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Sterlite Power raises Rs 7.25 billion to expand global operations
Sterlite Power Limited has raised Rs 7.25 billion in its first primary fundraising since becoming independent. The funds were raised through its global products and solutions business. This marks the first fundraising round since the company’s demerger. The round saw participation from GEF Capital Partners and ENAM Holdings. The capital will be used for ongoing…
MNRE approves Rs 140 crore supplementary budget for National Bioenergy Programme
The Ministry of New and Renewable Energy (MNRE) has sanctioned a supplementary budget of Rs 140 crore for Phase-I of the National Bioenergy Programme (NBP), covering the period from April 1, 2021 to March 31, 2026. According to an office memorandum dated September 16, 2025, the approval was granted by the President of India. With…
K2 Infragen wins 67.61 MWp contract at Khavda Solar Project
K2 Infragen Limited has won an engineering, procurement, and construction (EPC) contract from KPI Green Energy Limited for the 67.61 MWp capacity under the 300 MW Khavda Solar PV Project – Phase XXI in Gujarat. The contract, awarded on March 25, 2025, includes the supply of Balance of System (BoS) materials. KPI Green Energy had…
TVA leads $800m SMR initiative to expedite Clinch River nuclear project
The Tennessee Valley Authority (TVA) will lead an $800 million application to the US Department of Energy’s Generation III+ small modular reactor (SMR) program. The initiative, supported by Bechtel, BWX Technologies, and Duke Energy, aims to accelerate the construction of an SMR at TVA’s Clinch River project in Oak Ridge, Tennessee. If successful, the funding…
US sets preliminary anti-dumping duties on solar imports
The U.S. Department of Commerce has issued preliminary affirmative determinations in its anti-dumping (AD) duty investigations on solar cell and module imports from India, Indonesia, and Laos. The decision introduces high provisional duty rates and expands trade actions affecting a supply chain that delivered $4.5 billion in solar products to the United States in 2025….
Jakson Green signs SECI pact for 85,000 tpa green ammonia supply
Jakson Green Ltd’s consortium partner Ocior Energy has signed a green ammonia supply agreement with Solar Energy Corporation of India Ltd, committing to supply 85,000 metric tonnes per annum (MTPA) of green ammonia. The consortium secured the capacity under SECI’s sixth green ammonia auction at a tariff of Rs 50.75 per kg under Mode-2A of…
