Gensol Engineering Limited has secured an engineering, procurement, and construction (EPC) contract for a 275 MW solar photovoltaic project at the Khavda Rann renewable energy solar park in Kutch, Gujarat.Â
The project, valued at Rs 10.61 billion, also includes three years of operations and maintenance.
Pacific Gas & Electric (PG&E) has secured a record $15 billion loan guarantee from the US Department of Energy (DOE). The loan guarantee, the largest in the history of the DOE’s Loan Programs Office, will enable PG&E to expand hydropower generation, battery storage, upgrade transmission capacity with reconductoring and grid-enhancing technologies, and establish virtual power…
Adani Power Limited’s subsidiary, Moxie Power Generation Ltd, has received a Letter of Award from Tamil Nadu Power Distribution Corporation Limited (TNPDCL) to supply 558 MW of power for five years, providing long-term revenue visibility for the company’s Tuticorin plant. Moxie Power emerged as the lowest bidder in a competitive bidding process, quoting a tariff…
The Government of Kerala (GoK) has allocated Rs 11,567.6 million for energy development in the 2025-26 state budget. The funds will support solar, hydro, and green hydrogen projects, along with energy storage and conservation initiatives. For the non-conventional and renewable energy sector, Rs 679.6 million has been allocated, including Rs 511 million for the Agency…
Japan Bank for International Cooperation (JBIC) has signed an agreement with Power Finance Corporation Limited (PFC) to finance renewable energy projects in India. Under the agreement, JBIC and PFC will establish a credit line of Rs 66.73 billion (120 billion JPY), with JBIC contributing Rs 40.04 billion (72 billion JPY). This initiative is part of…
Power Finance Corporation Limited (PFC) has completed the transfer of two wholly owned subsidiaries held through its subsidiary, PFC Consulting Limited, to successful bidders. The transfers were finalised on February 3, 2026, following completion of the bidding process. PFC stated that the transactions were conducted at arm’s length and are not related to any promoter…
Power Mech Projects Limited has received an order worth Rs 370.84 crore from Mahan Energen Limited, a subsidiary of Adani Power Limited. The contract covers civil works and the erection of prefabricated structural steel for units 1 and 2 of the Mahan Phase-III power project at Singrauli, Madhya Pradesh. The scope of work includes the…