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Apollo Green to form subsidiary; invest Rs 5 billion
Apollo Green Energy Limited (AGEL) is set to develop 1,000 MW of renewable energy (RE) projects across India by 2028. The company will invest Rs 5 billion through its newly formed subsidiary, AGEL Renewable Energy Limited, which will focus on utility-scale solar power projects integrated with energy storage systems (ESS), including hydrogen-based solutions. The subsidiary…
MoP issues competitive bidding guidelines for pumped storage procurement
The Ministry of Power has introduced tariff-based competitive bidding guidelines for procuring stored energy from existing, under-construction, or new Pumped Storage Projects (PSP). As per the National Electricity Plan 2023, India will require 74 GW/411 GWh of energy storage systems by 2031-32, including 27 GW/175 GWh from PSP and 47 GW/236 GWh from Battery Energy…
Oswal Solar Energy secures Rs 39.4 crore rooftop solar order
Oswal Solar Energy Private Limited, a wholly owned subsidiary of Oswal Pumps Limited, has secured an order worth approximately Rs 39.40 crore (including GST) for the installation of 7.46 MWp of grid-connected rooftop solar plants in Andhra Pradesh. The contract has been awarded by M/s Swashakthi Energy for the installation of solar systems for 3,729…
MNRE issues draft amendment to extend ALMM to wafers from June 2028
The Ministry of New and Renewable Energy (MNRE) has released a draft amendment proposing the inclusion of solar wafers under the Approved List of Models and Manufacturers (ALMM). The provision is planned to take effect from June 1, 2028. According to the draft, ALMM List-III will cover wafers, with enlistment conditional on at least three…
Solarium Green secures Rs 22.51 crore TOPCon module orders
Solarium Green Energy Limited has received two purchase orders totalling about Rs 22.51 crore (excluding GST), for the supply of TOPCon solar panels to projects across Karnataka, Tamil Nadu, Andhra Pradesh, and Puducherry. The larger order, valued at around Rs 14.10 crore, involves the supply of Bureau of Indian Standards (BIS)-certified 715/720 Wp TOPCon N-type…
NTPC Green commissions solar and wind projects in Gujarat
NTPC Green Energy Limited has announced that 212.5 MW from the 1,255 MW Khavda-I solar photovoltaic project developed by NTPC Renewable Energy Limited has commenced commercial operations from 20 August 2025. The Khavda-I project is being developed under the CPSU Scheme Phase-II Tranche-III. The company further reported that 52.8 MW of wind capacity from a…
