In Short : CRI Solar has secured ₹210 crore worth of orders to supply solar pumping systems across three Indian states. The projects aim to enhance sustainable irrigation by reducing farmers’ reliance on grid electricity and diesel. This initiative supports India’s push for clean energy in agriculture, improving water access while promoting renewable energy adoption […]
Adani Power Secures NCLT Nod to Acquire Vidarbha Industries’ 600 MW Plant for ₹4,000 Crore – EQ
In Short : The National Company Law Tribunal has approved Adani Power’s ₹4,000 crore plan to acquire Vidarbha Industries Power Ltd, which operates a 600 MW thermal plant in Nagpur. This move aligns with Adani Power’s strategy to expand its power generation capacity from 17.6 GW to over 30 GW by 2030, strengthening its presence […]
Raminfo Secures ₹474 Crore Rooftop Solar Contract to Boost Clean Energy Expansion – EQ
In Short : Raminfo has secured a ₹474 crore contract to install rooftop solar systems, covering design, supply, installation, and commissioning. The turnkey project also includes long-term operation and maintenance services. This major win strengthens Raminfo’s position in the renewable energy sector, offering recurring revenue and advancing clean energy adoption across various establishments through sustainable […]
Enlight Secures Over $2.3 Billion to Lead Global Expansion of Hybrid Renewable Projects – EQ
In Short : Enlight Renewable Energy secured $310 million to finance Spain’s largest hybrid renewable project, combining wind, solar, and 220 MWh of battery storage. The merchant-based Gecama facility follows Enlight’s $550 million financing for Arizona’s Roadrunner project. With $1.5 billion raised across three U.S. projects, Enlight is expanding globally, signaling rising investor confidence in […]
Sugs Lloyd Secures ₹74 Crore Power Deals to Strengthen Grid Infrastructure in Eastern India – EQ
In Short : Sugs Lloyd has secured power infrastructure contracts worth over ₹74 crore in Bihar and Odisha. The projects involve supply, installation, testing, and commissioning of substations and transmission lines. As the lowest bidder, the company aims to boost regional power distribution. These contracts enhance its EPC portfolio and support its expansion strategy amid […]
SEPC Secures ₹650 Crore Solar EPC Project in Maharashtra, Reinforcing its Renewables Footprint – EQ
In Short : SEPC Ltd has won a ₹650 crore solar EPC contract in Maharashtra, marking a major boost to its renewable energy portfolio. The project involves engineering, procurement, and construction of a large-scale solar power plant. This win strengthens SEPC’s position in India’s clean energy sector and aligns with the nation’s push toward sustainable […]
NTPC Secures $750 Million ECB Loan to Accelerate Clean Energy and Expansion Plans – EQ
In Short : NTPC has raised $750 million through an unsecured External Commercial Borrowing (ECB) loan to fund capacity expansion and green energy projects. Arranged by Bank of Baroda and HDFC Bank via GIFT City, the loan includes a $500 million base and a $250 million greenshoe option. Proceeds will support renewable energy, emission control […]
Madhya Pradesh Secures ₹20,000 Crore Boost for 5,000 MW Solar Energy Expansion – EQ
In Short : Banks have signed MoUs to fund 5,000 MW solar power projects worth ₹20,000 crore in Madhya Pradesh. These plants aim to significantly boost the state’s renewable energy capacity. The initiative is part of MP’s push for green energy, ensuring cleaner power and supporting national sustainability goals. The projects will also create jobs […]
Punjab Secures Central Backing for Power Expansion Amid Solar Push and Rising Seasonal Demand – EQ
In Short : The Centre has approved new power generation units for Punjab as the state targets 7,000 MW of solar energy, despite high land costs. Plans include setting up solar projects in neighbouring states. Punjab has also requested an additional 1,000 MW of power from the Centre for the paddy season, supplementing the current […]
NTPC Green Energy Secures 1,000 MW Solar Project in UPPCL Auction; Stock Gains as Renewable Push Accelerates – EQ
In Short : NTPC Green Energy Ltd won a 1,000 MW solar project in a UPPCL auction at ₹2.56/kWh. The project will run on a Build-Own-Operate model under a long-term PPA. Following the news, NTPC shares rose 3.8%. This win supports NTPC’s 60 GW renewable goal by 2032 and contributes to India’s 500 GW non-fossil […]