Lupin Limited has acquired a 42.61% equity stake in Sunsure Solarpark Seventeen Private Limited.
This follows the share subscription and shareholders agreement with Sunsure Solarpark and Sunsure Energy Private Limited, involving an equity investment of Rs 105.53 million, to be executed in two tranches.
The Haryana Renewable Energy Development Agency (HAREDA) has awarded contracts for the supply, installation, and commissioning of 17,458 solar water pumping systems under Component B of the PM KUSUM programme. Leading recipients include Shakti Pumps with 3,174 units, AVI Appliances with 2,811, and Oswal Pumps with 2,539. Other notable companies, such as Ethos Power, Rotomag…
Rajesh Power Services Limited has secured a turnkey contract from Paschim Gujarat Vij Company Limited (PGVCL) for works under the utility’s System Improvement (SI) Scheme in Gujarat. The contract, valued at approximately Rs 40.58 crore, inclusive of taxes, covers the supply, installation, testing and commissioning of 11 kV Medium Voltage Covered Conductor (MVCC) along with…
The Ministry of Coal (MoC) has officially launched a new exploration module on the Single Window Clearance System (SWCS) portal. The module, developed in partnership with the Central Mine Planning and Design Institute Limited (CMPDIL), went live on July 4, 2025. This digital interface enables coal block allottees to submit exploration proposals online, including scheme…
Damodar Valley Corporation (DVC) has awarded Bharat Heavy Electricals Limited (BHEL) the engineering, procurement, and construction (EPC) contract for the 2×800 MW Koderma Thermal Power Station (TPS) Phase II in Jharkhand. The project will add 1,600 MW to DVC’s generation capacity, addressing growing regional energy demands and promoting socio-economic development. The Koderma TPS Phase II…
REC Power Development & Consultancy Ltd (RECPDCL) and Bihar State Power Transmission Company Ltd (BSPTCL) have signed a memorandum of understanding (MoU) to develop intrastate transmission projects in Bihar through the tariff-based competitive bidding (TBCB) route. In a release, RECPDCL said the partnership aims to build a modern and reliable transmission network to support Bihar’s…
France will provide $550 million to help Vietnam expand clean energy and low-emission transport projects, reinforcing bilateral cooperation under the Just Energy Transition Partnership (JETP). The announcement was made by French Ambassador Olivier Brochet at an event in Hanoi on October 24, marking three decades of the French Development Agency (AFD) in Vietnam. Ambassador Brochet…