REC Power Development and Consultancy Limited (RECPDCL) has established Lakadia B Power Transmission Limited, a special purpose vehicle (SPV) aimed at augmenting the transformation capacity of the 765/400 kV Lakadia Substation in Gujarat.Â
RECPDCL has been designated as the bid process coordinator to select a transmission service provider for this project through a tariff-based competitive bidding process.
WattPower has signed a strategic agreement with Solarium Green Energy Limited to expand solar deployment in Madhya Pradesh and Maharashtra. The collaboration focuses on supporting the central government’s Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM) scheme by advancing decentralised solar electrification in rural areas. Under the agreement, Solarium has been named WattPower’s Value Added Partner….
President-elect Donald Trump has appointed Chris Wright, a veteran of the US energy sector and CEO of Liberty Energy, as the next energy secretary. Wright is recognised as a pioneer of the American shale revolution, having played a crucial role in advancing hydraulic fracturing technologies that reshaped the global energy landscape. Wright brings decades of…
On December 19, 2024, Gujarat Urja Vikas Nigam Limited (GUVNL) announced the winners of its 500 MW Solar Photovoltaic (PV) Power Projects under Phase XXV without energy storage systems (ESS). The successful bidders are: Drashta Green Power Limited: 10 MW at Rs 2.55 per kWh S.B.B. Mouldings Private Limited: 10 MW at Rs 2.55 per…
Technip Energies has been awarded a front-end engineering design (FEED) contract for Uniper’s new combined cycle gas turbine (CCGT) power station with carbon capture and storage (CCS) at Connah’s Quay, located in the northwest of England. The Connah’s Quay low-carbon power project will be integrated into the Hynet Cluster’s COâ‚‚ transport and storage infrastructure. Uniper…
StarlinePS Enterprises Limited has approved the acquisition of a 50% stake in Celloraa Energy Private Limited, a solar cell manufacturing company, for a total cash consideration of Rs 160 crore. The approval was granted by the company’s Board of Directors. Under the transaction, StarlinePS will acquire 25,000 equity shares of Celloraa Energy at Rs 64,000…
Kholongchhu Hydro Power Ltd (KHPL) has signed a Rs 4,829 crore term loan agreement with Power Finance Corporation (PFC) to fund the 600-megawatt Khorlochhu Hydropower Project in Bhutan.  KHPL is a joint venture with Druk Green Power Corporation Ltd (DGPC) holding 60 per cent and Tata Power Company Ltd holding 40 per cent. Located in…