Servotech Power Systems has rebranded as Servotech Renewable Power System, signalling its shift to renewable energy.
The new name reflects the company’s focus on solar products, EV chargers, and sustainable energy solutions.
Founder & Managing Director Raman Bhatia highlighted the company’s commitment to clean energy, stating, “Our future is in green energy.”
The Ministry of Heavy Industries (MHI) has signed a Programme Agreement with Reliance New Energy Battery Limited, a subsidiary of Reliance Industries Limited, under the Production Linked Incentive (PLI) Scheme for Advanced Chemistry Cell (ACC). Signed on February 17, 2025, the agreement grants Reliance a 10 GWh ACC manufacturing capacity, making it eligible for incentives…
Prime Minister Narendra Modi has laid the foundation stone for Power Grid Corporation of India Limited’s (PGCIL) Transmission System for Integration of Kurnool-IV Renewable Energy Zone (REZ) – Phase-I, a project designed to evacuate 4.5 GW of renewable energy from Andhra Pradesh. The Prime Minister also dedicated two PGCIL transmission projects with a combined renewable…
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has directed Adani Energy Solutions Step Eleven Limited (AESSEL) and Adani Energy Solutions Limited (AESL) to invite public suggestions and objections on their application for a parallel distribution licence for a Data Centre Park at Plot No. 20, Sector-62, Noida. Following preliminary examination of the petition filed under…
Oriana Power Limited (Oriana Power) has approved a Rs 75 crore fundraising plan through a private placement of debentures. The decision was taken at a meeting of the Board of Directors held on 5 January 2026. The funds are intended to support the company’s expanding project pipeline, including recently secured solar and energy storage contracts….
Power Grid Corporation of India Limited (PGCIL) has awarded two contracts under its bulk procurement programme for 765 kV and 400 kV class transformers and reactors. The first contract, valued at Rs 3.17 billion, was awarded to CG Power & Industrial Solutions Limited for the 765 kV Reactor Package 7RT-21-BULK. The package covers 30×80 MVAR,…
The Government of Singapore has announced a $500 million investment under its FAST-P (Financing Asia’s Transition Partnership) program to support clean energy deployment and industrial decarbonisation across Asia. Launched in 2023, FAST-P aims to lower investment risks in energy transition projects by providing catalytic capital that matches private sector funds on a 1:1 basis. The…