In Short : The Assam government has signed a ₹500 crore MoU with Hedge5 to develop renewable energy and biogas projects in the state. The partnership aims to promote clean energy, reduce carbon emissions, and create sustainable livelihood opportunities. The projects will support Assam’s green energy goals while contributing to environmental conservation and rural economic […]
NHPC forms JV with power producer APGENCO for renewable energy projects – EQ
In Short : NHPC has formed a joint venture with Andhra Pradesh Power Generation Corporation (APGENCO) to develop renewable energy projects. The collaboration aims to boost green energy capacity in Andhra Pradesh, focusing on solar, wind, and hybrid energy solutions. This partnership supports India’s renewable energy targets and strengthens efforts toward a sustainable and low-carbon […]
Consortium of three power cos acquires Karvy Data Management Services for Rs 159 crore – EQ
In Short : A consortium of three power companies has acquired Karvy Data Management Services for ₹159 crore. This strategic acquisition aims to leverage Karvy’s data management expertise to enhance operational efficiencies and customer service within the power sector. The deal underscores the growing importance of data-driven solutions in optimizing energy distribution and management. In […]
NTPC Green Energy inks pact with Indus Towers to develop renewable energy projects – EQ
In Short : “NTPC Green Energy signs agreement with Indus Towers to collaborate on developing renewable energy projects, marking a strategic partnership towards advancing sustainable energy solutions and reducing carbon emissions.” In Detail : The MoU (Memorandum of Understanding) shall explore joint development of grid-connected renewable energy-based power projects including solar, wind, energy storage etc. […]
UP govt plans to set up 8 renewable energy projects worth over Rs 67,000 cr – EQ
In Short : The Uttar Pradesh government is reportedly planning to establish eight renewable energy projects with a cumulative investment exceeding Rs 67,000 crore. This initiative underscores the state’s commitment to expanding its renewable energy capacity and promoting sustainable development in the region. In Detail : The projects may be launched at the Groundbreaking Ceremony […]
REC Limited and National Investment and Infrastructure Fund Limited to collaborate on funding solutions for renewable energy projects and large infra projects – EQ
In Short : REC Limited and the National Investment and Infrastructure Fund Limited are set to collaborate on providing funding solutions for renewable energy projects and large infrastructure projects. This strategic partnership underscores the commitment to advancing sustainable initiatives and supporting crucial developments in the renewable energy and infrastructure sectors. In Detail : REC Limited, […]
Waaree Renewable eyes big growth in EPC biz – EQ
In Short : Waaree Renewable, a company specializing in renewable energy solutions, is aiming for significant growth in its Engineering, Procurement, and Construction (EPC) business. This strategic focus aligns with the increasing demand for renewable energy projects and reflects the company’s commitment to expanding its presence in the sector. In Detail : Waaree Renewable Technologies […]
Shell agrees to sell partial ownership stake in two U.S.-based renewable energy projects to InfraRed Capital Partners – EQ
In Short : Shell has reached an agreement to sell a partial ownership stake in two U.S.-based renewable energy projects to InfraRed Capital Partners. This transaction reflects Shell’s ongoing efforts to optimize its portfolio and align with strategic priorities, potentially supporting the growth of renewable energy initiatives through collaboration with InfraRed Capital Partners. In Detail […]
Brookfield forms a joint venture with Axis Energy Ventures to develop renewable energy projects – EQ
Mumbai : Brookfield and Axis Energy Ventures today announced their second joint venture partnership to establish a renewable energy development platform. Axis Energy Ventures will contribute their existing development pipeline of wind and solar power projects which are spread across the country and at various stages of development. Brookfield, through the Brookfield Global Transition Fund […]
ONGC (Oil and Natural Gas Corporation) has signed a Memorandum of Understanding (MoU) with NTPC Green Energy Limited to collaborate on the development of renewable energy projects – EQ
In Short : ONGC (Oil and Natural Gas Corporation) has signed a Memorandum of Understanding (MoU) with NTPC Green Energy Limited to collaborate on the development of renewable energy projects. This partnership highlights ONGC’s commitment to diversifying its energy portfolio and promoting sustainability. By working together, the two entities aim to contribute to India’s renewable […]