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India | News | Renewable Energy

Adani Green Energy forms three new renewable energy subsidiaries
By January 7, 2026January 7, 2026

Adani Green Energy Limited (AGEL) has informed the stock exchanges about the incorporation of three new step-down subsidiary companies through its wholly owned subsidiary Adani Renewable Energy Holding Eleven Limited (AREH11L). Adani Renewable Energy Holding Eleven Limited (AREH11L), a wholly owned subsidiary of Adani Green Energy Limited (AGEL), has incorporated three new wholly owned companies focused on renewable power generation and development. These entities are Adani Ecogen Seven Limited (AE7L), incorporated on 02 January 2026,…

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Finance | India | News

Tata Power outlines 30 GW capacity target by FY30
By December 17, 2025December 17, 2025

Tata Power outlined its medium-term growth strategy at its Analyst Meet held on 15 December 2025, with a focus on clean and green energy, transmission, distribution, and emerging technologies. The company said it is targeting a total operational capacity of 30 GW by FY30, of which 20 GW is planned from clean and green sources such as renewable energy, hydro, and pumped storage projects. The roadmap is aligned with India’s target of 500 GW non-fossil…

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India | News | Renewable Energy

Waaree Energies incorporates new IPP subsidiary
By December 16, 2025December 16, 2025

Waaree Energies Limited has informed the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) about the incorporation of a new step down subsidiary, Eco Flux Renewables Private Limited. According to the regulatory filing dated 15 December 2025, the Certificate of Incorporation for Eco Flux Renewables Private Limited was received on the same date. Eco Flux Renewables Private Limited is a wholly owned subsidiary of Waaree Forever Energies Private Limited, which is…

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India | Leadership | News

BHEL appoints new heads for power marketing and FSIP units
By December 16, 2025December 16, 2025

Bharat Heavy Electricals Limited (BHEL) has announced new leadership appointments for two key business units. The changes were disclosed to the stock exchanges through separate filings dated December 15. Shri Navin Kaul has been appointed as General Manager and Head of Power Sector Marketing, Power Sector Business Group I (PS BG I), based in New Delhi. He has over 33 years of experience at BHEL and holds a Bachelor of Engineering degree in Electronics and…

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India | News | T&D

Tata Power wins transmission SPV, plans Rs 2,000 crore NCD issue
By December 16, 2025December 16, 2025

Tata Power has received a Letter of Intent from REC Power Development and Consultancy Limited (RECPDCL) for the acquisition of Jejuri Hinjevadi Power Transmission Limited, a project special purpose vehicle. The project has been awarded on a Build-Own-Operate-Transfer basis. It involves the construction of around 115 km of a 400 kV double-circuit transmission line connecting Jejuri and Hinjevadi. The scope also includes the extension of substation bays at both ends. The transmission service agreement has…

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India | Leadership | News

APAR Industries announces leadership change in Cable Solutions
By December 16, 2025December 16, 2025

APAR Industries Limited has announced a change in leadership for its Cable Solutions division, following the resignation of the outgoing Chief Executive Officer and the appointment of a new head. Mr Shashi Amin, Chief Executive Officer for Cable Solutions, resigned from his role effective at the close of business hours on December 12, 2025. The company stated that his resignation was to pursue new challenges and opportunities outside the organisation. APAR Industries acknowledged his contribution…

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Generation | India | News

JSW Energy signs 400 MW PPA and clears plan to raise up to Rs 10,000 crore
By December 15, 2025December 15, 2025

JSW Energy Limited has reported a set of corporate actions covering new long-term power sales, capital raising and senior management changes. The announcements were made in filings dated 12 December 2025. JSW Energy Utkal Limited has signed a 25-year Power Purchase Agreement with several distribution companies in Karnataka. The agreement covers 400 MW of supply from 1 April 2026 at a tariff of Rs 5.78 per kilowatt hour. The company said the contract reduces its…

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Generation | India | News

Torrent Power signs LNG supply agreement with JERA for gas-based generation
By December 11, 2025December 10, 2025

Torrent Power Limited has signed a long-term Sale and Purchase Agreement with JERA Company Incorporated of Japan for the supply of up to 0.27 million metric tonnes per annum of liquefied natural gas. The agreement will run for ten years starting in 2027. Torrent Power said the LNG will support two key activities within the group. The supply will fuel the company’s 2,730 MW gas-based generation portfolio, which is used for meeting rising demand, managing…

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India | News

Sterling and Wilson sets up a new subsidiary in Romania
By December 11, 2025December 10, 2025

Sterling and Wilson Renewable Energy Limited has formed a new step-down subsidiary in Romania as part of its international project development strategy. The company said its Dubai-based subsidiary, Sterling and Wilson International Solar FZCO, incorporated Sterling and Wilson Renewable Energy S.R.L on 08 December 2025. The company stated that the Romanian subsidiary will focus on the construction of utility projects for electricity. It has an authorised and subscribed capital of 100 Romanian Leu and was…

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India | News

Waaree Energies forms new subsidiary for IPP project development
By December 11, 2025December 10, 2025

Waaree Energies Limited has set up a new wholly owned step-down subsidiary to support its Independent Power Producer strategy. The company confirmed the incorporation of Solaris Horizon Energy Private Limited on 10 December 2025 through Waaree Forever Energies Private Limited, a wholly owned subsidiary. The company said in its filing that Solaris Horizon Energy Private Limited has been created as an Independent Power Producer. The subsidiary will be used to facilitate and hold identified power…

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