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PM Modi inaugurates 140 MWp solar project in Maharashtra
Prime Minister Narendra Modi has inaugurated Sunstream Green Energy’s 140 MWp solar power project in Maharashtra. The launch formed part of 2,458 MW of renewable energy capacity unveiled across the country. Alongside the inauguration, Sunstream Green Energy announced plans to develop a 1 GW portfolio of operating renewable energy assets within the next 18 to…
Actis explores sale of Athena Renewable Energy platform
Global investor Actis is reportedly exploring a potential sale of its Indian renewable energy platform, Athena Renewable Energy, at a valuation of around Rs 3,000 crore, according to The Economic Times. The United Kingdom-based sustainable infrastructure investor has appointed Kotak Mahindra Capital as its financial advisor for the potential transaction. The 550 MW solar platform…
Rosa Power becomes zero-debt company
Rosa Power Supply Company, a subsidiary of Reliance Power, has achieved zero-debt status after prepaying Rs 13.18 billion to Singapore-based lender Varde Partners. The company initially paid Rs 8.33 billion in September, followed by the remaining Rs 4.85 billion to complete its debt repayment ahead of schedule. The loan, taken in 2022 for refinancing and…
SWELECT Energy to raise Rs 1.38 billion through NCDs
SWELECT Energy Systems has announced plans to raise Rs 1.38 billion through the issuance of 1,385 non-convertible debentures (NCDs) with a face value of Rs 1 million each via private placement. These secured, unlisted, rated, redeemable, non-cumulative, taxable NCDs will carry a 12.5-year tenure and an average interest rate of 9.5%. The funds raised will…
PFCCL invites bids for 400/220 kV Saswad transmission project in Pune
PFC Consulting Limited (PFCCL) issued a Request for Proposal (RfP) on May 22, 2025, to select a transmission service provider (TSP) for a new substation in Pune district. The project will follow a tariff-based competitive bidding (TBCB) process on a build, own, operate, and transfer (BOOT) basis. Bid submissions are due by July 28, 2025….
Japan’s FAST fusion project clears key design milestone
Starlight Engine and Kyoto Fusioneering have completed the conceptual design for Japan’s FAST fusion demonstration plant, one year after the project began in November 2024. The Conceptual Design Report outlines FAST’s objectives, system design, feasibility and schedule, and is Japan’s first privately led fusion demonstration report aligned with the national Fusion Energy Innovation Strategy. FAST…
