Promax Power has secured a Rs 554.3 million contract to design, supply, erect, test, and commission 132/33 kV substations and associated 132 kV bays.
The project includes developing four 132 kV substations with fully equipped control room buildings, installing four 132/33 kV 31.5 MVA transformers, and constructing three 132 kV substation bays.
Prime Minister Narendra Modi inaugurated a 4 MW solar project in Ekta Nagar, Gujarat, valued at Rs 232.6 million. This initiative is part of ongoing efforts to enhance the Statue of Unity area as an international tourist destination while promoting sustainable energy solutions in the region.
KPI Green Energy Limited has secured Rs 979 crore in debt financing from Canara Bank for a 150 MW wind power project in Gujarat, to be developed under the Independent Power Producer (IPP) model. The facility includes a Rs 931 crore term loan and a Rs 48 crore bank guarantee. The project is located across…
Adani Power and Druk Green Power Corporation Ltd. (DGPC) have formalised agreements with the Royal Government of Bhutan to develop the 570 MW Wangchhu hydroelectric project, with construction expected to begin in 2026. The Shareholders Agreement for the project was signed between Adani Power and DGPC, alongside the initialling of the Power Purchase Agreement. The…
Suzlon Energy Limited (SEL) has secured a contract from NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC Limited, for a 378 MW wind power project in the Gadag region of Karnataka. The order, awarded on April 23, 2025, includes the supply, erection, and commissioning of 120 S144 wind turbine generators (WTGs), each with…
India’s battery storage sector saw a major boost as Tata Power Renewable Energy Limited (TPREL) and ACME Solar Holdings secured Battery Energy Storage Purchase Agreements (BESPAs) with NHPC Limited for projects in Kerala and Andhra Pradesh, respectively. As per exchange filings on 18 July 2025, Tata Power’s subsidiary TPREL has won a contract to set…
SWELECT Energy Systems Ltd. reported a consolidated profit after tax (PAT) of Rs 57.58 crore for the financial year ended March 31, 2026, compared to Rs 13.98 crore in the previous fiscal year. The company’s board approved the standalone and consolidated financial results for the quarter ended March 31, 2026 (unaudited) and the full financial…