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Key leadership changes in India’s power sector
The past year witnessed several leadership transitions across the power sector, both at the ministerial level and within major companies. New ministers have taken charge at the central and state levels, while several public and private sector organisations have also announced senior management appointments. Among public sector undertakings, leadership changes were seen in the Ministry…
Global Contract and Deal Updates – January 27, 2025
NextEra partners with GE Vernova for natural gas-fired project NextEra Energy has partnered with electric services company GE Vernova to develop natural gas-fired power generation projects in the United States, as reported by Reuters. The collaboration aims to primarily supply electricity to AI data centres and other significant power consumers. This partnership comes amid rising…
HydroWing and PLN to develop Indonesia’s first tidal energy plant
HydroWing, a division of Inyanga Marine Energy Group, has signed a binding agreement with a sub-holding of Indonesia’s state-owned power company, PLN (Perusahaan Listrik Negara), to develop the country’s first tidal energy project. The 10 MW tidal current power plant is planned for East Nusa Tenggara in the Indonesian archipelago. This partnership builds upon a…
KPI Green wins NTPC award for 1 TPD green hydrogen project
KPI Green Energy Limited has informed the exchanges that it has received a Notification of Award (NOA) from NTPC Limited for setting up a green hydrogen generation project. According to the filing dated December 24, 2025, the project will be located at NTPC’s NETRA facility in Greater Noida. It involves establishing a 1 Tonne Per…
Waaree Energies completes acquisition of Waaree Semicon
Waaree Energies Limited has completed the acquisition of a 100% equity stake in Waaree Semicon Private Limited (WSPL) through its wholly owned subsidiary, Waaree Power Private Limited (WPPL). The transaction was completed for a total consideration of Rs 1 lakh. Following the acquisition, WSPL has become a step-down subsidiary of Waaree Energies with effect from…
Hitachi Energy–BHEL win contract for Adani’s Rajasthan transmission project
Rajasthan Part I Power Transmission, a subsidiary of Adani Energy Solutions, has awarded a major contract to a consortium of Hitachi Energy and Bharat Heavy Electricals Limited (BHEL) for the development of a high-voltage direct current (HVDC) transmission system. The project will support evacuation of 6 GW of renewable energy from the Bhadla renewable energy…
