The Government of India has applied for a USD 186 million loan from the Asian Infrastructure Investment Bank (AIIB) for the Assam Intra-State Transmission System Enhancement Project Phase II.Â
The initiative aims to strengthen Assam’s electricity transmission system by constructing new transmission sub-stations, upgrading existing ones, and installing optical power ground wire (OPGW) in the state.
The board of REC Limited has approved a market borrowing programme of up to Rs 1.6 lakh crore for the financial year 2026-27 (FY27), the company said in a stock exchange filing. The programme includes long-term bonds and non-convertible debentures (NCDs), external commercial borrowings (ECBs) including foreign currency term loans, green bonds and ESG bonds,…
The Government of Assam is pushing ahead with a large-scale infrastructure push across thermal, hydro, and green sectors. The Cabinet has cleared the 3,400 MW Dhubri Thermal Power Project and the 900 MW West Karbi Anglong Pumped Storage Project. A new green investment fund has also been approved. The Dhubri project is planned in Chirakuta…
Power Grid Corporation of India Limited (Powergrid) has received approval to raise up to Rs 60 billion through its 81st bond issue via private placement. The decision was cleared by the company’s Committee of Directors for Bonds on April 4, 2025. The bonds—named POWERGRID Bonds–LXXXI (81st Issue) 2025–26—will be unsecured, non-convertible, non-cumulative, redeemable, and taxable….
Adani Power and Druk Green Power Corporation Ltd. (DGPC) have formalised agreements with the Royal Government of Bhutan to develop the 570 MW Wangchhu hydroelectric project, with construction expected to begin in 2026. The Shareholders Agreement for the project was signed between Adani Power and DGPC, alongside the initialling of the Power Purchase Agreement. The…
The West Bengal State Electricity Distribution Company Limited (WBSEDCL) has invited bids for the supply, installation, operation, and management of electric vehicle (EV) charging and battery-swapping stations across the state. The tender aims to establish 245 stations at key locations, including Kolkata and major national and state highways, under a revenue-sharing model. According to the…
Primergy Solar has secured $225 million in project financing for its Valley of Fire (VoF) renewable energy portfolio across Nevada, Colorado, and Arizona. This financing includes a $125 million tax credit sale for the Gemini Solar + Storage project and a $100 million revolving credit facility from Rabobank to support additional VoF developments. The VoF…