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Aditya Birla and GACL partner for 62.7 MW hybrid project

Aditya Birla Renewable Energy Limited (ABREL) and its special purpose vehicle (SPV), Aditya Birla Renewables SPV 4 Limited, have signed a shareholder’s agreement with Gujarat Alkalies and Chemicals Limited (GACL) for a 62.7 MW wind-solar hybrid power...

PGCIL and MEIL shortlisted for Karnataka transmission project

Power Grid Corporation of India Limited (PGCIL) and Megha Engineering and Infrastructures Limited (MEIL) are technically qualified for the selection of the transmission service provider (TSP) for the Augmentation of transformation capacity by...

CCI conducts market study on renewable energy across BRICS nations

The Competition Commission of India (CCI) is conducting a market study to assess competition issues within the renewable energy sector across BRICS nations.  The study, led by CCI Chairperson Ravneet Kaur, is part of the broader BRICS framework...

Government cancels auction of 11 critical mineral blocks

The government has annulled the auction of 11 critical mineral blocks in the fourth round due to a weak response from bidders.  Four blocks, including tungsten and glauconite located in Chhattisgarh and Arunachal Pradesh, attracted no bids, while the...

EAC recommends ToR for Indirasagar-Omkareshwar Pumped Storage Projects

The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended the grant of Terms of Reference (ToR) for the Indirasagar-Omkareshwar on-stream Pumped Storage Project (640 MW) by NHDC Limited in...

PFC Consulting invites bids for transmission project in J&K

PFC Consulting Limited, a wholly owned subsidiary of Power Finance Corporation Limited, has invited bids for a transmission project “Execution of System Strengthening/Upgradation Works and Intra-State Transmission System projects by...

KEC International transfers cables business to subsidiary

KEC International Ltd has transferred its cables business to KEC Asian Cables Ltd (KACL), a subsidiary, via a slump sale on a going-concern basis. A business transfer agreement (BTA) was executed on December 30, 2024. KACL will pay Rs 1.25 billion to...

Adani Green establishes new subsidiary AGE68L

Adani Green Energy Limited (AGEL) has formed a wholly owned subsidiary, Adani Green Energy Sixty Eight Limited (AGE68L), under its subsidiary Adani Renewable Energy Holding Nine Limited.  AGE68L will focus on power generation, development...

Jakson Group and OMC Power partner for solar rooftop project in Uttar Pradesh

Jakson Group and OMC Power have partnered to implement a 50 MW solar rooftop project valued at Rs 2 billion.  This initiative will offset 62,500 tonnes of carbon emissions annually, equal to planting 2.5 million trees.  Jakson Group will deploy...

Gensol secures Rs 8.97 billion solar EPC contract from NTPC

Gensol Engineering Limited has won a Rs 8.97 billion contract from NTPC Renewable Energy Limited to develop a 225 MW grid-connected solar project.  The project will be executed on an engineering, procurement, and construction (EPC) basis at the...

Trichy inaugurates its first solar power plant

Trichy has commissioned its first solar power plant at Panjapur, a Rs 500 million project under the Smart Cities Mission.  Municipal administration minister K N Nehru inaugurated the plant to reduce the city’s annual electricity expense by Rs...

NGT issues notice on safe disposal of solar panel waste

The National Green Tribunal (NGT) has issued a notice to the Central government over the lack of infrastructure for the safe disposal and recycling of damaged or end-of-life Photovoltaic (PV) solar panels. A bench led by Justice Prakash Shrivastava...

NTPC begins 37.5 MW operations at Gujarat solar project

NTPC Renewable Energy Ltd (NTPC REL), a step-down subsidiary of NTPC Ltd, has commenced commercial operations of 37.5 MW capacity, the first part of its 200 MW Gujarat Solar PV Project in Sadla, Gujarat, effective December 21, 2024. This addition...

Hero Future Energies commissions 29 MW solar project in Karnataka

Hero Future Energies (HFE) has commissioned a 29 MW solar power project in Chitradurga, Karnataka, which will generate 33 million units of clean energy annually and reduce carbon dioxide emissions by 31,624 tonnes each year.  This open-access solar...

JSW Neo Energy to acquire 4,696 MW renewable platform from O2 Power

JSW Neo Energy, a subsidiary of JSW Energy, has signed an agreement to acquire a 4,696 MW renewable energy platform from O2 Power for Rs 124.68 billion. O2 Power is a joint venture of EQT Infrastructure and Temasek. The acquisition involves O2 Power...

Avaada Energy to raise Rs 84 billion for renewable projects

Avaada Energy Private Limited plans to raise Rs 84 billion (USD 1 billion) in debt by March 2025 to fund its wind, solar, and other renewable projects.  Equity for these projects has already been secured. The company also intends to develop pumped...

PFCCL forms SPV for Mundra transmission system

PFC Consulting Limited (PFCCL) has incorporated Mundra I Transmission Limited, a special purpose vehicle (SPV), for developing the transmission system to supply power to Green Hydrogen and Ammonia manufacturing facilities in the Mundra area of...

Oil India to set up subsidiary for green energy foray

Oil India Limited (OIL) has announced the establishment of a wholly-owned subsidiary, OIL Green Energy, to manage its green and alternative energy ventures.  The company plans to invest Rs 250 billion by 2040 to diversify into renewable energy and...

ACME Solar secures Rs 19.88 billion financing from PFC

ACME Solar has secured Rs 19.88 billion in term finance from Power Finance Corporation Ltd (PFC) for the development of a 300-MW wind-solar hybrid renewable energy project. ACME Renewtech Pvt Ltd, a subsidiary of ACME Solar Holdings Ltd, will utilize...

Solidus Techno Power secures 29 MWp solar project in Rajasthan

Solidus Techno Power Private Limited has secured a 29 MWp solar project in Bikaner, Rajasthan, marking its expansion beyond Punjab.  The project will supply 40% of the electricity needed for a large industrial manufacturing facility in the region. ...

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