Sojitz Corporation has invested in IOC GPS Renewables Pvt. Ltd. (IGRPL), a special purpose company formed by GPS Renewables Private Limited and Indian Oil Corporation Ltd. The investment marks Sojitz’s entry into the biomethane production and sales business in India. IGRPL plans to develop 30 biomethane plants by FY2026–FY2027 with a targeted annual production capacity […]
Trutzschler India Private Limited has inaugurated a new textile machinery manufacturing facility in Sanand GIDC. The plant covers 36,000 square meters and represents a significant investment in infrastructure, machinery, and processes to align with Trutzschler’s global production strategy. According to the company, the facility includes high-speed laser cutting machines from Trumpf, CNC press brake systems […]
Reliance NU Suntech, a subsidiary of Reliance Power, has entered into a 25-year Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI) for a large-scale solar and battery energy storage system (BESS) project. The project involves an investment of up to INR 100 billion and will deliver 930 MW of solar power […]
Avaada Group has signed a Memorandum of Understanding with the Water Resources Department of the Government of Maharashtra to develop two pumped storage hydro projects with a total capacity of 3,650 MW. The planned investment for the projects is INR 151 billion, and they are expected to generate over 3,800 direct employment opportunities. The two […]
THDC India Ltd., in collaboration with the Central Electricity Authority (CEA) and NTPC, organized a day-long session on pumped storage projects (PSPs) at the SCOPE Convention Centre, New Delhi. The session, which drew participation from around 300 delegates representing 95 organizations, focused on technical, regulatory, and implementation aspects of PSPs in the context of renewable […]
GE Vernova T&D India Limited has announced it will supply 765 kV class extra high-voltage transformers and shunt reactors for renewable energy corridor projects across India. The projects, awarded by Power Grid Corporation of India Limited (PGCIL), are part of the national transmission network expansion supporting renewable integration. The order includes over thirty units of […]
Adani Enterprises Ltd (AEL) reported a 26% year-on-year increase in consolidated EBITDA to INR 167.22 billion for the financial year ended March 31, 2025. Consolidated profit before tax rose 16% to INR 65.33 billion. Total revenue for the year grew by 2% to INR 1.00365 trillion. The company also recognized an exceptional pre-tax gain of […]
KP Energy Limited has placed an order for 20 units of Senvion India’s 4.2M160 wind turbine generators. The turbines will be deployed as part of a hybrid power project in Bharuch district, Gujarat. Deliveries are scheduled for the fourth quarter of the 2025–26 financial year. The agreement includes supply and supervision of the turbines, along […]
JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy, has signed a Pumped Hydro Storage Power Procurement Agreement (PHSPPA) with Uttar Pradesh Power Corporation Limited (UPPCL) for the supply of 1,500 MW / 12,000 MWh of pumped hydro energy storage. The project, located in Sonbhadra district, Uttar Pradesh, is designed for scheduled discharge […]
Ace Designers Limited has secured an investment of INR 12 billion from Kotak Alternate Asset Managers to expand its CNC machinery manufacturing capacity. The Bengaluru-based company plans to use the capital to build a new production unit, modernise assembly lines, and expand its workforce. Founded in 1979, Ace Designers manufactures CNC turning and machining centres […]
