ReNew Power to Invest Rs 220 Bn in Andhra Pradesh Green Project
ReNew Power has announced its plan to invest Rs 220 billion in setting up India’s largest renewable energy complex in Andhra Pradesh, marking its return to the state after a five-year hiatus. The company revealed that the project would include a solar energy plant with a capacity of 1,800 megawatts, a 1,000 MW wind energy facility, and a two-gigawatt-hour battery energy storage system (BESS), which would be developed in two phases.The first phase of the project is expected to comprise 587 MW of solar power, 250.8 MW of wind energy, and a 415 MWh BESS. The remaining capacity is planned for de..
Lakhanpur in Odisha to Get 10 MW Solar Plant by APM Projects
APM Projects has been awarded a contract by the Central Mine Planning and Design Institute (CMPDI) for the development of a 10 MW grid-connected solar power plant in Lakhanpur, Odisha. The project, with an estimated value of approximately Rs 487.33 million, reflects India’s continued focus on advancing sustainable energy solutions.The solar power facility will cover an area of 15 hectares in Kirarama village, located in Jharsuguda district, and is aimed at strengthening the energy infrastructure supporting the Mahanadi Coalfields region. Under the agreement, APM Projects will be responsible ..
CCI Clears Knowledge Realty REIT's Acquisition of Blackstone, Sattva Units
The Competition Commission of India has approved the acquisition by Knowledge Realty Trust of various entities linked to the Blackstone Group and/or Sattva Group.The proposed transaction involves the direct and indirect acquisition by Knowledge Realty Trust—acting through its manager, Knowledge Realty Office Management Services Private Limited (formerly Trinity Office Management Services Private Limited)—of a number of target entities. These include companies solely owned by Blackstone, others by Sattva, and some jointly held by both groups. In exchange for this acquisition, the existing s..
Latest Updates
