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KP Group partners with GH2 Solar and AHES for 100,000 TPA green ammonia plant
By September 4, 2025October 29, 2025

KP Group has announced a partnership with GH2 Solar and South Korea’s AHES Co. Ltd. to develop a green ammonia production facility in India with a planned capacity of 100,000 metric tons per annum (TPA). The project will be executed through KPI GH, with AHES and GH2 providing technical and strategic support. This includes arranging offtake agreements for the output, targeting South Korea, Japan, and other global markets. KP Group said AHES will also act…

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India | News | T&D

Waaree Energies buys stake in Kotsons, expands into transformer business
By September 4, 2025October 29, 2025

Waaree Energies Limited has acquired a 64 per cent equity stake in Kotsons Private Limited through a primary capital infusion of about Rs 192 crore. With this investment, Kotsons has become a subsidiary of Waaree Energies. The funds will be used to expand Kotsons’ manufacturing capacity to meet rising demand for transformers in domestic and international markets. Founded in 1979, Kotsons operates a transformer manufacturing facility in Alwar, Rajasthan, with an installed capacity of 4,000…

Read More Waaree Energies buys stake in Kotsons, expands into transformer business
India | News | Renewable Energy

Ashok Leyland to invest Rs 50 bn in battery localisation
By September 4, 2025October 29, 2025

Ashok Leyland plans to invest more than Rs 50 billion over the next 7 to 10 years to develop and localise advanced battery technologies in India. Ashok Leyland confirmed that the localisation of battery manufacturing in India will support its own electric vehicle portfolio under the Ashok Leyland and Switch brands, while also supplying batteries to non-captive demand in both the automotive and energy storage markets. As part of this strategy, Ashok Leyland has signed…

Read More Ashok Leyland to invest Rs 50 bn in battery localisation
India | Generation | News

BHEL receives 2,600 crore order for 800 MW Anuppur thermal project
By September 4, 2025October 29, 2025

Bharat Heavy Electricals Limited (BHEL) has accepted a Letter of Intent from MB Power (Madhya Pradesh) Limited to supply equipment for the 1×800 MW Anuppur Thermal Power Project. The supply package includes the boiler, turbine, generator, and related auxiliaries, along with control and instrumentation systems. According to BHEL, the boiler will be manufactured at its Trichy plant, while the turbine generator will come from its Haridwar facility. The contract value is estimated at about Rs…

Read More BHEL receives 2,600 crore order for 800 MW Anuppur thermal project
India | News | T&D

RECPDCL invites bids for Jalna transmission project in Maharashtra
By September 4, 2025October 29, 2025

REC Power Development and Consultancy Limited (RECPDCL), acting as the bid process coordinator, has issued a request for proposal (RFP) for the “Establishment of 400/132 kV AIS Jalna (Dist-Jalna).” The selected transmission service provider will acquire 100 per cent equity in Jalna Power Transmission Limited and develop the project on a build, own, operate, and transfer basis. The project is invited under the Tariff-Based Competitive Bidding (TBCB) route. The project scope includes setting up a…

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News | India | Policy & Programmes

Power Ministry issues clarification on appraisal of hydro and pumped storage DPRs
By September 3, 2025October 29, 2025

The Ministry of Power has issued an office memorandum outlining the appraisal process for Detailed Project Reports (DPRs) of hydro and pumped storage projects that do not require concurrence from the Central Electricity Authority (CEA). The memorandum clarifies that DPRs submitted to the CEA before the exemption took effect may still be reviewed if requested by developers. Projects submitted after the change can also be appraised by the CEA on request. For such cases, the…

Read More Power Ministry issues clarification on appraisal of hydro and pumped storage DPRs
News | India | Renewable Energy

AMPIN commissions first open access solar project in Chhattisgarh
By September 3, 2025October 29, 2025

AMPIN Energy Transition has commissioned a 50 MWp solar open access plant in Gatapar village, Bemetara district, marking its first project in Chhattisgarh and the company’s debut in the Eastern region. The plant will supply power to Texmaco Rail & Engineering Ltd. According to AMPIN, the project was completed in nine months and highlights the role of Chhattisgarh’s Green Energy Open Access (GEOA) policy in attracting investment. The plant is expected to generate about 78.21…

Read More AMPIN commissions first open access solar project in Chhattisgarh
News | Finance | India

Offgrid Energy Labs secures $15 million in Series A funding
By September 3, 2025October 29, 2025

Offgrid Energy Labs, based in Noida, has raised $15 million in a Series A round led by Archean Chemicals Industries Ltd, with existing investor Ankur Capital also participating. The startup, which develops zinc bromine gel batteries, had earlier secured seed funding from Shell Ventures. The latest funds will support a 10 MWh demonstration plant in the United Kingdom, advance ongoing research and development, and drive commercialisation of its patented ZincGel batteries through certification, testing, and…

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News | Finance | India

GK Energy raises Rs 100 crore in pre-IPO funding
By September 3, 2025October 29, 2025

GK Energy Ltd, a solar-powered agricultural water pump systems provider, has raised Rs 100 crore in a pre-initial public offering (IPO) funding round. The investment came from Valuequest, 360 One (formerly IIFL Wealth), and Kotak AIF, among others. According to the company’s notice, 65.36 lakh equity shares were allotted at Rs 153 each through a private placement, representing 3.70 per cent of its pre-offer equity capital. Of this, Valuequest India G.I.F.T. Fund invested Rs 35…

Read More GK Energy raises Rs 100 crore in pre-IPO funding
India | Finance | News

Nalco plans Rs 300 billion investment in new smelter and power plant
By September 3, 2025October 29, 2025

National Aluminium Company (Nalco) has outlined an investment of about Rs 300 billion over the next five years to establish a new aluminium smelter along with a coal-based power plant. The company has allocated around Rs 170–180 billion for the smelter project in Odisha, while approximately Rs 120 billion will be directed toward the power facility. Funding will come from a mix of debt and internal accruals. Nalco is targeting the commissioning of the smelter…

Read More Nalco plans Rs 300 billion investment in new smelter and power plant