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NLC India Renewables Secures LoI for 275 MW/550 MWh BESS Project in Gujarat

NLC India Renewables Limited (NIRL), a wholly owned subsidiary of NLC India Limited, has received a Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Limited (GUVNL) for developing a 275 MW/550 MWh standalone Battery Energy Storage System (BESS) project in Gujarat.  NIRL emerged as the successful bidder through GUVNL’s tariff-based competitive bidding process for…

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Hi-Tech Radiators has appointed Gaurav Vani as Group Chief Financial Officer (CFO)

Hi-Tech Radiators has appointed Gaurav Vani as Group Chief Financial Officer (CFO), effective July 2026. Vani brings more than 16 years of strategic finance leadership experience across Indian and international operations.  In his new role, Vani will oversee financial planning and performance, capital allocation, funding, governance, compliance and enterprise risk management. He will also lead…

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Blueleaf Energy, Universal Peak Secure Financing for 100 MW/400 MWh BESS Project in Malaysia

Blueleaf Energy and Universal Peak have achieved financial close with United Overseas Bank (UOB) for a 100 MW/400 MWh utility-scale Battery Energy Storage System (BESS) project in Malaysia. UOB will serve as the project’s sole lender.  The project will be developed by BKHM BESS Sdn Bhd, a joint venture between Blueleaf Energy and Universal Peak,…

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Agastya Energy Announces ₹7,800 Crore Investment for 12 GW Integrated Solar Manufacturing Facility in Andhra Pradesh

Agastya Energy Industries Pvt Ltd has announced plans to invest approximately ₹7,800 crore to establish an integrated solar manufacturing facility at the Orvakal Industrial Area in Kurnool, Andhra Pradesh. The project is aimed at strengthening domestic manufacturing of upstream solar components and expanding the company’s presence across the solar photovoltaic (PV) value chain. The proposed…

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