The Government of Telangana has signed a Memorandum of Understanding (MoU) with Megha Engineering and Infrastructures Limited (MEIL) to establish a 2,160 MW Pumped Storage Project (PSP) in the state.
The project entails an investment of Rs.110 billion and is expected to boost the state’s renewable energy capacity and infrastructure. The MoU was signed on January 21, 2025.
NTPC Green Energy Limited (NGEL) announced that a 50 MW portion of Ayana Renewable Power Four Private Limited’s 150 MW solar project at Bhuj, Gujarat, has commenced commercial operation from August 24, 2025. Ayana Renewable Power Four is a subsidiary of Ayana Renewable Power Private Limited, which is wholly owned by ONGC NTPC Green Private,…
Mahindra Susten has achieved financial closure for its 150.80 MW hybrid renewable energy project in Maharashtra, being developed under a Group Captive off-take arrangement, after signing a binding financing agreement with the Export-Import Bank of India (India Exim Bank) on August 10, 2026. India Exim Bank will be the sole lender for the project and…
Transformers and Rectifiers (India) Limited (TARIL) has received a domestic order worth Rs 103.45 crore from Gujarat Energy Transmission Corporation Limited (GETCO) for the manufacturing and supply of 54 transformers of various types. In a regulatory filing dated November 10, 2025, TARIL stated that the order is part of its regular business operations and does…
The Saudi Power Procurement Company (SPPC) has awarded contracts for the development of 7.2GW of power projects to consortiums led by Saudi Electricity Company and Abu Dhabi National Energy Company (Taqa). The projects, essential to Saudi Arabia’s strategic energy mix plan, align with Vision 2030 and the Saudi Green Initiative, which targets a 50% contribution…
ACME Sikar Solar Private Limited, a subsidiary of ACME Solar Holdings, commissioned 52.5 MW under Phase-I of its 300 MW solar power project in Bikaner, Rajasthan, on May 9, 2025. The project, financed by Power Finance Corporation Limited (PFC), spans about 1,300 acres. Once fully operational, it is expected to generate 780 million units of…
A study by Europe Economics, commissioned by the UK Department for Energy Security and Net Zero, has developed a methodology to estimate the electricity consumption of digital services against physical equivalents. The research assesses energy use across the full delivery chain. For digital services, this includes data centres, transmission networks, and end-user devices. For physical…