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Centre approves Rs 3.84 billion transmission project for Pakaldul HEP
The Union Government has approved the Transmission System for Evacuation of Power from Pakaldul Hydroelectric Project (HEP) in the Chenab Valley. The project will be developed by Kishtwar Transmission Limited, a special purpose vehicle (SPV) owned by Sterlite Grid 24 Limited. It will be implemented under the tariff based competitive bidding (TBCB) route on a…
Blueleaf and Jakson achieve financial close for 840 MWp Rajasthan solar projects
Blueleaf Energy and Jakson Green have achieved financial close for their 840 MWp Bikaner solar projects in Rajasthan, marking the completion of funding for the partners’ 1 GWp Rajasthan Solar Portfolio. The financing was secured with Axis Bank. The portfolio includes two ground-mounted solar plants of 280 MWp and 560 MWp capacity. These projects are…
Siemens reports 45% profit growth in Q4 FY 2024
Siemens Limited posted strong Q4 FY 2024 financial results, with a 45% increase in profit after tax to Rs 7.75 billion and an 11% revenue rise to Rs 58.94 billion. New orders grew by 37% to Rs 61.64 billion. For the financial year ending September 30, 2024, the company reported a 14% revenue increase to…
Sembcorp to acquire 300 MW ReNew solar project in Rajasthan
Sembcorp Industries, through its subsidiary Sembcorp Green Infra Private Limited (SGIPL), has signed an agreement to acquire ReNew Sun Bright Private Limited from ReNew Private Limited for approximately S$246 million. According to the company, the transaction will be financed through a mix of internal funds and external borrowings. It is expected to close in the…
India, EU launch €15.2 million EV battery recycling call
India and the European Union (EU) have expanded their clean energy collaboration with the launch of a joint funding call focused on electric vehicle (EV) battery recycling technologies. Announced on May 5, 2026, the third coordinated call under the India-EU Trade and Technology Council’s Working Group 2 on Green and Clean Energy Technologies will provide…
BHEL, thyssenkrupp nucera India sign green hydrogen manufacturing pact
Bharat Heavy Electricals Limited (BHEL) has signed a strategic agreement with thyssenkrupp nucera India Private Limited to enable phased indigenisation and local manufacturing of alkaline electrolyser systems for green hydrogen projects in India. The collaboration is expected to strengthen BHEL’s project execution capabilities for green hydrogen projects and support domestic manufacturing of electrolyser systems. The…
