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Sonnedix inaugurates 150 MW Betierra solar project in Spain
Sonnedix has inaugurated its 150 MW Betierra solar project in Castilla-La Mancha, marking the company’s achievement of over 1 GW of owned and operated renewable energy capacity in Spain. The project consists of three 50 MW solar plants with shared interconnection infrastructure. Operational since September 2024, Betierra generates 300,000 MWh of electricity annually, powering 71,000…
Chhattisgarh attracts major investments in power projects
Chhattisgarh is set to witness large-scale investments in the power sector, spanning thermal, nuclear, and renewable energy at the “Chhattisgarh Energy Investors Summit 2025.” Major players, including NTPC Limited, Jindal Power Limited (JPL), and Adani Power Limited (APL), have outlined expansion plans, while the state government has signed agreements to boost renewable energy capacity. Thermal…
PFC, Gensol, KPIL report income growth in Q3 FY25
Power Finance Corporation Limited (PFC) reported a net profit of Rs 77.6 billion for the quarter ending December 2024, marking a 23.29 per cent increase from Rs 62.94 billion in the same quarter last year. The company’s total income grew by 13.69 per cent to Rs 268.22 billion from Rs 235.93 billion in the corresponding…
L&T secures major PT&D EPC orders in India and Middle East
Larsen & Toubro Limited’s Power Transmission & Distribution (PT&D) vertical has secured a set of engineering, procurement, and construction (EPC) orders for grid system projects across India and the Middle East. In India, the PT&D vertical received contracts for the design, supply, and construction of two 220 kV Gas Insulated Substations (GIS) in the Durgapur-Raniganj-Asansol…
Adani Power allots Rs 7,500 crore NCDs under approved fundraising plan
Adani Power Limited has allotted secured, listed, non-convertible debentures worth Rs 7,500 crore through a private placement. The issuance is part of a fundraising plan approved earlier by the company’s Board. The debentures have been issued in multiple series with tenors ranging from two to five years and are rated AA with a stable outlook….
SECI debars Reliance Power and subsidiaries from tenders over fake documents
The Solar Energy Corporation of India (SECI) has barred Reliance Power (R-Power) and its subsidiaries from participating in its tenders for three years, following the submission of a fake document by R-Power for a SECI tender issued in June. The notice, released on November 6, under the Ministry of New and Renewable Energy (MNRE), specifies…
