Once completed, the merger will strengthen Indiaās 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 Indiaās two leading government-backed power sector financiers into a single entity with a...
Category: Power & New and Renewable Energy
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HyperNext to Deploy Kirloskarās Optiprime Systems for Indiaās First 800VDC Data Centres
The order represents one of Indiaās largest deployments of highācapacity backup power systems for hyperscale data centres. Kirloskar Oil Engines Ltd (KOEL), one of Indiaās leading power generation manufacturers, has secured a landmark order from HyperNext, a hyperscale data centre builder and operator. The order comprises 192āÆMW, 96 units of Puneāheadquartered KOELās 2500āÆkVA 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 ā¬600 million in 2025 to ā¬3 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 Gujaratās 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 Indiaās leading chlorāalkali 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 ā¹2.85 Billion PSTCL Transformer Order
The order covers 23 highācapacity 160 MVA, 220/66 kV power transformers, each fitted with advanced fire prevention and extinguishing systems, along with optional spares. Atlanta Electricals Ltd, the Gujaratābased leading manufacturer of power transformers, has secured an order worth around ā¹2.85 billion from Punjab State Transmission Corporation Limited (PSTCL) for the supply of highācapacity power...
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Chasing 70 GW Ambition, Suzlon 2.0 Reāinvents Wind for Energy Transition
The company aims to build an integrated platform that delivers renewable energy at scale with speed, certainty, and longāterm performance, powering systems that are reliable, accessible, affordable, and intelligent. Suzlon, Indiaās largest pureāplay wind original equipment manufacturer, has unveiled an ambitious plan to transform into a windāfirst, fullāstack renewable energy solutions company. This forwardālooking 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 Indiaās 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 Indiaās 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...
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SEIL Energy India Hosts South Indiaās First C&I Conference
Nearly 150 delegates from over 30 power companies and equipment suppliers across four southern states assembled to share fieldālevel insights on the digital and automation frontier of thermal power. At a time when Indiaās grid is being tested by renewable intermittency, increasing load volatility, and rising cyber threats, SEIL Energy India Ltd initiated a major...
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CleanMax Raises $575 Million for 1 GW Renewable Push in Rajasthan and Karnataka
The fundraise will power renewable energy projects for digitalāage industries, particularly AI, cloud computing, and data centres, sectors rapidly emerging as key demand drivers in Indiaās clean energy transition. Clean Max Enviro Energy Solutions Ltd, Indiaās largest renewable energy solutions provider for the commercial and industrial (C&I) sector, has successfully raised around $575 million to...