. Tata Power plans to invest about Rs…