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Tata Power and Tata Motors partner for 131 MW wind-solar hybrid power project
Tata Power Renewable Energy Limited (TPREL) and Tata Motors have entered into a Power Purchase Agreement (PPA) to develop a 131 MW wind-solar hybrid power project in India. The agreement was signed on April 21, 2025. The power generated from this project will be supplied to six Tata Motors manufacturing plants located in Gujarat and…
Bangladesh owes Tripura Rs 20 billion in electricity dues
Bangladesh owes Tripura Rs 20 billion for electricity supplied under an agreement with the Tripura State Electricity Corporation Limited. Tripura provides 60-70 MW of power, but the dues are increasing daily. Chief Minister Manik Saha stated that no decision has been made on halting the supply yet, but payment must be cleared to avoid disruptions….
Adani Power allots Rs 7,500 crore NCDs under approved fundraising plan
Adani Power Limited has allotted secured, listed, non-convertible debentures worth Rs 7,500 crore through a private placement. The issuance is part of a fundraising plan approved earlier by the company’s Board. The debentures have been issued in multiple series with tenors ranging from two to five years and are rated AA with a stable outlook….
SEG Solar plans third U.S. module plant with 4.6 GW capacity
SEG Solar has announced plans to establish its third solar module manufacturing facility in Greater Houston, with a planned production capacity of 4.6 GW. The addition will increase the company’s total planned solar module manufacturing capacity in the United States to 10.6 GW. The proposed facility will span 1.15 million square feet and is expected…
ACCIONA Energía sells hydro portfolio to Endesa for €1 billion
ACCIONA Energía has signed an agreement with Endesa for the sale of 100% of Corporación Acciona Hidráulica, S.L., for €1 billion (enterprise value). The debt-free transaction is expected to generate capital gains of €620 million, with completion anticipated in the first half of 2025, pending antitrust and foreign investment approvals. The portfolio includes 34 hydroelectric…
ACME Solar wins 130 MW RTC project from REMC
ACME Solar Holdings Limited today announced that it has received a Letter of Award (LOA) from REMC Limited for a 130 MW renewable energy round-the-clock power project. The project has been awarded to a domestic entity at a tariff of Rs. 4.35 per kWh. The tariff will remain fixed for the entire 25-year project period….
