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Refex Industries launches renewable energy subsidiary
Refex Industries Limited has established a wholly owned subsidiary, Venwind Refex Power Limited, with a subscribed capital of Rs 10 million comprising 100,000 fully paid equity shares at a face value of Rs 10 each. The subsidiary will focus on trading, manufacturing, production, assembly, distribution, and marketing of sustainable energy assets and their components. It…
Kalpataru reports record FY2025-26 pre-sales and collections
Kalpataru Limited has reported its strongest operational performance for FY2025-26, supported by record pre-sales, higher collections and improved sales realizations across key projects in the Mumbai Metropolitan Region (MMR). The company recorded its highest-ever annual pre-sales of Rs 5,280 crore during FY2025-26, registering a 17% increase from Rs 4,531 crore in the previous fiscal year….
MNRE issues EoI for vendors under PM Surya Ghar
The Ministry of New and Renewable Energy (MNRE) has issued an expression of interest (EoI) to expand the network of vendors under the PM-Surya Ghar: Muft Bijli Yojana. The initiative aims to accelerate the deployment of residential rooftop solar systems by increasing the vendor network from the current 8,000 to 25,000. REC Limited’s vendor management…
Powercon wins O&M contract for REMCL’s 26 MW wind project in Rajasthan
Rail Energy Management Company Limited (REMCL) has awarded a long term Operations and Maintenance (O&M) contract to POWERCON for its 26 MW wind power project in Rajasthan, marking the transition of the project into its next operational phase. The wind project comprises 13 Wind Turbine Generators (WTGs) of Inox Wind, each with a capacity of…
PFC incorporates SPV for Fatehgarh-II synchronous condenser project
Power Finance Corporation Limited (PFC) has announced the incorporation of Fatehgarh II Transmission Limited as a wholly owned subsidiary of PFC Consulting Limited (PFCCL), which is itself a wholly owned subsidiary of PFC. The special purpose vehicle (SPV) has been formed for the installation of two Synchronous Condenser (SynCon) units at the 765/400/220 kV Fatehgarh-II…
Madhya Pradesh CM discusses solar investment with Grew Energy
Grew Energy plans to invest up to Rs 100 billion in Madhya Pradesh, including a 3.0 gigawatt solar cell project in Narmadapuram district, according to The Economic Times. The announcement followed a meeting between Chief Minister Mohan Yadav and Grew Energy CEO Vinay Thadani during the Chief Minister’s official visit to Dubai. The solar cell…
