Power Grid to Separate telecom business in order to enter the data center market

Power Grid Corporation of India Ltd is spinning off its telecom vertical into a new wholly-owned subsidiary, Powergrid Teleservices Ltd, to attain a more “focused approach” and progress up the value chain, senior firm officers mentioned. When the telecom sector is ramping up its 5G service across the nation to facilitate enterprise transformation that may […]

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Amazon & Vibrant Energy Agree to a 300 MW PPA in India

Amazon and Vibrant Energy, a subsidiary of Macquarie Group’s Green Investment Group (GIG), have announced a partnership in which they have signed 300MW worth of wind and solar power purchase agreements (PPAs) in India. The two wind and solar hybrid projects will be located in the states of Madhya Pradesh and Karnataka and would have […]