Reliance Power Limited’s wholly-owned subsidiary, Reliance NU Energies Private Limited, has received a Letter of Award from SJVN Limited for a 750 MW / 3,000 MWh Firm and Dispatchable Renewable Energy (FDRE) project. The award, issued on November 10, 2025, marks the largest single allocation under SJVN’s 1,500 MW / 6,000 MWh FDRE tender. The…
JSW Energy Limited has completed the allotment of Rs 250 crore in unsecured, listed Non-Convertible Debentures (NCDs). The Finance Committee approved the issuance on November 12, 2025, as part of a board-approved plan to raise up to Rs 3,000 crore. The issue includes 25,000 debentures with a face value of Rs 1,00,000 each. The NCDs…
SJVN Limited’s Board of Directors has approved a proposal to raise up to Rs 1,000 crore and released its financial results for the quarter ended September 30, 2025. The decisions were taken during the board meeting held on November 10, 2025, and disclosed in line with SEBI listing regulations. The company plans to raise the…
Waaree Energies Ltd. has received a new order to supply 360 MW of solar modules to a domestic developer engaged in utility-scale solar and energy storage projects. The agreement was finalised on November 11, 2025. In a filing to BSE Limited and the National Stock Exchange of India Limited, the company confirmed the contract, stating…
Power Exchange India Limited (PXIL) has appointed Vivek Singla as its Managing Director and Chief Executive Officer. Singla brings over 35 years of experience across the power sector, including generation, transmission, distribution, renewable energy, and green hydrogen. An alumnus of the Delhi Institute of Technology, Faculty of Management Studies (FMS) at Delhi University, and the…
JSW Energy has commissioned India’s largest green hydrogen manufacturing plant, marking its entry into commercial-scale hydrogen production. The facility, located next to the JSW Steel plant in Vijayanagar, Karnataka, has been developed under Tranche I of the Production Linked Incentive (PLI) scheme. The plant will supply green hydrogen directly to JSW Steel’s direct reduced iron…
The Adani Group has announced its entry into the Battery Energy Storage Systems (BESS) sector with a 1,126 MW / 3,530 MWh project at Khavda, Gujarat. The facility, comprising more than 700 BESS containers, will be India’s largest energy storage installation and among the largest single-location deployments globally. Commissioning is scheduled for March 2026. The…
Prozeal Green Energy Limited has entered into a power purchase agreement (PPA) with Grasim Industries Limited to develop a 70 MW wind–solar hybrid project. The capacity includes 49.5 MW in Gujarat and 20.5 MW in Andhra Pradesh. The project underscores Prozeal’s strategy to expand its portfolio in integrated renewable solutions, combining wind, solar, battery energy…
ReNew Energy has received $331 million in debt financing from the Asian Development Bank (ADB) to develop a large-scale clean energy project in Andhra Pradesh. The financing includes up to $291 million in local currency from ADB’s ordinary capital resources and $40 million from the ADB-administered Leading Asia’s Private Infrastructure Fund 2. The loan forms…
RDB Infrastructure and Power Limited has signed a memorandum of understanding (MoU) with NRG Renewable Resources Private Limited to develop a 51 MWac solar power project in Maharashtra. The project, valued at Rs 2.77 billion, will be executed across six locations in the state. Work is expected to begin within seven days of receiving the…