Larsen & Toubro (L&T) has received orders from the Nuclear Power Corporation of India Ltd (NPCIL) and multiple contracts for grid infrastructure projects in India, the United Arab Emirates (UAE), and Oman. The Heavy Civil Infrastructure business of L&T will execute the mechanical package for Units 5 and 6 of the Kudankulam Nuclear Power Project…
Serentica Renewables, backed by KKR, has signed a binding agreement to acquire the Indian solar business of Norway-based Statkraft. The deal value was not disclosed, but sources estimate the enterprise value at around Rs 2,000 crore. The acquisition will expand Serentica’s operational capacity to 1.5 GW, supporting its plan to reach 17 GW by 2030….
The Ministry of New and Renewable Energy (MNRE) on 15 September 2025 issued the National Policy on Geothermal Energy to guide exploration, development, and deployment of geothermal resources in the country. The vision is to establish geothermal energy as a central part of India’s renewable portfolio. The policy outlines goals to expand research, improve exploration…
Transrail Lighting Ltd has announced fresh orders worth Rs 421 crore, including a major transmission line contract in a new African country. With these additions, the company’s order inflows for FY26 have crossed Rs 3,500 crore as of August 2025, marking a 78 per cent increase compared to the same period last year. Managing Director…
Insolation Green Energy Pvt Ltd, a wholly-owned subsidiary of Insolation Energy Ltd, has secured a mandate to set up more than 226 MW of solar photovoltaic capacity across 135 sites in Rajasthan. According to a company release, the subsidiary has received a letter of intent covering design, survey, installation, testing, commissioning, and 25 years of…
NTPC Green Energy Limited (NGEL) has announced that 100 MW (Lot-6) of capacity from IRCON Renewable Power Limited’s (IRPL) 500 MW project has been declared under commercial operation, effective 17 September 2025. With this addition, IRPL has reached 400 MW of cumulative commissioned capacity. IRPL is a joint venture in which Ayana Renewable Power Private…
Vedanta Limited has announced that its wholly-owned subsidiary, Talwandi Sabo Power Limited (TSPL), has resolved long-standing disputes with SEPCO Electric Power Construction Corporation through a settlement agreement. The agreement was signed on 11 September 2025 and provides for full and final closure of all claims and counterclaims between the two parties. It also covers the…
Indian Metals & Ferro Alloys Limited (IMFA) has terminated earlier renewable power arrangements with two JSW Green Energy entities and entered into fresh agreements with JSW Renew Energy Twelve Limited to source 70 MW of hybrid renewable power. The previous power purchase agreement (PPA) and share subscription and shareholders agreement (SSHA), signed in January and…
Vikram Solar Limited has announced a contract to supply 200 megawatts (MW) of high-efficiency solar modules to AB Energia Solutions Private Limited. The modules, rated at 590 watts peak (Wp) and above, will be deployed across Maharashtra, Madhya Pradesh, and Gujarat. Deliveries will begin in September 2025 and continue through March 2026, according to the…
Waaree Energies Limited has announced the incorporation of three step-down subsidiaries through its wholly owned unit, Waaree Forever Energies Private Limited. According to the company’s filing on September 12, 2025, Waaree Forever Energies Four Private Limited and Waaree Forever Energies Five Private Limited were incorporated on September 10, with certificates received on September 11. Waaree…