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Power-Generation Sector News & Updates - July 3, 2024



Tata Power to invest Rs 70,000 crore in Tamil Nadu
Power Generation   -  Jan 08,2024
Tata Power Company is set to invest Rs 70,000 crore over five to seven years in a massive 10 GW solar and wind project in Tamil Nadu. This significant investment, if realized, would mark the largest s .


Tata Electronics likely to sign deal worth over Rs 12,000 crore with Tamil Nadu govt
Power Generation   -  Jan 08,2024
Tata Electronics is poised to sign a Rs 12,082 crore agreement with the Tamil Nadu government at the Global Investors Summit. The investment includes a reported Rs 7,000 crore for expanding its Hosur .


Gensol Engineering Ltd secures Rs 138.72 crore solar power project
Power Generation   -  Jan 04,2024
Gensol Engineering Limited secured a Rs 138.72 crore contract from Sardar Energy & Minerals for a 33 MW AC solar power project. The comprehensive scope includes design, engineering, procurement, const .


PFC inks MoU with Gujarat govt for power projects worth Rs 25,000 crore
Power Generation   -  Jan 03,2024
Power Finance Corporation Ltd. (PFC) signed an MoU with the Government of Gujarat to provide Rs. 25,000 Crore for comprehensive financial support to the state's power generation, transmission, an .


Waaree to raise $361 million via IPO to fund Solar Module facility
Power Generation   -  Jan 02,2024
Solar panel manufacturer Waaree Energies has filed for an initial public offering (IPO) to raise $361 million, capitalizing on market opportunities. The IPO comprises the sale of 3.2 million shares, i .


SJVN bags approval to form JVs for 8778 MW projects
Power Generation   -  Jan 02,2024
SJVN Ltd has received approval from the finance ministry to establish four joint venture firms for hydro and renewable projects in India and Nepal, totaling 8,778 MW capacity. SJVN will lead three joi .


Power Grid Corp secures transmission project from Rajasthan government
Power Generation   -  Jan 02,2024
Power Grid Corporation has secured a project for inter-state power transmission to evacuate power from a 20 GW renewable energy zone in Rajasthan. The project involves establishing two 765kV D/C trans .


Dev Labtech seeks approval for 1300 KV solar project
Power Generation   -  Jan 02,2024
Dev Labtech Venture Limited, known for lab-grown diamonds, has proposed a 1300 KV solar power project in Gujarat, seeking approval from the Gujarat Energy Development Agency (GEDA). The project aims t .


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