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IREDA sanctions Rs 1,134 crore loan for Insolation Green’s solar cell plant
Indian Renewable Energy Development Agency Limited (IREDA) has approved a loan of Rs 1,134 crore for Insolation Green Energy, a wholly owned subsidiary, to develop a 4.5 GW solar cell manufacturing unit in Madhya Pradesh. The company said the total project cost is estimated at Rs 1,512 crore, of which IREDA will provide Rs 1,134…
NLC India signs MoU with KABIL for critical minerals collaboration
NLC India Limited (NLCIL) has entered into a Memorandum of Understanding (MoU) with Khanij Bidesh India Limited (KABIL) on September 10, 2025. The agreement focuses on cooperation in identifying, acquiring, and developing projects related to critical and strategic minerals at both domestic and international levels. NLCIL stated that it is actively exploring opportunities in the…
Atul Greentech partners with Exide Energy Solutions for lithium-ion battery supply
Atul Greentech, a subsidiary of Atul Auto, has signed an agreement with Exide Energy Solutions (EESL) to source lithium-ion battery packs from EESL’s facility in Prantij, Gujarat. The agreement also includes sourcing lithium-ion cells once EESL begins production at its Bangalore facility. This partnership aims to enhance India’s self-reliance in the EV sector, integrating domestically…
Power ministry reviews IES framework at second taskforce meeting
The Ministry of Power held the second meeting of the India Energy Stack (IES) Taskforce on 19 December 2025 in New Delhi to advance the development of a digital public infrastructure (DPI) for the power sector, according to a Press Trust of India (PTI) report. The IES Taskforce has been set up to develop a…
NHPC to develop 2,000 MW pumped storage in Rajasthan
NHPC Limited and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) have signed a Memorandum of Understanding (MoU) to develop two pumped storage projects (PSPs) of 1,000 MW each in Rajasthan. The projects will be implemented through a joint venture (JV) between the two entities. This move strengthens NHPC’s presence in Rajasthan, where it recently began…
PFCCL initiates empanelment process for AMISP under RDSS
PFC Consulting Ltd (PFCCL), a subsidiary of Power Finance Corporation Ltd, has initiated the empanelment of advanced metering infrastructure service providers (AMISP) under the centrally-sponsored Revamped Distribution Sector Scheme (RDSS). As one of the project implementation agencies (PIA) for smart metering under RDSS, PFCCL is seeking to empanel AMISPs to execute prepaid smart metering projects….
