NTPC Limited and NTPC Green Energy Limited have declared new solar capacities operational in Rajasthan and Gujarat, respectively. NTPC has commissioned 167 megawatts (MW) out of 245 MW at Plot-1 of its Nokh Solar PV Project (3×245 MW) in Rajasthan, effective 26 September 2025, 00:00 hours. The project is implemented under the Central Public Sector…
REC Limited and Power Finance Corporation Limited (PFC) have incorporated wholly-owned subsidiaries to develop transmission infrastructure for additional renewable energy (RE) capacity in Karnataka. Both companies will serve as Bid Process Coordinators (BPCs) under the Tariff Based Competitive Bidding (TBCB) framework. REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of REC, has formed Bellary…
Waaree Forever Energies Private Limited, a wholly-owned unit of Waaree Energies Limited, has incorporated Waaree Forever Energies Three Private Limited. The incorporation took place on September 24, 2025, and the certificate of incorporation was received on September 25, 2025. This follows earlier incorporations of three step-down subsidiaries this month. Waaree Forever Energies Four Private Limited…
Continuum Green Energy Holdings will acquire the remaining 26% stake in Continuum Green Energy from Clean Energy Investing (CEIL), giving it full ownership ahead of a planned initial public offering (IPO). The share purchase agreement was signed on September 23. With this acquisition, founders Vikash Saraf and Arvind Bansal will have 100% control of the…
CESC Limited will raise Rs 300 crore through 30,000 non-convertible debentures (NCDs) via private placement. Each debenture has a face value of Rs 1 lakh, is senior, secured, rated, unlisted, and carries a three-year tenure. The NCDs will offer a floating coupon of 3-month Treasury Bill rate plus 2.30% per annum, paid quarterly. In case…
Bharat Heavy Electricals Limited (BHEL) has informed that the Department of Investment and Public Asset Management (DIPAM) did not approve the proposed joint venture (JV) with REC Power Development and Consultancy Limited (RECPDCL). The board communicated this decision in its meeting on September 25, 2025, following a previous clarification issued on May 10, 2025. The…
Oil and Natural Gas Corporation (ONGC) plans to expand its renewable energy portfolio to 2.5–3 gigawatts (GW) by 2030, Executive Director Satyan Kumar said on September 24, 2025. The company currently holds about 2.5 GW of renewable capacity. Kumar also said ONGC intends to import 3 million tons of liquefied natural gas (LNG) per year…
Maharashtra State Electricity Distribution Company Limited (MSEDCL) has introduced an online platform to approve requests for raising electricity load up to 157 kilowatts (kW) for industrial, commercial, domestic, and other low-voltage consumers. The system allows approvals to be completed within 24 to 48 hours after fee payment. Most cases do not require additional infrastructure, allowing…
NTPC Limited is preparing to acquire nuclear reactors in large numbers as part of India’s strategy to install 100 gigawatts (GW) of nuclear power capacity by 2047. The state-run utility expects to account for nearly one-third of this planned capacity. The company is considering high-capacity reactor units in the range of 700 MW to 1,730…
The Ministry of New and Renewable Energy (MNRE) has released an updated assessment of India’s ground-mounted solar photovoltaic (PV) capacity and launched a new training initiative on solar manufacturing. Union Minister for New and Renewable Energy Pralhad Joshi announced the two programmes in New Delhi on 23 September 2025. The report titled Solar PV Potential…