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Cabinet approves revised SHAKTI policy
The Cabinet Committee on Economic Affairs (CCEA) has approved the revised SHAKTI (Scheme for Harnessing and Allocating Koyala Transparently in India) policy to streamline coal allocation for thermal power plants across central, state, and private sectors. The revised policy introduces two simplified categories for coal linkages—Window-I and Window-II. Window-I allows central and state government-owned power…
Inox Clean, RJ Corp form JV for African renewables
Inox Clean Energy Limited, part of the INOXGFL Group, has formed an equal joint venture with RJ Corp Limited to enter the African renewable energy market, marking its first major international independent power producer initiative. The partnership has acquired Skypower Services MENA Limited and plans to commission about 570 MW of renewable energy capacity in…
India, UK launch offshore wind taskforce
India and the United Kingdom have set up a joint Offshore Wind Taskforce to accelerate project implementation, strengthen supply chains, and address structural challenges in India’s offshore wind sector. The initiative was launched by Union Minister for New and Renewable Energy Pralhad Joshi along with UK Deputy Prime Minister David Lammy and British High Commissioner…
KEI Industries approves Rs 20 billion QIP proposal
KEI Industries Ltd’s board of directors has approved a proposal to raise Rs 20 billion through a qualified institutional placement (QIP). The funds will be raised via the issuance of equity shares or other eligible securities, subject to shareholder and regulatory approvals. A “Fund Raising Committee” has been formed to finalize the QIP’s terms and…
EIM launches 3 MW EV battery swapping station at Nhava Sheva port
Energy in Motion Limited (EIM), an associate of Ravindra Energy Limited, has commenced commercial operations at India’s largest battery swapping and charging station for heavy vehicles. The facility is located at the Nhava Sheva Freeport Container Terminal (NSFT) within Jawaharlal Nehru Port in Maharashtra. The automated, ground-based installation has an installed power capacity of 3…
Ahasolar wins consultancy contract for 875 MW Rajasthan solar project
Ahasolar Technologies Limited has received a consultancy work order worth about Rs 1.18 crore for a major solar power project in Rajasthan. The contract has been issued by CIL Rajasthan Akshay Urja Limited for providing Owner’s Engineering and Project Management Consultancy (OEPMC) services. The assignment covers an 875 MW solar photovoltaic project located in the…
