L&T wins new orders for power transmission and distribution
Larsen & Toubro has secured contracts to implement advanced distribution SCADA and HVDC transmission lines.
Waaree Renewable reports improved revenue, profit in first quarter
Waaree Renewable Technologies recorded a revenue of INR 129 crore ($15.8 million) and a net profit of INR 11.1 crore in the April-to-June period of FY 2023-24.
Torrent Power launches public EV charging stations
The integrated power utility has collaborated with Siemens to develop the electric vehicle (EV) charging network. It has set up four EV charging stations in the Ahmedabad district of Gujarat initially and plans to cover more cities in the future.
Juniper Green Energy signs $611.24 million MoU with PFC
Juniper Green Energy will use the amount to fund its upcoming 1.2 GW of renewable energy projects.
Avaada Energy wins 280 MWp in SECI’s 2 GW solar auction
Avaada Energy will supply solar power at a tariff of INR 2.61 ($0.032)/kWh, the highest among all winners of the auction.
PFC signs MoUs for clean energy lending worth around $29 billion
Adani, Greenco, ReNew, Continuum, Avaada, JBM Auto, Megha Engineering & Infrastructure Ltd, and Rajasthan Renewable Energy are amongst companies that signed the MoUs to raise funds for their clean energy projects.
GMR secures $927 million smart metering project
GMR Smart Electricity Distribution has won a project to install over 7.5 million prepaid smart meters in Uttar Pradesh. It will implement these smart meters on a design, build, finance, own, operate, and transfer basis.
SJVN secures 1.2 GW solar project for Punjab
SJVN Green Energy Ltd will develop 1.2 GW of solar projects for supply to Punjab State Power Corp. Ltd under a 25-year power purchase agreement.
SECI wraps up 2 GW solar tender with $0.032/kWh tariff
The winning developers can set up projects anywhere in India, as long as these are connected to the interstate transmission system (ISTS).
ReNew signs MoUs worth $7.8 billion for green energy projects
Power Finance Corp. (PFC) and Rural Electrification Corp. (REC) committed debt funding of $3.9 billion each.
