JSW Energy Bids Rs.1.30-1.35 Bn for Reliance Power's Wind Projects

28 Mar 2024 CW Team

JSW Energy has submitted a bid of ?1.30-1.35 billion for the acquisition of Reliance Power's wind energy projects, signalling its intent to expand its renewable energy portfolio. This move underscores JSW Energy's strategic focus on enhancing its presence in the renewable energy sector.

The bid for Reliance Power's wind projects reflects JSW Energy's confidence in the potential of wind energy as a key component of India's renewable energy landscape. The acquisition of these projects would enable JSW Energy to diversify its renewable energy portfolio and capitalise on the growing demand for clean energy solutions.

Reliance Power's wind projects present an attractive investment opportunity for JSW Energy, given their strategic location and operational viability. The acquisition aligns with JSW Energy's long-term growth objectives and its commitment to sustainability and environmental stewardship.

Furthermore, the bidding process for Reliance Power's wind projects underscores the ongoing consolidation and evolution within India's renewable energy sector. The transaction, if successful, could further strengthen JSW Energy's position as a leading player in the renewable energy market.

As the renewable energy sector continues to expand, stakeholders anticipate increased investment and innovation in clean energy solutions. The potential acquisition of Reliance Power's wind projects by JSW Energy represents a significant development in this regard and highlights the continued momentum in India's transition towards a sustainable energy future.

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..