Radiance Renewables Raises Rs 100 Million From European DFIs

13 Feb 2026 CW Team

The funds will be deployed across project development, construction and working capital to enable a faster rollout of renewable energy assets. Management expects the capital to improve the company's liquidity profile and to enhance its ability to attract further institutional investment. This infusion is presented as a strategic step in the firm's medium term growth plan. Analysts say the support may mitigate execution risks during early stage project delivery.

The transaction reflects continuing investor interest in India's transition to cleaner power amid ongoing policy support for renewable energy. European development finance institutions have been active in the market, providing risk capital and long tenor financing for projects that support sustainable energy objectives.

Observers note that such funding can bridge gaps between early stage development and commercial operations. Capital of this nature is often structured to match project life cycles and reduce refinancing needs.

Radiance Renewables will use the proceeds to pursue identified opportunities while continuing to assess market and regulatory developments further. The company has not disclosed detailed terms beyond the aggregate amount or the identities of the participating institutions. The deal is expected to support near term expansion and to position the company to compete for future project pipelines. The transaction may also catalyse complementary private investment as the sector seeks long term capital.

Radiance Renewables announced that it has secured Rs 100 million in funding from European development finance institutions to accelerate its clean energy expansion in India. The financing is intended to support the company as it scales projects and strengthens its operational capacity across the country. The announcement underscores investor confidence in India's renewable energy market.The funds will be deployed across project development, construction and working capital to enable a faster rollout of renewable energy assets. Management expects the capital to improve the company's liquidity profile and to enhance its ability to attract further institutional investment. This infusion is presented as a strategic step in the firm's medium term growth plan. Analysts say the support may mitigate execution risks during early stage project delivery.The transaction reflects continuing investor interest in India's transition to cleaner power amid ongoing policy support for renewable energy. European development finance institutions have been active in the market, providing risk capital and long tenor financing for projects that support sustainable energy objectives. Observers note that such funding can bridge gaps between early stage development and commercial operations. Capital of this nature is often structured to match project life cycles and reduce refinancing needs.Radiance Renewables will use the proceeds to pursue identified opportunities while continuing to assess market and regulatory developments further. The company has not disclosed detailed terms beyond the aggregate amount or the identities of the participating institutions. The deal is expected to support near term expansion and to position the company to compete for future project pipelines. The transaction may also catalyse complementary private investment as the sector seeks long term capital.

Infrastructure Energy

16 Feb 2026

Jyoti Structures expands manufacturing capacity in Nashik

The announcement Jyoti Structures (JSL) reported steady operational performance in 2025, supported by stable project execution across its power transmission portfolio. The company commissioned galvanisation operations at its second Nashik manufacturing unit, adding 33,000 MT of annual capacity. This increased aggregate tower manufacturing capability at Nashik to approximately 69,000 MT per annum, aimed at improving fabrication accuracy, scheduling control and delivery predictability. JSL also expanded its workforce to over 750 employees, onboarding more than 70 engineers during the year. C..

Infrastructure Energy

16 Feb 2026

TSPL Mega Health Camp Reaches 338 Residents in Mansa

Talwandi Sabo Power (TSPL), Punjab’s largest and North India’s largest private thermal power plant, organised a Mega Health Camp at Village Raipur, Mansa, under its flagship healthcare initiative Project SEHAT. The camp benefitted 338 community members through free consultations and diagnostic services.A team comprising a General Physician, Gynaecologist, Dermatologist and Dentist provided medical advice and treatment. Beneficiaries received free diagnostic tests including BP, HB, blood sugar, malaria, dengue and blood group tests, along with free medicines.The camp was inaugurated by Vill..

Infrastructure Transport

16 Feb 2026

Mumbai Coastal Road Musical Path Plays Jai Ho

Mumbai inaugurated India’s first musical path on the Coastal Road that plays the song Jai Ho for motorists. The civic administration said the installation used Hungarian technology and that the intention was to implement the concept of Sangeet Marg in future projects. A senior official suggested implementing a pilot on the Samruddhi Expressway, which connects Mumbai and Nagpur. City officials described the inauguration as a symbolic demonstration of collaboration between municipal authorities and foreign partners. The inauguration was attended by the Consul General of Hungary Ferenc Jari, f..