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NTPC commissions 105 MW solar unit in Madhya Pradesh
NTPC Renewable Energy Limited (NTPC REL) has fully commissioned the 105 MW Unit-1 of its solar power project in Madhya Pradesh. The final 50 MW capacity under the project began commercial operations on March 13, 2025, completing the development of Unit-1. This project is part of the larger 325 MW Shajapur Solar Power Park, which…
Intersect Power, Google, and TPG Rise Climate to build clean energy
Intersect Power has partnered with Google and TPG Rise Climate to co-locate renewable energy infrastructure with data centres, aiming to meet the growing demand for clean power while reducing reliance on long-distance transmission. The initiative plans a $20 billion investment in renewable energy and storage by 2030, focusing on enhancing speed of deployment, grid reliability,…
PFC incorporates SPV for Fatehgarh-II synchronous condenser project
Power Finance Corporation Limited (PFC) has announced the incorporation of Fatehgarh II Transmission Limited as a wholly owned subsidiary of PFC Consulting Limited (PFCCL), which is itself a wholly owned subsidiary of PFC. The special purpose vehicle (SPV) has been formed for the installation of two Synchronous Condenser (SynCon) units at the 765/400/220 kV Fatehgarh-II…
L&T and John Cockerill partner to explore solar power and energy storage
L&T Energy Green Tech Limited (LTEGL), a subsidiary of Larsen & Toubro (L&T), has signed a Memorandum of Understanding (MoU) with Belgium-based John Cockerill Energy. The agreement, signed on March 24, 2025, focuses on developing technologies in Concentrated Solar Power (CSP) and Thermal Energy Storage (TES). LTEGL is committed to advancing sustainable energy solutions, including…
Gensol Engineering’s Q3 net profit rises by 29% to Rs 228.9 million
Gensol Engineering Limited has reported a net profit of Rs 228.9 million for the quarter ending September 2024, marking a 28.96% increase from Rs 177.5 million in the same quarter last year. The company’s total income rose by 13.76% to Rs 3,468.2 million, up from Rs 3,048.7 million in the corresponding period of the previous…
Adani and Bhutan’s DGPC to co-develop 5 GW hydropower projects
Adani Group has signed a memorandum of understanding (MoU) with Bhutan’s Druk Green Power Corporation (DGPC) to jointly develop 5 GW of hydropower capacity in Bhutan. This includes ongoing work on the 570/900 megawatt (MW) Wangchhu Hydropower Project. DGPC will hold a 51% majority stake in the projects, while Adani will hold the remaining 49%….
