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Financings

IREDA secures JPY 28 billion financing from Sumitomo Mitsui Banking Corporation

March 31, 2026

Indian Renewable Energy Development Agency Limited (IREDA) has signed a facility agreement with Sumitomo Mitsui Banking Corporation to raise external commercial borrowing amounting to JPY 28 billion. The arrangement includes a greenshoe option of up […]

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Financings

Global Infrastructure Partners to invest up to Rs 30 billion in ABREN

December 11, 2025

Aditya Birla Renewables Limited (ABREN), a Grasim subsidiary, has finalised an investment of up to Rs 30 billion from Global Infrastructure Partners. The arrangement includes a commitment of Rs 20 billion, along with a greenshoe […]

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Projects

GUVNL invites bids to procure energy from 625 MW solar projects

November 25, 2025

Gujarat Urja Vikas Nigam Limited (GUVNL) has invited bids for the procurement of power from 625 MW of solar projects without energy storage. The projects can be located anywhere in India. Furthermore, the tender also […]

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Projects

WBSEDCL issues tender to set up 250 MW/1,000 MWh BESS

October 14, 2025

West Bengal State Electricity Distribution Company Limited (WBSEDCL) has issued a tender to set up 250 MW/1,000 MWh standalone battery energy storage systems (BESS) at the Goaltore substation in Paschim Midnapore, West Bengal. The tender […]

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Projects

GUVNL issues RfS for 250 MW wind projects with greenshoe option

September 30, 2025

Gujarat Urja Vikas Nigam (GUVNL) has issued a request for selection (RfS) for the development of 250 MW grid-connected wind power projects under Phase X. The tender also includes a greenshoe option to procure an […]

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Projects

SJVN issues FDRE with storage tender for 600 MW

April 1, 2024

SJVN Limited has issued requests for proposals for appointment of developers to deliver inter-state transmission system (ISTS) connected 600 MW firm and dispatchable renewable energy (FDRE) with storage. The tender also includes an additional greenshoe […]

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Financings

Transition VC inaugurates Rs 4 Billion fund for cleantech startups

November 23, 2022

Transition VC, an energy transition-focused venture capital firm has inaugurated a fund with a target corpus of Rs 4 billion which includes a Rs 2 billion greenshoe option. The Bengaluru-based company plans to invest in […]

Projects

TPDDL floats bids for 255 MW of wind-solar hybrid projects

September 1, 2022

Tata Power Delhi Distribution (TPDDL) has requested bids for 255 MW of wind-solar hybrid power projects across India, with a greenshoe option for an additional 255 MW. The projects will be established on a build, […]

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