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Powergrid to raise Rs 60 billion via 10-year bonds
Power Grid Corporation of India Limited (Powergrid) has received approval to raise up to Rs 60 billion through its 81st bond issue via private placement. The decision was cleared by the company’s Committee of Directors for Bonds on April 4, 2025. The bonds—named POWERGRID Bonds–LXXXI (81st Issue) 2025–26—will be unsecured, non-convertible, non-cumulative, redeemable, and taxable….
Lightsource bp begins construction on Goulburn River Woolooga BESS
Lightsource bp has commenced construction on its Goulburn River hybrid solar project and Woolooga battery energy storage system (BESS) in New South Wales and Queensland, Australia, respectively. These projects integrate solar power with battery storage to provide reliable renewable energy solutions. The Goulburn River solar farm, with a capacity of 585 MW, will generate 1.3…
TARIL wins Rs 175 crore order for Rajasthan GIS projects
Transformers and Rectifiers (India) Limited (TARIL) has secured a domestic order worth Rs 175 crore from Bhanwariya Infra Projects Private Limited, the company informed stock exchanges on Tuesday. The order includes manufacturing and associated work for four transformers and five reactors. The equipment is scheduled for delivery on or before March 2028. The transformers and…
India, ISA sign pact to implement solar projects in Indo-Pacific region
India has signed a Project Implementation Agreement (PIA) with the International Solar Alliance (ISA) to execute solar energy projects in Fiji, Comoros, Madagascar, and Seychelles. This initiative, aligned with the Quad Climate Working Group’s agenda, focuses on addressing energy challenges and supporting sustainable development in the Indo-Pacific region. The agreement, formalized on November 26, 2024,…
Amazon and Google back plan to triple global nuclear energy capacity by 2050
Amazon and Google have pledged support for a global initiative to triple nuclear energy capacity by 2050, according to Reuters. The commitment, facilitated by the World Nuclear Association (WNA), has also gained backing from shale company Occidental and Japanese heavy equipment manufacturer IHI. More industry players, including those from maritime, aviation, and oil and gas,…
Rajesh Power signs MoUs for underground power projects with Gujarat
Rajesh Power Services Limited (RSPL) has signed multiple memorandums of understanding (MoUs) with the Gujarat government at the Vibrant Gujarat Regional Conference (VGRC) 2025, covering projects worth Rs 47.54 billion. Under the agreements, RSPL will undertake turnkey projects to convert high-tension (HT) overhead lines into underground cable networks across the state. The projects are expected…
