TAG: "Special Purpose Vehicle "
News
Resonia Acquires 100 Percent Stake in Balsane Power Transmission
Resonia’s Maharashtra project will establish a 765/400/220 kV substation and enable 3 GW of power evacuation across Dhule and Nashik.
Special Purpose Vehicle | October 07, 2026 | By News Bureau | 301
Apraava Energy Acquires Raigad Power Transmission SPV in Maharashtra
Apraava Energy’s Raigad Power Transmission project will develop around 400 ckm of transmission lines across Pune and Raigad districts, along with a 4,500 MVA pooling station.
Special Purpose Vehicle | September 29, 2026 | By News Bureau | 1085
Adani Energy Solutions Wins INR 4,700 Crore Transmission Project to Boost Renewable Power Evacuation
Adani Energy Solutions has secured a major transmission project in Maharashtra to strengthen renewable power evacuation from Karnataka and support the region’s growing pumped storage ecosystem.
Special Purpose Vehicle | August 26, 2026 | By News Bureau | 1226
Serentica Renewables Signs PPA with Sanathan Polycot for 32 MW Hybrid Clean Energy Supply
Serentica Renewables signs a PPA with Sanathan Polycot to supply 32 MW hybrid renewable energy via an SPV, enabling reliable, cost-efficient power and supporting the textile firm’s sustainability goals.
Special Purpose Vehicle | April 01, 2026 | By News Bureau | 882
Kundan Green Energy and Havells India Launch 21.43 MW Solar Captive Project
Havells’ partnership with Kundan Green Energy marks a significant step in its efforts to secure clean and cost-efficient power for its manufacturing operations. The companies will jointly invest INR 72.5 crore in phases to develop the 21.43 MW DC/15 MW AC captive solar project in Rajasthan, which is expected to be completed by May 31, 2026.
Special Purpose Vehicle | December 05, 2025 | By News Bureau | 1489
Torrent Pharma to Acquire 26 Percent Stake in Captive Hybrid Power Project in Gujarat
Torrent Pharmaceuticals will invest INR 7.92 crore for a 26 percent stake in Torrent Urja 27 Pvt. Ltd., developing a captive solar-wind hybrid project in Gujarat to enhance renewable energy usage.
Special Purpose Vehicle | September 11, 2025 | By EI News Network | 1795
H.G. Infra Enters Battery Storage Sector with New Subsidiary
H.G. Infra Engineering Ltd. has incorporated H.G. Gujarat Bess Pvt. Ltd., a wholly owned subsidiary and Special Purpose Vehicle (SPV) to enter the battery energy storage sector, aligning with India's renewable energy goals and grid stability initiatives.
Special Purpose Vehicle | February 06, 2025 | By EI News Network | 3721
Indus Towers to Acquire 26 Percent Stake in Amplus Tungabhadra for Captive Solar Power
Indus Towers acquired a 26 percent stake in Amplus Tungabhadra for a 50 MW captive solar power, ensuring regulatory compliance under the Electricity Act, 2003. The INR 27 crore investment supports Net Zero goals, reducing reliance on conventional energy and enhancing sustainability.
Special Purpose Vehicle | February 04, 2025 | By EI News Network | 1789
MNRE Blacklists Solar Firm Over Unfinished Solar Park and Misuse of Funds
MNRE has blacklisted a renewable energy firm for failing to develop a 500 MW solar park in Maharashtra, despite receiving INR 4.10 crore in CFA. The company refunded INR 2.17 crore but must repay the remaining amount with interest.
Special Purpose Vehicle | January 07, 2025 | By EI News Network | 8538
Bharti Airtel to Acquire 26 Percent Stake in AMP Energy Green Three
Bharti Airtel acquired a 26 percent stake in AMP Energy Green Three for INR 37.89 crore to secure renewable energy from a 50 MW hybrid plant in Rajasthan. The move aligns with captive power regulations and supports Airtel’s green energy goals.
Special Purpose Vehicle | January 03, 2025 | By EI News Network | 1901
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Vipin Malhotra
Business Head
GPI Targets 45 CBG Projects in Three Years, Says GPI Business Head Vipin Malhotra
Ishver Dholakiya
Founder and MD
India’s Domestic Solar Cell Base to Mature by 2028–29: Ishver Dholakiya, Goldi Solar
Manasvi Sharma
CEO
EVERTA’s Manasvi Sharma Says Uptime, Utilisation Matter More Than Charger Deployment Numbers
Tarun Singh, Country Head - India
and Ann Moore, Power & Utilities Industry Principal
India’s Grid Needs to Become More Intelligent and Responsive: AVEVA
Pavit Gandhi
Executive Vice President - Sales
India Needs Grid-Forming Inverters to Integrate More Solar, Wind