In Short : Websol Energy has signed a deal with Luminous Power Technologies to supply 100 MW of high-efficiency mono PERC solar cells between April 2025 and April 2026. With cell efficiency up to 23.4%, this partnership strengthens Websol’s position in the renewable energy sector and supports India’s clean energy goals through expanded solar manufacturing […]
Poly Medicure inks pact with AMPIN Energy Transition for 10 MWp solar project in Haryana – EQ
In Short : Poly Medicure has partnered with AMPIN Energy Transition for a 10 MWp solar project in Haryana, sourcing power from AMPIN’s 75 MWp solar park. The initiative will cut costs by 30% and reduce Scope-2 emissions at Poly Medicure’s Faridabad plants. This marks its first off-site solar PPA, reinforcing its commitment to sustainability […]
Welspun New Energy inks pact with Odisha for Rs 13,500-cr clean energy projects – EQ
In Short : Welspun New Energy has signed an agreement with the Odisha government to invest ₹13,500 crore in clean energy projects. The initiative aims to boost renewable energy capacity in the state, supporting India’s transition to sustainable power. This partnership is expected to generate jobs, enhance green energy infrastructure, and contribute to Odisha’s economic […]
Waaree Energies inks pact to acquire Enel Green Power India for Rs 792 cr – EQ
In Short : Waaree Energies Ltd has agreed to acquire Enel Green Power India for ₹792 crore. Enel’s Indian arm operates 640 MW of solar and wind projects, with a 2.5 GW project pipeline. This acquisition will diversify Waaree’s revenue, strengthen its wind energy capabilities, and boost its Independent Power Producer business. Completion is expected […]
ReNew inks pact with Anzen to sell 300 MW operational solar asset in Raj – EQ
In Short : ReNew Energy Global has signed a deal to sell its 300 MW solar power plant in Rajasthan to Anzen India Energy Yield Plus Trust for $176 million. The plant, operational for three years, operates under a 25-year power purchase agreement. ReNew is also set to receive $17 million in earn-out payments, optimizing […]
Hyundai inks pact with Fourth Partner Energy to set up renewable energy projects in Tamil Nadu – EQ
In Short : Hyundai Motor India has partnered with Fourth Partner Energy to develop two renewable energy plants in Tamil Nadu, including a 75 MW solar and 43 MW wind power facility. This Rs. 38 crore investment supports Hyundai’s goal of 100% renewable electricity by 2025 under the RE100 initiative. The project aims to generate […]
Ayana Renewable inks pact to set up 330-MW RE capacity for Hindalco – EQ
Mumbai (Maharashtra)/ Bangalore (Karnataka) [India] : Ayana Renewable Power, one of the largest Independent Power Producers (IPP) in India and backed by National Infrastructure and Investment Fund (NIIF), British International Investment (BII) and Green Growth Equity Fund, has signed a Power Purchase Agreement with Hindalco Industries Limited, the metals flagship company of the Aditya Birla […]
PTC India inks pact for 115 MW power supply from VS Lignite Power – EQ Mag
Power trading solution provider PTC India has inked a long-term power purchase agreement with VS Lignite Power for 115 MW of electricity supply PTC India executed a long-term power purchase agreement (PPA) for 115 MW with VS Lignite Power Pvt. Ltd, a company statement said. VS Lignite operates a 135-MW lignite-fired power plant in Bikaner […]
NTPC Green Energy Limited (NGEL) inks pact with Indian Oil Corporation Limited (IOCL) for setting up renewable energy projects – EQ Mag
NTPC has set a targe of 60 GW of renewable generation over the next decade NGEL, a wholly owned subsidiary of NTPC Limited, has signed a Joint Venture Agreement with IOCL for setting up of renewable energy projects to meet Round the Clock power requirement of IOCL Refineries. The JV Agreement was signed by Mr. […]
PTC India inks pact with Bhutan’s Druk Green Power Corporation to export 600 MW power – EQ Mag
PTC India on Monday said it has entered into an agreement with Bhutan’s electricity utility firm Druk Green Power Corporation Limited to supply 600 MW power to the neighbouring country during the winter season. “Bhutan, through Druk Green Power Corporation Limited, has entered into an agreement with PTC India Ltd, for purchase of power from […]