In Short : Anzen India has raised ₹7 billion to acquire 12 operational solar assets, strengthening its renewable energy portfolio. The investment will enhance clean power capacity, improve asset consolidation, and support long-term sustainability goals. This move reflects growing investor confidence in India’s solar sector and accelerates the transition toward a more resilient and green […]
Sunsure Energy Expands Corporate Renewable Portfolio with Solar Power Agreements for Daeseung Group in Tamil Nadu – EQ
In Short : Sunsure Energy has entered into solar power purchase agreements with companies belonging to South Korea’s Daeseung Group to supply clean electricity to their facilities in Tamil Nadu. The collaboration supports industrial decarbonization, promotes corporate renewable energy adoption, and strengthens India’s growing commercial and industrial solar market while helping global manufacturers meet sustainability […]
NTPC Green Strengthens Renewable Portfolio with 158.4 MW Solar Commissioning in Andhra Pradesh – EQ
In Short : NTPC Green Energy Limited has declared commercial operation of 158.4 MW from its 250 MW solar photovoltaic project in Andhra Pradesh. The milestone enhances the company’s installed renewable capacity beyond 9 GW, reinforcing its leadership in India’s clean energy transition and supporting national decarbonisation and energy security goals. In Detail : NTPC Green […]
Orient Power Secures Major Wind Turbine Supply Contract to Strengthen Renewable Portfolio – EQ
In Short : Orient Power has received a significant order for the supply of wind energy generators from Suzlon Energy, marking an important milestone in its renewable journey. The contract reflects growing momentum in India’s wind sector and highlights increasing investments in clean power infrastructure to support the country’s energy transition and long-term sustainability goals. […]
Adani Green Energy Establishes Adani Ecogen Five to Accelerate Renewable Portfolio Expansion – EQ
In Short : Adani Green Energy has formed a new subsidiary, Adani Ecogen Five, to strengthen and expand its renewable energy portfolio. The move reflects a structured growth strategy aimed at project-specific development, improved asset management, and scalable deployment of clean energy capacity, reinforcing the company’s long-term leadership ambitions in India’s renewable energy sector. In […]
Adani Green Energy Secures AA Rating Upgrade, Reinforcing Leadership in India’s Renewable Transition – EQ
In Short : Adani Green Energy has received a credit rating upgrade to ‘AA’ with a Stable outlook, backed by strong growth and improved financial stability. The company’s expanding renewable portfolio in solar and wind, along with consistent cash flows, has strengthened investor confidence. The upgrade reflects Adani Green’s pivotal role in India’s clean energy […]
Inox Green expands renewable portfolio with 639 MWp solar O&M deal – EQ
In Short : Inox Green Energy has entered the solar operations and maintenance (O\&M) sector by securing a 675 MWp contract across several Indian states. This marks its diversification beyond wind energy. The move aligns with parent company INOXGFL Group’s broader solar ambitions and enhances Inox Green’s position as a comprehensive renewable energy service provider […]
Blackstone Joins Competitive Bid to Acquire Statkraft’s 2 GW Renewable Portfolio in India – EQ
In Short : Blackstone has submitted a $1.5 billion non-binding offer to acquire Statkraft’s India renewable energy portfolio, marking its potential entry into the sector. The 2 GW portfolio includes wind, solar, and hydro assets. Competing bidders include KKR-backed Serentica, Sembcorp, and BlackRock. Statkraft aims to exit India to refocus on core markets like Europe […]
ONGC Green Strengthens Renewable Portfolio with ₹1,179 Crore Acquisition of PTC Energy – EQ
In Short : ONGC Green Limited, a subsidiary of ONGC, has acquired PTC Energy Limited for ₹1,179 crore. The acquisition includes PTC Energy’s 288.8 MW renewable energy assets, primarily wind power projects. This strategic move strengthens ONGC’s green energy portfolio, aligning with its plans to expand in the renewable sector and support India’s clean energy […]
ONGC transforming into a low-carbon energy player in a big way: to scale up renewable portfolio to 10 GW by 2030 – EQ Mag
Energy Maharatna has crafted a robust roadmap to scale up its low-carbon energy portfolio significantly . In line with the Hon’ble PM’s vision on renewables, which was spelt out in his Independence Day speech on 15 August 2023, ONGC has aligned itself with India’s ambitious goals and is wholeheartedly contributing to the nation’s aim to […]
