TAG: "special purpose vehicles"

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Chemplast Sanmar to Acquire Stake in JSW Green Energy Nine for Captive Renewable Power

Chemplast Sanmar and its subsidiary CCVL will acquire stakes in JSW Green Energy Nine to secure wind and solar power under the Group Captive Power Scheme. This move ensures long-term green energy supply, reducing costs and carbon footprint.

Special Purpose Vehicles | March 03, 2025 | By EI News Network | 186

Sterlite Power Commissions 400kv D/C Nangalbibra Bongaigaon Transmission Line

Sterlite Power announced the successful commissioning of the Nangalbibra - Bongaigaon transmission (400kv D/C) line, an Inter-State Transmission System (ISTS) project.

Special Purpose Vehicles | February 18, 2025 | By News Bureau | 452

Adani Green Energy Incorporates SPV for RE Projects

Adani Green Energy Ltd. (AGEL) has established a new SPV, Adani Green Energy Sixty Nine Ltd. (AGE69L), to focus on renewable energy operations as a step-down subsidiary.

Special Purpose Vehicles | December 16, 2024 | By Mrinmoy Dey | 664

Sterlite Power Launches Goa’s First 400 kV GIS Substation

Sterlite Power has successfully completed the Goa-Tamnar Transmission Project, implemented through its Special Purpose Vehicle, Goa-Tamnar Transmission Project Limited (GTTPL).

Special Purpose Vehicles | November 20, 2024 | By News Bureau | 766

Tata Power Acquires Paradeep Transmission for INR 18.64 Crore

Tata Power has acquired a 100 percent equity stake in Paradeep Transmission Ltd., a special purpose vehicle established to manage a critical 765 KV transmission project in Odisha under the Eastern Region Expansion Scheme-XXXIV.

Special Purpose Vehicles | November 07, 2024 | By Mrinmoy Dey | 950

Premier Energies Secures 173.35 MWp Solar Module Deal for Barmer Project

Premier Energies has signed a Module Supply Agreement with BN Hybrid Power-1 Private Ltd., a special purpose vehicle of BrightNight India. to deliver 173.35 MWp of Topcon solar modules for a 300 MW renewable energy project in Barmer, Rajasthan. The supply will commence in July 2025.

Special Purpose Vehicles | October 10, 2024 | By EI News Network | 922

Dalmia Bharat Acquires 26 Percent Stake in Solsolis to Boost RE

Dalmia Bharat Ltd.'s subsidiary Dalmia Cement (Bharat) Ltd. has acquired a 26 percent stake in Solsolis Solar Energy Solutions for INR 3.02 crore, targeting 11.2 MW solar capacity in Odisha, reinforcing its commitment to renewable energy and sustainability goals.

Special Purpose Vehicles | September 20, 2024 | By EI News Network | 973

RECPDCL Hands Over Rajasthan IV-A Power Transmission to Apraava Energy

Apraava Energy Pvt. Ltd. (AEPL) emerged as the Transmission Service Provider (TSP) through the Tariff-based Competitive Bidding (TBCB) process conducted by REC Power Development and Consultancy Ltd. (RECPDCL). The project will facilitate the evacuation of power from Rajasthan Renewable Energy Zone Ph-IV.

Special Purpose Vehicles | August 23, 2024 | By News Bureau | 747

BluPine Energy Signs PPA with Dalmia Cements for 46.8 MW Solar Project in Karnataka

This venture aims to generate approximately 93 million units of power annually and reduce over 85,000 tonnes of CO2 emissions each year.

Special Purpose Vehicles | June 12, 2024 | By Abha Rustagi | 1748

NACOF Oorja Launches Special Purpose Vehicle to Promote Sustainable Farming

The SPV is set to act as NACOF Oorja’s agricultural mobility wing, catering to the Indian farming community by offering battery-operated equipment and vehicles.

Special Purpose Vehicles | May 01, 2024 | By News Bureau | 1294