NTPC Limited has signed a Power Purchase Agreement (PPA) with the Indian Army for the sale of 200 kW round-the-clock renewable energy from a solar-hydrogen-based microgrid in Chushul, Ladakh.  The 25-year agreement aims to enhance energy security in...

Welspun New Energy has signed a Memorandum of Understanding (MoU) with the Government of Odisha to invest Rs 135 billion in the state’s renewable energy sector. The investment includes plans for a 1,200 MW pumped hydro project and a 1,000 MW floating...

The Budget 2024-25 has allocated funds for various power projects, including thermal, transmission, and hydro. Rs 2.51 billion is set for the Power Sector Reform Program (Subprogram 1). The Kudankulam Nuclear Power Plant has received Rs 10.19 billion...

Art-PV, incubated at IIT Bombay, has received a USD 10 million grant from the Ministry of New and Renewable Energy (MNRE) to establish a manufacturing plant for high-efficiency tandem solar cells. The company’s innovative tandem cell achieves 29.8...

Eminent Electricity Distribution Limited (EEDL), a wholly-owned subsidiary of CESC Limited, has signed a share purchase agreement (SPA) with Chandigarh Power Distribution Limited (CPDL) to acquire 100 per cent equity in a distribution company.  As a...

Indus Towers Limited (ITL) has signed an agreement with Amplus Energy Solutions Private Limited to set up a 50 MW captive solar photovoltaic (PV) power project in India.  As part of the agreement, ITL will invest Rs 270 million to acquire a 26 per...

Lords Mark Industries Private Limited has won a contract from the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) to set up 300 MW of grid-connected rooftop solar power plants under the Renewable Energy Service Company (RESCO)...

The Committee of Directors (CoD) on investment of projects of Power Grid Corporation of India Limited (PGCIL) accorded investment approval for the Transmission System for Offshore Wind Zone Phase-1 (500 MW VGF off the coast of Gujarat for Subzone B3)...

Telangana has announced plans to invest in hydroelectric projects outside its state, starting with Himachal Pradesh, as part of its green energy push.  Telangana’s Deputy Chief Minister and Energy Minister Mallu Bhatti Vikramarka, along with energy...

KPI Green Energy has signed a contract with Coal India for the development of a 300 MWAC grid-connected solar photovoltaic (PV) plant at the Gujarat Industries Power Company (GIPCL) Solar Park in Khavda, Gujarat.  The total contract value is Rs 13.11...

The Union Government has allocated a total outlay of Rs 218.47 billion to the Ministry of Power (MoP) under the Union Budget for 2025-26, announced on February 1, 2025. The key allocations include: Rs 160.21 billion for the Revamped Distribution...

GAIL India Limited has raised its startup investment fund from Rs 1 billion to Rs 5 billion to support emerging enterprises in clean energy, renewables, energy storage, electric mobility, and digital transformation. This initiative aims to provide...

Solex Energy Limited has successfully commissioned an 800 MW high-speed solar module manufacturing line in Surat, Gujarat. The facility produces n-Type TOPCon rectangular cell-based Tapi-R series modules, with capacities ranging from 585 Wp to 625...

Premier Energies Limited reported strong third-quarter results for FY 2024-25, with a total income of Rs 17,494 million, up 144.76% from Rs 7,147 million in Q3 FY 2024. The company recorded revenue from operations of Rs 17,133 million and other...

The Ministry of Coal’s Nominated Authority has opened bids for the 11th round of commercial coal mine auctions, with strong participation from industry players.  Out of 27 mines offered, bids were submitted for 20, with a total of 70 online and 72...

Tata Power Trading Company Limited (TPTCL) has secured a contract from Power Grid Corporation of India Limited (PGCIL) for the sale of power from the 85 MW/105 MWp Nagda Solar Power Project in Madhya Pradesh. Bids for the contract were invited by...

Amara Raja Infra Private Limited (ARIPL) secured a contract from Solar Energy Corporation of India Limited (SECI) for the Balance of System (BoS) package of a 300 MW/390 MW solar project at Ramagiri, Andhra Pradesh. The contract is valued at Rs 5.45...

Kalpataru Projects International Limited has received a Letter of Award (LoA) worth Rs 6.55 billion for composite Package-C7 in West Bengal.  The contract covers the design, engineering, construction, supply, erection, stringing, testing, and...

Damodar Valley Corporation (DVC) and Haryana Power Purchase Centre (HPPC) signed a 25-year Power Purchase Agreement (PPA) to supply 800 MW of power from 2028-29 through three thermal power projects (TPPs) in Haryana on January 29, 2025. The...

Jakson Green Private Limited (JGPL), a wholly owned subsidiary of Jakson Power Private Limited, has partnered with Blueleaf Energy Renewables Private Limited for the joint implementation of 700 MW/1,000 MWp solar power projects in Rajasthan.  The...