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PFC forms SPV for 400/220/132 kV AIS Latur transmission project
Power Finance Corporation (PFC) has set up a Special Purpose Vehicle (SPV) through its subsidiary, PFC Consulting Limited. In its 11 December filing, PFC said the SPV, Latur Rez Transmission Limited, will carry out surveys, land acquisition and other preparatory tasks for the 400/220/132 kV AIS Latur system. The SPV will be transferred to the…
Maharashtra clears Rs 12,303 crore MAGESTIC clean energy programme
The Maharashtra government has approved a Rs 12,303 crore clean energy programme to expand renewable power, strengthen grid infrastructure, and improve long-term energy security. The decision was taken at a state cabinet meeting chaired by Chief Minister Devendra Fadnavis. The programme, titled Maharashtra: Accelerating Green Energy and Storage Technologies Integration in Connected Grid (MAGESTIC), targets…
Waaree and Bhagyanagar secure solar contracts
Waaree Renewable Energy Technologies Limited has secured a contract from ABREL EPC Limited, a subsidiary of Aditya Birla Renewables Limited, for supplying solar photovoltaic (PV) modules for a 410 MWp solar power project in India. The module supply is expected to begin in FY 2026. Bhagyanagar India Limited has received a Letter of Award (LoA)…
Hetvi Construction-led consortium wins 125 MW solar EPC contract in Assam
A consortium comprising Hetvi Construction Limited, Waaree Renewable Energy Technologies Limited (formerly Sangam Renewables Limited), and Jayantipur Construction Private Limited (JSPCL) has secured a contract from Assam Power Distribution Company Limited (APDCL) for the engineering, procurement, and construction (EPC) of a 125 MW solar power project. The project is part of the 1,000 MW Khagarijan…
DERC removes 11 kV requirement for Green Energy Open Access
The Delhi Electricity Regulatory Commission (DERC) has amended its Green Energy regulations to remove the requirement that consumers be connected at 11 kV or above to be eligible for Green Energy Open Access. The change, notified through the Delhi Electricity Regulatory Commission (Terms and Conditions for Green Energy) (First Amendment) Regulations, 2026 broadens eligibility for…
Nextracker delivers first 100% US-manufactured solar trackers under IRA
Solar tracker provider Nextracker has announced the delivery of its first US-manufactured solar trackers, achieving 100% domestic content value under the Inflation Reduction Act (IRA). This marks a key advancement in localizing the US solar supply chain. The trackers will be used in SB Energy’s 570MW Pelican’s Jaw solar project, which includes 954 megawatt-hours (MWh)…
