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Waaree incorporates two new IPP subsidiaries
Waaree Energies Limited announced on 16 December 2025 that its wholly owned subsidiary, Waaree Forever Energies Private Limited, has incorporated two new wholly owned subsidiaries, Windora Energy Private Limited and Agni Vayu Energy Private Limited. The two entities were incorporated in India on 16 December 2025 and are registered with the Registrar of Companies (RoC),…
AESL acquires Progressive Grid Networks in Kenya
Adani Energy Solutions Limited (AESL) has acquired Progressive Grid Networks Limited (PGNL) in Kenya to explore power transmission opportunities across East Africa. PGNL’s initial share capital stands at KES 1 billion, divided into 100,000 ordinary shares valued at KES 1,000 each. Through this acquisition, AESL secures full ownership by acquiring 100 per cent of the…
India | Finance | News | Policy & ProgrammesRajasthan proposes Rs 2,900 crore for 4,830 MW solar parks in FY27
The Rajasthan government has proposed an outlay of about Rs 2,900 crore in Budget 2026-27 to develop solar parks aggregating 4,830 MW in Bikaner and Jaisalmer and to strengthen the state’s power infrastructure. The renewable projects will be developed through a joint venture model. The planned solar parks include the Mehrasar–Dinarsar–Barala and Sawaisar–Karnisar–Bhatiyan–Bikoloi parks in…
Bondada Group to establish 100 MW hybrid RE plant in Assam
Dr. Bondada Raghavendra Rao, Chairman and Managing Director of Bondada Group, has signed a memorandum of understanding (MoU) with Assam’s Minister of Education, Welfare of Plain Tribe and Backward Classes, Sri Ranoj Pegu, at the Advantage Assam 2.0 Summit 2025 in Hyderabad. The agreement is for setting up a 100 MW hybrid renewable energy plant,…
Telangana targets 20,000 MW green energy by 2029-30 in 50-year power plan
The Telangana government is developing a 50-year power generation plan with a near-term target of installing 20,000 MW of green energy capacity by 2029–30. The roadmap aims to align future capacity expansion with increasing electricity demand and evolving technology trends, while improving energy security and reducing emissions. As per the Resource Adequacy Plan for the…
Serentica signs India’s first load-following renewable PPA with SECI
Serentica Renewables has entered into a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) for 100 megawatts (MW) of round-the-clock renewable supply. The company stated that this is the country’s first “load-following” PPA, developed in consultation with SECI and state distribution companies (DISCOMs) to align with the seasonal load profile of…
