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Uttar Pradesh climbs to third spot under PM Surya Ghar scheme
Uttar Pradesh has moved to the third position nationally under the PM Surya Ghar Muft Bijli Yojana (PMSGMBY), with rooftop solar installations nearing 4.7 lakh and a daily addition rate exceeding 3,000 systems, as per a review chaired by Ministry of New and Renewable Energy (MNRE) Mission Director J. V. N. Subramanyam. According to the…
ACME Solar secures Rs 24.91 billion refinancing for 490 MW projects
ACME Solar Holdings has secured a long-term refinancing facility of Rs 24.91 billion for its operational renewable energy portfolio totaling 490 MW across Andhra Pradesh, Rajasthan, and Punjab. The refinancing has been arranged through the State Bank of India and REC Limited, with a tenure ranging from 18 to 20 years. It will be used…
IndiGrid and JSW Energy report profit growth in FY 2024-25
IndiGrid Infrastructure Trust and JSW Energy Limited have reported solid financial results for the year ending March 31, 2025. IndiGrid posted a net profit of Rs 4.11 billion, marking a 38.85 per cent increase from Rs 2.96 billion in the previous year. Its total income rose by 15.1 per cent to Rs 34.38 billion. In…
MNRE releases draft guidelines for SPV inverter testing
The Ministry of New and Renewable Energy (MNRE) has released draft guidelines for series approval of solar photovoltaic (SPV) inverters. These are meant for testing in designated labs under the “Solar Systems, Devices and Components Goods Order, 2025.” Issued on 23 June 2025, the guidelines aim to help test labs and manufacturers define product families….
Andhra Pradesh explores small nuclear power plants
The Government of Andhra Pradesh (GoAP) has shown interest in setting up small nuclear power plants (NPPs) in the state. NTPC Limited has identified a potential site near Anakapalle and submitted a proposal to the state government. The government is also considering a joint venture (JV) with NTPC for the project. During a discussion in…
Luminous commissions lithium ion battery line in Himachal Pradesh
Luminous Power Technologies has inaugurated its first lithium-ion battery assembly line in Baddi, Himachal Pradesh, expanding its manufacturing footprint into advanced energy storage. The new facility has an installed capacity of 500 MWh and will meet rising demand for battery solutions across residential, commercial and electric mobility applications. The assembly line uses robotic automation and…
