ACME Solar Holdings Private Limited has signed an agreement with Grew Energy Private Limited to develop a solar power project in Bikaner, Rajasthan.
The project will utilize GREW Solar’s Topcon solar modules, manufactured at its 3 GW facility near Dudu, Jaipur. Both companies aim to expand their collaboration in the renewable energy sector.
The Supreme Court has upheld the 2016 regulations introduced by the Rajasthan Electricity Regulatory Commission (RERC) to govern open access to electricity for industrial consumers. A bench of Justices Vikram Nath and Prasanna B. Varale dismissed appeals by several industrial companies, including Ramayana Ispat Pvt Ltd, challenging Rajasthan High Court decisions that had upheld the…
Sterlite Grid 32 Ltd (SGL32) has refinanced its Mumbai Urja Transmission Limited (MUML) project through listed non-convertible debentures (NCDs), its first NCD issuance since its joint venture with GIC of Singapore. The NCDs are rated AA+ stable by CRISIL and were secured by bidders including the National Bank for Financing Infrastructure & Development (NaBFID) and…
Japan’s industry ministry has released a draft of its new basic energy plan, targeting a power generation mix with 40–50% renewable energy and 20% nuclear energy by fiscal 2040, as reported by Jiji Press via The Japan News. The draft marks a major shift from policies following the 2011 Fukushima disaster, removing language on reducing…
KPI Green Energy Limited has established a Special Purpose Vehicle (SPV), named KPIN Clean Power One LLP. The SPV will focus on renewable energy generation and distribution. The SPV, KPIN Clean Power One LLP, was incorporated with contributions of Rs. 99,000 from KPI Green Energy and Rs. 1,000 from its wholly owned subsidiary, KPark Sunbeat…
Grid-India has released a draft procedure to govern scheduling, metering, accounting, deviation settlement, transmission charge waivers, and Renewable Energy Certificate mechanisms for Energy Storage Systems, including battery storage and pumped storage projects. The draft, dated August 6, 2025, seeks to create a standard operational framework for projects linked to the Interstate Transmission System. Under the…
NLC India Limited (NLCIL) has signed a Memorandum of Understanding with the Bhabha Atomic Research Centre (BARC) to launch a pilot project for extracting rare earth elements (REEs) from fly ash. The project will be set up in Neyveli, with BARC providing technical expertise. The initiative aims to demonstrate a new method of recovering REEs…