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NLC India Renewables eyes Rs 40 billion IPO in FY26–27
NLC India Renewables is likely to launch an initial public offering (IPO) worth Rs 40 billion in the first half of FY26–27, according to sources cited by Zee Business. The company may file its draft papers with the Securities and Exchange Board of India (SEBI) by March 2026. The IPO plan comes as part of…
Saft wins 356 MWh BESS contract with Foxwell Power in Taiwan
Saft, a subsidiary of TotalEnergies, has secured a major contract with Foxwell Power Company in Taichung, Taiwan, to deliver a 356 MWh lithium-ion battery energy storage system. The project, Saft’s eleventh in Taiwan, will expand the company’s installed base in the country to 630 MWh. The Taichung project, developed by Foxwell Power, a subsidiary of…
HP Green R&D Centre inks tie-up with EIL for hydrogen technology
Hindustan Petroleum Corporation’s R&D arm, HP Green R&D Centre (HPGRDC), has entered a collaboration with Engineers India Limited (EIL) to commercialise its indigenous hydrogen pressure swing adsorption (HP-PSA) technology. Under this partnership, HPCL will act as the “Technology Licensor,” while EIL will be the exclusive “Technology & Engineering Partner,” responsible for engineering, marketing, and commercialising…
Hinduja Renewables signs solar PPAs with Lloyd Metals
HR Godavari Private Limited, the special purpose vehicle (SPV) of Hinduja Renewables Energy Private Limited, has signed two power purchase agreements (PPAs) with Lloyd Metals and Energy Limited. These PPAs cover the supply of 60.7 MW (86.05 MWp) of solar power under a captive model. The agreements include one PPA for 10.7 MW (16.05 MWp)…
Ceigall India forms SPV for 220 MW Morena solar project
Ceigall India Limited has incorporated a wholly owned subsidiary, Ceigall Morena Solar BESS Park Limited, to execute a 220 MW solar project in Madhya Pradesh. The entity was incorporated in India on February 13, 2026, as a Special Purpose Vehicle (SPV) for a project awarded by Rewa Ultra Mega Solar Ltd. The Letter of Award…
Adani Green forms two new renewable energy subsidiaries
Adani Green Energy Limited has set up two new wholly owned subsidiaries to support its planned growth in renewable power. The entities, Urjasetu Renewables Limited and Hydrobloom Power Limited, were incorporated on 02 December 2025 by Adani Renewable Energy Holding Eleven Limited. The company reported the move in a filing to the BSE and NSE…
