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Trom Industries secures Rs 330 mn solar projects from Gujarat Metro Rail and Corona Remedies
Solar EPC firm Trom Industries Ltd has announced solar project contracts valued at Rs 330 million from Gujarat Metro Rail Corporation (GMRC) and Corona Remedies. Trom Industries secured a Rs 207 million work order from GMRC to install and maintain a 5MW grid-connected rooftop solar system across 15 metro stations in Ahmedabad for five years….
L&T raises Rs 5 billion via India’s first ESG bonds, wins USD 50 million contract
Larsen & Toubro (L&T) has raised Rs 5 billion through India’s first environmental, social, and governance (ESG) bonds. The funds were mobilised via non-convertible debentures (NCDs) at a 6.35% coupon rate with a three-year maturity. The bonds were listed on the National Stock Exchange (NSE) and issued under the Securities and Exchange Board of India’s…
MNRE clarifies ALMM exemption for certain government solar projects
The Ministry of New and Renewable Energy (MNRE) has issued a clarification on the applicability of the Approved List of Models and Manufacturers (ALMM) for government solar projects. In its memorandum dated August 12, 2025, the ministry addressed queries on whether government projects under Net Metering, Behind-the-Meter, and Open Access mechanisms are exempt from using…
End of ISTS charge waiver may impact 26 GW of renewable projects: Crisil
Around 26 gigawatt (GW) of under-construction renewable energy capacity could be affected by the expiry of the full waiver on inter-state transmission system (ISTS) charges for solar and wind projects, according to Crisil Ratings. The exemption period ended on June 30, 2025. The Ministry of Power introduced the ISTS charge waiver in 2016 to promote…
CCI conducts market study on renewable energy across BRICS nations
The Competition Commission of India (CCI) is conducting a market study to assess competition issues within the renewable energy sector across BRICS nations. The study, led by CCI Chairperson Ravneet Kaur, is part of the broader BRICS framework, which originally included Brazil, Russia, India, China, and South Africa, with other countries later joining the bloc….
Airox Nigen expands with 1 MW green hydrogen system in Russia
Airox Nigen has launched a 1 MW green hydrogen system in Russia, marking a significant step in its global expansion and commitment to environmental sustainability. This system, designed to produce hydrogen without greenhouse gas emissions, aligns with Airox Nigen’s strategy to strengthen its international presence and contribute to the global shift towards renewable energy. Through…
