Adani Green Energy Limited has expanded its international presence with the incorporation of a wholly owned subsidiary, Adani Renewable Energy Middle East Ltd (AREMEL), established in the United Arab Emirates (UAE) on February 25, 2026. The entity has been incorporated in the UAE with an authorised capital of AED 10,000. AREMEL will undertake power generation…
Kalpataru Projects International Limited has signed an agreement to acquire the remaining 35 % stake in its Saudi Arabian joint venture, Kalpataru IBN Omairah Company Limited (KIOCL), from its local partner. The transaction, executed on February 23, 2026, will result in KIOCL becoming a wholly owned subsidiary of the company. The company entered into a…
Ceigall India Limited has incorporated a wholly owned subsidiary, Ceigall Morena Solar BESS Park Limited, to execute a 220 MW solar project in Madhya Pradesh. The entity was incorporated in India on February 13, 2026, as a Special Purpose Vehicle (SPV) for a project awarded by Rewa Ultra Mega Solar Ltd. The Letter of Award…
Inox Clean Energy Limited, part of the INOXGFL Group, has formed an equal joint venture with RJ Corp Limited to enter the African renewable energy market, marking its first major international independent power producer initiative. The partnership has acquired Skypower Services MENA Limited and plans to commission about 570 MW of renewable energy capacity in…
Airox Nigen has launched a 1 MW green hydrogen system in Russia, marking a significant step in its global expansion and commitment to environmental sustainability. This system, designed to produce hydrogen without greenhouse gas emissions, aligns with Airox Nigen’s strategy to strengthen its international presence and contribute to the global shift towards renewable energy. Through…
Skipper Ltd announced its highest-ever closing order book of Rs 65.9 billion, with 85% from domestic orders and 15% from exports. The company recorded an order inflow of Rs 16.6 billion in Q2 FY25 (July to September 2024), with key domestic contracts from Power Grid Corporation of India Ltd (PGCIL) and state electricity boards. Export…