Talen Energy Forms JV with Pattern Energy to Grow Renewables Infrastructure Portfolio Updated On Wed, Apr 14th, 2021 by Saurenergy Talen Energy Corporation (“Talen”) announced today that it has entered into a joint venture with Pattern Energy Group LP (“Pattern Energy”) named “PT Energy Transitions” to pursue the development, financing, construction and operation of approximately 1.4 Gigawatts of utility scale renewable energy projects over the next five years. PT Energy Transitions will benefit from the collective strengths of its […] Read more
IndiGrid Completes India’s Largest Transmission Asset Acquisition Updated On Sat, Mar 27th, 2021 by Saurenergy IndiGrid has announced that it has completed the largest transmission project deal by acquiring NER-II Transmission from Sterlite Power. India Grid Trust (IndiGrid), India’s first and the largest power sector infrastructure investment trust (InvIT), has announced that it has completed the largest transmission project deal by acquiring NER-II Transmission Limited (NER-II) from Sterlite Power at […] Read more
IndiGrid to Acquire North Eastern Transmission Project ‘NER-II’ From Sterlite Updated On Mon, Mar 8th, 2021 by Saurenergy IndiGrid has signed documents for the acquisition of a 100 percent equity stake in NER II Transmission from Sterlite Grid for Rs 4,625 crore. IndiGrid has announced that it has signed binding documents for the acquisition of a 100 percent equity stake in NER II Transmission from Sterlite Grid for no more than Rs 4,625 crore. The sale of […] Read more
Sterlite Power elevates Manish Agarwal as CEO of Infrastructure & Solutions Business Updated On Thu, Feb 25th, 2021 by Saurenergy Sterlite Power, a leading global developer of power transmission, today announced the elevation of Manish Agarwal as CEO of the Infrastructure business, in addition to his existing role as CEO for the Solutions Business. Manish has been associated with the Sterlite Group for 22 years and has held various leadership positions across the organization. Prior […] Read more
POWERGRID Wins 2 Transmission Projects in Rajasthan Solar Energy Zone Updated On Thu, Feb 18th, 2021 by Saurenergy POWERGRID to establish two transmission projects for the evacuation of power from the Solar Energy Zones (SEZ) in Rajasthan. POWERGRID, Power Grid Corporation of India (PGCIL), has announced that it has been declared as the successful bidder under Tariff Based Competitive Bidding (TBCB) to establish two transmission projects on a build, own operate and maintain […] Read more
Kalpataru Transmission and Subsidiary Bag Orders Worth Rs 1598 Crore Updated On Thu, Dec 31st, 2020 by Saurenergy Kalpataru Power Transmission has announced that it has secured new orders/notification of award of about Rs 900 crore. Kalpataru Power Transmission (KPTL), a leading EPC player in the power and infrastructure contracting sector, has announced that it has secured new orders / notification of award of about Rs 900 crore. The firm has also reported […] Read more
AMP Capital Joins Sterlite Power To Establish Transmission Platform Updated On Tue, Dec 29th, 2020 by Saurenergy The two firms will invest USD 150 Million each in the development of four transmission projects Global investment manager AMP Capital has established a 50/50 partnership with Sterlite Power Transmission Limited (Sterlite Power) for the development of energy transmission projects in India. This marks the first investment in India for AMP Capital’s global infrastructure equity […] Read more
KPTL Bags Transmission and Distribution Projects With Rs 1300 Cr Updated On Thu, Dec 17th, 2020 by Saurenergy KPTL has received orders worth Rs 1,300 crore from India and the overseas market in the power transmission and distribution (T and D) space. Engineering, Procurement and Construction (EPC) company Kalpataru Power Transmission Limited (KPTL) has announced that it has received orders worth Rs 1,300 crore from India and the overseas market in the power transmission and distribution (T […] Read more
Increasing Stakes in Intrastate Transmission Will Drive RE Growth in India: IEEFA Updated On Wed, Dec 16th, 2020 by Saurenergy IEEFA recommends increasing competition in the intrastate transmission sector to speed up the deployment of renewable energy in India A new IEEFA report recommends increasing competition in the development of intrastate transmission infrastructure, to speed up the deployment of renewable energy in India. “As the share of increasingly low cost but variable renewable energy grows, development […] Read more