Gensol Engineering Limited has incorporated three new subsidiaries: Innogrid Energy Private Limited, Hari Shakti Energy, and Shakti Sangini Energy Private Limited.Â
Gensol has subscribed to 10,000 equity shares in each subsidiary, representing 100 percent of their total share capital, with an investment of Rs 100,000 per company. These subsidiaries are now wholly-owned by Gensol Engineering.
Tamil Nadu Green Energy Corporation Limited (TNGECL) plans to develop 100 MW cumulative wind-solar hybrid power projects in the state. The projects are expected to be set up on a design, build, own, operate, and transfer (DBOOT) basis in Thoothukudi and Kanyakumari districts. TNGECL is preparing a detailed project report (DPR) for the initiative.
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has signed key agreements for deploying 3.32 million smart prepaid meters in Gujarat under Phase II of the Revamped Distribution Sector Scheme (RDSS). The agreements were signed with Paschim Gujarat Vij Company Limited (PGVCL) and cover both the project implementation agency…
KP Energy Limited has commissioned a 2.8 MW wind turbine generator (WTG) under its 28.6 MW wind power project at Vagra in Bharuch, Gujarat, on February 22, 2025, marking the full completion of the project. The project, developed under the Independent Power Producer (IPP) segment, will supply power to Gujarat Urja Vikas Nigam Limited (GUVNL)…
India’s solar manufacturing capacity is set to expand significantly with new projects announced by Saatvik Solar Industries, Solarium Green Energy, and Ahaan Solar. Saatvik Solar Industries Private Limited, a wholly owned subsidiary of Saatvik Green Energy Limited (SGEL), has begun work on a 4 GW solar photovoltaic (PV) module manufacturing plant in Odisha. This is…
NTPC and ONGC are establishing a joint venture to expand into the renewable energy sector through their subsidiaries, NTPC Green Energy and ONGC Green Energy. A 50:50 joint venture company (JVC) application has been submitted to the Ministry of Corporate Affairs, advancing both companies’ commitment to renewable energy. This JVC will focus on various renewable…
The Ministry of Coal’s Nominated Authority opened bids for six underground coal blocks under the 12th round of commercial coal auctions. Bids were received for only two blocks. Only two of the six blocks received bids, with a total of 14 bids submitted for these blocks. Both are non-coking coal blocks located in the Rajgamar…