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REC and PFC incorporate new subsidiaries for transmission projects
REC Limited and Power Finance Corporation Limited (PFC) have announced the formation of new wholly owned subsidiaries to serve as project vehicles for upcoming power transmission schemes in Karnataka, Rajasthan, and Maharashtra. REC has incorporated Kempegowda Power Transmission Limited and Barmer HVDC Power Transmission Limited as subsidiaries of REC Power Development and Consultancy Limited (RECPDCL),…
Coal India, UPRVUNL sign JV agreement for renewable energy projects
Coal India Limited (CIL) and U.P. Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) have signed a joint venture (JV) agreement to develop renewable energy projects in Uttar Pradesh, according to a regulatory filing made on July 5, 2026. The agreement was executed on July 3, 2026. The filing did not disclose details of the planned project…
Koraam New Energie bags Rs1.86bn order for 5,500 solar pumps
Koraam New Energie, a subsidiary of Kosol Energie, has secured an order worth Rs 1.86 billion for the supply of 5,500 solar pumps under Component B of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan (PM-KUSUM) scheme. The order was placed by various nodal agencies. Of the total, 3,000 pumps have been allocated under…
MNRE makes domestic sourcing of key wind turbine components mandatory
The Ministry of New and Renewable Energy (MNRE) has issued a directive mandating the use of select components from its Approved List of Models and Manufacturers (ALMM) for all wind turbines going forward. According to the ministry, the ALMM (Wind), previously referred to as the Revised List of Models and Manufacturers (RLMM), now covers not…
Adani Energy wins Talegaon transmission project in Maharashtra
Adani Energy Solutions Limited (AESL) has secured the transmission project to evacuate power from 1,500 MW pumped storage projects (PSPs) near Talegaon, Maharashtra. REC Power Development and Consultancy Limited (REC PDCL) invited bids in October 2024. AESL emerged as the lowest bidder, quoting Rs 16.6 billion, with fixed transmission charges of Rs 2.21 billion. Competing…
PFCCL invites bids for transmission project for green hydrogen in Kakinada
PFC Consulting Limited (PFCCL) has invited bids for selecting a transmission service provider (TSP) to develop “Transmission system for proposed Green Hydrogen/Green Ammonia projects in Kakinada area, Andhra Pradesh (Phase-I).” The bids will be processed under the tariff-based competitive bidding (TBCB) model on a build, own, operate, and transfer (BOOT) basis. The Request for Proposal…
