NTPC Renewable Energy Limited (NTPC REL) has signed a memorandum of understanding (MoU) with Deendayal Port Authority to establish a green hydrogen fueling station and deploy 11 hydrogen-powered buses at Kandla Port, Gujarat.
This initiative seeks to replace fossil fuel-based buses at the port, advancing clean energy adoption while supporting decarbonisation and energy security.
Adani Green Energy Limited (AGEL), through its stepdown subsidiaries, has brought 87.5 megawatts of power projects into operation at Khavda, Gujarat. With these additions, AGEL’s total operational renewable generation capacity has reached 16,078 megawatts. The projects received necessary clearances on September 7, 2025, the decision was made to declare them commercially operational from September 8,…
Gensol Engineering Limited has approved fundraising of up to Rs 6 billion to strengthen its balance sheet and move towards a zero net-debt position. The company plans to raise Rs 4 billion through foreign currency convertible bonds (FCCBs) and Rs 2 billion via warrants issued to promoters. Alongside the fundraise, Gensol is divesting assets, including…
Premier Energies Global Environment Private Limited, Premier Energies International Private Limited, and Premier Energies Photovoltaic Private Limited, subsidiaries of Premier Energies Limited, have secured contracts worth Rs 10.87 billion for the supply of solar modules and cells in India as of November 25, 2024. The contracts include Rs 9.64 billion for solar modules and Rs…
Juniper Green Energy has received debt financing of Rs 17.39 billion from the Indian Renewable Energy Development Agency Limited (IREDA). The funding will support the company and its subsidiaries in scaling renewable energy projects and expanding operational capacity. This follows Juniper’s $1 billion debt raise earlier in 2024 from IREDA, Power Finance Corporation Limited, DBS…
Andhra Pradesh attracted Rs 13.25 lakh crore of investment commitments by signing 613 MoUs during the 30th CII Partnership Summit 2025 in Visakhapatnam. The two-day event on November 14 and 15 drew strong interest from Indian and global investors. Chief Minister N Chandrababu Naidu called the summit historic and announced that the next edition will…
The State Investment Promotion Board (SIPB) of Andhra Pradesh has approved investment proposals worth Rs 183.58 billion for setting up 2,087.6 MW of renewable energy projects across the state. The approved projects include: NSL Renewable CPP Private Limited: A 50 MW wind-solar hybrid power project with an investment of Rs 5.67 billion. Tata Power Renewable…