Tata Communications Limited, a wholly owned subsidiary of the Tata Group, has entered into a share purchase agreement with Clean Max Enviro Energy Solutions Limited and its wholly owned subsidiary Clean Max Yuhdul Private Limited […]
Epigral Limited has announced an expansion of its existing wind-solar hybrid power plant capacity from 18.34 MW to 38.14 MW. Through the formation of a special purpose vehicle (SPV), the company collaborated with Prozeal Green […]
Sunflag Iron and Steel has entered into a long-term power purchase agreement with Sunsure Energy’s special purpose vehicle, Sunsure Solarpark Thirty Seven. The agreement allows Sunflag to source solar energy in captive mode from an […]
The Ministry of Power has issued tariff-based competitive bidding guidelines for procuring stored energy from existing, under-construction, or new Pumped Storage Projects (PSP). As per the National Electricity Plan 2023, India will require 74 GW/411 […]
JSW Energy’s subsidiary, JSW Neo Energy, has completed the acquisition of 125 MW of renewable energy assets from Hetero Group for an enterprise valuation of approximately Rs 6.3 billion. The portfolio includes wind power projects […]
GMR Smart Electricity Distribution Limited (GSEDPL), a subsidiary of GMR Power and Urban Infra Limited (GPUIL), has received approval for a loan of Rs 21.28 billion from the Indian Renewable Energy Development Agency. The loan […]
The Competition Commission of India has approved Gentari Renewables India’s acquisition of 21 special purpose vehicles (SPVs) and the holding companies of certain SPVs. These entities are engaged in the generation and sale of solar […]
Bharti Airtel has acquired a 26 per cent stake in a special purpose vehicle of AMPIN Energy Transition to develop a 50 MW wind-solar hybrid power project in Barmer, Rajasthan. The project will supply green […]
REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of REC Limited under the Ministry of Power, transferred the Special Purpose Vehicle (SPV) Rajasthan IV 4A Power Transmission Limited to Power Grid Corporation of India […]
UltraTech Cement has announced plans to source renewable energy in a captive arrangement through CleanMax’s special-purpose vehicle (SPV), Clean Max Sapphire. The company has entered agreements for energy supply, share subscription, and shareholder rights, acquiring […]
Refex Green Power, a subsidiary of Refex Renewables & Infrastructure, has established Refex Solar SPV Five Limited to develop a 100 MW solar power project awarded by NTPC Limited. Refex Solar SPV Five will serve […]
REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of REC Limited under the Ministry of Power, has transferred the Special Purpose Vehicle (SPV) for the Khavda V-A Power Transmission Project to Power Grid Corporation […]
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has transferred two Special Purpose Vehicles (SPVs) to two different companies. The Khavda IV A Power Transmission Limited has been transferred to […]
REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of REC Limited, has transferred two project specific special purpose vehicles (SPV): Rajasthan IV-C Power Transmission Limited and Rajasthan IV-E Power Transmission Limited to Power Grid Corporation of India Limited […]
JSW Energy has finished the acquisition of 1,753 MW of renewable energy generation capacity in 30 Mytrah Energy special-purpose vehicles (SPVs). JSW Energy’s largest acquisition to date, valued at around Rs 101.5 billion. JSW Energy’s […]
Hindustan Zinc has acquired a 26 per cent stake in Serentica Renewables India, a special purpose vehicle (SPV) for Rs 3.5 billion. In addition, the company signed a long-term renewable power delivery agreement with a […]
The Ministry of New and Renewable Energy (MNRE) has extended the Quality Control Order, 2017 for SPV inverters (items 4-5) from June 30,2022 to December 31,2022 based on self-certification. This extension has been done due […]
COPYRIGHT © 2017-2025 | RENEWABLE WATCH