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Green Energy

IOCL To Form New Subsidiary To Implement 1GW Wind, Solar Project

Indian Oil Corporation Limited (IOCL) has announced its plans to implement 1 GW of renewable energy projects across the country. In its latest board meeting, the oil corporation laid out a map to initiate projects involving standalone ground mounted Solar or standalone onshore Wind or Wind-Solar Hybrid projects. IOCL has plans to establish a Wholly […]

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Megha Engg. Bags 2000 MW Pumped Storage Project

Hyderabad based infrastructure firm Megha Engineering and Infrastructure (MEIL) has been awarded the 2,000-megawatt Sharavathi pumped storage power project in Karnataka. The project, which is set to be the largest pump storage power generation unit in the country, is estimated to cost over Rs 8,000 crore and play a key role in Karnataka’s energy future. […]

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Sterlite Wins Rs 7,000 Cr Orders During FY24, Witnesses 35% YoY Increase To FY 23

Sterlite Power, a power transmission developer as well as products & services provider, capped off a successful fiscal year (FY24) with new orders worth INR 2,500 crores for its Global Products and Services (GPS) business unit in Q4. This takes Sterlite’s cumulative order wins in FY24 to Rs 7,000 crores, representing a 35% year-on-year (YoY) […]

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EMobility Firm BluSmart Crosses Rs 500 Crore In Annual Run Rate

EMobility ride-hailing service BluSmart has announced that it has crossed the Annual Run Rate (ARR) of Rs 500 Crore ($60 Million) achieving 102% growth over the previous year. BluSmart’s gross business value (GBV) witnessed phenomenal growth, delivering a CAGR of 300% over the last three years, and is well poised for continued growth. The growth […]

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First EOI For GREGY Interconnection Between Greece And Egypt Called

The GREGY project, or Green interconnector between Greece and Egypt has moved one step ahead with the call forexpression of interest for studies on the project. ELICA Mediterranean Electrical Interconnection S.M. S.A., a member of Copelouzos Group, which is developing the GREGY electrical interconnection project, has published the first two calls for expression of interest […]

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SGEL Invites Bids For 400 MW MSEDCL Solar Projects Across Maharashtra

SJVN Green Energy (SGEL) has invited online bids through an open tender, for 400 MW MSEDCL solar project across Maharashtra. These bids were invited on a single stage two envelope format. It included envelope-I: techno-commercial bid and envelope-II: price bid. SGEL project is to be undertaken with reverse auction for the balance of system (BoS) package including power evacuation. […]

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Premier Energies To Seek Rs 1500 Crore In IPO Soon

Premier Energies Limited, India’s second largest integrated solar cell and solar module manufacturer (in terms of annual installed capacity of 2 GW and 3.36 GW, respectively as per a Frost & Sullivan Report), as of March 31, 2024, has filed the draft red herring prospectus (DRHP) with capital markets regulator, SEBI to raise more than […]

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Everything You Wanted To Know About India’s Biggest Rooftop Solar Scheme

Made For, Of and By India One of the biggest aspects of the PM Surya Ghar Scheme is the focus on mass markets, by limiting subsidies to systems upto 3kW in size. It is also meant to be a catalyst for India’s domestic manufacturing base for solar equipment, which has struggled to counter Chinese imports […]

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Inox Wind Gets Repeat Order for 210 MW WTGs From Hero Future Energies

Inox Wind Limited (IWL), one of India’s leading wind energy solutions provider, has bagged an order for the supply of 210 MW of Wind Turbine Generators (WTGs) from Hero Future Energies (HFE), the renewable energy developer from the Hero group. The order is for IWL’s state-of-the-art 3 MW Wind Turbine Generators (WTGs), and the scope […]

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