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India | News

Private firms line up for small nuclear reactor projects
By July 28, 2025July 28, 2025

India’s first tender for small nuclear reactors aimed at high-emission industries has drawn interest from major private companies. The project could lead to investments worth up to Rs 50,000 crore. Nuclear Power Corporation of India Ltd (NPCIL) has invited bids to build Bharat Small Reactors (BSRs) with a capacity of 220 megawatts (MW) each, intended for use in sectors such as steel and aluminium. The bid submission deadline is September 30. The 220 MW units…

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Supreme Court exempts power sector regulators’ fees from GST
By July 25, 2025July 25, 2025

The Supreme Court has upheld a Delhi High Court ruling that exempts key regulatory fees charged by electricity commissions from Goods and Services Tax (GST). These include fees for granting distribution licences, regulating electricity supply, and other annual charges collected by the Central Electricity Regulatory Commission (CERC) and the Delhi Electricity Regulatory Commission (DERC). This brings clarity to how GST applies to statutory regulatory functions in the power sector. It also offers relief to electricity…

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Vena Energy signs India’s first load-following RE PPA with SECI
By July 25, 2025July 25, 2025

Vena Energy has signed a power purchase agreement (PPA) with the Solar Energy Corporation of India Limited (SECI) for a 100 MW renewable energy project under the firm and despatchable renewable energy (FDRE) scheme. This is India’s first PPA structured around a load-following supply model. The load-following category is distinct from the round-the-clock and peak power formats seen in other FDRE projects. It aims to align renewable energy generation with the hourly demand profile of…

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Inox Wind secures 51 MW turbine order from First Energy for Tamil Nadu project
By July 25, 2025July 25, 2025

Inox Wind Limited has received a 51 MW wind turbine order from First Energy Private Limited (FEPL) for a wind power project in Tamil Nadu. This is FEPL’s first order with Inox Wind. The order includes the supply of Inox Wind’s 3 MW class wind turbine generators. These turbines feature a 140-metre hub height and a 145-metre rotor diameter. The contract also covers limited-scope engineering procurement services, including supervision, and multi-year operations and maintenance. First…

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BNC Power wins Rs 4.29 billion EPC contract for solar park in Rajasthan
By July 25, 2025July 25, 2025

BNC Power Projects Limited has secured a Rs 4.29 billion engineering, procurement and construction (EPC) contract from Rajasthan Solarpark Development Company Limited. The contract is for infrastructure development at the upcoming 2,450 MW solar park in Pugal, Bikaner. The scope of work includes setting up a 400/132 kV air-insulated substation (AIS) with four 315 MVA transformers. BNC will also construct two 132/33 kV AIS substations with twelve 100 MVA transformers. The project includes associated transmission…

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YamnaCo signs MoU for green ammonia project in Andhra Pradesh
By July 25, 2025July 25, 2025

YamnaCo Limited has signed a memorandum of understanding with the New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) to explore a green hydrogen and ammonia project near Krishnapatnam port. The proposed project will be developed in phases and aims to build a grid-connected green ammonia facility with a capacity of up to 1 million tonnes per annum. It will use renewable energy from the Indian grid and involve an estimated investment of Rs…

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Navitas Solar receives Rs 404.8 million from Parishi Capital to expand Gujarat plant
By July 25, 2025July 25, 2025

Navitas Solar has received an investment of Rs 404.8 million from Parishi Capital to expand its solar module manufacturing facility in Ahmedabad, Gujarat. The funding was completed in two tranches, with the first round raised in 2023. The investment will support capacity expansion from 1.7 gigawatts (GW) to 2.5 GW. A third round of funding is planned to help the company set up a 3 GW solar cell manufacturing plant by 2026. Navitas Solar, based…

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Juniper Green completes solar portion of Maharashtra hybrid project
By July 25, 2025July 25, 2025

Juniper Green Energy Limited has commissioned the remaining 43 megawatt peak (MWp) of solar capacity at its hybrid project site in Karanja, Maharashtra. With this, the company has completed the 103 MWp solar component of its 129 MWp hybrid power project. The solar capacity was commissioned in two phases: 59.55 MWp in June 2025 and 43 MWp in July 2025. The entire solar component was completed nearly 16 months ahead of its scheduled commercial operation…

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Exide Industries adds Rs 1 billion to lithium cell unit; IFC backs EV platform Transvolt
By July 25, 2025July 25, 2025

Exide Industries has approved an additional equity investment of Rs 1 billion in Exide Energy Solutions Limited (EESL). This brings its total investment in the wholly owned subsidiary to Rs 37.0223 billion. The new capital will fund the development of EESL’s greenfield lithium-ion cell manufacturing facility in Bengaluru. The first phase of the plant, with four production lines and a capacity of 6 gigawatt-hours (GWh), is scheduled to begin commercial operations by the end of…

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MNRE revises PM-Surya Ghar guidelines to ease fund flow and expand rural eligibility
By July 24, 2025July 24, 2025

The Ministry of New and Renewable Energy (MNRE) has amended operational guidelines for two components of the PM-Surya Ghar: Muft Bijli Yojana—Incentives for Local Bodies and Model Solar Village. The changes, issued through official memoranda dated July 22, 2025, and July 18, 2024, aim to address implementation gaps and clarify eligibility. Incentives for Local Bodies As per the revised Clause 6(c), the National Programme Implementation Agency (NPIA) will now release funds to State Implementation Agencies…

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