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CEB connects 132 kV Wagawatta substation to Sri Lanka’s national grid
Ceylon Electricity Board (CEB) has connected the newly constructed 132 kV Wagawatta substation to Sri Lanka’s national grid. The 90 MVA substation, located on a five-acre site provided by the Board of Investment of Sri Lanka (BoI), houses two 45 MVA, 132/33 kV power transformers. Designed to supply electricity to the BOI-managed Wagawatta and Millaniya…
QPEEL secures Rs 197 million reactor order for renewable energy grid integration
Quality Power Electrical Equipments Limited (QPEEL) has landed an order worth Rs 197 million for the supply of reactors for flexible alternating current transmission systems (FACTS) used in power transmission. The single large order, placed by a Fortune 500 client, is specifically geared toward coil products for FACTS applications in the renewable energy segment. The…
- India | Generation | News
Vedanta secures 500 MW power supply contract from Tamil Nadu utility
Vedanta Limited’s thermal power units, Meenakshi Energy (MEL) and Vedanta Limited Chhattisgarh Thermal Power Plant (VLCTPP), have jointly won a 500 MW Power Purchase Agreement (PPA) from the Tamil Nadu Power Distribution Corporation (TNPDCL). The five-year agreement, effective from February 1, 2026, to January 31, 2031, is priced at Rs 5.38 per kWh. Meenakshi Energy…
CleanMax secures financing to develop solar projects in UAE
CleanMax has secured a long-term credit facility of AED 99 million from Hong Kong and Shanghai Banking Corporation (HSBC) to develop and finance its onsite solar portfolio in the UAE. The facility will support the installation of 92 solar assets across industrial facilities, malls, schools, and universities. Additionally, the financing includes an uncommitted accordion of…
CERC proposes one-time exit for stranded RE transmission connectivity
The Central Electricity Regulatory Commission (CERC) has issued a draft order proposing a one-time mechanism to address inter-state transmission system connectivity granted to renewable energy projects that have not signed power purchase agreements (PPAs) within the stipulated period. The proposal aims to release blocked transmission capacity and reallocate it to projects ready for execution. The…
Premier Energies completes 51% stake acquisition in HeliosAnthos Energies
Premier Energies Limited has completed the acquisition of equity shares in HeliosAnthos Energies Private Limited, following its investment to establish a joint venture with BA Prerna Renewables Private Limited. The company acquired 1,045,550 equity shares of HeliosAnthos Energies Private Limited for a consideration of Rs 10,455,500. The shares were issued on a preferential basis through…
