India’s leading source for power sector news and analysis.

Tata Power-led Odisha discoms have launched a one-kilowatt rooftop solar scheme under the Utility-Led Aggregation (ULA) Model of the PM Surya Ghar Muft Bijli Yojana. The scheme enables households to adopt rooftop solar at a reduced upfront cost of Rs 5,000 against the standard Rs 65,000-Rs 75,000. Central and state subsidies of Rs 30,000 and Rs 25,000 respectively will cover most of the cost. Discoms will provide the net meter, while consumers will pay for...

Finland has brought online a 1 MW/100 MWh sand battery developed by Polar Night Energy in Pornainen. Commissioned by district heating firm Loviisan Lämpö in June, it now serves as the main source for the local heating network. The system, built with 2,000 tons of crushed soapstone, is 13 meters high and 15 meters wide. It provides 1 MW of thermal power and 100 MWh of storage, replacing the area’s woodchip plant over the summer...

Adani Green Energy Limited (AGEL) has announced the commissioning of an additional 125 MW solar power project at Khavda, Gujarat through its subsidiary Adani Renewable Energy Fifty Six Limited. With this addition, AGEL’s total operational renewable energy capacity has reached 15,990.5 MW. The company said the project was operationalised on September 1, 2025, following the receipt of necessary clearances. The development was communicated in a regulatory filing to the BSE Limited and the National Stock...

NTPC Green Energy Limited (NGEL) has announced that 25 MW of solar capacity from a 150 MW project at Bhuj, Gujarat, has been declared commercially operational.  The project is developed by Ayana Renewable Power Four Private Limited, a subsidiary of Ayana Renewable Power Private Limited, which is wholly owned by ONGC NTPC Green Private Limited, a joint venture of ONGC and NTPC. The company said the capacity will come into commercial operation with effect from...

State Bank of India (SBI) has signed a €100 million Line of Credit agreement with Agence Française de Développement (AFD) at its GIFT City branch on August 30, 2025. The financing will support green projects in the country. According to SBI, the funds will be directed toward climate mitigation activities aimed at reducing greenhouse gas emissions and adaptation measures to limit the impact of climate change. The bank said the partnership will contribute to India’s...

SCC Infrastructure Private Limited and InSolare Energy Limited have won Solar Energy Corporation of India’s (SECI) green ammonia auction under the Strategic Interventions for Green Hydrogen Transition Programme (Mode-2A-Tranche-I).  The companies will deliver 15,000 tonnes per annum (TPA) of green ammonia to Mangalore Chemicals and Fertilisers in Karnataka at a tariff of Rs 57.65 per kg. This auction marks the twelfth in SECI’s series of 13 tenders for green ammonia procurement. Together, the tenders aim...

Power Finance Corporation Limited (PFC) has signed a loan agreement worth about Rs 32 billion with the Japan Bank for International Cooperation (JBIC) to fund a bamboo-based bio ethanol and chemicals project in Assam.  The financing will support Assam Bio Ethanol Private Limited’s second-generation plant, which will use bamboo as feedstock to produce bioethanol and chemicals. The agreement was signed under JBIC’s Global Action for Reconciling Economic Growth and Environmental Preservation (GREEN) initiative. The loan...

Reliance Industries Limited (RIL) announced that its New Energy business is advancing with the construction of the Dhirubhai Ambani Giga Energy Complex in Jamnagar. The project is planned as the world’s largest integrated ecosystem for solar, batteries, and green fuels. Executive Director Anant Ambani told shareholders at the company’s 48th Annual General Meeting (AGM) that the ecosystem would cover the entire value chain from raw materials to renewable electricity and green molecules. The Jamnagar complex...

Serentica Renewables will set up one of India’s largest battery energy storage system (BESS) projects in Rajasthan through a partnership with Shanghai Gotion Digital Energy Tech Co. The 50 megawatt (MW) / 200.6 megawatt hour (MWh) facility will be located in Bikaner and is scheduled to be commissioned by the end of 2025. This marks Serentica’s first venture into BESS. Akshay Hiranandani, CEO of Serentica Renewables, said the project is a major step for India’s...

ABB India Limited has received an order valued at Rs 173.55 crore from Siemens Gamesa Renewable Power Private Limited, Chennai.   The contract covers the manufacture and supply of 3.X wind turbine converters and electrical cabinets. Production will take place at ABB India’s Nelamangala facility in Karnataka, with deliveries scheduled monthly between January 2026 and December 2026. ABB reported a 20.7 per cent decline in net profit to Rs 351.7 crore for Q1 FY26, even as...

Hitachi Energy India Ltd has announced an investment of Rs 300 crore to expand its insulation and components manufacturing facility in Mysuru, Karnataka. The project will double the site’s capacity to produce transformer-grade pressboard and laminated board and is scheduled for completion by mid-2027. The expansion includes replacing the existing fossil fuel boiler to make the Mysuru plant fully reliant on fossil-free process heat and electricity. According to the company, this will make the site...

Premier Energies announced that its subsidiaries have secured orders worth Rs 2,703 crore for the supply of solar photovoltaic (PV) modules and cells. The contracts, placed by both new and existing customers, cover an aggregate capacity of 2,059 MW and will be executed during FY 2026 and FY 2027. The company informed exchanges that the orders were received by Premier Energies Photovoltaic Private Limited, Premier Energies Global Environment Private Limited, and Premier Energies International Private...

NLC India Limited has commissioned 52.83 MW of its 300 MW solar power project at Barsingsar in Bikaner district, Rajasthan. The company received the commissioning certificate from Rajasthan Renewable Energy Corporation Limited on 26 August 2025. For the quarter ending June 2025, NLC India reported consolidated revenue of Rs 3,825.61 crore, compared with Rs 3,836.00 crore in the previous quarter. Net profit for the period stood at Rs 839.15 crore, up from Rs 468.36 crore...

Meenakshi Energy Limited (MEL), a subsidiary of Vedanta, has announced the full operationalisation of its 1,000 MW thermal power project in Tirupati, Andhra Pradesh. The commissioning was completed within two years of Vedanta’s acquisition of the asset through the insolvency process. The plant comprises two 350 MW units and two 150 MW units. The 150 MW units were stabilised earlier this year, followed by the commissioning of the 350 MW units in August 2025. According...

Sunsure Energy has signed a 15-year battery energy discharge purchase agreement with NTPC Vidyut Vyapar Nigam Limited (NVVN) for a capacity of 125 MW/500 MWh. Under the arrangement, the company will establish a standalone battery energy storage system (BESS) at the Garautha substation in Jhansi, Uttar Pradesh, on a build, own, operate basis. The agreement marks Sunsure’s first long-term power supply contract through a BESS. Power will be supplied to NVVN, with Uttar Pradesh Power...

Adani Power Limited has received a Letter of Award (LoA) from MP Power Management Company Limited (MPPMCL) to supply power from a proposed 800 MW ultra-supercritical thermal project in Anuppur district, Madhya Pradesh.  The company disclosed the development to stock exchanges on August 29, 2025, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The project will be developed on a Design, Build, Finance, Own, and Operate (DBFOO) model. Coal supply...