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JSW Energy unit secures Rs 444 crore BESS order from Bondada Renewable
JSW Energy PSP Eleven Limited (JEPEL), a step-down wholly owned subsidiary of JSW Energy Limited, has secured orders worth Rs 443.74 crore from Bondada Renewable Energy Private Limited, a wholly owned subsidiary of Bondada Engineering Limited, for the supply of Battery Energy Storage Systems (BESS) and Power Conversion Systems (PCS). According to a regulatory filing…
CG Power secures $99.2 million data centre transformer export order
CG Power and Industrial Solutions Limited has secured its largest-ever single order, valued at approximately Rs 900 crore ($99.2 million), from Tallgrass Integrated Logistics Solutions LLC, USA. The export contract covers the supply of power transformers for a large-scale data centre project in the United States, marking CG Power’s entry into the global data centre…
Waaree Energy raises Rs 1,003 crore for 20 GWh battery manufacturing plan
Waaree Energy Storage Solutions Private Limited (WESSPL), a subsidiary of the publicly listed Waaree Energies Ltd., has announced the completion of a strategic funding round totalling approximately Rs 1,003 Crores. The investment was received from a consortium of strategic investors, including family offices, high-net-worth individuals (HNIs), and institutional backers. The capital infusion is part of…
Romania signs EPC contract to extend life of Cernavoda NPP Unit 1
Romanian state-owned nuclear power producer Nuclearelectrica has signed a €1.9 billion ($1.97 billion) engineering, procurement, and construction (EPC) contract to extend the life of Unit 1 at the Cernavoda nuclear power plant. The contract was awarded to a consortium consisting of Ansaldo Nucleare, Candu Energy, AtkinsRéalis, Canadian Commercial Corporation, and Korea Hydro & Nuclear Power…
Elapath Energy and RenewableErgon to develop 150 MW solar project in Taiwan
Elapath Energy and RenewableErgon are set to develop a 150 MW solar project in Budai, Chiayi County, Taiwan, with an estimated investment of $250 million. The project is slated to begin its first phase in December 2024, pending approval from Taiwan’s Energy Administration under the Ministry of Economic Affairs (MOEA), and is expected to be…
SPV incorporated for Bhadla-Bikaner complex ISTS scheme
PFC Consulting Ltd (PFCCL) has formed a wholly-owned subsidiary, “Bikaner and Bhadla Transmission Complex Ltd,” to serve as the special purpose vehicle (SPV) for the project “Transmission system strengthening to facilitate evacuation of power from Bhadla/Bikaner Complex” aimed at evacuating renewable energy from Rajasthan to load centres in Delhi and Uttar Pradesh. The project, incorporated…
