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ACME arm signs 450 MW FDRE PPAs with SJVN
ACME Greentech Seventh Private Limited, a wholly owned subsidiary of ACME Solar Holdings Limited, has signed two Power Purchase Agreements (PPAs) with SJVN Limited for a total capacity of 450 MW under a Firm and Dispatchable Renewable Energy (FDRE) project. The agreements cover contract capacities of 300 MW and 150 MW. The execution of these…
PFCCL incorporates SPV for Kakinada green hydrogen transmission project
PFC Consulting Limited (PFCCL) has incorporated Kakinada I Transmission Limited, a special purpose vehicle (SPV) for the development of the transmission system for proposed green hydrogen and green ammonia projects in the Kakinada area, Andhra Pradesh (Phase-I), on February 20, 2025. PFCCL has been designated as the bid process coordinator (BPC) for selecting a transmission…
RECPDCL invites bids for Vizag green hydrogen transmission and Dholpur grid project
REC Power Development and Consultancy Limited (RECPDCL) has invited competitive bids for two interstate transmission projects in Andhra Pradesh and Rajasthan. On February 3, 2026, RECPDCL issued a Request for Proposal (RfP) to select a transmission service provider (TSP) for the Transmission system for proposed Green Hydrogen / Green Ammonia projects in Vizag area, Andhra…
AZAD Engineering signs USD 112 million supply deal with GE Vernova
AZAD Engineering Limited has entered a long-term agreement with GE Vernova International LLC, USA, to supply advanced rotating and stationary airfoils for gas turbine engines. Valued at approximately USD 112 million, the agreement will support GE Vernova’s global power generation needs and further solidify the strategic partnership between the two companies.
Vibrant Gujarat meet draws major renewable investment proposals
The Vibrant Gujarat Regional Conference held in Rajkot on January 12-13, 2026, resulted in major renewable energy investment proposals for Gujarat. Four companies signed Memoranda of Understanding (MoUs) with the Government of Gujarat, committing investments of over Rs 34,000 crore across renewable power, biofuels, and biogas projects. NLC India Limited (NLCIL), a Navratna public sector…
Zelestra explores $400–500 million India exit amid market optimism
Multinational energy firm Zelestra is preparing to sell its India business, estimated at $400–500 million, and has approached Brookfield, JSW Group, Sembcorp, Serentica, and Macquarie as potential buyers, reported Mint. The company has appointed JP Morgan to advise on the sale. The portfolio includes over 3 GW of hybrid renewable projects combining solar, wind, and…
