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Gentari plans to sell up to 50% stake in India renewables unit

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Gentari is planning to divest up to 50 per cent stake in its India operations. The move could become one of the largest green energy transactions in the country. The company has appointed Standard Chartered Bank as the transaction advisor. Gentari’s India portfolio includes 4 GW of operational renewable assets, another 4 GW under construction, and 4 GW in the pipeline. In March, Gentari Renewables India acquired a 1.6 GW solar and wind portfolio from…

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Andhra Pradesh proposes Rs 284 billion green energy corridor

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The Government of Andhra Pradesh has proposed to set up the Andhra Pradesh Green Energy Corridor (GEC) Project at an estimated cost of Rs 284.36 billion. The corridor will facilitate the evacuation of 11,000 MW from renewable energy projects and 7,000 MW from pumped storage projects. This infrastructure is key to meeting the state’s target of generating 72 GW of green energy by 2029. Funding will follow a standard pattern: 40 per cent from the…

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UPPTCL re-invites bids for two 500 MVA ICTs under GEC-II project

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Uttar Pradesh Power Transmission Corporation Limited (UPPTCL) has re-invited bids for Package 24 under the Uttar Pradesh Green Energy Corridor II (GEC-II) Project. The notice was issued on May 8, 2025. The package involves the supply of two 500 MVA, 400/220 kV interconnecting transformers (ICTs). The contract will be executed on an engineering, procurement, and construction (EPC) turnkey basis. The estimated package cost is Rs 443.1 million. The last date for bid submission is June…

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ADB and AIIB back Caspian green energy corridor project

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The Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB) have signed a memorandum of understanding (MoU) with the energy ministries of Azerbaijan, Kazakhstan, and Uzbekistan. The agreement supports the feasibility study for the Caspian Green Energy Corridor Project. This MoU outlines a joint effort to create the legal and institutional setup needed for cross-border electricity trade among the three Central Asian nations. The project aims to boost regional energy ties and promote…

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Sun Petrochemicals to invest in pumped storage hydro projects in Telangana

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Sun Petrochemicals has signed a memorandum of understanding (MoU) with the Telangana government to develop pumped storage hydro power projects in Nagarkurnool, Mancherial, and Mulugu districts.  The project involves an investment of Rs 450 billion and is expected to create 7,000 jobs. The initiative will integrate solar power plants with a capacity of 5,440 MW. The MoU was signed during the World Economic Forum in Davos. Sun Petrochemicals’ Managing Director, Dilip Shanghvi, praised Telangana’s growing…

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CtrlS Datacenters to set up 600 MW IT load capacity park in Hyderabad

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CtrlS Datacenters plans to establish a 600 MW IT load capacity datacentre park across 40 acres at Chandanvelly Industrial Park, Hyderabad.  The first phase has secured 250 MW of sanctioned power, with plans for a dedicated gas-insulated substation (GIS), expandable to 900 MW.  The facility will feature high-density, AI-ready interconnected data centres that can support up to 135 KW per rack and immersion cooling up to 300 KW per rack.  Advanced cooling systems, including free…

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Welsh Government grants £10m to 32 local green energy projects

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The Welsh Government has awarded £10m in grants to 32 local green energy projects as part of the Ynni Cymru (Energy Wales) scheme. The funding supports community-owned renewable energy and smart local energy systems (SLES), which integrate various energy assets to enhance efficiency. The selected projects include solar panels, battery storage, heat pumps, and electric vehicle charging points. The funding aims to promote smarter energy usage across schools, leisure centres, care homes, business parks, and…

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Himachal CM reviews ongoing energy projects

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Chief Minister Thakur Sukhvinder Singh Sukhu recently reviewed the progress of ongoing energy projects and emphasized the State Government’s focus on expanding green energy initiatives.  He highlighted the development of a one MW Green Hydrogen Project in Nalagarh, Solan district, and the commissioning of a 32 MW Solar Power Project in Pekhubela, Una district, in just six months. Additionally, two more solar projects are under construction in Una and will be dedicated soon. The Chief…

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BERC proposes draft regulations for green energy open access

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The Bihar Electricity Regulatory Commission (BERC) has released a consultative paper on the draft BERC (Terms and Conditions for Green Energy Open Access) Regulations, 2024. The draft policy enables voluntary procurement of green energy in increments of 25 per cent, up to 100 per cent.  Tariffs will include pooled renewable energy costs, cross-subsidy surcharges capped at 20 per cent of the average cost of supply, and service charges for distribution licensees.  Consumers must maintain consistent…

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Servotech Power Systems rebrands to Servotech Renewable Power System

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Servotech Power Systems has rebranded as Servotech Renewable Power System, signalling its shift to renewable energy.  The new name reflects the company’s focus on solar products, EV chargers, and sustainable energy solutions. Founder & Managing Director Raman Bhatia highlighted the company’s commitment to clean energy, stating, “Our future is in green energy.”