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LATEST
  • [ February 22, 2020 ] Attention to Hydro: Need to incentivise private sector participation Finance
  • [ September 10, 2026 ] SECI issues RfP to lease land for agri-PV projects in Delhi  Projects
  • [ September 10, 2026 ] Shakti Pumps secures 10,000 solar pumps order from MSEDCL Projects
  • [ September 10, 2026 ] KIS Group and VRS Foods to develop 10 CBG projects Projects
  • [ September 10, 2026 ] SJVN announces results of 600 MW wind auction Projects
  • [ September 10, 2026 ] Vilnius completes 3 MW green hydrogen plant  International News
  • [ September 10, 2026 ] Suniva secures $835 million to expand US solar cell manufacturing International News
  • [ September 10, 2026 ] SRE signs CPPA for 800 MW Taiwanese offshore wind project  International News
  • [ September 10, 2026 ] Building Scale: Moving towards deeper localisation Spotlight
  • [ September 9, 2026 ] Tender Results: Winners of recent capacities auctioned Data & Statistics
  • [ September 9, 2026 ] REC issues pilot tokenised corporate bonds under SEBI regulatory sandbox framework Financings
Homespecial purpose vehicle

special purpose vehicle

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Financings

POWERGRID acquires BDPTL for evacuation of renewable energy in Karnataka

February 16, 2026

Power Grid Corporation of India Limited (POWERGRID) has completed the acquisition of Bellary Davanagere Power Transmission Limited (BDPTL), the special purpose vehicle set up for the transmission project in Karnataka. The project aims to facilitate […]

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Financings

Dalmia Bharat divests stake in O2 Power’s SPV

January 21, 2026

Dalmia Cement (Bharat) Limited, a wholly owned subsidiary of Dalmia Bharat Limited, has divested its entire 25.44 per cent stake in  O2 Renewable Energy V, a special purpose vehicle of O2 Power. The transaction was […]

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Miscellaneous

JK Cement acquires additional stake in O2 Renewable Energy V Private Limited 

December 5, 2025

JK Cement Limited has purchased an additional 12.21 per cent equity stake in O2 Renewable Energy V Private Limited, a special purpose vehicle of O2 Power, for approximately Rs 0.05 billion. This has increased JK […]

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Miscellaneous

Havells India acquires 26 per cent stake in Kundan Solar for a 15 MWac solar project

December 1, 2025

Havells India Limited has acquired a 26 per cent stake in Kundan Solar (Pali) Private Limited, the special purpose vehicle (SPV) of Kundan Green Energy Private Limited. The SPV was formed for the development of […]

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Financings

HFE bags Rs 19.08 billion funding for hybrid renewable energy project

October 7, 2025

Hero Future Energies Private Limited (HFE), through its special purpose vehicle (SPV) Clean Renewable Energy Hybrid Three Private Limited, has raised Rs 19.08 billion in funding from the State Bank of India (lead) and Canara […]

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Projects

HFE raises Rs 10.24 billion funding for hybrid renewable energy project

September 24, 2025

Hero Future Energies Private Limited (HFE), through its special purpose vehicle, Clean Solar Power Barmer Private Limited, has secured Rs 10.24 billion in funding from the State Bank of India. The funding is for the […]

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Financings

Laurus Labs obtains 26 per cent stake in Ethan Energy

November 29, 2022

Pharmaceutical and biotechnology company Laurus Labs has obtained 26 per cent equity shares in Ethan Energy by investing Rs 39 million. Ethan is a special purpose vehicle of Vibrant Energy Holdings. This acquisition will allow […]

Recent Posts

  • Suzlon bags 200 MW wind order from Ayana Renewable Power 

    September 8, 2026
    Suzlon Energy Limited has secured a 200 MW wind energy order from Ayana Renewable Power Limited for a project at …Read More »
  • Sunsure Energy and Kajaria Ceramics sign 20 MW hybrid PPA 

    September 8, 2026
    Sunsure Energy has signed a long-term power purchase agreement (PPA) with Kajaria Ceramics to supply round-the-clock (RTC) renewable power to …Read More »
  • Sturdee Energy acquires 200 MW wind project in Zambia

    September 8, 2026
    Sturdee Energy has acquired the Masaiti wind project in the Copperbelt region of Zambia. The project has an installed capacity …Read More »

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