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Adar Poonawalla Family Office invests Rs 700 crore in Inox Clean
Inox Clean Energy Limited, the integrated renewable energy platform of the INOXGFL Group, has secured an investment of Rs 700 crore from the Adar Poonawalla Family Office through Rising Sun Holdings Pvt. Ltd. The investment values the company at Rs 70,000 crore and follows a series of strategic acquisitions completed over the past 10 months….
Adani Green commissions 250 MW solar capacity in Rajasthan
Adani Green Energy Twenty Four Limited (AGE24L), a subsidiary of Adani Green Energy Limited (AGEL), commissioned 250 MW of solar capacity on February 21, 2025. The project is part of the 8,000 MW Inter-State Transmission System (ISTS)-connected solar power initiative linked to a manufacturing plant at Bhimsar and Dwada in Jaisalmer, Rajasthan. AGEL secured the…
Axpo secures 163 MW capacity in French renewable energy tenders
Axpo has been awarded a combined capacity of 163 MW in public tenders for solar and wind energy organized by the French Energy Regulatory Commission (CRE), as announced in November 2024. Axpo’s solar division, through its subsidiary Urbasolar, secured 124 MWp across 20 projects in nine French regions. These projects include ground-mounted, agricultural photovoltaic (PV),…
NTPC launches green hydrogen mobility project in Leh
The Union Minister for Power and Housing and Urban Affairs inaugurated NTPC’s Green Hydrogen Mobility Project in Leh. It includes a 1.7 MW in-situ solar plant, a green hydrogen filling station with 80 kg/day capacity, and five intra-city hydrogen buses. Designed for high-altitude operations at 3,650 meters above sea level, the buses can travel 300…
NSE gets SEBI approval to launch monthly electricity futures
The National Stock Exchange (NSE) has received regulatory approval from the Securities and Exchange Board of India (SEBI) to launch monthly electricity futures contracts. This marks a key step in expanding India’s power market offerings. NSE is now the second exchange, after the Multi Commodity Exchange (MCX), to gain SEBI’s nod for electricity derivatives. The…
Qatar considers increasing stake in Iberdrola beyond 10%
Qatar Investment Authority (QIA), with assets valued at $475 billion, is looking to increase its stake in Spain’s leading utility company, Iberdrola, from 8.8% to over 10%, according to local Spanish media reports. This move would further solidify QIA’s position as Iberdrola’s largest shareholder, surpassing BlackRock (5.395%) and Norges (3.115%). QIA began its investment in…
