Fourth Partner Energy Private Limited has signed an agreement to supply 28 MW from a wind-solar hybrid project in Tamil Nadu to Hyundai Motor Group. The deal expands an existing relationship that began with rooftop solar installations and has since evolved into a broader decarbonisation programme. The arrangement covers multiple Hyundai group entities, including Hyundai…
Adani Wind, the wind energy manufacturing arm of Adani New Industries Limited, has received a 165 MW order from Fourth Partner Energy Limited (FPEL) for wind turbine supply. The turbines will be deployed across projects in Tamil Nadu, Maharashtra, Karnataka, and Gujarat. The order includes 50 wind turbine generators from Adani’s 3.3 MW platform. Each…
The Competition Commission of India (CCI) has approved the acquisition of certain shareholding in Fourth Partner Energy Private Limited (Target) by the International Finance Corporation (IFC), Asian Development Bank (ADB), and DEG – Deutsche Investitions – und Entwicklungsgesellschaft mbH (DEG). The proposed investment totals USD 275 million (approx. INR 22.96 billion), with each entity acquiring…