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Goa plans Rs 11 billion investment in Verna, Tuem, and Kundaim substations
The Electricity Department of Goa is planning to develop three new substations at Verna, Tuem, and Kundaim over the next five years. The estimated investment across these projects is Rs 11 billion. The substations are expected to be built at a cost of Rs 4 billion each in Verna and Tuem, and Rs 3 billion…
Continuum Green Energy files DRHP to raise Rs 36.5 billion through IPO
Continuum Green Energy Limited has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) to raise Rs 36.5 billion. The IPO includes a fresh issue of shares worth Rs 12.5 billion and an offer for sale of Rs 24 billion by the…
Bondada Engineering wins Rs 627 crore BESS project in Andhra Pradesh
Bondada Engineering Limited has received a Letter of Award (LoA) from Andhra Pradesh Power Transmission Corporation Limited (AP TRANSCO) for a major Battery Energy Storage System (BESS) project valued at about Rs 627 crore. The project involves setting up a 225 MW / 450 MWh standalone BESS facility under a build-own-operate model in Andhra Pradesh….
Insolation subsidiary signs ALMM module supply MoU with Bondada Engineering
Insolation Energy Limited has announced that its wholly owned subsidiary, Insolation Green Energy Private Limited (IGEPL), has signed a memorandum of understanding (MoU) with Bondada Engineering Limited to supply solar modules for the 2027–2028 period. Under the agreement, IGEPL will act as a priority supplier of modules compliant with India’s Approved List of Models and…
PFCCL incorporates SPV for Satara pumped storage transmission project
PFC Consulting Limited (PFCCL), a wholly owned subsidiary of Power Finance Corporation Limited (PFC), has incorporated Satara Power Transmission Limited as a wholly owned subsidiary for the implementation of the “Network Expansion Scheme in Western Region to cater to pumped storage potential near Satara (up to 4500 MW) – Part A.” The transmission scheme has…
Foundation laid for 1,600 MW thermal power plant in West Bengal
The Government of West Bengal laid the foundation stone for a new 1,600 MW thermal power project at Salboni in Paschim Medinipur district on April 21, 2025. JSW Energy Limited also commenced construction on the same day. The greenfield project will use supercritical or ultra-supercritical technology and have two units of 800 MW each. It…
