The investment comes as the Noidaâbased company has completed ten acquisitions in the past ten months, highlighting its rapid expansion strategy. Rising Sun Holdings Pvt. Ltd., the Adar Poonawalla family office, has invested âč7 billion in Inox Clean Energy Ltd, the integrated renewable energy platform of the INOXGFL Group, at a valuation of âč700 billion....
Category: Power & New and Renewable Energy
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Suzlonâs NextâGen S175 Turbine Secures 105âŻMW Sunsure Order in Commercial Debut
This is Gurugramâbased Sunsureâs third order with Suzlon in under 14âŻmonths, lifting their cumulative partnership toâŻ400.8âŻMW. Within two weeks of launching the S175âŻ(5.0âŻMW)âIndiaâs tallest and most powerful wind turbineâSuzlon has secured its first 105âŻMW order for the nextâgeneration model from SunsureâŻEnergy. The order marks a strong commercial debut for the S175, the Puneâheadquartered fullâstack renewable...
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PFC-REC Merger Scheme Approved by Boards, Creating âč11âŻTrillion Power Financing Giant
Once completed, the merger will strengthen Indiaâs ability to finance large-scale power and renewable energy projects through a unified, globally competitive institution. The boards of Power Finance Corp. Ltd (PFC) and REC Ltd (REC) have approved a merger scheme that will combine Indiaâs two leading government-backed power sector financiers into a single entity with a...
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HyperNext to Deploy Kirloskarâs Optiprime Systems for Indiaâs First 800VDC Data Centres
The order represents one of Indiaâs largest deployments of highâcapacity backup power systems for hyperscale data centres. Kirloskar Oil Engines Ltd (KOEL), one of Indiaâs leading power generation manufacturers, has secured a landmark order from HyperNext, a hyperscale data centre builder and operator. The order comprises 192âŻMW, 96 units of Puneâheadquartered KOELâs 2500âŻkVA Optiprime Dual...
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DHL Group Expands New Energy Logistics Amid Global Supply Shifts
Driven by strong customer demand, DHL Group aims to grow revenue in new energy logistics from around âŹ600 million in 2025 to âŹ3 billion by 2030. Amid fossil fuel supply disruptions, global logistics leader DHL Group has announced plans to strengthen its capabilities and presence in the new energy sector, targeting significant revenue growth from...
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CleanMax-GACL Seal Gujaratâs Largest Hybrid RE Partnership for Industrial Decarbonisation
This landmark hybrid renewable group captive project for CleanMax will roll out in two phases. Gujarat Alkalies and Chemicals Ltd (GACL), one of Indiaâs leading chlorâalkali companies, has partnered with Clean Max Enviro Energy Solutions Ltd to source hybrid renewable energy for its manufacturing operations in Gujarat. The project will comprise 75.90 MW of wind...
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Atlanta Electricals Wins âč2.85 Billion PSTCL Transformer Order
The order covers 23 highâcapacity 160 MVA, 220/66 kV power transformers, each fitted with advanced fire prevention and extinguishing systems, along with optional spares. Atlanta Electricals Ltd, the Gujaratâbased leading manufacturer of power transformers, has secured an order worth around âč2.85 billion from Punjab State Transmission Corporation Limited (PSTCL) for the supply of highâcapacity power...
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Chasing 70 GW Ambition, Suzlon 2.0 Reâinvents Wind for Energy Transition
The company aims to build an integrated platform that delivers renewable energy at scale with speed, certainty, and longâterm performance, powering systems that are reliable, accessible, affordable, and intelligent. Suzlon, Indiaâs largest pureâplay wind original equipment manufacturer, has unveiled an ambitious plan to transform into a windâfirst, fullâstack renewable energy solutions company. This forwardâlooking growth...
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MGL and Fourth Partner Energy Ink MoU for Clean Energy Push
Under the agreement, both companies will explore opportunities in renewable energy generation and supply, combining their expertise to meet the evolving needs of C&I consumers. Mahanagar Gas Ltd (MGL), one of Indiaâs leading City Gas Distribution (CGD) companies, and Fourth Partner Energy Pvt. Ltd. (FPEL), a leading renewable energy developer, have signed an MoU to...
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REC Signs MoU with ERDA to Strengthen Quality Assurance under RDSS
The collaboration will ensure that materials used in RDSS projects meet prescribed standards, strengthening reliability and efficiency across Indiaâs power distribution network. REC Ltd, a leading government-owned power sector financier, has signed an MoU with the Electrical Research and Development Association (ERDA), an independent testing and certification body, to strengthen quality testing and assurance mechanisms...