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Bajel Projects commissions Raipur Pool-Dhamtari, Navsari-Magarwada transmission lines
Bajel Projects Limited, formerly Bajaj Electricals Limited, has commissioned two key transmission line packages totaling 132.65 km. The Raipur Pool–Dhamtari (CKT-I and CKT-II) line spans 88.65 km. It was developed under the Western Region Expansion Scheme-XXVIII (WRES-XXVIII). The Navsari–Magarwada (CKT-I and CKT-II) line spans 44 km. It is part of the Western Region Expansion Scheme-XXIX…
GoM suggests new debt restructuring scheme for State Discoms
A Group of Ministers (GoM) chaired by Power Minister Manohar Lal has proposed a new scheme to restructure the rising debt of State-owned power distribution companies (discoms). The panel said the liabilities should be formally recognised as obligations of the respective State governments. The Reserve Bank of India’s State Finance – A Study of Budgets…
SJVN awards 600 MW ISTS-connected wind capacity to four developers
SJVN Limited has concluded its 600 MW interstate transmission system (ISTS)-connected wind power auction, awarding capacity to four developers at tariffs ranging from Rs 3.64 to Rs 3.65 per kWh. KPI Green Energy Limited secured the largest share of the auction with 300 MW at a tariff of Rs 3.64 per kWh. Under the auction…
Drivn secures up to $80 million from Nomura for electric bus, truck rollout
Drivn, a Gurugram based electric mobility startup, has secured financing commitments of up to $80 million from global financial services group Nomura. The funding will support the first phase of deploying close to 1,000 electric buses and trucks for inter city and heavy transport operations. Founded in 2023 by Manav Bansal and Alpna Jain, Drivn…
China ramps up pilot hydrogen programme to meet 2035 targets
China’s National Energy Administration (NEA) has unveiled a nationwide pilot programme to scale hydrogen production, infrastructure, and end-use by 2035, Hydrogen Insight reported. The plan follows a related initiative released on December 31, 2024, by the Ministry of Industry and Information Technology (MIIT), which focused on accelerating low-carbon hydrogen adoption in key industrial sectors. The…
Ramboll completes K2 Management acquisition
Global engineering firm Ramboll has finalized its acquisition of K2 Management, an engineering consultancy specializing in wind and solar energy. With this acquisition, K2 Management is now integrated into Ramboll Group, significantly boosting Ramboll’s wind expertise, which has grown at an annual rate of 25% over the past three years. Ramboll’s Global Wind Division, led…
