The Government of Rajasthan (GoR) has signed an agreement with BrightKnight to establish wind-solar hybrid power projects in the state.
As part of the agreement, BrightKnight has committed to investing Rs 150 billion to set up over 2,000 MW of wind-solar hybrid capacity in Rajasthan.
UltraTech Cement Limited has acquired a 26% equity stake in AMPIN C&I Power Forty Four Private Limited, a special purpose vehicle (SPV) developing a 45 MWp direct current (DC) / 30 MW alternating current (AC) solar power project with battery storage in Kalahandi district, Odisha. The investment, valued at up to Rs 15.12 crore, is…
Solarium Green Energy Limited has received a letter of award to execute end-to-end engineering, procurement and construction (EPC) works for a 50 MWac solar photovoltaic (PV) project in Maharashtra, the Ahmedabad-based company said on April 1, 2026. The contract, valued at approximately Rs 188.525 crore excluding goods and services tax (GST), also includes three years…
Green energy startup Glow has secured USD 30 million (approximately Rs 2.5 billion) in funding from venture capital firms Framework and Union Square Ventures. The investment will support Glow’s efforts to promote renewable energy adoption globally, with a primary focus on India. Since its founding in 2023, Glow has launched three solar farms in Rajasthan,…
Dalmia Bharat Limited has announced investments totalling Rs 78 million in three solar power special purpose vehicles (SPVs) to expand its renewable energy capacity. The move supports the company’s goal of sourcing more clean power and advancing its sustainability targets. Through its subsidiaries, Dalmia Cement (Bharat) Limited and Dalmia Bharat Green Vision Limited, the company…
Jyoti Structures Limited has received a notification of award from Adani Electricity Mumbai Limited for extra high voltage (EHV) transmission line modification works linked to the Mumbai Coastal Road Project. The company disclosed the order to stock exchanges on Monday. The contract is valued at Rs 88.33 crore, excluding goods and services tax (GST), and…
On 27 November 2024, NHPC signed a power sale agreement (PSA) with Uttar Pradesh Power Corporation Limited (UPPCL) for the supply of 1,280 MW of Firm and Dispatchable Renewable Energy (FDRE). The agreement, formalized in Lucknow, is part of the Ministry of New and Renewable Energy’s (MNRE) Renewable Energy Implementing Agency (REIA) scheme. FDRE combines…