India

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Powergrid wins Vindhyachal-Varanasi inter-regional transmission project
By September 18, 2025October 28, 2025

Power Grid Corporation of India Limited (POWERGRID) has been awarded the project to develop an inter-state transmission system under the tariff-based competitive bidding (TBCB) process. The Letter of Intent was issued to the company on 16 September 2025. The project, titled “Inter-regional (NR-WR) transmission system strengthening to relieve the loading of 765 kV Vindhyachal-Varanasi D/c line,” will be developed on a Build, Own, Operate and Transfer basis. The estimated cost is Rs 2,368 crore with…

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News | India | Policy & Programmes

MNRE approves Rs 140 crore supplementary budget for National Bioenergy Programme
By September 17, 2025October 28, 2025

The Ministry of New and Renewable Energy (MNRE) has sanctioned a supplementary budget of Rs 140 crore for Phase-I of the National Bioenergy Programme (NBP), covering the period from April 1, 2021 to March 31, 2026. According to an office memorandum dated September 16, 2025, the approval was granted by the President of India. With this additional allocation, the total outlay under Phase-I of the programme now stands at Rs 998 crore. The NBP is…

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News | India | T&D

GoM suggests new debt restructuring scheme for State Discoms
By September 17, 2025October 28, 2025

A Group of Ministers (GoM) chaired by Power Minister Manohar Lal has proposed a new scheme to restructure the rising debt of State-owned power distribution companies (discoms). The panel said the liabilities should be formally recognised as obligations of the respective State governments. The Reserve Bank of India’s State Finance – A Study of Budgets of 2024-25 estimated the accumulated losses of discoms at Rs 6.5 lakh crore in FY23, equal to 2.4 per cent…

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News | India | Renewable Energy

Suzlon secures 838 MW wind order from Tata Power Renewable
By September 17, 2025October 28, 2025

Suzlon Group has announced its largest order of FY26, securing 838 MW from Tata Power Renewable Energy Limited (TPREL) under a Firm and Dispatchable Renewable Energy (FDRE) project. The project will deploy 266 of Suzlon’s S144 wind turbines, each with a capacity of 3.15 MW. Installations will be spread across Karnataka with 302 MW, Maharashtra with 271 MW, and Tamil Nadu with 265 MW. This marks the company’s second-largest order to date, following a 1,544…

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News | Generation | India

L&T secures nuclear and grid infrastructure orders
By September 17, 2025October 28, 2025

Larsen & Toubro (L&T) has received orders from the Nuclear Power Corporation of India Ltd (NPCIL) and multiple contracts for grid infrastructure projects in India, the United Arab Emirates (UAE), and Oman. The Heavy Civil Infrastructure business of L&T will execute the mechanical package for Units 5 and 6 of the Kudankulam Nuclear Power Project in Tamil Nadu. The work involves installation of the nuclear reactor, turbine, generator, condenser, sea water systems, polar and trestle…

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News | Finance | India

Serentica Renewables to acquire Statkraft’s India solar portfolio
By September 16, 2025October 28, 2025

Serentica Renewables, backed by KKR, has signed a binding agreement to acquire the Indian solar business of Norway-based Statkraft. The deal value was not disclosed, but sources estimate the enterprise value at around Rs 2,000 crore. The acquisition will expand Serentica’s operational capacity to 1.5 GW, supporting its plan to reach 17 GW by 2030. Statkraft’s Indian solar portfolio includes 445 MW of operating projects in Bikaner and 1 GW under development in Rajasthan. These…

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News | India | Policy & Programmes

MNRE releases national policy on geothermal energy
By September 16, 2025October 28, 2025

The Ministry of New and Renewable Energy (MNRE) on 15 September 2025 issued the National Policy on Geothermal Energy to guide exploration, development, and deployment of geothermal resources in the country. The vision is to establish geothermal energy as a central part of India’s renewable portfolio. The policy outlines goals to expand research, improve exploration methods, reduce costs, and adopt direct-use technologies such as ground source heat pumps. It also seeks to build partnerships with…

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India | Finance | News

Transrail Lighting expands into new African market
By September 16, 2025October 28, 2025

Transrail Lighting Ltd has announced fresh orders worth Rs 421 crore, including a major transmission line contract in a new African country. With these additions, the company’s order inflows for FY26 have crossed Rs 3,500 crore as of August 2025, marking a 78 per cent increase compared to the same period last year. Managing Director and CEO Randeep Narang said the company’s entry into a new African market through the transmission line contract, along with…

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News | India | Renewable Energy

Insolation Green to develop 226 MW solar projects across Rajasthan
By September 16, 2025October 28, 2025

Insolation Green Energy Pvt Ltd, a wholly-owned subsidiary of Insolation Energy Ltd, has secured a mandate to set up more than 226 MW of solar photovoltaic capacity across 135 sites in Rajasthan. According to a company release, the subsidiary has received a letter of intent covering design, survey, installation, testing, commissioning, and 25 years of operations and maintenance for these projects. The award was issued by Jaipur Vidyut Vitran Nigam Ltd (JVVNL) for 20 sites…

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News | India | Renewable Energy

NTPC Green reports commercial operation of 100 MW IRPL capacity
By September 16, 2025October 28, 2025

NTPC Green Energy Limited (NGEL) has announced that 100 MW (Lot-6) of capacity from IRCON Renewable Power Limited’s (IRPL) 500 MW project has been declared under commercial operation, effective 17 September 2025. With this addition, IRPL has reached 400 MW of cumulative commissioned capacity. IRPL is a joint venture in which Ayana Renewable Power Private Limited holds a 24 per cent stake. Ayana is a wholly owned subsidiary of ONGC NTPC Green Private Limited, which…

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