Tata Power, a leading force in India’s integrated power landscape, has successfully acquired Bikaner-III Neemrana-II Transmission Limited. This significant move came after Tata Power emerged as the successful bidder in the Tariff-Based Competitive Bidding (TBCB) process, aligned with the guidelines set by the Union Ministry of Power. The acquisition, a strategic decision by Tata Power, […]
ReNew Energy Global Plc, a leading decarbonisation solutions provider in India, has signed Memorandums of Understanding (MoUs) with Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) that are collectively worth INR 640 billion (approximately $7.8 billion). These funds will be allocated to ReNew Energy Global’s green energy initiatives, as detailed during the Clean Energy […]
Indian transport infrastructure consultancy and engineering firm, RITES Ltd, has signed a memorandum of understanding (MoU) with Power Finance Corporation (PFC) to collaborate on consultancy projects in sectors including transport and logistics, water and sanitation, energy, communication, social and commercial infrastructure. Under the MoU, RITES will offer its expertise in pre-feasibility reports, detailed project reports, […]