Waaree 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...
Read MorePower Grid Corporation of India Limited (POWERGRID), India’s largest power network developer, has formalised joint venture (JV) agreements with Nepal’s state-owned Nepal Electricity Authority (NEA) for the incorporation of...
Read MorePower Grid Corporation of India Limited (POWERGRID), India’s largest power network developer, has retained its capital expenditure (capex) target of INR280 billion for fiscal year 2025-26 (FY 2026) ending March 31, 2026, with...
Read MoreAsian Development Bank (ADB), a regional multilateral development bank, has approved a loan worth USD330 million for Pakistan’s Second Power Transmission Strengthening Project, a government-priority initiative aimed at expanding...
Read MoreAzerenergy, Kazakhstan Electricity Grid Operating Company (KEGOC), and National Electric Grid of Uzbekistan (NEG Uzbekistan), the transmission system operators (TSO) of Azerbaijan, Kazakhstan and Uzbekistan respectively, have...
Read MoreThe World Bank has approved financing for Mongolia’s Fourth Energy Sector project, which aims to enhance the reliability and capacity of the country’s central energy system (CES) transmission grid while advancing integration of...
Read MorePower Grid Corporation of India Limited (POWERGRID), India’s largest power network developer, has completed the acquisition of two project special purpose vehicles (SPVs) associated with interstate transmission schemes (ISTS) it...
Read MoreVietnam Electricity National Power Transmission Corporation (EVNNPT), a subsidiary of state utility Vietnam Electricity (EVN), has signed a state investment credit contract worth VND715 billion with the Vietnam Development Bank...
Read MoreAdani Enterprises Limited (AEL), flagship company of the Adani Group – a private Indian energy conglomerate, through its joint venture AdaniConneX, has entered into a partnership with Google to develop India’s largest...
Read MorePower Grid Corporation of India Limited (POWERGRID), India’s largest power network developer, has completed the acquisition of the project special purpose vehicle (SPV) Mandsaur I RE Transmission Limited from bid process...
Read MoreThe Asian Infrastructure Investment Bank (AIIB) and the Government of Sri Lanka have signed a loan agreement to finance the Kerawalapitiya–Port L second transmission line project, under which AIIB will provide USD52 million in...
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