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Akshat Greentech to set up solar manufacturing facility in Hyderabad
The Telangana government has signed a memorandum of understanding (MoU) with Akshat Greentech, a subsidiary of Mytrah Energy, to establish a solar cells and modules manufacturing facility in Hyderabad. The agreement was finalized during the World Economic Forum 2025 in Davos. The facility will have a production capacity of 6.9 GW each for solar cells…
India | Generation | NewsNTPC evaluates stake in Clean Core Thorium Energy
NTPC Limited has confirmed that it is assessing a potential minority stake investment in United States-based Clean Core Thorium Energy (CCTE) as part of its strategy to expand its nuclear power portfolio. The clarification was issued in a rumour verification letter dated 02 January 2026 to BSE Limited (BSE) and the National Stock Exchange of…
PFC transfers two transmission subsidiaries to private bidders
Power Finance Corporation Ltd (PFC) has transferred ownership of two wholly owned subsidiaries, Raghanesda RE Transmission Ltd and NER Expansion Transmission Ltd, to private entities through tariff-based competitive bidding, according to a regulatory filing dated July 24. NER Expansion Transmission Ltd, the project special purpose vehicle (SPV) for the North-Eastern Region Expansion Scheme – XXV…
Gensol Engineering wins EPC contract for solar project in Gujarat
Gensol Engineering Limited has secured an engineering, procurement, and construction (EPC) contract for a 275 MW solar photovoltaic project at the Khavda Rann renewable energy solar park in Kutch, Gujarat. The project, valued at Rs 10.61 billion, also includes three years of operations and maintenance.
IEX’s plea against power exchange market coupling rejected by SC
The Supreme Court has declined to intervene in the ongoing dispute over market coupling in India’s power exchanges, allowing the Central Electricity Regulatory Commission (CERC) to continue framing the proposed regulations while making it clear that it has not expressed any view on the merits of the issue. The order, passed on August 3, 2026,…
SECI and KSEB partner for 125 MW battery storage project
The Solar Energy Corporation of India (SECI) has signed an agreement with Kerala State Electricity Board (KSEB) to set up a 125 MW/500 MWh battery storage system in Kasaragod. The project, to be completed by mid-2025, will help manage peak power demand and stabilize Kerala’s electricity grid. JSW Energy won the contract through a competitive…
