Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has commissioned a 431 MW DC solar project at Neemuch, Madhya Pradesh. The project, covering 1,635.63 acres, utilizes single-axis trackers and bifacial modules, which are expected to enhance system efficiency by over 15%. Deepesh Nanda, CEO and Managing Director, Tata Power Renewable Energy Limited, […]
KEC International has announced new orders worth ₹1,040 crore in its Transmission and Distribution (T&D) segment, secured from international markets. The orders include contracts for supplying towers, hardware, and poles to clients in the Americas and constructing 220 kV transmission lines in the Commonwealth of Independent States (CIS) region. The company reported that its year-to-date […]
Technip Energies has outlined plans to expand its operations in India, including launching a new research and development laboratory in Chennai in 2025. The laboratory will strengthen the company’s R&D capabilities in the region, according to Chief Operating Officer Loïc Chapuis, speaking at a recent capital markets day event. The company also announced its intention […]
Telawne Power Equipment has inaugurated a new manufacturing unit, named M2, at its facility in Ambernath. The development aims to expand the company’s production capacity in the power equipment sector, with a focus on renewable energy solutions. The M2 facility is intended to enhance the company’s ability to meet customer demands and support innovation in […]
NTPC Green Energy Ltd (NGEL), a subsidiary of NTPC, has entered into a joint venture agreement with the New & Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) to establish renewable energy projects in Andhra Pradesh valued at Rs 2,00,000 crore. The collaboration involves the development of 25 GW of solar, wind, and hybrid energy […]
Avaada Group has signed a Memorandum of Understanding (MoU) with the Rajasthan government to establish a 1,200 MW pumped storage project (PSP) in the Sirohi district. Named the Kadambari PSP, the project involves an investment of approximately ₹5,800 crore and is expected to be completed over five to seven years. The project is part of […]
Tata Power has entered into a $4.25 billion Memorandum of Understanding (MoU) with the Asian Development Bank (ADB) to explore financing options for renewable energy and power infrastructure projects in India. The agreement was formalized during the COP29 climate conference in Baku, Azerbaijan. The proposed projects include a 966 MW solar-wind hybrid facility, pumped hydro […]
Bhageria Industries Limited announced the incorporation of a wholly owned subsidiary named New Ahilyanagar Solar Private Limited on November 20, 2024. According to a company press release, the move aligns with its broader strategy to expand its business operations. The newly established entity has an authorized share capital of ₹1,00,000. The entire shareholding of the […]
Tata Power Company Limited has finalized the acquisition of ERES-XXXIX Power Transmission Limited, a special purpose vehicle (SPV), for ₹18.56 crore in cash. The transaction, announced on November 15, 2024, marks the acquisition of 100% equity in the SPV. ERES-XXXIX was incorporated on March 27, 2024, to develop a power transmission project on a Build-Own-Operate-Transfer […]
Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power Company Limited, has commissioned the Omkareshwar Floating Solar Project in Madhya Pradesh’s Khandwa district. The project, with a capacity of 126 MW, was completed under an EPC contract valued at ₹596 crore awarded by NHDC Limited. The Omkareshwar project supplies energy to Madhya Pradesh […]
