JV

France’s TotalEnergies Partners with Brazil’s Casa dos Ventos

Leading energy firm based in France, TotalEnergies (TTE) has joined hands with Casa dos Ventos (CDV)- Brazil’s renewable energy developer. The two will unite towards the creation of a 34% (TTE), 66% (CDV) JV for the development and operation of the renewable portfolio of Casa Dos Ventos. The renewable energy portfolio entails 700 MW of […]

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NTPC Increases Solar Output, Installs 69.5 GW Capacity

With the commissioning of the 56 MW Kawas Solar PV Project at NTPC Kawas, Gujarat, on August 15, 2022, NTPC Limited reached 69454 MW (69.5 GW Capacity) of group installed and commercial capacity. By installing renewable energy projects in its current stations as well as constructing new green field RE projects, NTPC is constantly reducing […]

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Indian Oil, NTPC Form JV For 650 MW RE

India’s largest power producer state owned NTPC and Indian Oil Corporation Limited have formally inked a joint venture company recently, mandating the former to produce round-the-clock 650 MW renewable energy required by the upcoming projects of the refineries in Indian Oil. Released by the companies, a statement reads that the JV was necessitated by a […]

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MSEDCL To Set Up 2,375 EV Charging Stations in Maharashtra By 2025

In the midst of rising electric vehicle adoption, Maharashtra State Electricity Distribution Company Limited (MSEDCL) has announced the setting up of 2,375 EV charging stations across the state of Maharashtra by 2025. Of the 500 EV charging stations proposed in 2018, 13 have been built across the state. Currently, work is in progress in 49 […]

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Under Pressure Honda Signs JV With Sony To Sell EVs By 2025

Japanese Consumer durable, Sony has signed an agreement with automobile major Honda Motor on June 16 to equally own a joint venture that will start selling electric cars in 2025. Both the companies will invest 5 billion yen ($37.52 million) each in the JV, first announced in March this year and named Sony Honda Mobility. […]

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Jio-bp, MG Motor and Castrol collaborate to boost EV charging infrastructure

In a major development that will provide a boost to the electric vehicle adoption and mobility in India, MG Motor India and Castrol India have signed an agreement to collaborate with Jio-bp to expand charging stations for electric cars. The official statement by the players said that Jio-bp, MG Motor and Castrol will explore setting […]

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Renew Power Ends Search For Storage Partner In JV With Fluence

Fluence and ReNew power are set to set up local joint venture to boost energy storage sector in India – The new company will provide energy storage solutions to a diversified customer base in the Indian energy market, powered by Fluence’s global experience and ReNew’s pioneering role in the sector. The JV’s first customer will […]

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EKI Energy Services Expands Ambition, Scale with JV with Shell, Office In Dubai

As companies get more aware about carbon goal setting, relevance of carbon credits too, appears to be gaining traction. That means an expanding opportunity for EKI Energy Services, a firm that is focused on the carbon credits and trading market. The Manish Dabkara led EKI Energy Services Limited and Shell Oversea Investments BV’s have announced […]

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POWERGRID Takes Remaining 74% Stake in Jaypee Powergrid Limited JV

POWERGRID has signed an agreement with JPVL to acquire 74% stake in Jaypee Powergrid Limited-JV in which POWERGRID already holds 26% equity. Power Grid Corporation of India Limited (POWERGRID), a Maharatna PSE under the Ministry of Power, Government of  India has announced that it has signed a Share Purchase Agreement with Jaiprakash Power Ventures Limited […]

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