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Alfa Transformers wins Rs 3.79 crore TPCODL contract
Alfa Transformers Limited has secured a contract worth Rs 3.79 crore from TP Central Odisha Distribution Limited (TPCODL), a joint venture of Tata Power and the Government of Odisha. The order covers the supply of distribution transformers of various capacities. The contract was awarded on April 28, 2026, and will be executed over two years,…
JBIC signs JPY 80 billion loan agreement with PGCIL for HVDC project
The Japan Bank for International Cooperation (JBIC) has signed a loan agreement of up to JPY 80 billion with Power Grid Corporation of India Limited (PGCIL) to support a high-voltage direct current (HVDC) transmission project connecting the Khavda Renewable Energy Park in Gujarat to Nagpur in Maharashtra. The agreement follows PGCIL’s board approval in June…
Digital growth must not outpace sustainability goals, says Qatar-backed report
A report backed by Invest Qatar and Iberdrola Innovation Middle East warns that unless clean energy investment keeps pace, digitalisation could strain power grids and delay net zero transitions. Data centres consumed 1.5% of global electricity in 2024, with demand rising 12% annually since 2017. By 2030, their consumption is projected to double to 945…
Envision Energy partners with Juniper Green for wind and storage projects
Envision Energy signed an agreement with Juniper Green Energy Private Limited on January 9, 2025, to supply wind turbine generators (WTGs) and battery energy storage systems (BESS) for renewable energy projects across India. Key agreements include: 200 units of EN-182 WTGs: Each with a rated capacity of 5 MW, to be used in Juniper Green’s…
Renewable Power Capital secures refinancing for Klevberget wind farm in Sweden
Renewable Power Capital (RPC) has closed a €115 million long-term refinancing package for its 146 MW Klevberget onshore wind farm in Västernorrland, Sweden. The refinancing, facilitated by the Nordic Investment Bank (NIB) and Danske Bank, replaces a short-term construction bridge loan, establishing a stable capital structure for RPC’s projects. The Klevberget wind farm, consisting of…
MoEFCC clears ToR for Saidongar pumped storage projects
The Ministry of Environment, Forest and Climate Change (MoEFCC) granted Terms of Reference (ToR) for the 3,000 MW Saidongar I (Closed loop) Pumped Storage Project and the 1,200 MW Saidongar II (Closed loop) Pumped Storage Project in Maharashtra on February 18, 2025. Torrent Power Limited (TPL) will implement the 3,000 MW Saidongar I project through…
