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Kosol Energie signs Rs 520 billion MoU to expand green energy in Gujarat
Kosol Energie Private Limited has signed a memorandum of understanding (MoU) worth Rs 520 billion at the Vibrant Gujarat Regional Conference. The investment will support the development of solar, green hydrogen, and green ammonia projects across the state. The company plans to use the capital to establish large-scale renewable energy parks, advanced manufacturing facilities, and…
PFC incorporates SPV for Fatehgarh-II synchronous condenser project
Power Finance Corporation Limited (PFC) has announced the incorporation of Fatehgarh II Transmission Limited as a wholly owned subsidiary of PFC Consulting Limited (PFCCL), which is itself a wholly owned subsidiary of PFC. The special purpose vehicle (SPV) has been formed for the installation of two Synchronous Condenser (SynCon) units at the 765/400/220 kV Fatehgarh-II…
PGCIL to merge 17 TBCB subsidiaries into two entities
Power Grid Corporation of India Limited (PGCIL) has proposed the merger of 17 Inter-State Transmission System (ISTS) subsidiaries, set up under the Tariff Based Competitive Bidding (TBCB) route, into two existing TBCB subsidiaries. Under Part 1 of the plan, five subsidiaries will be amalgamated into Vataman Transmission Limited. These include: Bhadla III Transmission Limited Ramgarh…
Inox Wind secures 229 MW in new orders from leading renewable developers
Inox Wind Limited (IWL) has announced new wind turbine orders totalling 229 MW. The company has received a 160 MW order from a leading independent power producer (IPP), including a firm order of 112 MW with an option to extend by another 48 MW. The project will use Inox Wind’s 3.3 MW turbine generators and…
Solarium Green secures Rs 17.38 mn rooftop solar order from NVVNL
Solarium Green Energy Limited has won a rooftop solar contract worth approximately Rs 17.38 million from NTPC Vidyut Vyapar Nigam Limited (NVVNL) for a 500 kW grid-connected rooftop solar project at IGM Noida. The contract includes Rs 12.43 million for the supply of plant and equipment, Rs 1.77 million for transportation, insurance, installation, and safety…
Hitachi Energy to supply 30 high-voltage transformers to Powergrid
Hitachi Energy India Limited, on 26 June 2025, won a contract from Power Grid Corporation of India Limited (PGCIL) to supply 30 units of 765 kV, 500 MVA single-phase transformers. The 765 kV transformers will be manufactured at Hitachi Energy’s facility in Maneja, Gujarat. These units are key to managing high-capacity power flows and are…
