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USD 2 billion Thai Binh LNG power plant to begin construction in 2025
The USD 2 billion Thai Binh LNG power plant project in northern Vietnam will begin construction in late 2025 after completing its feasibility study by mid-year. Led by Thai Binh LNG Power JSC, a joint venture of Japan’s Tokyo Gas, Kyuden International, and Vietnam’s Truong Thanh Vietnam Group, the plant aims to generate 10 billion…
KPIL secures Rs 20.38 bn orders in T&D and building projects
Kalpataru Projects International Limited (KPIL) has won new orders worth Rs 20.38 billion in the transmission and distribution (T&D) sector across domestic and international markets, along with building projects in India. These orders increase KPIL’s year-to-date (YTD) order intake to Rs 193.61 billion. KPIL is a leading engineering, procurement, and construction (EPC) firm engaged in…
Servotech secures Rs 302 million rooftop solar project in Uttarakhand
Servotech Power Systems has won a 5.6 MW on-grid rooftop solar power plant order worth Rs 302 million from the Uttarakhand New and Renewable Energy Development Agency (UREDA). The company will oversee the design, supply, installation, net metering, testing, and commissioning of the solar plants. The installations, ranging from 1 kW to 1500 kW, will…
CESC board approves Rs 300 crore NCD issuance
CESC Limited will raise Rs 300 crore through 30,000 non-convertible debentures (NCDs) via private placement. Each debenture has a face value of Rs 1 lakh, is senior, secured, rated, unlisted, and carries a three-year tenure. The NCDs will offer a floating coupon of 3-month Treasury Bill rate plus 2.30% per annum, paid quarterly. In case…
Adani Power secures 2,500 MW RTC renewable energy contract from MSEDCL
Adani Power Limited has received a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for supplying 2,500 MW of round-the-clock (RTC) renewable energy. The company disclosed that the LoA was received on April 1, 2026. The contract follows Adani Power being declared the successful bidder through an e-reverse auction process. It…
Reliance Power wins 500 MW Battery Energy Storage contract from SECI
Reliance Power has secured a contract from the Solar Energy Corporation of India (SECI) to establish a 500 MW/1000 MWh Battery Energy Storage System (BESS). Awarded through a tariff-based competitive bidding (TBCB) process, the standalone BESS will operate on a build, own, and operate (BOO) model for ‘on demand’ usage, marking the company’s entry into…
