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Shakti Pumps invests Rs 600 million in EV mobility subsidiary
Shakti Pumps Limited has invested Rs 600 million in its wholly owned subsidiary, Shakti Electric Vehicle (EV) Mobility Private Limited, by subscribing to 6 million equity shares with a face value of Rs 10 each. Last week, Shakti Pumps invested Rs 390 million in the subsidiary by subscribing to 4 million equity shares. Shakti EV…
NTPC Green receives SEBI approval for Rs 100 billion IPO
NTPC Green Energy, a subsidiary of NTPC Ltd, has received final approval from the Securities and Exchange Board of India (SEBI) to proceed with its Rs 100 billion initial public offering (IPO). As India’s largest public sector renewable energy enterprise (excluding hydro) by capacity and power generation in FY 2024, NTPC Green Energy initially filed…
ACME Solar partners with Grew Energy for solar project in Rajasthan
ACME Solar Holdings Private Limited has signed an agreement with Grew Energy Private Limited to develop a solar power project in Bikaner, Rajasthan. The project will utilize GREW Solar’s Topcon solar modules, manufactured at its 3 GW facility near Dudu, Jaipur. Both companies aim to expand their collaboration in the renewable energy sector.
Adani Power incorporates new power trading subsidiary
Adani Power Limited has incorporated a wholly owned subsidiary, Integrated Power Supply Limited (IPSL), on May 14, 2026. The company received the certificate of incorporation on May 16, 2026, according to its stock exchange filing. IPSL has been incorporated in India with an authorised share capital of Rs 5,00,000, divided into 50,000 equity shares of…
Solar power projects commissioned across multiple states
Adani Solar Energy AP Eight Private Limited, a special purpose vehicle (SPV) of Adani Green Energy Limited (AGEL), commissioned the 250 MW Kadapa Grid-Connected Solar PV Power Project in Andhra Pradesh on March 8, 2025. The project originated from a 2018 auction conducted by the Solar Energy Corporation of India (SECI) under the National Solar…
CEA proposes new guidelines for type-testing periodicity of power equipment
The Central Electricity Authority (CEA) has released new draft guidelines on the periodicity of type tests for major equipment across the power value chain. A key proposal is to exempt transformers from repeating short-circuit tests solely due to changes in bushing or on-load tap changers (OLTC), provided these components have equal or superior ratings and…
