Power Grid Corporation of India Limited (PGCIL) has completed the acquisition of 7,730,225 equity shares of IL&FS Energy Development Company Limited (IEDCL) in Cross Border Power Transmission Company Limited (CPTCL). This follows an arrangement...

Adani Electricity Mumbai Limited (AEML), a wholly owned subsidiary of Adani Energy Solutions Limited, has completed the acquisition of 100% equity shares in Superheights Infraspace Private Limited (SIPL). This follows the execution of a share...

Dalmia Cement (Bharat) Limited (DCBL), a subsidiary of Dalmia Bharat Limited, has signed a share subscription and shareholders agreement (SSSHA) to acquire a 26% equity stake in Solis Urja Energy Private Limited. The acquisition involves the purchase...

Bolt.Earth has raised $5 million in a Series A+ funding round, led by Version One Ventures with participation from existing investors USV and Prime Venture Partners.  The company plans to use the funds to scale its operations in India and develop...

Waaree Energies Limited has received a Letter of Award to supply 180 MW of solar modules, rated at 585/590 Wp, for a renewable energy project in India.  The modules will be supplied to a well-established domestic customer, with delivery scheduled for...

Bharat Petroleum Corporation Limited (BPCL) has partnered with Volks Energie to develop India’s first solar power plant integrated with Lithium Iron Phosphate (LFP) Battery Energy Storage Systems (BESS) for oil and gas pipelines.  The project...

Ravindra Energy Limited (REL) received a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for setting up 44 MW of decentralized solar power projects in Maharashtra on January 16, 2025. The project...

KP Energy Limited commissioned 6.3 MW of wind power capacity under Phase XI of the 250.8 MW ISTS Connected Wind Power Project on January 17, 2025.  The capacity includes three 2.1 MW wind turbine generators (WTGs) at the Sidhpur site in Devbhoomi...

NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, commenced commercial operations of 25 MW capacity under the 200 MW Gujarat Solar PV Project-Phase XI in Sadla on January 17, 2025. NTPC won the 200 MW capacity bid for GUVNL’s Phase-XI...

Bihar State Power Transmission Company Limited (BSPTCL) has invited bids for two transmission line packages in Bihar. The deadline for bid submission is February 12, 2025. Package I: Includes the construction of three 132 kV D/c transmission lines...

The Electrical Research & Development Association (ERDA) has received official approval as a third-party laboratory by KAHRAMAA (Qatar General Electricity and Water Corporation).   ERDA’s test reports will now be recognized for the KAHRAMAA...

Tata Power Central Odisha Distribution Ltd (TPCODL) inaugurated its Power Distribution Technology Centre in Bhubaneswar on January 18, 2025.  The centre features advanced Operational Technology (OT) and Information Technology (IT) systems, including...

The Central Electricity Regulatory Commission (CERC) has granted an interstate trading licence to REC Power Development & Consultancy Ltd (RECPDCL), a wholly-owned subsidiary of REC Ltd.  The “Category I” licence allows RECPDCL to...

Reliance Industries Limited will acquire a 100% equity stake in Lakadia B Power Transmission from REC Power Development and Consultancy Limited (RECPDCL) for Rs 80 million. The acquisition aims to develop an interstate transmission system (ISTS) to...

Sembcorp Industries has signed two non-binding Memorandums of Understanding (MoUs) with the Government of Odisha to explore the development of a green hydrogen production facility and an industrial park.  The MoUs involve Sembcorp’s subsidiaries...

BiofuelCircle has established eight new warehouses near Mauda and Bhandara in Nagpur, Maharashtra, to support biomass aggregation.  These facilities, equipped with advanced machinery like balers and rakers, aim to process 40,000 metric tonnes of...

Vikram Solar has received a 1,000 MW order to supply solar photovoltaic modules for renewable energy projects in Karnataka, Gujarat, and Rajasthan under JSW Neo Energy Limited’s renewable energy initiative. The order includes Hypersol N-Type TOPCon...

AZAD Engineering Limited has entered a long-term agreement with GE Vernova International LLC, USA, to supply advanced rotating and stationary airfoils for gas turbine engines. Valued at approximately USD 112 million, the agreement will support GE...

Sterling and Wilson Renewable Energy Limited (SWERL) posted a net profit of Rs 0.17 billion for the quarter ending December 2024, recovering from a net loss of Rs 0.62 billion in the same quarter last year. The company’s total income surged by...

Waaree Renewables Technologies Limited reported a net profit of Rs 0.53 billion for the quarter ending December 2024, a 17.18% decrease compared to Rs 0.64 billion in the same quarter last year. The company’s total income rose by 11.66% to Rs...