Shakti Pumps Limited has invested Rs 40 million in its wholly owned subsidiary, Shakti Energy Solutions Private Limited (SESPL), by subscribing to 40 million equity shares with a face value of Rs 1 each.
The investment aims to expand SESPL’s business operations to align with Shakti Pumps’ growth strategy.
Bangladesh owes Tripura Rs 20 billion for electricity supplied under an agreement with the Tripura State Electricity Corporation Limited. Tripura provides 60-70 MW of power, but the dues are increasing daily. Chief Minister Manik Saha stated that no decision has been made on halting the supply yet, but payment must be cleared to avoid disruptions….
Jakson Green plans to invest up to Rs 86.66 billion over the next four years to expand its renewable energy portfolio. The investment will be financed through a mix of debt and equity as the company strengthens its position in the sector. Originally focused on diesel generator manufacturing, Jakson Green has diversified into renewable energy…
Juniper Green Energy Limited has commissioned the remaining 43 megawatt peak (MWp) of solar capacity at its hybrid project site in Karanja, Maharashtra. With this, the company has completed the 103 MWp solar component of its 129 MWp hybrid power project. The solar capacity was commissioned in two phases: 59.55 MWp in June 2025 and…
Surana Solar Limited has acquired a 100% stake in Surana Technologies Private Limited, making it a wholly-owned subsidiary. Surana Technologies, with an authorized, subscribed, and paid-up capital of Rs 100,000, operates in the solar energy sector, specializing in trading, distribution, supply, generation, transmission, and manufacturing of solar products. This acquisition aligns with Surana Solar’s strategy…
Ashoka Buildcon plans to invest Rs 90 billion in establishing a green hydrogen plant in Bihar. The company has signed a memorandum of understanding with the Bihar government for the project. The plant will include a 1,250 MW solar project to produce clean electricity for generating green hydrogen through water electrolysis. The first phase, located…
The Board of Directors of Uttarakhand Jal Vidyut Nigam Limited (UJVN) has approved civil and hydro-mechanical (H&M) works for the 120 MW Sirkari Bhyol-Rupsiabagar Hydro Electric Project. The project, comprising three units of 40 MW each, will be developed on the Goriganga River in Munsiyari, Pithoragarh district, with an investment of Rs 8.79 billion. In…