Tag: FDRE
INFRASTRUCTURE Ola Electric Powers Into Grid Storage, Signs Axis Energy Pact For 20 GWh

Ola Electric Mobility Ltd is making a major push into the utility-scale energy storage market, signing a memorandum of understanding (MoU) with Axis Energy that envisages the deployment of up to 20 GWh of battery energy storage systems (BESS) by 2032. The agreement marks the first large-scale commercial partnership for Ola Mahashakti, the company’s upcoming […]

CW Bureau · Aug 5, 2026
INFRASTRUCTURE TPREL Commences Work On 800 MW Andhra Renewable Energy Project

Tata Power Renewable Energy Ltd (TPREL), the renewable energy arm of Tata Power, has broken ground on an 800 MW renewable energy project in Andhra Pradesh, strengthening its clean energy portfolio while supporting India’s target of achieving 500 GW of non-fossil fuel capacity by 2030. The project, being developed under the Andhra Pradesh Integrated Clean […]

CW Bureau · Jul 30, 2026
INFRASTRUCTURE ACME Solar Secures ₹3,405 Cr PFC Funding For 250 MW FDRE Project

ACME Solar Holdings Ltd has secured long-term project financing of ₹3,404.57 crore from Power Finance Corporation Ltd (PFC) for its 250 MW Firm and Dispatchable Renewable Energy (FDRE) project being developed by ACME Urja One Pvt Ltd (Phase-III). PFC will be the sole lender for the project, with the loan carrying a repayment tenor of […]

CW Bureau · Jul 29, 2026