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US ends $7 billion Solar for All program after funding cut
The Trump Administration has cancelled the $7 billion Solar for All grant program for low-income and disadvantaged households. The move follows the One Big Beautiful Bill Act, which removed the Greenhouse Gas Reduction Fund that had authorised the program. On August 8, EPA Administrator Lee Zeldin said the agency no longer had statutory authority to…
NTPC commissions 105 MW solar unit in Madhya Pradesh
NTPC Renewable Energy Limited (NTPC REL) has fully commissioned the 105 MW Unit-1 of its solar power project in Madhya Pradesh. The final 50 MW capacity under the project began commercial operations on March 13, 2025, completing the development of Unit-1. This project is part of the larger 325 MW Shajapur Solar Power Park, which…
Seven firms win bids for 500 MW solar projects under GUVNL Phase XXV
On December 19, 2024, Gujarat Urja Vikas Nigam Limited (GUVNL) announced the winners of its 500 MW Solar Photovoltaic (PV) Power Projects under Phase XXV without energy storage systems (ESS). The successful bidders are: Drashta Green Power Limited: 10 MW at Rs 2.55 per kWh S.B.B. Mouldings Private Limited: 10 MW at Rs 2.55 per…
ACME Solar to raise stake in subsidiary Sigma Urja
ACME Solar Holdings Limited has approved an investment to increase its shareholding in its subsidiary, ACME Sigma Urja Private Limited, from 49% to 99.66%. The company will subscribe to 1.5 million new equity shares for a total consideration of Rs 1.5 crore. The decision was approved by the Operational Committee on October 10, 2025, as…
Ashok Leyland becomes first OEM under Delhi-NCR vehicle replacement scheme
The Ministry of Road Transport and Highways (MoRTH) has signed the first Memorandum of Understanding (MoU) under the Government of India’s vehicle replacement scheme for old trucks and buses in the Delhi-NCR region. The agreement was signed with Ashok Leyland and Switch Mobility, a subsidiary of Ashok Leyland. With the signing of the MoU, Ashok…
NTPC to expand capacity to 130 GW by 2032
NTPC aims to increase its installed capacity from 76 GW to 130 GW by 2032, presenting significant growth prospects for micro, small, and medium enterprises (MSMEs). The company’s procurement value is expected to rise from Rs 190.75 billion in FY24 to Rs 325 billion by 2032, with MSMEs contributing over 52 per cent of FY24…
