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Hartek Group secures Rs 1.17 bn power project from PGCIL in Gujarat

Hartek Group’s Power System business unit has secured a Rs 1.17 billion project in Gujarat from Power Grid Corporation of India Limited (PGCIL).  The project involves the extension of a 765kV AIS substation and 400/220kV substation work. Simarpreet...

Odisha approves Rs 447.93 billion investments

The Odisha government has approved five industrial projects worth Rs 447.93 billion. This includes: Indian Strategic Petroleum Reserves Limited (Rs 87.43 billion) Project: Crude Oil Storage facilities Jobs: 5,130 Location: Jajpur Inox Solar Limited...

CCI approves Tata Electronics’ acquisition of stake in Pegatron India

The Competition Commission of India (CCI) has approved Tata Electronics (TEPL) to acquire a 60 per cent stake in Pegatron India, the Indian arm of Taiwan’s Pegatron Corporation.  The acquisition, which will occur in two phases, is part of Tata...

BHEL commissions two units of Punatsangchhu-II Hydro Project in Bhutan

Bharat Heavy Electricals Ltd (BHEL) has commissioned two units of the 6×170-MW Punatsangchhu-II Hydroelectric Project (PHEP-II) in Bhutan.  The project, part of a bilateral agreement between the Government of India and the Royal Government of Bhutan...

CCI approves Gentari Renewables India’s acquisition of 21 SPVs

The Competition Commission of India has approved Gentari Renewables India’s acquisition of 21 special purpose vehicles (SPVs) and holding companies engaged in solar and wind power generation and sales.  Gentari Renewables India, a subsidiary of...

Oben Electric raises $5.82 million in Series A funding

Oben Electric has secured $5.82 million in its Series A funding round, with contributions from Ambis Holding US, Kuberan Ventures, Karimjee Group, Mission Vertical’s US-based venture capital entity, and several family offices.  The funds will be used...

EMO Energy raises $6.2 million in Series A funding

EMO Energy has secured $6.2 million in its Series A funding round, led by Subhkam Ventures with participation from Transition VC.  The funds will be used to scale the company’s advanced battery solutions for electric vehicles (EVs) and energy storage...

Teerth Gopicon and Reliance Industries awarded SJVN’s tender

Teerth Gopicon and Reliance Industries have secured SJVN’s tender to develop 5,830 kW of grid-connected solar projects under the PM Surya Ghar: Muft Bijli Yojana.  Teerth Gopicon was awarded 5,705 kW, and Reliance Industries 125 kW.  The projects...

Sun Drops Energia to develop 32.15 MW solar power projects

Sun Drops Energia Private Limited, a wholly-owned subsidiary of KPI Green Energy Limited, has received a Letter of Intent (LoI) for the development of 32.15 MW of solar power projects under the Captive Power Producer (CPP) segment in India.  The...

Purvah Green receives LoA for 300 MW Hybrid Power Projects

Purvah Green Power Private Limited, a subsidiary of CESC Limited, has received a Letter of Award (LoA) from CESC for developing 300 MW Inter-State Transmission System (ISTS)-connected wind-solar hybrid power projects in India.  The projects were part...

NHPC resumes construction on Parbati Hydro Electric Project

NHPC Limited has resumed construction work on the Parbati Hydro Electric Project Stage-II, which had previously faced roadblocks due to local opposition.  The project, located on the Beas River in Kullu District, Himachal Pradesh, involves...

PFCCL incorporates SPV for Anantapur II REZ Transmission System

PFC Consulting Limited (PFCCL) incorporated Anantapur II REZ Transmission Limited, a special purpose vehicle (SPV) for developing the Transmission System for integration of Anantapur-II REZ (Phase-I: 4.5 GW), on January 7, 2025. PFCCL has also been...

Opposition rises against nuclear power plant in Koppal

The survey for a proposed Nuclear Power Plant (NPP) near Arasinakeri Bear Sanctuary and Hirebenkala Megalithic sites in Koppal, Karnataka, has faced local opposition due to concerns over environmental impacts and the preservation of heritage sites...

NTPC forms SPV to develop nuclear power plants

On January 7, 2025, NTPC Limited incorporated NTPC Parmanu Urja Nigam Limited (NPUNL), a special purpose vehicle (SPV) for the implementation of Nuclear Power Plants (NPPs).  The Ministry of Power (MoP) has confirmed the approval for the SPV...

Insolation Energy establishes subsidiary for renewable energy

Insolation Energy has launched a new subsidiary, MGVI Green Infra One, to focus on solar and renewable energy projects.  The subsidiary will handle the development, installation, construction, operation, and maintenance of solar power plants and...

DVC to upgrade Jharkhand’s power infrastructure

The Damodar Valley Corporation (DVC) has unveiled an investment plan to enhance power infrastructure in Jharkhand.  DVC Chairman S. Suresh Kumar announced the construction of 11 kV power infrastructure in 25 locations across the state, including 12...

NTPC wins 1,000 MW solar power order from UPPCL

NTPC Renewable Energy (NTPC REL), a subsidiary of NTPC Green Energy (NGEL), has secured a 1,000 MW solar power order from Uttar Pradesh Power Corporation (UPPCL) following a successful bid in an e-reverse auction on 3 January 2025. This capacity is...

L&T wins new PT&D orders in India and Middle East

Larsen & Toubro Ltd’s Power Transmission & Distribution (PT&D) business has secured new orders in India and the Middle East.  In India, L&T’s PT&D division will implement an advanced distribution management system (ADMS) in...

Gensol Engineering wins EPC contract for solar project in Gujarat

Gensol Engineering Limited has secured an engineering, procurement, and construction (EPC) contract for a 275 MW solar photovoltaic project at the Khavda Rann renewable energy solar park in Kutch, Gujarat.  The project, valued at Rs 10.61 billion...

KEC International wins Rs 10.97 billion orders for T&D

KEC International Limited, a wholly-owned subsidiary of the RPG Group, has secured new orders worth Rs 10.97 billion in the transmission and distribution (T&D) sector.  These include a 400 kV transmission line project in the UAE and the supply of...

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