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UltraTech Cement to source renewable energy from CleanMax SPV
UltraTech Cement has announced plans to source renewable energy through a captive arrangement with CleanMax’s special-purpose vehicle (SPV), Clean Max Sapphire. The company has acquired a 26% equity share in the SPV for Rs 457.6 million, entering agreements for energy supply, share subscription, and shareholder rights. The SPV will develop a 55 MW wind-solar hybrid…
Iberdrola secures licence for 274 MW wind project in Portugal
Iberdrola has received a production licence from the Portuguese Directorate-General for Energy and Geology (DGEG) for a 274 MW wind project in Vila Real and Braga. The project involves an investment of €350 million ($369 million) and will integrate with the Tâmega hydroelectric system. This marks Portugal’s first hybrid wind and hydro energy project, with…
Vikran Engineering secures Rs 20.35 billion solar contract in Maharashtra
Vikran Engineering Limited has secured a turnkey Engineering, Procurement and Construction (EPC) contract worth Rs 20.35 billion from Onix Renewables Limited for developing 600 MW (Alternating Current or AC) solar power projects across multiple locations in Maharashtra. The work order, dated December 22, 2025, includes design, engineering, procurement, supply, erection, testing and commissioning of the…
Premier Energies subsidiaries secure Rs 10.87 billion solar contracts
Premier Energies Global Environment Private Limited, Premier Energies International Private Limited, and Premier Energies Photovoltaic Private Limited, subsidiaries of Premier Energies Limited, have secured contracts worth Rs 10.87 billion for the supply of solar modules and cells in India as of November 25, 2024. The contracts include Rs 9.64 billion for solar modules and Rs…
Ørsted submits Long Island Wind proposal to NYSERDA
Danish energy company Ørsted has submitted a proposal for the Long Island Wind project to the New York State Energy Research and Development Authority (NYSERDA). The project is designed to generate over 1.4GW of offshore wind energy, supplying renewable power to one million homes in New York, and is expected to begin commercial operations by…
Viviana Power Tech secures Rs 1.06 billion contracts for Gujarat SI schemes
Viviana Power Tech Limited has won two contracts: Rs 323.43 million from Madhya Gujarat Vij Company Limited (MGVCL) and Rs 741.29 million from Paschim Gujarat Vij Company Limited (PGVCL) and Dakshin Gujarat Vij Company Limited (DGVCL) under the System Improvement (SI) Scheme. The awards are part of SI schemes estimated at Rs 1.09 billion for…
