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PFC sets up SPV for Establishment of 765/400/220 kV AIS Kandalgaon
Power Finance Corporation Limited has set up a new Special Purpose Vehicle through its wholly owned subsidiary PFC Consulting. The SPV, named Raigad Power Transmission Limited, will support the development of the project titled Establishment of 765/400/220 kV AIS Kandalgaon in Raigad district of Maharashtra. Maharashtra State Electricity Transmission Company appointed PFC Consulting as the…
SRP and EDPR NA partner on 200 MW battery storage project in Arizona
Salt River Project (SRP) and Flatland Storage LLC, a subsidiary of EDP Renewables North America (EDPR NA), have announced a partnership to bring 200 MW of energy storage to Arizona’s grid. The Flatland Energy Storage Project, located near Coolidge, Arizona, will use Tesla-manufactured lithium-ion batteries and is expected to be operational by 2025. The 200…
EESL launches solar cold storage units to cut farm-level losses
Energy Efficiency Services Limited (EESL), a joint venture under the Ministry of Power, has launched a national initiative to deploy solar-powered micro cold storage units. The aim is to reduce post-harvest losses and improve farm-level infrastructure for small and marginal farmers. The pilot unit was inaugurated in Kullu, Himachal Pradesh, with support from the Asian…
NLC India Renewables eyes Rs 40 billion IPO in FY26–27
NLC India Renewables is likely to launch an initial public offering (IPO) worth Rs 40 billion in the first half of FY26–27, according to sources cited by Zee Business. The company may file its draft papers with the Securities and Exchange Board of India (SEBI) by March 2026. The IPO plan comes as part of…
Prysmian secures submarine cable projects in France
Prysmian, a leading manufacturer of energy and telecom cables, has entered into a framework agreement with Réseau de Transport d’Électricité (RTE), France’s transmission system operator, to provide submarine power cable links for two offshore wind farms—the Fos and Narbonnaise projects. These links will connect the offshore farms to the French national grid. The agreement includes…
Juniper Green commissions 145.99 MWp solar project in Maharashtra
Juniper Green Energy Private Limited has commissioned a 145.99 MWp solar power project in Chapalgaon village, located in Akkalkot taluka of Solapur district, Maharashtra. The electricity generated from the project will be supplied to the Maharashtra State Electricity Distribution Company Limited (MSEDCL). The project marks a key addition to Juniper Green’s growing renewable energy portfolio…
