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Inox Clean Energy raises Rs 3,400 crore NaBFID loan for debt refinancing
Inox Clean Energy Limited (ICEL) has secured a 20-year loan of Rs 3,400 crore from the National Bank for Financing Infrastructure and Development (NaBFID). The funds are designated to refinance existing debt associated with several operational renewable energy projects acquired from Macquarie Group’s Vibrant Energy platform. The long-term debt facility is anticipated to carry an…
Tata Power outlines 30 GW capacity target by FY30
Tata Power outlined its medium-term growth strategy at its Analyst Meet held on 15 December 2025, with a focus on clean and green energy, transmission, distribution, and emerging technologies. The company said it is targeting a total operational capacity of 30 GW by FY30, of which 20 GW is planned from clean and green sources…
Seven firms win BSPGCL’s 125 MW/500 MWh BESS auction
Bihar State Power Generation Company Limited (BSPGCL) has announced the results of its tender for 125 MW/500 MWh standalone battery energy storage systems (BESS). The auction awarded the full capacity at a uniform tariff of Rs 444,000 per MW per month. The awarded capacities are as follows: Barbrik Projects: 37.5 MW/150 MWh ProstarM Info…
Australian Premium India wins contracts for solar equipment
Australian Premium Solar (India) Limited has secured contracts worth Rs 1,498.27 million for the supply of solar panels, photovoltaic (PV) modules, and solar inverters. The contracts include Rs 910.84 million for supplying 540 Wp bifacial solar panels (both Domestic Content Requirement (DCR) and non-DCR), solar inverters ranging from 3.3 kW to 500 Wp, and monocrystalline…
Atlanta Electricals wins Rs 285 crore PSTCL transformer order
Atlanta Electricals Limited has received a Letter of Award (LOA) from Punjab State Transmission Corporation Limited (PSTCL) for the supply of 23 units of 160 MVA, 220/66 kV power transformers along with Nitrogen Injection Fire Prevention and Extinguishing Systems (NIFPES) and optional spares. The total order value is about Rs 285.15 crore, inclusive of applicable…
India | Generation | NewsBHEL to merge units in Haridwar and Hyderabad from April 1
Bharat Heavy Electricals Limited (BHEL) has approved the consolidation of two pairs of manufacturing units in Haridwar and Hyderabad, with effect from April 1, 2026, as part of a restructuring of its heavy electrical and power equipment operations. At its board meeting on March 19, BHEL cleared the merger of the Heavy Electrical Equipment Plant…
