16 December 2025
16 December 2025
The US photovoltaic portfolio in the transaction consists of four solar plants.
The all-cash deal is valued at $3.3bn and is anticipated to close in Q1 2026.
This contract builds on the company’s earlier role in the project.
The project fully aligns with Kenya’s Least Cost Power Development Plan.
The bilateral agreement will focus on resilience, grid modernisation, and civil nuclear capabilities as they negotiate a “123 agreement” for future reactor projects.
NHPC and its joint ventures are developing eight hydroelectric projects with a combined capacity of 8514MW across Arunachal Pradesh, Sikkim and Jammu and Kashmir, with commissioning scheduled between 2026 and 2032, the government informed Parliament.
The all-cash deal is valued at $3.3bn and is anticipated to close in Q1 2026.
This contract builds on the company’s earlier role in the project.
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