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TPG to acquire majority stake in Siemens Gamesa’s onshore wind business

TPG’s investment in India and Sri Lanka will be made through TPG Rise Climate, its dedicated climate investing platform, and the transaction will serve as the inaugural investment from its…

Privatisation is the path to sustainable and efficient power distribution in India

Privatisation has emerged as a viable solution to address financial stability, grid modernisation and improved consumer experience. Financial distress, inefficiencies, and operational challenges have long plagued the power distribution sector…

Hartek wins ₹117 cr order from Power Grid Corporation

The project involves the extension of a 765kV AIS substation as well as 400/220kV substation work.  Hartek Group’s Power system business unit, has secured a ₹117 crore project in Gujarat…

Gensol, Matrix Gas to establish country’s first green hydrogen valley

Gensol Engineering in collaboration with Matrix Gas & Renewables will set up Green Hydrogen production plant in Pune on Build Own and Operate (BOO) basis to supply Green Hydrogen to…

IREDA to develop 900 MW Upper Karnali hydro-electric project in Nepal

Indian Renewable Energy Development Agency Ltd. (IREDA) has signed a Memorandum of Understanding (MoU) with SJVN Ltd., GMR Energy Ltd., and their associated companies to develop and implement the project.…

Welspun to develop 1.2 GW pumped hydroelectric storage project in Maharshtra

The firm has signed an MoU with the Maharashtra’s Department of Water Resources to develop the project. This ambitious venture, named the ‘Dhamni Pumped Hydro Project,’ will see an investment…

India will lead global energy transition: Dharmendra Pradhan

The India Ministerial Dialogue was held at 3rd India Energy Forum by CERA week in which hon’ble Minister of Petroleum and Natural Gas and Steel, Dharmendra Pradhan, hon’ble Minister of Railways…

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