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TPREL and Canara Bank partner to promote rooftop solar systems
Tata Power Renewable Energy Limited (TPREL) has collaborated with Canara Bank to promote rooftop solar adoption under the PM Surya Ghar Scheme. For systems up to 3 kW capacity, loans of up to Rs 200,000 are available with a 10 per cent margin, no collateral, a 7 per cent annual interest rate, and a 10-year…
INOX Air Products commissions green hydrogen plant in Rajasthan
INOX Air Products (INOXAP) has launched its first green hydrogen plant at Asahi India Glass’s (AIS) float glass facility in Soniyana, Chittorgarh, Rajasthan. The plant, powered by solar energy, will generate up to 190 tons of green hydrogen per year through electrolysis. This marks India’s first use of green hydrogen in float glass manufacturing, supporting…
Kansai acquires stake in Windanker offshore wind farm in Germany
Japanese utility Kansai Electric Power has entered into a share purchase agreement with Iberdrola to acquire a 49% stake in the Windanker offshore wind farm project in Germany. Kansai’s subsidiary, Windanker Investco, will hold the stake, subject to approval from German authorities, while Iberdrola will retain the remaining 51%. This marks the beginning of Kansai’s…
Adani Energy to raise Rs 43 billion via QIP
Adani Energy Solutions Limited (AESL) has approved raising Rs 43 billion through a qualified institutional placement (QIP), to be executed in one or more tranches. This move follows a series of recent fundraises by the Adani Group. In April 2025, it secured USD 750 million for an acquisition, with BlackRock subscribing to a third of…
Genus Power establishes two SPVs for smart metering under RDSS
Genus Power Infrastructures Limited has formed two special purpose vehicles (SPVs), Genus Shekhawati Smart Metering Private Limited and Genus Marwar Smart Metering SPV Private Limited, to execute advanced metering infrastructure service provider (AMISP) services as part of the revamped distribution sector scheme (RDSS). The projects will focus on strengthening, renovating, and augmenting existing distribution systems…
NTPC invites EOI for large-scale nuclear power projects in India
NTPC Limited has invited Expression of Interest (EOI) bids for partnerships in developing large-capacity pressurized water reactor (PWR) nuclear power plants in India. The bid, announced on March 26, 2025, aims to indigenize PWR technology and establish reactors of 1,000 MW and above, subject to government approval. The last date for bid submission is May…
