New Delhi – SAEL Solar MHP1 Pvt. Limited, a subsidiary of SAEL Industries Ltd., a clean energy company, has secured a debt finance amounting to of US$132 million from three global financial institutions —Asian Infrastructure Investment Bank (AIIB), New Development Bank (NDB), and Societe Generale for development of a solar power project in Andhra Pradesh. […]
Surana Solar board approves 49 pc equity divestment in Surana Technologies – EQ
In Short : Surana Solar’s board has approved the divestment of a 49% equity stake in its subsidiary, Surana Technologies Pvt Ltd, to Baidyanath Power Pvt Ltd for ₹2.03 crore. The transaction is set to conclude by May 30, 2025. Post-divestment, Surana Technologies will continue as a subsidiary but not be wholly owned. The company […]
Waaree Renewable secures ₹114 crore solar project in Maharashtra – EQ
In Short : Waaree Renewable Technologies Limited (WRTL) has secured a ₹114.23 crore contract to develop 94 MW AC solar power projects in Maharashtra under the Mukhyamantri Saur Krushi Vahini Yojana 2.0. The initiative aims to provide daytime electricity to farmers through decentralized solar generation. WRTL will oversee engineering, procurement, construction, and maintenance, with project […]
SJVN begins commercial operations of 78.23 MW capacity at Bikaner solar project – EQ
In Short : SJVN Green Energy Limited (SGEL) has started commercial operations of 78.23 MW at its 1000 MW Bikaner Solar Power Project in Rajasthan, adding to the 241.77 MW commissioned earlier. Developed under the MNRE’s CPSU Scheme Phase II, the project supports Make in India and aims to supply solar power to Rajasthan, J\&K, […]
Petition of the CERC (Indian Electricity Grid Code) and (Conduct of Business) Regulations to State Load Dispatch Centre to Solar Project – EQ
Petition of the CERC (Indian Electricity Grid Code) and (Conduct of Business) Regulations to State Load Dispatch Centre to Solar Project For more information please see below link:
Adani Green Energizes Khavda with 50 MW Solar Project, Boosting Renewable Capacity – EQ
In Short : Adani Green Energy Limited (AGEL) has operationalized a 50 MW solar project at Khavda, Gujarat, through its subsidiary Adani Renewable Energy Fifty Six. This addition boosts AGEL’s total renewable energy capacity to 14,340.9 MW. Part of the world’s largest renewable energy park plan, the project supports India’s clean energy goals by supplying […]
BluPine Energy Private Limited Achieves Financial Closure of ₹376 Crore for 100 MW Solar Project in Gujarat – EQ
Standard Chartered acted as Sole Mandated Lead Arranger, Lender, Green Loan Coordinator New Delhi/Ahmedabad – BluPine Energy Private Limited (henceforth BluPine Energy), an Actis backed leading renewable energy platform, today announced the successful financial closure of debt funding worth ₹376 crore for its 100 MW solar power project being developed in Tharad, Banaskantha district, Gujarat. […]
Petition of the Power Purchase Agreement for supply of 150 MW solar power from the ISTS connected Solar Project located at Phalodi, Rajasthan – EQ
Petition of the Power Purchase Agreement for supply of 150 MW solar power from the ISTS connected Solar Project located at Phalodi, Rajasthan For more information please see below link:
NTPC Renewable Energy Achieves Full Commissioning of 150 MW Solar Project in Gujarat – EQ
In Short : NTPC Renewable Energy Ltd has fully commissioned its 150 MW solar PV project in Gujarat, completing the final 60 MW phase on April 16, 2025. Certified by GEDA on April 30, the project was developed in three phases under GUVNL’s 500 MW solar tender. It marks a significant step in NTPC’s push […]
MIEPL to Develop 4.125 MW Solar Project at IIT Kharagpur Under SECI Bid – EQ
In Short : MIEPL has won SECI’s bid to develop a 4.125 MW solar project at IIT Kharagpur, comprising rooftop, ground-mounted, and elevated installations. Executed under the RESCO model, the grid-connected project will be completed in 270 days without battery storage. MIEPL will operate and maintain the system for 25 years, advancing India’s renewable energy […]