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India | News

Kalpataru Projects secures Rs 23.06 billion in new orders
By March 10, 2025March 10, 2025

Kalpataru Projects International Limited (KPIL) and its international subsidiaries have secured new orders worth Rs 23.06 billion. The contracts include transmission and distribution (T&D) projects in overseas markets and building projects in India. With these latest deals, KPIL’s total order intake for 2024-2025 has reached approximately Rs 225 billion. KPIL reported a net profit of Rs 1.4 billion for Q3 FY25, reflecting a 2.78 percent decline from Rs 1.44 billion in the same period last…

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India | News

Schneider Electric to set up 13.6 MW solar projects for Bisleri
By March 10, 2025March 10, 2025

Schneider Electric India Private Limited and Bisleri International Private Limited have signed an agreement to develop 13.6 MW of solar power projects across four states in India. Under the agreement, Schneider Electric will install solar power systems at Bisleri’s production facilities in Maharashtra, Tamil Nadu, Karnataka, and Uttar Pradesh. This initiative aligns with ‘Bisleri’s Greener Promise’ and aims to enhance the company’s sustainability efforts. The solar installations will span six major Bisleri plants, with Schneider…

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India | News

Lohum sets up 1,000 MTPA lithium refinery; plans IPO
By March 10, 2025March 10, 2025

Lohum has announced the establishment of a battery-grade lithium refinery with a capacity of 1,000 metric tonnes per annum (MTPA). The company has also begun producing value-added materials such as cathode active materials (CAM), which are essential for lithium-ion battery manufacturing. Lohum’s lithium recovery technology boasts over 90% efficiency, significantly surpassing the industry average of 60-70%. The company aims to achieve 99.99% purity with ongoing research and development. Additionally, Lohum plans to raise $200 million…

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Tata Power signs MoU with Andhra Pradesh for 7,000 MW green energy projects
By March 10, 2025March 10, 2025

Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power Company Limited, has signed a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh to develop up to 7,000 MW of renewable energy projects. Under this partnership, TPREL and the Andhra Pradesh government will explore solar, wind, and hybrid projects, with or without storage solutions. The agreement, signed in Amaravati, involves an estimated Rs 490 billion investment, making it one of the state’s…

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Dalmia Bharat subsidiary acquires 34.52% stake in solar power firm
By March 10, 2025March 10, 2025

Dalmia Cement (Bharat) Limited (DCBL), a wholly owned subsidiary of Dalmia Bharat Limited, has signed an agreement to acquire a 34.52% equity stake in Kilavikulam Rajalakshmi Solar Power Developer Private Limited. The acquisition, valued at Rs 30 million, will help DCBL source up to 10 MW of solar power as a captive consumer in Tamil Nadu. The solar power generated under this arrangement will be eligible for captive consumer status under the Electricity Act and…

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India | News

Shakti Pumps secures Rs 239.1 million order for solar water pumping systems
By March 10, 2025March 10, 2025

Shakti Pumps Limited has received a letter of award (LoA) from the Maharashtra Energy Development Agency (MEDA) to install 877 solar photovoltaic water pumping systems across Maharashtra. The project falls under Component B of the PM-KUSUM scheme for promoting solar energy in agriculture. The contract is valued at approximately Rs 239.1 million and is set for completion within 120 days. The scope of work includes designing, manufacturing, supplying, transporting, installing, testing, and commissioning the solar…

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Hariom Pipe wins 60 MW solar project in Maharashtra
By March 7, 2025March 7, 2025

Hariom Pipe Industries Limited (HPIL) has secured a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to develop 60 MW decentralised solar power projects under the Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0. The award was issued on March 4, 2025. The project involves developing, designing, engineering, procuring, constructing, commissioning, and maintaining solar plants. HPIL will also set up the evacuation infrastructure to deliver power to MSEDCL under Component C of…

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India | News

Datta Power wins bid for 112 MW wind project
By March 7, 2025March 7, 2025

Adyant Enersol Private Limited, a subsidiary of Datta Power Infra Private Limited, has secured a 112 MW wind power project under the 600 MW Inter State Transmission System (ISTS)-Connected Wind Power Project (Tranche-II) by SJVN. The company won the bid with a tariff of Rs 3.81 per kWh. SJVN invited bids in April 2024 to select wind power developers for setting up ISTS-connected wind projects across India under Tranche-II. The total capacity under this tranche…

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Sapher partners with Punjab government for solar farm development
By March 7, 2025March 7, 2025

Sapher has partnered with the Punjab government to develop solar farms in high-potential locations such as Fazilka and Ferozepur. This initiative is being executed in collaboration with Punjab Generation Company, a wholly-owned subsidiary of the Punjab Energy Development Agency. The goal is to boost the state’s renewable energy capacity while addressing challenges associated with canal-based hydropower. We have been closely following Punjab’s renewable energy initiatives. This year, Solidus Techno Power Private Limited has signed an…

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CEA issues guidelines for fiber core usage in power sector communication
By March 7, 2025March 7, 2025

The Central Electricity Authority (CEA) has released comprehensive guidelines for the usage and sharing of fiber cores in Optical Ground Wire (OPGW) and Underground Fiber Optic (UGFO) cables in power systems. These guidelines provide a structured framework to enhance data exchange, real-time monitoring, and grid reliability. A key recommendation is uniform fiber allocation, ensuring dedicated cores for critical grid operations while permitting the commercial use of excess fibers. Entities must comply with CEA’s technical standards…

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