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RECPDCL incorporates new SPVs for RE-linked transmission projects
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has set up three new Special Purpose Vehicles (SPVs) to implement upcoming transmission infrastructure projects. The three newly incorporated SPVs are: Ananthapuram II Power Transmission Limited, for the Transmission System for Integration of Ananthapuram-II REZ – Phase-II (3 GW).  Davanagere…
Sterlite Power secures Rs 22.5 billion orders in Q3 FY25
Sterlite Power has won new orders worth Rs 22.5 billion and secured L1 positions for orders worth Rs 6.5 billion in Q3 FY25, marking its highest order book in the current financial year. These orders span across its Global Products and Services (GPS) business, covering high-performance conductors, Optical Ground Wire (OPGW), power cables, and specialized…
NTPC REL signs MoU with GEDA for 300 MW RE projects
NTPC Renewable Energy Limited (NTPC REL) has signed a Memorandum of Understanding (MoU) with the Goa Energy Development Agency to develop solar and hybrid power projects in the state. The projects are expected to have a combined capacity of at least 300 MW, with the possibility of integrating energy storage systems in future phases. NTPC…
PGCIL commissions WRES-XXVIII and WRES-XXIX in Chhattisgarh
Dharamjaigarh Transmission Limited, a special purpose vehicle (SPV) set up by Power Grid Corporation of India Limited (PGCIL), has commissioned the Western Region Expansion Scheme-XXVIII (WRES-XXVIII) and Western Region Expansion Scheme-XXIX (WRES-XXIX). The Date of Commercial Operation (DOCO) for both schemes was notified on May 23, 2025. PGCIL implemented the project in Chhattisgarh. The schemes…
PFC secures EUR 150 million loan from KfW for RDSS
Power Finance Corporation Ltd (PFC) has signed a loan agreement worth EUR 150 million with Germany’s KfW on August 21, 2025. The funds will be deployed under the Revamped Distribution Sector Scheme (RDSS) to improve the efficiency of state power distribution companies. The agreement extends the partnership between India and Germany in the energy sector,…
Hindustan Zinc, JNCASR develop zinc-ion battery prototypes for grid storage
Hindustan Zinc Limited, in collaboration with the Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR), has developed stable zinc-ion battery pouch cell prototypes aimed at large-scale renewable energy storage. The development marks progress in India’s indigenous research on alternative energy storage technologies. The collaboration focuses on addressing key technical challenges in zinc-ion batteries, including optimisation…
