Dilip Buildcon Ltd. (DBL) is advancing its asset-light “DBL 2.0” strategy with a proposed divestment of stakes in two under-construction power infrastructure SPVs to Alpha Alternatives. The portfolio has a combined project cost of approximately ₹8,400 crore and includes large-scale solar generation and power transmission assets. Portfolio Details ☀️ Solar Portfolio: 1,363 MW AC /…
Ultraviolette Automotive has signed a Memorandum of Understanding (MoU) with the Government of Tamil Nadu to establish a new electric vehicle manufacturing facility in Krishnagiri district, marking a major expansion of its manufacturing footprint. The company plans to invest ₹779 crore in the new facility, which will manufacture electric scooters and motorcycles. The project is…
Gujarat Urja Vikas Nigam Limited (GUVNL) has completed the auction for 450 MW / 900 MWh of standalone Battery Energy Storage System (BESS) capacity under Phase IX, with the entire capacity awarded to two developers. NLC India Renewables Ltd. secured 275 MW / 550 MWh at a tariff of ₹2,31,989/MW/month, while Sun Drops Energia Limited…
Jupiter Wagons Limited (JWL) has secured two standalone Battery Energy Storage System (BESS) projects from West Bengal State Electricity Distribution Company Limited (WBSEDCL), further strengthening its presence in India’s rapidly expanding energy-storage market. The projects have a combined capacity of 100 MW / 400 MWh and will be developed at Jeerat and Kharagpur in West…
