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Emmvee wins order for solar modules from KPI Green
By June 27, 2025June 27, 2025

Emmvee Photovoltaic Power Private Limited has secured a contract worth Rs 15 billion from KPI Green Energy Limited for the supply of high-efficiency TOPCon bi-facial solar photovoltaic (PV) modules. The agreement was finalised on June 24, 2025. The PV modules will be deployed in a solar power project located in Gujarat. Emmvee will fulfil the order using its manufacturing facilities in Dabaspet and Sulibele, Karnataka. Founded in 1992, Emmvee manufactures solar PV modules and solar…

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India | News

CeNS develops solar-powered device for green hydrogen production
By June 27, 2025June 27, 2025

Researchers at the Centre for Nano and Soft Matter Sciences (CeNS), Bengaluru, have built a device that can produce green hydrogen using only solar energy. The innovation eliminates the need for fossil fuels or expensive materials, addressing key barriers to cost-effective hydrogen production. CeNS is an autonomous institute under the Department of Science and Technology. The device uses a silicon-based photoanode with an n-i-p heterojunction structure. It combines n-type titanium dioxide, undoped silicon, and p-type…

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Greenzo wins Rs 3.2 bn order for 20 MW green hydrogen project
By June 27, 2025June 27, 2025

Greenzo Energy India Limited has secured an order worth Rs 3.2 billion from Oswal Energies Limited. The deal is for supplying electrolysers and balance of plant (BoP) systems for a 20 MW green hydrogen project. The project will follow a build-operate-transfer model. This move supports India’s push to build its domestic green hydrogen capacity. Under the contract, Greenzo will provide its in-house developed electrolysers and integrated BoP systems. Oswal Energies will manage the engineering, procurement,…

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Servotech and Solarium secure rooftop solar contracts
By June 26, 2025July 16, 2025

Servotech Renewable Power System Limited has secured a contract worth Rs 600 million from Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) for setting up 16 MW of grid-connected rooftop solar projects across the state. The award was made on 24 June 2025. The project scope includes design, engineering, supply, installation, testing, commissioning, and insurance of rooftop solar systems ranging from 1 kW to 500 kW. The systems will be connected to existing power infrastructure, following…

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India opens EV manufacturing scheme portal to attract global players
By June 26, 2025June 26, 2025

The Ministry of Heavy Industries (MHI) has launched the application portal under the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI). The scheme is aimed at attracting global electric vehicle (EV) manufacturers while strengthening domestic EV production. The portal will accept applications from 24 June 2025 to 21 October 2025. Approved applicants will be required to invest at least Rs 41.50 billion and will be allowed to import completely built electric four-wheelers…

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Maharashtra to cut electricity tariffs by 26% over five years: CM Fadnavis
By June 26, 2025June 26, 2025

Maharashtra Chief Minister Devendra Fadnavis has announced a phased reduction in electricity tariffs, calling it the first such move in the state’s history. Starting this year, electricity rates will be reduced by 10%, with further cuts planned over the next five years. By 2030, tariffs will drop by a total of 26%. Fadnavis said nearly 70% of the state’s electricity consumers—those using less than 100 units—will benefit most. These users include a large share of…

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L&T raises Rs 5 billion via India’s first ESG bonds, wins USD 50 million contract
By June 26, 2025June 26, 2025

Larsen & Toubro (L&T) has raised Rs 5 billion through India’s first environmental, social, and governance (ESG) bonds. The funds were mobilised via non-convertible debentures (NCDs) at a 6.35% coupon rate with a three-year maturity. The bonds were listed on the National Stock Exchange (NSE) and issued under the Securities and Exchange Board of India’s (SEBI) new ESG and sustainability-linked bond framework. HSBC served as the sole lead arranger for the issuance. As part of…

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Adani to invest up to USD 20 billion yearly for 100 GW by 2030
By June 26, 2025June 26, 2025

Adani Group has announced plans to invest between USD 15–20 billion annually over the next five years to expand its total power generation capacity to 100 GW by 2030. The company is pursuing a diversified mix of thermal, renewable, and pumped hydro energy sources to meet this goal. In 2024–25, Adani Group invested over USD 14.65 billion, with energy infrastructure emerging as a key area. The expansion is aligned with its broader strategy to strengthen…

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SECI and MAHAPREIT sign MoU to develop RE projects for C&I consumers
By June 26, 2025June 26, 2025

The Solar Energy Corporation of India (SECI) and Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) have signed a Memorandum of Understanding (MoU) to collaborate on renewable energy (RE) power projects across India. Under the agreement, both entities will work together to identify suitable land and develop the necessary grid-connectivity infrastructure. The projects will be located in Maharashtra and other states, aiming to supply power to commercial and industrial (C&I) consumers nationwide. MAHAPREIT, a…

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MoEFCC proposes GEI targets for carbon market compliance
By June 26, 2025June 26, 2025

The Ministry of Environment, Forest and Climate Change (MoEFCC) has released a draft notification on 23 June 2025, setting greenhouse gas emission intensity (GEI) targets for 118 industrial units. These targets are part of the compliance mechanism under the Carbon Credit Trading Scheme, 2023. The notification outlines how obligated entities—mainly from the aluminium and steel sectors—will need to reduce their emissions intensity over time. GEI is measured in tonnes of CO₂ equivalent per unit of…

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