Refex Green Power Limited (RGPL), a subsidiary of Refex Renewables & Infrastructure Limited, has incorporated Refex Solar SPV Five Limited to implement a 100 MW solar power project awarded by NTPC Limited.
Refex Solar SPV Five, wholly owned by RGPL, has been set up with a paid-up equity share capital of Rs 1 million.Â
The project will operate under a 25-year power purchase agreement with NTPC.
HR Godavari Private Limited, the special purpose vehicle (SPV) of Hinduja Renewables Energy Private Limited, has signed two power purchase agreements (PPAs) with Lloyd Metals and Energy Limited. These PPAs cover the supply of 60.7 MW (86.05 MWp) of solar power under a captive model. The agreements include one PPA for 10.7 MW (16.05 MWp)…
The COP29 summit in Baku, Azerbaijan, concluded with the adoption of the Baku Finance Goal (BFG), which commits developed nations to mobilize $300 billion annually by 2035 and aims for $1.3 trillion in long-term climate finance for developing countries. The agreement also finalized Article 6 negotiations, enabling high-integrity carbon markets expected to generate $1 trillion…
Akaysha Energy has brought the first 350 MW / 700 MWh of the Waratah Super Battery online. Commissioned by the New South Wales (NSW) Government and developed by Akaysha Energy, the facility is intended to act as a shock absorber for the state’s electricity grid during events such as heatwaves, lightning strikes and bushfires. The…
Prozeal Green Energy Limited has submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) worth Rs 7.00 billion. The offering consists of a fresh issue of Rs 3.50 billion and an offer for sale of Rs 3.50 billion by existing shareholders. Of…
Oriana Power Limited has received a letter of award for the development of a 234 MW grid-tied floating solar photovoltaic (FSPV) plant at the Maithon Dam Reservoir operated by Damodar Valley Corporation (DVC) in Jharkhand. The contract is valued at Rs 1,180.53 crore, including GST. The company stated that it received purchase orders from a…
Indian Energy Exchange (IEX) reported its highest monthly electricity traded volume at 13,050 million units (MU) in January 2026, up 19.6% from the same month last year. Higher supply liquidity and lower prices across key segments supported the increase in market activity. In a regulatory filing to stock exchanges, IEX said volumes in the Real-Time…