In Short : REC has formed a new subsidiary to implement an intra-state transmission project in Maharashtra, strengthening power infrastructure development in the state. The move aims to enhance grid capacity, improve electricity reliability, and support growing demand from renewable energy integration. The project aligns with broader efforts to modernise transmission networks and ensure efficient […]
AB Energia Expands into Solar Structure Manufacturing with New Subsidiary – EQ
In Short : AB Energia has entered the solar structure manufacturing segment by setting up a new subsidiary, marking its expansion in the renewable energy value chain. The move aims to strengthen its position in the solar industry by providing in-house manufacturing capabilities. This step is expected to boost efficiency, reduce costs, and support India’s […]
L&T Enters Green Hydrogen Sector with New Subsidiary to Drive Clean Energy Future – EQ
In Short : Larsen & Toubro (L&T) has entered the green hydrogen sector by launching a dedicated subsidiary focused on developing green hydrogen and ammonia projects. This strategic move aligns with India’s clean energy goals and global decarbonization trends. The subsidiary will drive innovation, infrastructure, and partnerships, positioning L&T as a key player in the […]
Mahindra expands renewable energy portfolio with new subsidiary Velos Hybren – EQ
In Short : Mahindra & Mahindra has launched Velos Hybren Private Limited, a new subsidiary to expand its renewable energy portfolio. The company will focus on independent power producer projects and distributed energy solutions like rooftop solar for various sectors. This initiative reinforces Mahindra’s commitment to sustainability and advancing green energy solutions across India. In […]