Powerica Limited has signed a 25-year Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) for a 100 MW wind power project in Botad, Gujarat, at a tariff of ₹3.44/kWh. The project is planned to be executed within 24 months and is expected to deploy 28 GE Vernova 3.8 MW wind turbines. The…
RPSG Group’s renewable energy platform, Purvah Green Power, is set to acquire a 1.4 GWp operating solar portfolio from ReNew Solar Power for an enterprise value of ₹4,859 crore (approximately US$509 million). The portfolio comprises six special purpose vehicles (SPVs) holding operating solar projects across Rajasthan and Karnataka. The acquisition is being funded by the…
Schneider Electric has elevated Ratnesh Kumar Pandey to the position of Vice President, Marketing, Schneider Electric India, as the company continues to strengthen its marketing and customer engagement strategy in the country. In his new role, Pandey will lead Schneider Electric India’s marketing agenda, covering brand strategy, integrated marketing, digital engagement, customer experience and commercial…
Bajel Projects Limited has secured two EPC orders for high-voltage transmission line packages under the WR-ER Inter-Regional Network Expansion Scheme – Part A, strengthening its presence in India’s power transmission infrastructure sector. The two packages, TL06 and TL02, cover the development of new 400kV and 765kV double-circuit transmission lines designed to strengthen power evacuation and…
