Corporate developments

India | News | Renewable Energy

Premier Energies approves renewable EPC JV
By February 10, 2026February 10, 2026

Premier Energies Limited has approved the formation of a new joint venture focused on renewable energy engineering, procurement, and construction (EPC) projects. The decisions were taken at a meeting of the Board of Directors held on February 9, 2026. The board cleared an investment in HeliosAnthos Energies Private Limited to form a 51:49 joint venture with BA Prerna Renewables Private Limited. The proposed joint venture will execute EPC contracts for solar, wind, battery energy storage…

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India | News | Renewable Energy

AGEL sets up Adani Ecogen Five subsidiary for new renewable projects
By January 5, 2026January 5, 2026

Adani Green Energy Limited (AGEL) has created a new step-down subsidiary named Adani Ecogen Five Limited (AE5L) to focus on renewable power generation. The development was reported to stock exchanges through a regulatory filing dated 02 January 2026. In its filing to BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE), AGEL stated that AE5L was incorporated on 01 January 2026 by Adani Renewable Energy Holding Eleven Limited (AREH11L), which is a…

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India | News | Renewable Energy

Waaree Energies sets up 10 project specific subsidiaries
By December 24, 2025December 24, 2025

In a regulatory filing dated 23 December 2025, Waaree Energies Limited stated that its wholly owned subsidiary, Waaree Forever Energies Private Limited (WFEPL), had received certificates of incorporation for ten new step-down subsidiaries. The entities have been set up as Independent Power Producers (IPPs) to hold specific power projects under the IPP framework. The subsidiaries, all incorporated in India and registered with the Registrar of Companies in Mumbai, are: Lumina Greentech Private Limited, Prithvi Vayu…

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India | News | Renewable Energy

ACME Solar wins 130 MW RTC project from REMC
By December 24, 2025December 24, 2025

ACME Solar Holdings Limited today announced that it has received a Letter of Award (LOA) from REMC Limited for a 130 MW renewable energy round-the-clock power project. The project has been awarded to a domestic entity at a tariff of Rs. 4.35 per kWh. The tariff will remain fixed for the entire 25-year project period. ASH stated that the disclosure was voluntary and clarified that the award does not qualify as a related party transaction….

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India | Leadership | News

Exide Industries infuses Rs 180 crore into lithium ion arm, names new CEO
By December 23, 2025December 23, 2025

Exide Industries Limited has announced a leadership change and a fresh capital infusion in its wholly owned subsidiary, Exide Energy Solutions Limited, through regulatory filings dated 23 December 2025. Mandar V Deo resigned as Managing Director and Chief Executive Officer of EESL on 22 December 2025. The EESL board accepted his resignation on the same day. Exide Industries has appointed Pravin Ramchandra Saraf, Executive Director of Exide Industries, as the new Managing Director and CEO…

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India | News | Renewable Energy

Waaree incorporates two new IPP subsidiaries
By December 17, 2025December 18, 2025

Waaree Energies Limited announced on 16 December 2025 that its wholly owned subsidiary, Waaree Forever Energies Private Limited, has incorporated two new wholly owned subsidiaries, Windora Energy Private Limited and Agni Vayu Energy Private Limited. The two entities were incorporated in India on 16 December 2025 and are registered with the Registrar of Companies (RoC), Mumbai. Both companies have been classified as Independent Power Producers (IPPs) and have been established solely to facilitate and hold…

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