Power Grid Corporation of India Limited (POWERGRID), India’s largest power network developer, has approved a revised plan to consolidate its subsidiary structure through the merger of 28 wholly-owned subsidiaries into two group...
Read MorePFC Consulting Limited (PFCCL), a wholly-owned subsidiary of India’s Power Finance Corporation (PFC), has transferred an intrastate transmission system (InSTS) special purpose vehicle (SPV)—NES Dharashiv Transmission Limited...
Read MorePower Grid Corporation of India Limited (POWERGRID), India’s largest power network developer, has acquired NES Pune East New Transmission Limited (NPENTL) for INR80.5 million, after emerging as the successful bidder for the...
Read MoreBajel Projects Limited, an Indian electricity transmission and distribution (T&D) engineering, procurement, and construction (EPC) company, has signed a collaboration agreement with National Investment and Infrastructure...
Read MoreThe Board of Power Grid Corporation of India Limited (POWERGRID), India’s largest power network developer, has approved raising INR50 billion through an unsecured rupee term loan from Union Bank of India and sanctioned an...
Read MoreREC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of Indian REC Limited under the Indian Ministry of Power (MoP), has transferred the project-specific special purpose vehicle (SPV), Umred Power...
Read MoreREC Power Development and Consultancy Limited (RECPDCL) – a wholly owned subsidiary of Indian REC Limited under the Indian Ministry of Power (MoP), has transferred the project-specific special purpose vehicle (SPV), Bellary...
Read MoreJapan’s Marubeni Corporation has signed a memorandum of understanding (MoU) with Hyosung Heavy Industries, a South Korean heavy electric equipment manufacturer, and Estonia-based Skeleton Technologies, for the joint development...
Read MoreTajikistan’s Ministry of Finance and the World Bank Group (WBG) have signed a financing agreement for the Central Asia Regional Electricity Market Interconnectivity and Trade (REMIT) Programme, under which Tajikistan will...
Read MoreKS Energy Company Limited, a renewable energy company wholly owned by Higo Bank under Kyushu Financial Group, has agreed with Hitachi Limited (Hitachi) to jointly develop and operate an extra-high voltage (EHV) grid-connected...
Read MoreWaaree Renewable Technologies Limited (WRTL), an Indian renewable energy company and a subsidiary of Waaree Energies, has agreed to acquire a nearly 55 per cent stake in Gujarat-based power transmission and distribution...
Read MoreThe World Bank has approved the Regional Electricity Market Interconnectivity and Trade (REMIT) Programme, a 10-year regional initiative to strengthen electricity cooperation, cross-border power trade, and renewable energy...
Read MoreAbu Dhabi Future Energy Company PJSC (Masdar), a UAE-based renewable energy developer, has reached financial close on a financing package exceeding USD225 million for its 300 MW solar power plant and 75 MWh battery energy...
Read MoreREC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of Indian REC Limited under the Indian Ministry of Power (MoP), has transferred two special purpose vehicles (SPVs) corresponding to intrastate...
Read MorePower Grid Corporation of India Limited (POWERGRID), India’s largest power network developer, has emerged as the successful bidder for a new interstate transmission system (ISTS) project under a tariff-based competitive bidding...
Read MoreAdani Energy Solutions Limited (AESL), the power transmission and distribution company of the Adani Group Project, has acquired a major high voltage direct current (HVDC)-based interstate transmission system (ISTS) project...
Read MoreThe Asian Development Bank (ADB) has approved a USD100 million financing package to support power sector reforms in Sri Lanka. The Power Sector Reforms and Financial Sustainability Program (Subprogram 2) builds on the structural...
Read MoreTata Power, an Indian private power developer, has acquired the project-specific special purpose vehicle (SPV), Jejuri Hinjewadi Power Transmission Limited, from REC Power Development and Consultancy Limited (RECPDCL), a wholly...
Read MoreIndia Grid Trust (IndiGrid), India’s first power sector infrastructure investment trust (InvIT), has executed definitive agreements to acquire the Gadag Transmission Limited (GTL) interstate transmission system (ISTS) asset in...
Read MoreAgence française de développement (AFD), France’s public development finance institution, has signed two grant financing agreements with the Association of Southeast Asian Nations (ASEAN) Centre for Energy (ACE) and the...
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