EDF to Sell Part of India Clean Energy Assets

03 Apr 2024 CW Team

French energy giant EDF (?lectricit? de France) has unveiled plans for a partial sale of its clean energy assets in India. The decision marks a strategic move by EDF to optimize its portfolio and potentially unlock value from its renewable energy investments in the Indian market.

EDF's clean energy assets in India include wind and solar power projects. The company intends to offload a portion of these assets to potential buyers, as part of its broader strategy to streamline operations and focus on core business priorities.

The proposed divestment aligns with EDF's efforts to reallocate resources and capital towards high-growth areas within the renewable energy sector. By selling a stake in its Indian assets, EDF aims to enhance financial flexibility and pursue new opportunities for expansion and innovation.

India's renewable energy market has witnessed significant growth in recent years, driven by favorable government policies and increasing demand for clean and sustainable power sources. EDF's decision to partially divest its clean energy assets reflects the dynamic nature of the sector and the evolving strategies of global players in response to market dynamics.

As EDF progresses with its plans for the partial sale of its Indian clean energy assets, stakeholders will closely monitor developments and assess the potential implications for the company's presence and operations in the country's renewable energy landscape. The divestment could pave the way for new partnerships and investments in India's thriving renewable energy sector, contributing to the nation's transition towards a greener and more sustainable energy future.

Infrastructure Energy

22 Oct 2025

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..