SUBSCRIBE NEWS LETTER

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Actis’ BluPine Energy Buys 404 MW of Solar Power Assets from Atha

Delhi-based renewable energy and storage solution provider company, that is 100% backed by global investment firm Actis Llp, BluPine Energy has purchased 404 MW of solar power assets from Atha Group, a private equity corporation headquartered in London. The enterprise value of the solar assets owned by Atha in this transaction is close to Rs. […]

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Actis Forms Blupine Energy to Develop renewable energy in India

Actis has incorporated Blupine Energy Pvt Ltd, a company in India to develop renewable energy projects and store assets in India. In June, 2021, Actis had officially incorporated Blupine Energy in which the paid up capital was Rs 16 crore. Reports say that Bluline will become active immediately with a corpus of funds amounting $800 […]

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NTPC Plans 813 MW Wind Project In Bellary, Issues Tender

NTPC Renewable Energy Limited (NTPC REL) has invited bids for the supply and installation of wind turbine generators (WTGs) for an 813 MW (271 WTG) wind energy project in Bellary, Karnataka. The NTPC tender specifies that the wind energy project must have a minimum capacity of 813 MW, corresponding to 271 locations. It set April […]

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Actis Acquires Stride’s 371MW Portfolio, Bolsters Indian Footprint

Actis, a global investor in sustainable infrastructure, has acquired a 100% stake in Stride Climate Investments (Stride), a solar generation asset portfolio in India, from a fund managed by Macquarie Asset Management. The deal sees Actis take charge of Stride’s 371MW (414MWp) portfolio of operating solar PV assets spread across 21 projects in 7 states, […]

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GUVNL Awards 250 MW Solar Tender With Greenshoe Option At ₹2.60/kWh

GUVNL has recently concluded its 250 MW solar auction with a greenshoe option. These projects were awarded to three winners: Welspun Renewable Energy, Avaada Energy, and SAEL Industries. GUVNL issued the tender for this project in January 2025, and the results were announced within a record time of two months. As per the tender announcements, […]

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Amazon To Add Three New Wind Farm Projects Across India

American multinational technology company, Amazon has invested in three new wind energy projects across India, further expanding its presence in India. The new projects include wind farms in Karnataka, Maharashtra, and Tamil Nadu. Its latest investment expands the company’s renewable energy portfolio in India which now comprises 53 solar and wind projects nationwide.The new wind farms […]

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Budget 2025: Green Firms Seek Support For Wafer, Ingot Production

As the Union government is gearing up to announce the Union Budget, India’s renewable energy sector is expecting more hand-holding support from the government. The industry is now also keen to have more stability in policies and attention to some of the lesser support areas of the industry. In the last interim and extended budget […]

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Winning Bids Cross Rs 3/kWh In SECI’s 1 GW Solar Tender

In an ominous sign of changing market dynamics, SECI’s 1000 MW Tranche XVIII tender for ISTS connected solar projects has attracted winning bids, all over Rs 3/kWh. The tender, released in September this year, has ReNew Solar Power( 250 MW at Rs 3.04), Acme Solar holdings (300 MW at Rs 3.05) and Adani Green Energy […]

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Prozeal, Kintech & SAEL Secure GUVNL’s 500 MW Solar Auction

GUVNL recently announced seven winners of its 500 MW grid-connected solar power projects with an additional 500 MW greenshoe option. Under its Phase XXV auction, it allocated bids to S.B.B. Mouldings, Kintech Synergy, Enertech Fuel Solutions, Prozeal Green Energy, Ausom Enterprise, Drashta Green Power, and SAEL Industries. The tender for this project was released in […]

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