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Exicom acquires Tritium for USD 37 million

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Exicom, an EV charging solutions provider, has acquired Tritium, a global leader in direct current (DC) fast charging technology, for USD 37 million. As part of the acquisition, Exicom will establish a manufacturing facility in Hyderabad by the end of 2025 to produce advanced EV charging solutions using Tritium’s technology.

The acquisition includes absorbing Tritium’s entire workforce of 300 employees, allowing Exicom to enhance its operational capabilities across multiple geographies. Tritium’s expertise in designing and manufacturing DC fast chargers, tailored to withstand India’s challenging weather conditions, will enable Exicom to localize these solutions and meet the growing demand for innovative EV charging infrastructure.

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NCT recommends major ISTS schemes worth over Rs 220 billion

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Himachal Pradesh advances green energy projects in Spiti

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Apraava Energy awarded transmission project in Rajasthan

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Hygenco invites bids for 1.1 GW RE to power green ammonia project

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Hygenco Green Energies Pvt Ltd has announced bids for over 1.1 GW (1125 MW) of renewable energy to support its upcoming Green Ammonia Project, marking the largest renewable power procurement tender for a green ammonia initiative in India. The company plans to source 625 MW from solar PV projects and 500 MW from wind power. This tender is designed to minimize risk for developers and ensure a transparent process, aiming to attract wide participation from…

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NTPC begins commercial operations of 32.9 MW solar plant in Bikaner

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NTPC has announced the commercial operations of a 32.9 MW solar plant in Bikaner, Rajasthan.  This is the third phase of the 300 MW Shambu ki Burj-2 (Kolayat) Solar PV Project, with operations commencing on October 31, 2024. With this addition, NTPC Group’s total installed and commercial capacity has reached 76,475.68 MW. The first phase of 150 MW and the second phase of 98.78 MW were already operational as of September. The Shambu ki Burj-2…

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Refex Green acquires full ownership of Sherisha Solar SPV Two

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Refex Green Power Limited (RGPL), a wholly-owned subsidiary of Refex Renewables & Infrastructure Limited, has acquired the remaining 51% equity stake in Sherisha Solar SPV Two Private Limited.  This acquisition increases RGPL’s ownership to 100%, making Sherisha Solar SPV Two a fully-owned step-down subsidiary.

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