To develop ground-mounted, floating, community solar, battery storage projects in Bihar; expected to create 500 direct jobs Mumbai – Avaada Group, a leading player in India’s renewable energy sector, has signed a Memorandum of Understanding (MoU) with the Government of Bihar, for developing 1 GW of renewable energy projects across the state. As per the […]
Reliance Power Revamps Finances with ₹9,000 Crore Multi-Route Fundraising Plan – EQ
In Short : Reliance Power’s board approved raising ₹9,000 crore through QIP, FPO, and NCDs to strengthen finances and support growth. The funds will address debt reduction, working capital needs, and potential expansion, including renewable energy projects. The move comes as the company seeks to capitalize on India’s rising power demand while improving its financial […]
HLL Lifecare Ltd issue Tender for EOI for Empanelment of Partners in Renewable Energy Projects -EQ
HLL Lifecare Ltd issue Tender for EOI for Empanelment of Partners in Renewable Energy Projects For more information please see below link:
SECI crosses milestone of 60 GW of Power Sale Agreements for Renewable Energy Projects, paving the way for India’s Clean Power Transition – EQ
In Short : SECI has surpassed 60 GW in Power Sale Agreements for renewable energy, marking a major step in India’s green transition. Covering solar, wind, and hybrid projects, this milestone ensures long-term power offtake and boosts investor confidence. SECI now plans to expand into energy storage, green hydrogen, and innovative supply models to accelerate the […]
GENCO & TRANSCO get four directors – EQ
In Short : APGENCO and APTRANSCO have appointed four new directors to strengthen the power sector. Vemulapalli Usha (HR & IR), P Ashok Kumar Reddy (Thermal), M Sujaya Kumar (Hydel), and J Venkateswara Rao (Technical) bring decades of experience. Their focus includes modernizing thermal units, optimizing hydel power, enhancing HR initiatives, and ensuring reliable power […]
REC to provide Rs 2.5 trn finance for renewable energy projects till 2030 – EQ
In Short : REC Limited plans to finance ₹2.5 trillion for renewable energy projects by 2030, boosting its portfolio to support India’s clean energy transition. The company aims to increase its renewable energy exposure from 8% to 30% by funding solar, wind, hybrid, and emerging technologies like green hydrogen. This initiative aligns with India’s goal […]
Assam Govt Signs Rs 500 Cr MoU with Hedge5 for Renewable Energy, Biogas Projects – EQ
In Short : The Assam government has signed a ₹500 crore MoU with Hedge5 to develop renewable energy and biogas projects in the state. The partnership aims to promote clean energy, reduce carbon emissions, and create sustainable livelihood opportunities. The projects will support Assam’s green energy goals while contributing to environmental conservation and rural economic […]
NHPC forms JV with power producer APGENCO for renewable energy projects – EQ
In Short : NHPC has formed a joint venture with Andhra Pradesh Power Generation Corporation (APGENCO) to develop renewable energy projects. The collaboration aims to boost green energy capacity in Andhra Pradesh, focusing on solar, wind, and hybrid energy solutions. This partnership supports India’s renewable energy targets and strengthens efforts toward a sustainable and low-carbon […]
Consortium of three power cos acquires Karvy Data Management Services for Rs 159 crore – EQ
In Short : A consortium of three power companies has acquired Karvy Data Management Services for ₹159 crore. This strategic acquisition aims to leverage Karvy’s data management expertise to enhance operational efficiencies and customer service within the power sector. The deal underscores the growing importance of data-driven solutions in optimizing energy distribution and management. In […]
NTPC Green Energy inks pact with Indus Towers to develop renewable energy projects – EQ
In Short : “NTPC Green Energy signs agreement with Indus Towers to collaborate on developing renewable energy projects, marking a strategic partnership towards advancing sustainable energy solutions and reducing carbon emissions.” In Detail : The MoU (Memorandum of Understanding) shall explore joint development of grid-connected renewable energy-based power projects including solar, wind, energy storage etc. […]