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Powergrid wins bid for SR–WR interregional transmission project
Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder to develop the “Inter-Regional Strengthening between Southern Region (SR) Grid and Western Region (WR) Grid” project under the Tariff-Based Competitive Bidding (TBCB) framework. The company received the Letter of Intent on 29 September 2025. The project will be implemented on a Build,…
IEX Q3 profit rises 16.9% to Rs 1,073 million
Indian Energy Exchange (IEX) reported a profit after tax of Rs 1,073 million for the quarter ended December 2024, a 16.9% increase from Rs 918 million in the same period last year. The company’s consolidated revenue grew by 13.7% to Rs 1,605 million in Q3 FY2024, compared to Rs 1,412 million during the corresponding quarter…
Ganesh Green wins 1 GWh BESS EPC order from NTPC REL
Ganesh Green Bharat Ltd (GGBL) has secured a 1 GWh Battery Energy Storage System (BESS) engineering, procurement, and construction (EPC) contract from NTPC Renewable Energy Ltd (NTPC REL). The order marks the company’s expansion into the energy storage segment and strengthens its presence in grid-scale battery storage projects linked to renewable energy integration. Under the…
Adani Green establishes new subsidiary AGE68L
Adani Green Energy Limited (AGEL) has formed a wholly owned subsidiary, Adani Green Energy Sixty Eight Limited (AGE68L), under its subsidiary Adani Renewable Energy Holding Nine Limited. AGE68L will focus on power generation, development, distribution, and supply from wind, solar, and other renewable energy sources. Incorporated in Ahmedabad, Gujarat, AGE68L has an authorised and paid-up…
Suzlon wins 170 MW wind project order in Andhra Pradesh
Suzlon Energy Limited has secured a contract from AmpIn Energy Transition Private Limited for a 170.1 MW wind power project in Kurnool, Andhra Pradesh. The order was awarded on June 20, 2025. Suzlon will supply 54 units of its S144 wind turbine generators (WTGs), each with a rated capacity of 3.15 MW. These turbines will…
NHPC raises Rs 19.45 billion; NTPC to raise Rs 40 billion via bond issues
NHPC Limited has raised Rs 19.45 billion through the issuance of unsecured, redeemable, non-convertible, non-cumulative, taxable bonds (NCTs). These bonds, part of the 6.86% AF series, were issued on a private placement basis and will mature on May 6, 2040. The allotment date was May 6, 2025, giving the bonds a 15-year tenure. The bonds…
