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Jupiter International commissions 1 GW solar cell unit at Baddi
Jupiter International Ltd has commissioned a 1 GW mono-PERC solar cell manufacturing unit in Baddi, Himachal Pradesh, increasing its total installed solar cell capacity to approximately 2 GW. The new facility, set up by its wholly owned subsidiary Jupiter Solartech Pvt Ltd, is located in Village Katha in Solan district. It is the company’s third…
India | Leadership | NewsAdani Energy Solutions appoints Ashok Jagetiya as CFO
Adani Energy Solutions Limited has announced a change in its Chief Financial Officer (CFO), with effect from the close of business hours on May 30, 2026. The Board approved the appointment of Ashok Jagetiya as CFO and KMP with effect from May 31, 2026. The appointment was made based on the recommendations of the Nomination…
TARIL secures USD 16.26 million export transformer order
Transformers and Rectifiers (India) Limited (TARIL) has secured an export order worth USD 16,258,352, equivalent to about Rs 150 crore, from PDC AK LPIV, LLC. The contract covers the manufacturing and supply of five transformers, with delivery scheduled by mid-2027. The company stated that the order falls within its normal course of business and does…
PNC Infratech secures 300 MW solar plus storage project in NHPC auction
PNC Infratech Ltd has been selected as one of the lowest (L1) bidders in NHPC’s Tranche-XI auction to develop an interstate transmission system (ISTS)-connected solar power project with integrated energy storage. The company secured 300 MW of solar capacity and 150 MW/600 MWh of energy storage, quoting a tariff of Rs 3.13 per kWh. The…
Adani Green Energy establishes new subsidiary for renewable energy projects
Adani Green Energy Limited (AGEL) has established a new wholly-owned subsidiary, Adani Hydro Energy Five Limited (AHE5L), through its subsidiary Adani Saur Urja (KA) Limited. Incorporated on November 26, 2024, AHE5L is registered in Ahmedabad, Gujarat, with an authorized and paid-up capital of Rs 100,000. AHE5L will generate, develop, transform, distribute, transmit, sell, and supply…
Welspun New Energy to invest Rs 135 billion in Odisha’s energy projects
Welspun New Energy has signed a Memorandum of Understanding (MoU) with the Government of Odisha to invest Rs 135 billion in the state’s renewable energy sector. The investment includes plans for a 1,200 MW pumped hydro project and a 1,000 MW floating solar power project. These initiatives aim to boost Odisha’s energy storage capacity and…
