Power Sector News Roundup for October 23, 2025
Author: PPD Team Date: October 24, 2025
Author: PPD Team Date: October 24, 2025
Author: PPD Team Date: November 25, 2025 India Adani Green Energy sets up two new hydro energy subsidiaries Adani Green Energy Limited has set up two step down subsidiaries to expand its renewable portfolio. Adani Hydro Energy Thirteen Limited and Adani Hydro Energy Sixteen Limited were incorporated on 21 November 2025 and are fully owned by Adani Saur Urja KA Limited. AGEL informed the exchanges on the same date. The entities will focus on renewable…
Author: PPD Team Date: January 16, 2026 India SECI, NDMC sign MoU to solarise 244 civic buildings in Delhi The Solar Energy Corporation of India and the New Delhi Municipal Council have signed a Memorandum of Understanding to install solar power systems on around 244 civic buildings in Delhi. The MoU was exchanged in the presence of NDMC Chairman Sh. Keshav Chandra, IAS, and signed by Sh. Manas Ranjan Mishra of SECI and Er. Deepak…
Author: PPD Team Date: December 4, 2025 India Vikram Solar names Arun Mittal as CEO of VSL Powerhive Vikram Solar has appointed Arun Mittal as CEO of VSL Powerhive Private Limited to support its entry into the energy storage market as module capacity reaches 9.5 GW. VSL Powerhive will focus on battery storage as part of the company’s plan to operate as an integrated energy transition firm. Mittal brings more than thirty years of experience…
Author: PPD Team Date: January 9, 2026 India Adani Green signs power supply and investment deals with Asahi India Glass Adani Green Energy Limited said on 7 January 2026 that its step-down subsidiary, Adani Green Energy Twenty Five B Limited, has executed two agreements with Asahi India Glass Limited. The subsidiary has signed a Power Consumption Agreement to supply 20.8 MW of solar wind hybrid power from a 25 MW solar unit and a 20.8…
Author: PPD Team Date: December 30, 2025 India Waaree Energies announces CEO succession, subsidiary starts solar plant Waaree Energies Limited reported two major developments, including a leadership transition and expansion of manufacturing capacity. Its subsidiary, Waaree Power Private Limited, has started production at two solar inverter manufacturing lines at Sarodhi-Valsad, Gujarat, each with 1.525 GW capacity, totaling 3.05 GW. Operations began at 10:00 AM on 29 December 2025. Separately, CEO Amit Pathankar has resigned, with…
Author: PPD Team Date: January 14, 2026 India PFC opens Rs 5,000 crore secured NCD issue Power Finance Corporation Limited has announced a public issue of secured, redeemable, non-convertible debentures with a base size of Rs 500 crore and an option to retain oversubscription of up to Rs 4,500 crore. The issue opens on January 16, 2026, and is being launched under a shelf prospectus limit of Rs 10,000 crore as Tranche I. The NCDs…