NTPC Green Energy Limited has declared commercial operation for the 6.6 MW wind component of a 100 MW hybrid project in Bhuj, Gujarat. The project is owned by Ayana Renewable Power Four Private Limited, which is part of the NTPC Green Energy Limited group structure. The company issued the update in a regulatory filing dated…
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…
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…
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…
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…
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….
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…
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…
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…
Sri Lanka has secured a 100 million dollar policy loan from the Asian Development Bank (ADB) to advance reforms under the Power Sector Reforms and Financial Sustainability Program. The funding supports the unbundling of the Ceylon Electricity Board (CEB) under the 2024 Electricity Act and its 2025 amendment. The reforms aim to create separate entities…