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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…
NTPC Green and MAHAPREIT form JV for 10,000 MW renewable projects
NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited, and Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) have formed a joint venture (JV) to develop 10,000 megawatts (MW) of renewable energy projects. The JV, named NTPC-MAHAPREIT Green Energy Limited, was established on April 8, 2025. NGEL holds a 74 percent…
POWERGRID commissions Rajasthan renewable evacuation transmission system
POWERGRID Bhadla Sikar Transmission Limited (PBSTL), a wholly owned subsidiary of Power Grid Corporation of India Limited (POWERGRID), has commissioned the project titled “Transmission system strengthening scheme for evacuation of Power from Solar energy Zones in Rajasthan (8.1GW) under Phase II – Part E”. The Notification for Commercial Operation (DOCO) was received on January 16,…
Telangana to add 20,000 MW renewable energy capacity by 2030
Telangana aims to add 20,000 MW to its existing renewable energy generation and storage capacity by 2030, Deputy Chief Minister Mallu Bhatti Vikramarka announced. The state will focus on Standalone Renewable Energy Projects, floating solar, Waste to Energy, and Green Hydrogen to achieve this goal. The current renewable energy capacity stands at 11,399 MW, including…
Juniper Green signs PPA with NHPC for 250 MW hybrid project
Juniper Green Energy Limited, through its subsidiary Juniper Green Cosmic Private Limited, has signed a 25-year power purchase agreement (PPA) with NHPC Limited for a 250 MW firm and dispatchable renewable energy project in Haryana. The hybrid project will integrate solar, wind, and battery energy storage systems. Power will be supplied to the Haryana Power…
Bondada wins Rs 1,338 crore NTPC solar-BESS contract
Bondada Engineering Limited has received a Notification of Award (NOA) from NTPC Renewable Energy Limited for an engineering, procurement and construction (EPC) package involving a 250 MW Solar PV project integrated with a 50 MW/200 MWh Battery Energy Storage System (BESS) in Sitapur, Uttar Pradesh. The total contract value is approximately Rs 1,338 crore, inclusive…
