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World Bank approves $500 million to modernize Indonesia’s grid
The World Bank has approved the Indonesia Electricity Network Transformation (I-ENET) Program, a $500 million operation to upgrade electricity distribution in Java, Madura, and Bali. The initiative is designed to improve the integration of renewable energy and accelerate the digitalisation of Indonesia’s grid. Indonesia’s rising electricity demand has so far been met mainly through fossil…
Adani Energy forms SPV for power T&D
Adani Energy Solutions Limited (AESL) incorporated Adani Energy Solutions Step-Ten Limited (AESSTL) on December 18, 2024. The special purpose vehicle (SPV) will focus on the transmission, distribution, and supply of power, along with other infrastructure services.
Zelestra explores $400–500 million India exit amid market optimism
Multinational energy firm Zelestra is preparing to sell its India business, estimated at $400–500 million, and has approached Brookfield, JSW Group, Sembcorp, Serentica, and Macquarie as potential buyers, reported Mint. The company has appointed JP Morgan to advise on the sale. The portfolio includes over 3 GW of hybrid renewable projects combining solar, wind, and…
Advait Energy Transitions emerges L1 bidder for two power projects
Advait Energy Transitions Limited (formerly Advait Infratech Limited) has the stock exchanges that it has emerged as the lowest bidder in two separate competitive tenders. The company received confirmations for both projects on 8 January 2026. Under the first project, awarded by Paschim Gujarat Vij Company Limited (PGVCL), Advait Energy has received bid confirmation for…
Global push for ultra-long electricity cables raises opportunities and challenges
Developers are studying projects to connect distant regions with electricity cables that could exceed 4,000 kilometres, the Financial Times reported. Potential links include Canada to the United Kingdom and Australia to Singapore. The idea is to harness renewable energy growth and balance electricity supply and demand by using differences in weather patterns and time zones….
India | Generation | NewsEAC clears 1,720 MW Kamala hydropower project; over 23 lakh trees to be felled
The Expert Appraisal Committee (EAC) for River Valley and Hydroelectric Projects has recommended environmental clearance for NHPC Limited’s (NHPC) 1,720 MW Kamala Hydroelectric Project in Arunachal Pradesh, while recording concerns over the proposed felling of more than 2.3 million trees. The recommendation was made at the EAC’s 47th meeting. The project, estimated at Rs 23,764…
