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NLC India is seeking 1,500 acres of private land for utility-scale solar projects in Tamil Nadu, implying around 300 MW of initial capacity with potential expansion to roughly 600 MW under a green-shoe option. Representative image.

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Mitsubishi Electric Corporation’s $1.4 billion acquisition of PCI Energy Solutions expands its push into power-market software as utilities manage increasingly complex grids shaped by renewables, battery storage and rising electricity demand. Representative image.

Mitsubishi Electric’s $1.4bn PCI deal targets software managing 60% of US power

Johan Sverdrup crude could meet 25% of ORLEN demand under three-year agreement

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General business news

ORIX USA to acquire majority stake in Hilco Global to expand asset-based lending and advisory scale

ORIX USA’s acquisition of Hilco Global brings new capital, lending strength, and advisory scale to the asset-based investment landscape.

byPallavi Madhiraju

July 6, 2025

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