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Bhilwara Energy to Acquire 76 MW Phata Byung Hydropower Project in Uttarakhand

Bhilwara Energy has signed an agreement to acquire a 100 percent stake in the 76 MW Phata Byung Hydroelectric Project in Uttarakhand, expanding its total hydro capacity to 375 MW and reinforcing its long-term commitment to building reliable, sustainable and indigenous renewable energy assets in support of India’s clean energy transition.

Fernando De Lapuerta | December 26, 2025 | By News Bureau | 808

Serentica to Acquire Indian Solar Business from Statkraft

Statkraft’s acquisition by Serentica will grow the latter’s operating portfolio to 1.5 GW keeping the company on course to achieve its target of 17 GW by 2030. The completion of the transaction is subject to the fulfilment of conditions precedent and necessary regulatory approvals, if any.

Fernando De Lapuerta | September 15, 2025 | By News Bureau | 1124

LNJ Bhilwara Acquires Statkraft’s 49 Percent Stake in Malana Power Company

LNJ Bhilwara Group has acquired Statkraft’s 49 percent stake in Malana Power Company, becoming the company's sole owner. Its portfolio includes the 86 MW Malana hydropower plant and 192 MW Allain Duhangan hydropower plants in Himachal Pradesh.

Fernando De Lapuerta | September 10, 2025 | By Mrinmoy Dey | 2176