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CCI approves Vedanta’s acquisition of Jaiprakash Associates
The Competition Commission of India (CCI) has cleared the proposed acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited under the corporate insolvency resolution process (CIRP) of the Insolvency and Bankruptcy Code, 2016. Vedanta, a subsidiary of Vedanta Resources Limited, operates across multiple sectors including oil and gas, zinc, lead, silver, copper, iron ore, steel,…
Ministry of Power scraps Uniform Renewable Energy Tariff
The Ministry of Power has withdrawn the Uniform Renewable Energy Tariff (URET) mechanism, including the Solar Power Central Pool and Solar-Wind Hybrid Central Pool, due to delays in project approvals and power sale agreements. The URET framework, introduced in February 2024, was designed to stabilise tariffs for solar and hybrid projects till 2027. However, many…
Solex Energy reports 194% revenue growth
Solex Energy Limited reported robust financial performance in H1 FY2024-25, with total income surging 194% to Rs 2.731 billion, up from Rs 930 million in H1 FY24. EBITDA increased 168% to Rs 253.7 million, and net worth expanded 244% to Rs 1.317 billion, while Return on Equity (ROE) improved to 29.41%, compared to 3.84% in…
Cleantech Solar commissions 80 MWp open access projects in Tamil Nadu
CSE Development (India) Private Limited commissioned 80 MWp of open access solar photovoltaic (PV) projects at its solar park in Tamil Nadu on May 8, 2025. The solar park has a total capacity of 275 MWp.  The power generated from these projects will be used on a captive basis by companies such as First Solar…
Oil India signs collaboration framework with Canada’s PTRC
Oil India Limited (OIL) has signed a collaboration framework with the Petroleum Technology Research Centre (PTRC), a not-for-profit energy research company of the Province of Saskatchewan, Canada. The agreement was signed on the sidelines of the Global Energy Show 2026 on June 10 at Calgary. Collaboration areas The framework includes six areas of cooperation between…
Relicab gains CG Power approval for 765 kV POWERGRID cables
Relicab Cable Manufacturing has received approval from CG Power and Industrial Solutions, Nashik, to supply interconnecting control cables for POWERGRID projects with voltage ratings up to 765 kV. The certification, valid until 13 November 2025, encompasses FRLS Armored, Unarmored, and Screened Copper Control Cables of 1.5/2.5 sq. mm, confirming compliance with POWERGRID specifications, standards, designs,…
