Mirova, an affiliate of Natixis Investment Managers dedicated to sustainable investing, announces a USD 15 million investment in Eversource-backed Ecofy, a Reserve Bank of India (RBI)-registered NBFC specializing in financing green products. Founded in 2022 by Rajashree Nambiar and Govind Sankaranarayanan, and backed by Eversource Capital, British International Investment, FMO and Finnfund, Ecofy is India’s […]
KSEB Secures Approval to Procure Additional Power Amid Rising Electricity Demand – EQ
In Short : Kerala State Electricity Board has received approval to procure additional electricity to meet surging demand. The move aims to ensure uninterrupted power supply across Kerala, especially during peak consumption periods. This decision highlights the growing pressure on utilities to balance supply and demand while maintaining grid stability in a rapidly evolving energy […]
Pratap Technocrats Secures ₹776 Crore Deal for 570 MWh Battery Storage Deployment at NTPC Plants – EQ
In Short : Pratap Technocrats has won a ₹776 crore contract to deploy 570 MWh battery energy storage systems at NTPC Limited power plants. The project strengthens grid stability, supports renewable integration, and marks a major step in scaling energy storage infrastructure in India’s evolving power sector. In Detail : Pratap Technocrats has secured a […]
Hindustan Power Secures Ministry of Environment, Forest and Climate Change Approval for Transitional Power Project in Madhya Pradesh – EQ
In Short : Hindustan Power has received environmental clearance from the Ministry of Environment, Forest and Climate Change for its transitional power project in Madhya Pradesh. The approval marks a key milestone in project development, supporting reliable energy supply while facilitating a gradual shift toward cleaner energy sources in line with India’s evolving power sector […]
Bajel Projects Secures ₹400 Crore MENA Transmission Deal, Expands Global Grid Footprint – EQ
In Short : Bajel Projects Limited has won ₹400+ crore contracts to build 500 kV transmission lines in the MENA region. The project strengthens its global presence and supports regional grid expansion. The contracts highlight rising international In==demand for high-voltage infrastructure and reinforce Bajel’s capabilities in executing complex power transmission projects. In Detail : Bajel […]
Nexamp Secures $200 Million to Accelerate Solar and Energy Storage Expansion – EQ
In Short : Nexamp has secured $200 million in funding to expand its solar and energy storage portfolio. The investment will support project development, enhance clean energy deployment, and strengthen grid resilience. This move reflects growing investor confidence in integrated renewable solutions and positions Nexamp to scale operations amid rising demand for sustainable power infrastructure. […]
Supreme Power Equipment Secures ₹128 Crore Orders, Strengthening Its Industrial Growth Momentum – EQ
In Short : Supreme Power Equipment Limited has secured new orders worth ₹128 crore, boosting its order book and reinforcing its position in the power equipment sector. The contracts highlight rising demand for electrical infrastructure solutions and support the company’s growth trajectory, reflecting increased investments in power distribution, industrial expansion, and infrastructure development across India’s […]
Krystal Solar Secures Major Healthcare Rooftop Deal, Accelerating Clean Energy Adoption in Maharashtra – EQ
In Short : Krystal Solar has secured a ₹138 crore contract to deploy rooftop solar infrastructure across healthcare institutions in Maharashtra. The project highlights growing adoption of renewable energy in public infrastructure, aiming to reduce electricity costs and carbon footprint. It reflects increasing momentum in distributed solar solutions, while strengthening energy resilience and sustainability across […]
KP Energy Secures Inter-State Trading Licence to Broaden Power Market Presence – EQ
In Short : KP Energy has received an inter-state trading licence, enabling the company to expand its footprint in India’s power markets. The licence allows participation in electricity trading across states, enhancing revenue opportunities and market flexibility. This development strengthens KP Energy’s strategic positioning, supports efficient energy distribution, and aligns with the evolving dynamics of […]
Evren secures ~$600 million funding for its FDRE hybrid project – EQ
To supply renewable power for a contracted capacity of 300 MW to NTPC Evren, a platform launched by Brookfield in India as a joint venture with Axis Energy, announced it has secured approximately $600 million for the development of its Firm and Dispatchable Renewable Energy (“FDRE”) hybrid project in Andhra Pradesh and Rajasthan. This marks […]