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Indo-Tech Transformers loses Rs 65 crore ReNew Wind transformer order
Indo-Tech Transformers Limited has disclosed the cancellation of a Rs 64.99 crore order from Renew Wind Energy (JAMB) Private Limited for the supply of six 220 kV / 165 MVA power transformers. The customer cited project delay as the reason for termination, according to a regulatory filing dated March 11, 2026. The order, which Power…
Premier Energies and Nuevosol form JV to manufacture aluminium frames for solar modules
Premier Energies Limited (PEL) has signed a joint venture agreement with Nuevosol Energy Private Limited to invest in Premier-Green Aluminium Private Limited. The new entity will focus on manufacturing aluminium frames for solar photovoltaic (PV) modules. The joint venture will set up a facility for aluminium foundry and extrusion, targeting high-quality frame production to serve…
India seeks critical minerals agreement with the US to counter China
India and the US are working together to bolster their critical minerals supply chains, aiming to reduce dependency on China. As part of this effort, the two countries plan to jointly explore third-country sources for securing critical minerals, with India seeking to transform the current Memorandum of Understanding (MoU) into a more comprehensive partnership agreement….
NavPrakriti to invest Rs 1 billion in critical minerals plant in Odisha
NavPrakriti Green Energies Private Limited will invest over Rs 1 billion to set up a greenfield critical minerals refining facility in Odisha, with operations expected by the financial year 2028-29. The facility will process up to 5,000 tonnes per annum (TPA) of end-of-life batteries. It is designed to recover high-purity lithium, cobalt, nickel, and other…
KPI Green wins LoA for 96 MWp solar BoS project
KPIG Energia Private Limited, a subsidiary of KPI Green Energy Limited, has received a letter of award from Aditya Birla Renewables Limited for a solar balance of system project at Mahua in Gujarat, according to the exchange filing on August 6, 2025. The project will have a capacity of 64 MWac or 96 MWp. The…
Tamil Nadu white paper: Rs 2.47 lakh crore debt, tariff freeze and 231 new substations planned
The Tamil Nadu government has ruled out passing on this year’s electricity tariff revision to consumers, even as a White Paper tabled by Electricity Minister R. Nirmalkumar revealed that the cumulative debt of the state’s four power corporations has reached Rs 2.47 lakh crore. Presenting the White Paper at the Electricity Board headquarters, the Minister…
