AMPIN Energy Transition has secured a $50 million equity investment from Siemens Financial Services, the financing arm of Siemens AG. The funding will support AMPIN’s expansion in commercial and industrial (C&I) and utility-scale renewable...
Syngene International Limited has increased its stake in O2 Renewable Energy Private Limited II from 26 percent to 33.79 percent. This move strengthens Syngene’s renewable energy consumption strategy while ensuring compliance with captive power...
Diamond Power Infrastructure Limited has received multiple Letters of Intent (LoIs) for transmission and cable supply projects in Gujarat. The company secured an LoI worth Rs 231.68 million for the 220 kV D/C Maglana – Pachham line (80.01 km)...
BAJEL Projects Limited (formerly Bajaj Electricals Limited) has received a Notification of Award (NoA) from Madhya Pradesh Power Transmission Company Limited (MPPTCL) for the construction of overhead and underground transmission lines in Bhopal. The...
Kalpataru Projects International Limited (KPIL) and its international subsidiaries have secured new orders worth Rs 23.66 billion. The contracts include transmission and distribution (T&D) projects in India and overseas, along with a building...
NHPC Limited has completed the trial run of Unit 2 and 3 at the 800 MW Parbati-II Hydro Electric Project in Himachal Pradesh. The remaining two units are expected to undergo trial runs by March 31, 2025. Once fully operational, the project will...
Coal India Limited (CIL) and GAIL (India) Limited have joined forces to establish Coal Gas India Limited, a joint venture aimed at developing a coal-to-synthetic natural gas (SNG) project at Eastern Coalfields. The project leverages CIL’s coal...
K2 Infragen Limited has won an engineering, procurement, and construction (EPC) contract from KPI Green Energy Limited for the 67.61 MWp capacity under the 300 MW Khavda Solar PV Project – Phase XXI in Gujarat. The contract, awarded on March 25...
Waaree Renewable Energy Technologies Limited has received a Letter of Award (LoA) worth Rs 2,323 million from Waaree Energies Limited for engineering, procurement, and construction (EPC) works. The contract is for setting up 170 MW/255 MWp capacity...
NTPC Renewable Energy Limited, a subsidiary of NTPC Limited, has commissioned its entire 470 MW solar power project in Rajasthan. The final phase, 100 MW from the 320 MW Bhainsara solar project in Jaisalmer, began commercial operations on March 20...
PFC Consulting Limited (PFCCL) has incorporated two special purpose vehicles (SPVs) for the development of transmission projects in Maharashtra. The SPVs were established on March 21, 2025, to facilitate network expansion for renewable energy...
REC Power Development & Consultancy Limited (RECPDCL) has transferred four special purpose vehicles (SPVs) to Power Grid Corporation of India Limited (PGCIL) and IndiGrid 2 Private Limited for the development of transmission system projects...
Indian Renewable Energy Development Agency Limited (IREDA) has raised Rs 9.1 billion through privately placed subordinated Tier-II bonds. The bonds, issued with a 10-year tenure, carry an annual coupon rate of 7.74 per cent. The capital raised will...
BluPine Energy has secured Rs 17.87 billion in structured financing from the National Bank for Financing Infrastructure and Development (NaBFID). The funds will be used to optimize financial structuring and support the company’s renewable energy...
PFC Consulting Limited (PFCCL) has invited Request for Proposal (RfP) bids for the selection of a transmission service provider (TSP) through a tariff-based competitive bidding (TBCB) process. The project, “Network Expansion Scheme in...
The Ministry of Power has updated its guidelines for compensation related to the right of way (RoW) for transmission lines. The aim is to bring uniformity, streamline procedures, and ensure timely resolution of land acquisition issues in transmission...
Jindal India Renewable Energy (JIRE), a subsidiary of Jindal Power Limited (JPL), has received a Letter of Acceptance (LoA) for 300 MW of solar plus storage capacity at a tariff of Rs 3.09 per kWh. The award falls under NHPC Limited’s 1,200 MW...
The Government of Jammu & Kashmir (GoJK) has planned a 10 MW solar power plant (SPP) at the decommissioned land of Pampore Gas Turbine (GT-Pampore). Jammu & Kashmir State Power Development Corporation Limited (JKSPDC) is expected to implement...
Power Mech Projects Limited has won a Rs 5,790 million contract for civil, structural, and architectural works at the 2×800 MW Koderma Thermal Power Expansion Project. The contract, awarded by Bharat Heavy Electricals Limited (BHEL) on March 21...
Power Grid Corporation of India Limited (PGCIL) has acquired two special purpose vehicles (SPVs) to implement key transmission projects in Karnataka and Rajasthan. The two SPVs are: Chitradurga Bellary REZ Transmission Limited – Responsible for...
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NHPC Limited has opened the financial bids for the civil and hydro-mechanical works package to...
Prime Minister Narendra Modi has laid the foundation stone for an interstate transmission project...
The Gujarat government has revised its Right of Way (RoW) compensation policy for power transmission...
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved electricity tariffs for FY...
Diamond Power Infrastructure Limited (DICABS) has secured a supply order worth Rs 435.71 crore...
Accord Transformer & Switchgear Limited has acquired land in Rajasthan for the expansion of its...
Prime Minister Shri Narendra Modi virtually inaugurated two major solar power projects in Rajasthan...
The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has awarded contracts worth...
India’s thermal power capacity expansion continues to face execution challenges despite a...
Coal India Limited (CIL) and U.P. Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) have signed a joint...