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PFCCL incorporates SPV for Fatehgarh and Barmer transmission projects

PFC Consulting Limited (PFCCL) has incorporated Fatehgarh II And Barmer I PS Transmission Limited, a special purpose vehicle (SPV), for the augmentation at Fatehgarh-II PS, Fatehgarh-IV PS (Section-II), and Barmer-I PS. The incorporation was...

Kalpataru Projects secures Rs 10.11 billion orders

Kalpataru Projects International Limited (KPIL) and its international subsidiaries have secured new orders worth Rs 10.11 billion. These orders span multiple sectors, including: Transmission & Distribution (T&D) business in overseas markets...

India’s renewable energy sector set for major growth

India’s renewable energy sector has made significant strides, with installed capacity surpassing 200 gigawatts (GW) and projections of investment doubling to over Rs 2.75 trillion by 2025. According to the International Energy Agency (IEA)...

CCI approves acquisition of Fourth Partner Energy by IFC, ADB, and DEG

The Competition Commission of India (CCI) has approved the acquisition of certain shareholding in Fourth Partner Energy Private Limited (Target) by the International Finance Corporation (IFC), Asian Development Bank (ADB), and DEG – Deutsche...

Core sector output growth recovers to 4.3% in November 2024

Growth in the output of India’s eight key infrastructure industries, collectively known as the core sector, rose to 4.3% year-on-year (Y-o-Y) in November, marking a four-month high from the revised figure of 3.7% in October. This recovery follows a...

Waaree Renewable secures 2 GW solar contract with Jindal Renewables

Waaree Renewable Technologies Limited (WRTL), a subsidiary of Waaree Energies Limited, has secured its largest-ever Engineering, Procurement, and Construction (EPC) contract for a 2 GW solar project from Sunbreeze Renewables Nine Pvt. Ltd, a Special...

NPCIL invites proposals for 220 MW Bharat Small Reactors

Nuclear Power Corporation of India Limited (NPCIL) invited Request for Proposal (RfP) bids for setting up the 220 MW BSR (Bharat Small Reactors) Nuclear Captive Power Plant on December 31, 2024. The last date for bid submission is March 31, 2025. ...

PGCIL signs green loan agreement with SMBC for RE integration

Power Grid Corporation of India Limited (PGCIL) has signed a green loan agreement with Sumitomo Mitsui Banking Corporation (SMBC) at GIFT City, Gandhinagar, Gujarat.  The agreement, denominated in JPY for the US dollar equivalent of $200 million with...

CERC grants transmission licence to Khavda IV A Power Transmission

The Central Electricity Regulatory Commission (CERC) has granted a transmission licence to Khavda IV A Power Transmission Ltd, a subsidiary of Adani Energy Solutions Ltd (AESL).  The licence, effective for 25 years unless revoked earlier, covers the...

PLI, RE incentives for ‘Green Steel Mission’ to decarbonise steel industry

The government is working on a Rs 150 billion ‘Green Steel Mission’ to reduce carbon emissions in the steel sector, which currently contributes 10-12 per cent of the country’s total emissions.  The mission includes a...

Aether Industries commissions 15 MW solar project in Gujarat

Aether Industries has commissioned a 15 MW solar power project in Bharuch, Gujarat, in partnership with KPIG Energia, a subsidiary of KPI Green Energy.  The project, under the captive power producer segment, features advanced auto-tracker modules...

Waaree Energies leads with EPD-certified ultra-low-carbon solar panels

Waaree Energies has become the first Indian solar panel manufacturer to publish independently verified Environmental Product Declarations (EPDs) for its bifacial mono PERC and TOPCon solar panels.  Certified by The International EPD System, these...

Promax Power wins contract for 132/33 kV substations

Promax Power has secured a Rs 554.3 million contract to design, supply, erect, test, and commission 132/33 kV substations and associated 132 kV bays. The project includes developing four 132 kV substations with fully equipped control room buildings...

KP Green Engineering secures Rs 1.66 billion in orders across sectors

KP Green Engineering has received orders worth Rs 1.66 billion from multiple clients, reflecting its expanding market presence and diversified portfolio. The company has secured solar project contracts worth Rs 1 billion to supply fixed tilt module...

Rajasthan Power Grid Transmission Company formed as JV between PGCIL and RVPN

Rajasthan Power Grid Transmission Company Limited (RPTCL) has been incorporated as a joint venture between Power Grid Corporation of India Limited (POWERGRID) and Rajasthan Rajya Vidyut Prasaran Nigam Limited (RVPN). The venture is structured with a...

RECPDCL transfers SPVs to PGCIL and DRAIPL for Rajasthan REZ Phase IV transmission projects

REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of REC Limited, has transferred two Special Purpose Vehicles (SPVs) as part of the Rajasthan Renewable Energy Zone (REZ) Phase IV power evacuation projects.  The first SPV...

PGCIL sells residual stake in four entities to PGInvIT

Power Grid Corporation of India Ltd (PGCIL) has sold its remaining 26% stake in four associate companies to Power Grid Infrastructure Investment Trust (PGInvIT) for Rs 5.07 billion.  The transfer, completed on December 30, 2024, aligns with share...

Servotech secures solar pump order in Uttar Pradesh

Servotech Renewable Power System Limited has secured an order to install 1,094 grid-connected solar-powered agriculture pumps under the PM KUSUM Scheme’s Component C-1.  The Uttar Pradesh New and Renewable Energy Development Authority (UPNEDA)...

Power Mech wins O&M contract for Jaypee Nigrie plant

Power Mech Projects Limited has secured a Rs 1.86 billion contract from Jaiprakash Power Ventures Limited (JPVL) to provide operation and maintenance (O&M) services for the 2×660 MW Jaypee Nigrie super thermal power plant in Madhya Pradesh. The...

Adani commissions 174.9 MW hybrid project under Khavda RE Park

Adani Renewable Energy Forty Eight Limited and Adani Green Energy Twenty Four A Limited, wholly-owned subsidiaries of Adani Green Energy Limited (AGEL), have commenced commercial operations of a 174.9 MW wind-solar hybrid power project in...

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Dilip Buildcon receives LoI for 400 kV Mekhali substation project in Karnataka

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