Energy

Actis‑backed BluPine Energy wins “ESG Investment Initiative of the Year – Asia” at Sustainable Investment Awards 2025
01 Jul

Actis‑backed BluPine Energy wins “ESG Investment Initiative of the Year – Asia” at Sustainable Investment Awards 2025

MediaCatalystEnergy
Mumbai : BluPine Energy Private Limited (henceforth BluPine Energy), an Actis-backed leading renewable energy platform, has been recognised as the ESG Investment Initiative of the Year – Asia at the Environmental Finance Sustainable Investment Awards 2025 for the second consecutive year. The recognition underscores BluPine’s strong commitment to sustainability, inclusive community development, and its pivotal role in advancing India’s clean energy transition. The award celebrates BluPine’s differentiated, ESG-first growth strategy—driven by strategic acquisitions and integrated renewable solutions—as well as its on-ground impact through skill-building, job creation, and sustainability initiatives embedded across its operations. Speaking on the win, Mr. Neerav Nanavaty, CEO, BluPine Energy said,…
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Bharat Petroleum Corporation Limited (BPCL) Partners with India’s First Pan-Disability Cricket Team for Historic England Tour.
20 Jun

Bharat Petroleum Corporation Limited (BPCL) Partners with India’s First Pan-Disability Cricket Team for Historic England Tour.

MediaCatalystEnergy, Sports
Mumbai, June, 2025: Bharat Petroleum Corporation Limited (BPCL), a Fortune Global 500 company, is proud to announce its collaboration with India’s first pan-disability cricket team as they prepare to embark on a landmark tour to England. This pioneering initiative marks a significant step towards fostering inclusivity and diversity in Indian sports. The dynamic team, comprising talented players with physical, hearing, and intellectual disabilities, is set to make history by representing India in their international debut at the Vitality IT20 Mixed Disability Series against England. Under the inspiring leadership of Mumbai’s Ravindra Sante, the team will play seven T20 International matches across renowned…
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BluPine Energy Signs 25-Year PPA with SECI for 150 MW Solar Project in Rajasthan, Pioneers Energy Storage Integration
18 Apr

BluPine Energy Signs 25-Year PPA with SECI for 150 MW Solar Project in Rajasthan, Pioneers Energy Storage Integration

MediaCatalystBusiness, Energy
Mumbai: BluPine Energy has inked a landmark 25-year Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI) for a 150 MW solar power project integrated with an Energy Storage System (ESS) in Rajasthan’s Bikaner district. The agreement marks a significant step toward bolstering India’s clean energy ambitions and enhancing the reliability of renewable power. The project will be developed through BluPine’s Special Purpose Vehicle (SPV), Solarcraft Power India 17 Private Limited, and is part of SECI’s broader plan to procure 2,000 MW of power from Inter-State Transmission System (ISTS)-connected solar projects with 1,000 MW/4,000 MWh energy storage…
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Saatvik Green Energy Powers Maharashtra with Solar Pumps
13 Nov

Saatvik Green Energy Powers Maharashtra with Solar Pumps

MediaCatalystBusiness, Energy
Mumbai: Saatvik Green Energy, a leading solar PV module manufacturer, has taken a significant step towards sustainable agriculture in Maharashtra by securing a contract with the Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL). The company will supply high-efficiency solar submersible pumps to 250 strategic locations across the state. These solar-powered pumps, ranging from 3HP to 7.5HP, are designed to cater to various agricultural needs, including irrigation, drinking water supply, and livestock watering. They are manufactured using 100% stainless steel and equipped with high-efficiency motors and controllers. The pumps have been certified by NABL accredited labs for their performance and quality.…
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IREDA Secures Approval to Raise ₹4500 Crore via Equity Issue, Diluting Government Stake
18 Sep

IREDA Secures Approval to Raise ₹4500 Crore via Equity Issue, Diluting Government Stake

MediaCatalystBusiness, Energy
Mumbai: The Indian Renewable Energy Development Agency Limited (IREDA) announced today that it has received the green light from the Department of Investment and Public Asset Management (DIPAM) to raise approximately ₹4500 crore through a fresh equity issue. This move, based on the recommendations of a High-Level Committee, is set to bolster IREDA's capital reserves, allowing it to significantly expand its financing activities for renewable energy projects across the country. The funds will be raised through the Qualified Institutions Placement (QIP) route, with the Government of India's shareholding in IREDA expected to be diluted by up to 7% on a…
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11 Sep

Union Ministers Inaugurate IREDA Pavilion at Green Hydrogen Conference

MediaCatalystEnergy
Mumbai: Union Minister for New and Renewable Energy, Consumer Affairs, Food and Public Distribution, Shri Pralhad Joshi, along with Union Minister of Petroleum & Natural Gas, Shri Hardeep Singh Puri, today inaugurated the IREDA Pavilion at the "2nd International Conference on Green Hydrogen" at Bharat Mandapam in New Delhi. The inauguration was also attended by Shri Bhupinder Singh Bhalla, Secretary, Ministry of New and Renewable Energy. IREDA's Chairman & Managing Director (CMD), Shri Pradip Kumar Das, welcomed the dignitaries, along with Shri Bijay Kumar Mohanty, Director (Finance), and other senior officials. The IREDA pavilion highlights the organization's crucial contribution in…
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ENGIE Signs PPA for 200 MW Solar PV Project in GUVNL’s 1,125 MW Grid Connected Solar PV Power Projects
29 Jun

ENGIE Signs PPA for 200 MW Solar PV Project in GUVNL’s 1,125 MW Grid Connected Solar PV Power Projects

MediaCatalystBusiness, Energy
ENGIE announces the signing of Power Purchase Agreement (PPA) for a 200 MW Solar Photovoltaic (PV) project. This project is part of Gujarat Urja Vikas Nigam Limited's (GUVNL) larger project encompassing 1,125 MW grid-connected Solar PV power projects, to be established within the Gujarat State Electricity Corporation's Renewable Energy Park situated at Khavda, Gujarat. The bidding process by GUVNL took place on February 2, 2024, with ENGIE securing 200 MW at a competitive tariff of ₹2.62 per unit. GUVNL's project aims to fortify India's renewable energy capacity and promote sustainable development in the region. The 200 MW Solar PV project…
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