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Coal Ministry signs agreements for three coal blocks
The Ministry of Coal has executed agreements for three fully explored coal blocks, increasing the total number auctioned to 104 since the commencement of commercial coal mining. The Meenakshi and Rampia & Dip Side of Rampia coal blocks have been awarded to Hindalco Industries Limited and Jhar Mineral Resources Private Limited, respectively. These blocks are…
Seshasayee Paper to source 39 MW renewable power from hybrid project
Seshasayee Paper and Boards will source 39 MW of renewable energy from a wind-solar hybrid project being developed by Ganeko Solar in Tamil Nadu. The project will include 33 MW of solar and 6 MW of wind capacity. The hybrid facility will be developed under a special purpose vehicle (SPV) named Navia One Power. Seshasayee…
IntelliSmart acquisition to make Adani Energy Solutions India’s biggest smart metering platform
Adani Energy Solutions Limited (AESL) has signed a binding securities purchase and subscription agreement to acquire a 100% equity stake in IntelliSmart Infrastructure Private Limited for a total consideration of Rs 3,050 crore. The transaction includes the acquisition of the entire equity share capital of IntelliSmart and the redemption of optionally convertible debentures held by…
MNRE revises wind turbine prototype rules to support safer innovation
The Ministry of New and Renewable Energy (MNRE) has introduced new rules to guide the installation and testing of prototype wind turbines. The guidelines allow limited grid access to test turbines while enforcing clear safety, certification, and maintenance requirements. The goal is to support innovation in wind technology without compromising reliability. Issued on June 12,…
Finland commissions world’s largest sand battery for thermal storage
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….
ADB lends 100 million dollars for Sri Lanka’s power sector restructuring
Sri Lanka has secured a 100 million dollar policy loan from the Asian Development Bank (ADB) to advance reforms under the Power Sector Reforms and Financial Sustainability Program. The funding supports the unbundling of the Ceylon Electricity Board (CEB) under the 2024 Electricity Act and its 2025 amendment. The reforms aim to create separate entities…
