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AES CORPORATION
JioStar losses weigh less on Disney as India JV performance improvesWalt Disney Company's stake in its India joint venture with Reliance Industries JioStar shows reduced losses. The March 2026 quarter saw a ...
Oracle appoints new CFO with $950,000 pay package less than a week after laying off 30,000 employeesOracle, which is facing criticism as it laid of around 30,000 employees, has hired its new chief financial officer, Hilary Maxson. In a reg...
Odisha likely to shelve plan to divest 49% stake in GencoOdisha govt had announced plans in January to sell 49% stake. But the sale process had generated poor response since potential applicants w...
Adani Power terminates pact to buy 49 pc stake in Odisha Power Gen CorpIn June this year, Adani Power had announced inking a share sale and purchase agreement (SSPA) to acquire from AES OPGC Holding and AES Ind...
CCI approves acquisition of AES's 49% stake in OPGC by OHPCState-owned OHPC had sought the CCI’s nod to acquire the stake from US-based AES Corporation for $135 million (about Rs 1,000 crore) last m...
Adani Power to acquire 49% stake in Odisha Power for Rs 1,019 croreThe OPGC operates 1,740 MW thermal power plant at Banharpalli in Jharsuguda district, Odisha.
Policy on energy storage will help bring in investments: AES ExecutivesWhere we have seen energy storage is most successful, is where you do have a government policy. Eventually, a lot of production has to be l...
Panasonic, US-based AES to install energy storage project in HaryanaPanasonic along with US-based sustainable energy provider AES would install a joint project of 10 MW energy storage array at Jhajjar, Harya...
Tata Power concludes acquisition of 39.2 MW Wind farm in GujaratTata Power Company today said it has completed the acquisition of US-based AES Corporation’s arm AES Saurashtra Windfarms.
Tata Power Renewable Energy acquires AES Saurashtra Windfarms Private LtdTata Power Renewable Energy, an arm of Tata Power, today announced the acquisition of AES Saurashtra Windfarms Private Ltd, Tata Power said.
Tata Power Buys AES’ Gujarat wind farm AES SaurashtraTata Power, the Tata group’s power utility, said it has acquired AES Saurashtra Windfarms from the US-based AES Corporation.
Tata Power in pact to buy US-based AES Corp's 39.2 mw-India wind farmTata Power was selected as the preferred bidder in a process conducted by AES Corporation for sale of its 100% stake in ASW.
- Odisha Power Generation Corporation signs contract with BHEL
After signing the contract, the OPGC MD said BHEL won the international competitive bidding for the job by quoting Rs 4,051 cr.
- OPGC's Unit-1 breaks it's own record of uninterrupted running days
Unit-1 of Odisha Power Generation Corporation's IB Thermal Power Station has achieved a record by running uninterruptedly for 95 days.
- Suzlon Energy wins 20.5MW order in Britain
Suzlon Energy said its German subsidiary REpower has signed a deal with British company to supply ten 2.05MW turbines for its Sixpenny Wood...
- OPGC in the eye of storm for violation of CEA guidelines
OPGC, the joint venture company of the state government and US Power utility, AES Corporation, is once again in the eye of storm.
- US power major, AES Corporation to invest in Bihar
Bringing good news to power crisis-plagued Bihar, US energy major AES Corporation has evinced interest in setting up a thermal power plant ...
- OPGC to begin work on 1320 MW Orissa power plant in June 2011
Orissa government and US Power utility, AES Corporation have decided to go ahead with third and fourth units at Ib Valley near Banaharpal i...
- OPGC set to go for a brownfield expansion of 1,200 MW
The Orissa Power Generation Corporation announced plans for a brownfield expansion of 1,200 MW, in addition to its existing 420 MW of power...
- Power brakes on AES plan
This is one of the big-gest investments in the Indian power sector by an MNC in recent times but is yet to pass muster with the government.