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PGCIL awards Rs 155.52 crore 765 kV reactor order to CG Power
Power Grid Corporation of India Limited (PGCIL) has awarded a contract worth Rs 155.52 crore to CG Power and Industrial Solutions Limited for the supply of 765 kV reactors. The contract covers 14 units of 110 MVAR, 765 kV single-phase reactors under Lot 7 of PGCIL’s bulk procurement of 765 kV and 400 kV class…
ICG and ST International acquire stake in South Korea’s Revent Energy
UK-based asset manager Intermediate Capital Group (ICG) has partnered with South Korean energy firm ST International (STI) to acquire a 50% stake in Revent Energy, with STI retaining the other half. This collaboration aims to strengthen Revent Energy’s onshore wind development strategy in South Korea, targeting 500 MW of installed capacity by 2029 through project…
NTPC and Avaada commit to large-scale solar, wind, and storage projects in Gujarat
NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited (NGEL), has signed a Memorandum of Understanding (MoU) with the Government of Gujarat to develop solar parks and projects with a total capacity of 10 GW, alongside 5 GW of wind projects. The MoU was exchanged on 9 October 2025…
India | Generation | NewsNHPC commissions 250 MW unit at Subansiri Lower project
NHPC Limited has declared commercial operation date (CoD) of Unit 1 (250 MW) of the Subansiri Lower Hydroelectric Project, effective 00:00 hours on March 20, 2026. With this, three units of 250 MW each, totalling 750 MW, are now operational. The remaining five units are to be commissioned in phases, with timelines to be announced…
Adani Green begins 187.5 MW solar operations at Khavda park
Adani Renewable Energy Fifty Seven Limited, a subsidiary of Adani Green Energy Limited (AGEL), started commercial operations of a 187.5 MW solar power project in Gujarat’s Khavda on May 22, 2025. The project is part of AGEL’s larger plan to develop a 30,000 MW wind-solar hybrid renewable energy park in the Rann of Kutch. The…
EIB and Naturgy secure €1bn loan for Spain’s renewable energy expansion
The European Investment Bank (EIB) and Naturgy have finalized a €1 billion ($1.05 billion) loan to advance renewable energy projects in Spain. The first tranche of €400 million ($422 million) was signed in Madrid, marking a key milestone in Spain’s energy transition. The funding will support the development of new solar and onshore wind power…
