The Jammu and Kashmir Energy Development Agency (JAKEDA) has awarded 45.75 MW of grid-connected rooftop solar capacity across multiple government departments in Jammu and Kashmir. The projects were allocated under the Renewable Energy Service Company (RESCO) model, with discovered tariffs ranging from Rs 4.19/kWh to Rs 5.27/kWh. The tender was originally issued in October 2025…
Universal Cables Ltd reported an 11.33% year-on-year (YoY) increase in consolidated net profit for the fourth quarter of FY26, while its board approved a Rs 73 crore modernisation plan for its extra high voltage (EHV) cable facility and a Rs 200 crore debt issuance programme. Consolidated net profit for Q4 FY26 stood at Rs 55.32…
Jupiter Electric Mobility Pvt. Ltd. (JEM), a subsidiary of Jupiter Wagons Limited (JWL), has signed Memoranda of Understanding (MoUs) with renewable energy developers Chalukya Power and Pickrenew Energy for battery energy storage system (BESS) deployments with a combined capacity of 110 MWh. The agreements include both utility-scale and commercial and industrial (C&I) projects and will…
BluPine Energy has signed a Power Purchase Agreement (PPA) with KEI Industries Limited for renewable energy supply from a hybrid solar and battery energy storage system (BESS) project being developed in Rajasthan. The contracted capacity will form part of up to 150 MW capacity under BluPine Energy’s special purpose vehicles (SPVs) in the state. As…
Ladakh Lieutenant Governor Vinai Kumar Saxena has approved a five-year extension of the agreement for the proposed geothermal power project in the Puga Valley, enabling continued development of what is expected to become India’s first geothermal power plant. The project is being developed by Oil and Natural Gas Corporation (ONGC) in eastern Ladakh at an…
Uttar Pradesh Chief Minister Yogi Adityanath has handed over allotment letters to two companies for solar photovoltaic (PV) cell and module manufacturing projects in the Yamuna Expressway Industrial Development Authority (YEIDA) region, involving a combined investment of nearly Rs 5,000 crore. CESC Green Power Ltd, part of the RP-Sanjiv Goenka Group, will establish a 3…
ACME Solar Holdings Limited, through its wholly owned subsidiary ACME Renewtech Sixth Private Limited, has signed a 25-year Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited (SECI) for a 300 MW Firm and Dispatchable Renewable Energy (FDRE) project backed by 1,200 MWh of battery energy storage capacity. The project was awarded under…
Adani Green Energy Limited (AGEL) has commissioned a cumulative 3.37 GWh battery energy storage system (BESS) at Khavda, Gujarat, which the company said is the world’s largest single-location battery storage deployment outside China. The latest phase includes 1.99 GWh of commercially operationalised BESS capacity effective May 26, 2026, in addition to 1.37 GWh commissioned in…
NTPC Limited reported higher standalone profit for the fourth quarter and full financial year ended March 31, 2026, while outlining an aggressive expansion strategy across battery energy storage systems (BESS), pumped storage projects (PSPs), and renewable energy capacity. For Q4 FY26, standalone net profit rose 51.4% year-on-year (YoY) to Rs 8,747.27 crore from Rs 5,778.14…
JSW Steel Limited, Bharatia, and Carbon Iceland International have signed a strategic Memorandum of Understanding (MoU) to jointly explore the development of a large-scale green methanol (eMethanol) project in India. The agreement was signed during the 3rd India-Nordic Summit held in Oslo. The proposed project is planned with a production capacity of 300 kilotonnes per…