SJVN Green Energy secures Rs 14 bn wind project for 200 MW capacity

SGEL seeks bids for 400 MW MSEDCL solar projects Maharashtra

SJVN Green Energy (SGEL) had announced the invitation for online bids via an open tender for the 400 MW MSEDCL solar project across Maharashtra. It was mentioned that these bids were to be invited following a single-stage two-envelope format. The first envelope, Envelope-I, was designated for the techno-commercial bid, while the second envelope, Envelope-II, was for the price bid.

The SGEL project was planned to be executed with a reverse auction for the balance of system (BoS) package, which would include power evacuation. Additionally, it would entail a three-year comprehensive opera..

IIFCL has sanctioned over 760 projects of about Rs 13.8 trillion

What are the top three sectors in IIFCL’s loan portfolio mix?
So far, IIFCL has sanctioned more than 760 projects with a total project outlay of ~Rs.13.8 trillion, the majority of which are PPP projects. As on 31 March 2024, IIFCL’s total sanctions and disbursements on a cumulative basis exceed Rs.2.5 trillion and Rs.1.25 trillion, respectively. The outstanding loan book stands at over Rs.500 billion as on 31 March 2024.

IIFCL provides finance to all subsectors in the harmonised infrastructure sector list, like power, ports, roads, airp..

HARTEK bags Rs.1.13 billion order from SJVN Green

Hartek Power has won an order from SJVN Green Energy. The project entails the development, implementation and maintenance of a 75 MW (AC) grid-connected solar PV power plant, along with a 132 kV sub-station in Jamui, Bihar. The scope is considered to include all equipment, materials and services necessary for the satisfactory operation of the solar project. Hartek Power will supply a 132 kV sub-station. The project, valued at Rs.1.13 billion, is a significant stride towards bolstering the renewable energy landscape in the region. The company has consistently demonstrated its capabilities in..

Adani Energy Acquires Essar's Transmission Assets

Adani Energy has finalised the acquisition of Essar's Mahan and Sipat transmission assets for a sum of Rs 1900 crore. This significant move underscores Adani's strategic expansion within the energy sector and consolidates its position as a key player in India's power transmission domain.

The acquisition of Essar's transmission assets represents a strategic investment for Adani Energy, enabling the company to augment its infrastructure and bolster its transmission network. With the addition of these assets, Adani strengthens its operational footprint, enhancing its capacity to deliver r..

IEX Q4 Net Profit Grows 9.5%

The Indian Energy Exchange (IEX) has reported a significant uptick in its net profit for the fourth quarter, marking a notable growth of 9.5%. This financial performance underscores the resilience and strength of the company's business model in navigating through dynamic market conditions within the energy sector.

The impressive growth in net profit reflects IEX's robust operational performance and effective strategic initiatives aimed at enhancing efficiency and driving sustainable value creation. As a leading power trading platform in India, IEX plays a pivotal role in facilitating t..