Adani Renewable Energy Middle East (AGEL UAE), a wholly-owned subsidiary of Adani Green Energy, has signed a joint venture agreement with Minerva Holding RSC (Minerva), for Minerva Renewables Holding RSC (JVCo) on 08 April 2026.
EPointZero Holding RSC (EPointZero), the energy and infrastructure arm of International Holding Company PJSC (“IHC Group”), the largest listed company of UAE with market capitalization over US$ 230 billion, has entered in a joint venture with Adani Green Energy for development, construction and operation of RE projects, which the JV intends to develop in India. Minerva is wholly owned by EPointZero.
AGEL UAE shall invest in JVCo. for upto 20% interest, as per the joint venture agreement.
In lieu of development rights, Destination Properties was previously entitled to get share of developed area in the project. This arrangement has now been modified, and Destination Properties will be entitled to get 17.69% of the total project revenue.
Antony Waste Handling Cell announced a strategic partnership with Japan-based JFE Engineering Corporation for two (2) Waste to Energy plants in Andhra Pradesh. This marks the first Japanese foreign direct investment (FDI) into India's Waste-to-Energy (WTE) sector and JFE Engineering Corporation's entry into India's waste management market.
As part of the partnership, JFE Engineering will invest approximately ¥750 million to acquire a 25% equity stake in Antony Waste's Waste to-Energy two (2) special purpose vehicle(s) (SPVs), with the remaining 75% held by Antony Waste.
Further, JFE Engineering India will undertake the Engineering, Procurement and Construction of both Waste to Energy plants. The investment is being made specifically into the SPVs developing the Kadapa and Kurnool Waste-to-Energy projects in Andhra Pradesh, reinforcing a project-level partnership structure aligned with long-term execution and value creation.
This investment marks a significant milestone in the India–Japan strategic partnership on sustainable infrastructure, aligned with the broader India–Japan Joint Vision 2025, which targets ¥10 trillion of Japanese investment into India's priority sectors.
Apollo Micro Systems has successfully completed blast trials for Limpet mines. These Limpet Mines are diver carried mines used in Naval Defence.
We are the only Indian Company who has successfully developed this product for Indian Navy. This is a remarkable milestone for the company positioning it to be a provider of complete spectrum of underwater Mines right from Shallow waters, Deep Waters and Limpet Mine Categories building its strengths in underwater Electronic Warfare systems, said the company.
Bharat Heavy Electricals (BHEL) has signed a technology collaboration agreement (TCA) for excitation system for synchronous machines with Korea-based E2S Company.
This TCA would help BHEL to design, engineer, manufacture, install, commission, service, test, retrofit and sale of both static & brushless excitation systems in India and in overseas territories. The TCA would also enable BHEL to maintain its competitive edge and strengthen BHEL's capabilities to cater excitation system business for synchronous machines and contribute to the Government's ‘Make in India' initiative.