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L&T sets up new subsidiary for green hydrogen business
Larsen & Toubro (L&T) has incorporated L&T Green Energy Kandla Private Limited through its wholly-owned unit, L&T Energy Green Tech Limited. The company was officially registered on April 4, 2025. The new entity will focus on the development of green hydrogen and its derivatives, including green ammonia. It will also undertake related business activities as…
JBIC signs JPY 80 billion loan agreement with PGCIL for HVDC project
The Japan Bank for International Cooperation (JBIC) has signed a loan agreement of up to JPY 80 billion with Power Grid Corporation of India Limited (PGCIL) to support a high-voltage direct current (HVDC) transmission project connecting the Khavda Renewable Energy Park in Gujarat to Nagpur in Maharashtra. The agreement follows PGCIL’s board approval in June…
Centre launches ADEETIE scheme to boost MSME energy efficiency
The Ministry of Power has launched the Assistance in Deploying Energy Efficient Technologies in Industries & Establishments (ADEETIE) scheme with a total outlay of Rs 1000 crore. ADEETIE aims to accelerate India’s transition to a low-carbon economy by supporting Micro, Small, and Medium Enterprises (MSMEs) in adopting energy-efficient technologies. The scheme is being implemented by…
Vibrant Gujarat meet draws major renewable investment proposals
The Vibrant Gujarat Regional Conference held in Rajkot on January 12-13, 2026, resulted in major renewable energy investment proposals for Gujarat. Four companies signed Memoranda of Understanding (MoUs) with the Government of Gujarat, committing investments of over Rs 34,000 crore across renewable power, biofuels, and biogas projects. NLC India Limited (NLCIL), a Navratna public sector…
Gensol Engineering secures EPC contract for 22 MW solar projects
Gensol Engineering Limited has won an EPC contract worth Rs 880 million from a steel products company to develop 22 MW solar photovoltaic (PV) power projects in Punjab. The contract was awarded on December 18, 2024 and is scheduled for completion within six months.
EDF Renewables signs 20-year energy storage PPA with APS for 250 MW Beehive BESS
EDF Renewables has secured a 20-year Energy Storage Power Purchase Agreement (PPA) with Arizona Public Service (APS) for the Beehive Battery Energy Storage System (BESS) in Peoria, Arizona. This 250 MW, four-hour duration stand-alone battery system, totalling 1,000 MWh, will start construction in 2025 and is set for commercial operation by 2026. Beehive BESS, equipped…
