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UK and Odisha partner to boost clean energy and net-zero goals
The UK Government and Odisha Energy Department are collaborating to accelerate Odisha’s transition to net zero. The collaboration focuses on clean energy, industrial decarbonisation, and urban sustainability, with plans to add 10.9 GW of renewable energy by 2029-30. Odisha has also set intermediary energy transition targets for 2036 and 2047. Key initiatives include expanding renewable…
India | Leadership | NewsREC appoints Rajesh Kumar as Director (Finance) and CFO
REC Limited has appointed Shri Rajesh Kumar as Director (Finance) and Chief Financial Officer (CFO), effective April 2, 2026. The company’s Board of Directors approved the appointment at its meeting held on April 15, 2026. The move follows an intimation submitted by REC to the stock exchanges on April 2, 2026. Shri Rajesh Kumar’s elevation…
Madhya Pradesh secures investments from SECI, NTPC, Adani
Madhya Pradesh has signed multiple Memorandums of Understanding (MoUs) with key energy companies at the Global Investors Summit 2025, securing investments across renewable energy, pumped storage, and other infrastructure projects. These include: SECI: The Solar Energy Corporation of India Limited (SECI) signed an MoU with the state government to develop a 200 MW solar project…
Sunsure Energy raises Rs 606 crore debt, adds RBL Bank as lender
Sunsure Energy has secured Rs 606.22 crore in debt financing for solar projects across Maharashtra and Uttar Pradesh, with RBL Bank entering as a new lender alongside existing financier Aseem Infrastructure Finance Limited. RBL Bank has extended Rs 144.46 crore to refinance Sunsure’s solar project in Augasi, Uttar Pradesh, marking its first exposure to the…
Prostarm, Topband sign MoU to assemble BESS in India
Prostarm Info Systems Limited has signed a memorandum of understanding (MoU) with Shenzhen Topband Co. Ltd. to explore collaboration for manufacturing battery energy storage systems (BESS) in India under a semi-knocked down (SKD) model, according to a regulatory filing dated April 7, 2026. The company’s board approved the MoU on April 7, 2026. Under the…
Blykalla and ABB partner to develop SMR pilot facility in Sweden for nuclear innovation
Swedish nuclear power company Blykalla has joined forces with engineering giant ABB to develop an electric small modular reactor (SMR) pilot facility in Oskarshamn, southern Sweden. The companies signed a Memorandum of Understanding (MOU) to collaborate on SMR technology that aligns with Sweden’s clean energy and decarbonisation goals. This initial project will focus on constructing…
