In Short : Reliance Power, in a 50:50 joint venture with Bhutan’s Druk Holding and Investments (DHI), will develop Bhutan’s largest solar power project—a 500 MW plant worth ₹2,000 crore. This Build-Own-Operate (BOO) model initiative is Bhutan’s biggest private sector solar investment, secured with a long-term power purchase agreement with Green Digital Private Limited, a […]
IGL board approves renewable energy JV for solar power plant in Rajasthan – EQ
In Short : The IGL (Indraprastha Gas Limited) board has approved the formation of a joint venture (JV) to develop a solar power plant in Rajasthan . This initiative aims to strengthen the company’s renewable energy portfolio and contribute to India’s clean energy transition. The solar plant will leverage Rajasthan’s abundant sunlight, enhancing IGL’s sustainability […]
NTPC Green Energy, MAHAPREIT sign JV for 10 GW renewable energy projects in Maharashtra – EQ
In Short : NTPC Green Energy Ltd. (NGEL), a subsidiary of NTPC focused on renewable energy, has signed a joint venture (JV) agreement with Maharashtra’s MAHAPREIT (Maharashtra State Power Generation Company Limited) to develop 10 GW of renewable energy projects in Maharashtra. This collaboration is a major boost for India’s renewable energy sector, particularly in […]
Rajasthan govt to float JVs with Centre to increase power generation, strengthen metro service – EQ
In Short : The Rajasthan government plans to float joint ventures with the Centre to increase power generation and strengthen metro services. This initiative aims to enhance the state’s infrastructure, improve public transportation, and boost energy capacity to support growing demand. In Detail : Jaipur: A Cabinet meeting was held in the Chief Minister’s office […]
RADIANCE RENEWABLES & THE PRIVATE INFRASTRUCTURE DEVELOPMENT GROUP (PIDG) FORM A JV TO ACCELERATE RENEWABLE ENERGY ADOPTION IN INDIA – EQ
The JV is projected to avoid approximately 165k tCO2e greenhouse gas emissions annually This will support the decarbonisation of the Commercial and Industrial (C&I) sector in India which accounts for approximately 51% of the country’s energy consumption Mumbai and Singapore : Radiance Renewables and the Private Infrastructure Development Group (PIDG) company, InfraCo Asia, announce a […]
Adani Green Completes JV With TotalEnergies Raises USD 300 Million – EQ
In Short : Adani Green Energy has successfully completed a joint venture with TotalEnergies and raised USD 300 million. This collaboration underscores the global interest and financial support for renewable energy projects, contributing to the expansion of clean and sustainable energy solutions. In Detail : AGEL completed the transfer of 1,050 MW renewable portfolio to […]
BrightNight and Cordelio Power Accelerating Buildout of Western U.S. Portfolio Under Revised JV – EQ
In Short : BrightNight and Cordelio Power have announced plans to accelerate the development of their joint venture portfolio in the western United States. The revised joint venture aims to expedite the construction of renewable energy projects, focusing on solar and wind energy, in the region. This collaborative effort underscores the commitment to advancing clean […]
Adani Group forms JV with Japan’s Kowa for green ammonia, hydrogen – EQ
Adani Group is investing multi-billion dollars in setting up facilities to produce green ammonia and green hydrogen from water Billionaire Gautam Adani’s group on Friday said it has formed an equal joint venture with Japanese trading house Kowa Group for marketing of green ammonia and green hydrogen produced by the Indian conglomerate. “Adani Global Pte […]
KKR-Vedanta JV ties up Rs 2,600 crore loans for green power projects – EQ Mag
KKR and Vedanta joint venture (JV), Serentica Renewables, has tied up a loan of Rs 2,600 crore from Power Finance Corporation (PFC) for green power projects which are being built to meet captive needs of Vedanta Group companies, and BALCO in particular. The total cost of those projects is around Rs 3,500 crore and have […]
Vedanta-Foxconn JV appoints Mike Young to lead semiconductor business in India – EQ Mag
Vedanta-Foxconn Semiconductors Limited (VFSL), a joint venture between Foxconn and Vedanta Group on May 25 stated that it has appointed Mike Young as senior vice president, project management office and manufacturing operations. With 34 years of experience in front-end semiconductor manufacturing, Young will be responsible for execution of manufacturing and operational processes as the company […]