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DVC signs PPAs with SJVN for 592 MW hydropower from Himachal projects
Damodar Valley Corporation (DVC) signed two purchase power agreements (PPAs) with SJVN Limited on April 29, 2025, to procure hydro power from the Sunni Dam and Luhri Stage I projects in Himachal Pradesh. The Sunni Dam Hydro Electric Project is a run-of-river scheme on the Satluj River near Khaira village in Shimla and Mandi districts….
Powergrid wins bids for Kudankulam and Karnataka RE projects
Power Grid Corporation of India Limited (PGCIL) has received Letters of Intent (LoI) for two major transmission projects. These include the transmission system under ISTS for evacuating power from Kudankulam Nuclear Power Plant Units 3 and 4 (2×1000 MW) and the system strengthening at Koppal-II and Gadag-II for integrating renewable energy (RE) generation projects in…
CCI approves ONGC-NTPC’s Ayana acquisition and Greenko stake deal
The Competition Commission of India (CCI) has approved two major transactions in the renewable energy sector. ONGC NTPC Green Private Limited has received clearance to acquire a 100 per cent stake in Ayana Renewable Power Private Limited. Meanwhile, AMG Green Power B.V. has been approved to acquire a stake in Greenko Energy Holdings, and ORIX…
Yash Highvoltage plans Rs 151 crore fund raise for bushing expansion
Yash Highvoltage Limited has approved a preferential issue of equity shares and convertible warrants aggregating up to approximately Rs 151 crore. The proposed fund raise is aimed at expanding the company’s transformer bushing manufacturing capabilities, particularly in the extra-high voltage segment. The proposal is subject to shareholder approval and other statutory and regulatory clearances. Issue…
EMMVEE orders 6 GW TOPCon solar cell equipment from RENA
RENA Technologies has secured a contract from EMMVEE Energy Private Limited for the supply of high-throughput solar cell production equipment with a total manufacturing capacity of 6 GW. The project is aimed at expanding domestic photovoltaic manufacturing capacity in India. The equipment will support the production of Tunnel Oxide Passivated Contact (TOPCon) solar cells. The…
AMEA Power to develop 1500 MWh BESS in Egypt
AMEA Power has signed an agreement with the Egyptian Electricity Transmission Company (EETC) to develop two standalone battery energy storage systems (BESS) with a total capacity of 1500 megawatt-hours (MWh). Under the deal, AMEA Power will build a 500 MWh BESS station in Benban and a 1000 MWh BESS station in Zafarana. The project includes…
