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India | News

Centre pushes for resource adequacy, smart metering at southern power review meet
By May 27, 2025May 27, 2025

The Regional Power Conference for Southern States and Union Territories was held in Bengaluru, chaired by Shri Manohar Lal, Union Minister for Power and Housing & Urban Affairs. Attendees included Shri Shripad Naik, Union Minister of State for Power and New & Renewable Energy, along with state ministers and senior officials. The meeting focused on future power demand, transmission expansion, financial viability of DISCOMs (distribution companies), and cyber security. Secretary (Power), Government of India, urged…

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Generation | India | News

India’s coal output crosses 1 billion tonnes
By May 27, 2025October 28, 2025

India produced and dispatched over 1 billion metric tonnes of coal in FY2023–24. This marks a 70% rise since 2014, driven by structural reforms including commercial coal mining, first launched in 2020. Nearly 150 mines have been auctioned so far, with the 12th round underway. States have received nearly Rs 2.5 trillion in premiums and royalties. The sector has moved from inefficiency to transparency, with private players now active under a structured regime. Environmental measures…

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Promethean Energy raises $2 million to scale clean heat solutions in Asia
By May 26, 2025May 26, 2025

Promethean Energy has secured $2 million in a Pre-Series A funding round led by Transition VC. Other participants included Sangam Venture, Sagana Capital, and Fondation Botnar. The Mumbai-based clean technology company will use the funds to expand its product line, scale operations, and strengthen its presence across India and Southeast Asia. It also plans to build a national network of sales and service engineers. The company is developing an AI-powered platform for thermal energy optimisation…

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India | News

Bondada to develop 2,000 MW solar project in Andhra Pradesh
By May 26, 2025May 26, 2025

The Government of Andhra Pradesh (GoAP) has allocated a 2,000 MW (2,600 MWp) solar power project to Bondada Engineering Limited. The project was awarded on May 22, 2025, and will be developed over the next 24 months at an estimated cost of Rs 90 billion. The rollout of the project will be phased. A 250 MW capacity will be commissioned by FY 2026, 750 MW by FY 2027, and the remaining 1,000 MW by FY…

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India | News

Juno Joule and Select Energy to build green ammonia plant in Andhra Pradesh
By May 26, 2025May 26, 2025

Juno Joule Green Energy Private Limited has signed a memorandum of understanding (MoU) with Germany’s Select Energy GmbH to co-develop a green hydrogen and ammonia export facility at Mulapeta port in Andhra Pradesh. The total investment for the project is estimated at $1.3 billion. The facility will be developed in three phases. By 2029, it aims to produce 180,000 tonnes of green hydrogen annually. This will be converted into up to one million tonnes of…

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MIEPL to build 200 MW solar module plant for CEL in Ghaziabad
By May 26, 2025May 26, 2025

Multi Infrastructure and Engineering Private Limited (MIEPL) has secured a contract from Central Electronics Limited (CEL) to set up a 200 MW solar module manufacturing facility in Ghaziabad, Uttar Pradesh. The project tender was floated by CEL in April 2025. It will be implemented on a revenue-sharing model under the Make in India initiative. MIEPL stated that the new facility will help scale up domestic solar module production. The move is aimed at cutting import…

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Power Ministry reinforces RCO rules for CPPs and open access users
By May 26, 2025May 26, 2025

The Ministry of Power (MoP) and the Bureau of Energy Efficiency (BEE) have issued fresh directives to ensure compliance with the Renewable Consumption Obligations (RCO) framework. This applies to designated consumers, including captive power plants (CPPs) and open access (OA) users. The RCO system stems from amendments made to the Energy Conservation Act, 2001 in 2022. It replaces older Renewable Purchase Obligation (RPO) guidelines and mandates a rising share of renewable energy use each year…

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India | News

NHPC net profit falls 14.68% to Rs 34.12 billion in FY25
By May 26, 2025May 26, 2025

NHPC Limited reported a standalone net profit of Rs 34.12 billion in 2024-25, down 14.68% from Rs 39.99 billion in the previous year. The decline was partly due to one-time provisions and arbitration-related expenses. Total income rose 6.69% to Rs 117.29 billion, up from Rs 109.94 billion in 2023-24. Revenue from operations stood at Rs 89.94 billion. For Q4 FY25, NHPC posted a net profit of Rs 8.94 billion. Total expenses for the year reached…

Read More NHPC net profit falls 14.68% to Rs 34.12 billion in FY25
India | News

Delhi raises rooftop solar subsidy to Rs 108,000 per household
By May 26, 2025May 26, 2025

The Delhi government has approved an additional subsidy of Rs 30,000 for installing 3 kW rooftop solar systems. This is over and above the Rs 78,000 subsidy provided by the central government under the PM Surya Ghar: Muft Bijli Yojana (PMSGMBY), bringing the total subsidy support to Rs 108,000. Households installing such systems can expect average monthly savings of around Rs 4,200. As of March 26, 2025, about 3,476 households in Delhi have availed the…

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PFCCL invites bids for 400/220 kV Saswad transmission project in Pune
By May 26, 2025May 26, 2025

PFC Consulting Limited (PFCCL) issued a Request for Proposal (RfP) on May 22, 2025, to select a transmission service provider (TSP) for a new substation in Pune district. The project will follow a tariff-based competitive bidding (TBCB) process on a build, own, operate, and transfer (BOOT) basis. Bid submissions are due by July 28, 2025. PFCCL is the bid process coordinator (BPC) for this Maharashtra project. The scope includes a 2×500 MVA, 400/220 kV air-insulated…

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