The Ministry of New and Renewable Energy (MNRE) has released the 39th revision of the Approved List of Models and Manufacturers (ALMM) for solar photovoltaic (PV) modules. Reliance Industries Limited has officially joined the ALMM list. Its new bifacial hetero-junction monocrystalline silicon (HJT) modules are now registered, with efficiencies reaching up to 23.12%. The listed…
The Multi Commodity Exchange of India Ltd. (MCX) has received approval from the Securities and Exchange Board of India (SEBI) to launch electricity derivatives contracts. This marks a major step in the evolution of energy trading in India. The launch is supported by both SEBI and the Central Electricity Regulatory Commission (CERC), reflecting a strong…
The Regional Conference for Northern States and Union Territories was held on 6 June in Chandigarh. Shri Manohar Lal, Union Minister of Power and Housing & Urban Affairs, chaired the meeting. With peak demand expected to rise to 446 GW by 2034–35, Shri Manohar Lal called for a balanced mix that includes nuclear generation. The…
Vikram Solar Limited has secured final approval from the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO). The IPO includes a fresh issue of equity shares worth up to Rs 15 billion and an offer for sale of up to 17.45 million equity shares by the promoter and promoter…
Oyster Renewable Energy has partnered with Jindal Stainless Limited to develop a 282 MW interstate transmission system (ISTS)-connected wind-solar hybrid project. The project will supply renewable power to Jindal Stainless’ manufacturing units. It will be built across two sites—Bhuj in Gujarat and Agar in Madhya Pradesh. The Bhuj site will host 99 MW of wind…
Vedanta Limited has scaled up its round-the-clock (RTC) renewable energy capacity to 1.03 GW through a combination of wind, solar, and pumped storage projects. This expansion is expected to reduce carbon emissions by over 6 million tonnes each year. As part of its decarbonisation plan, the company reported using 2.61 billion units of renewable energy…
Delta Electronics India has signed a 12-year power purchase agreement (PPA) to source wind power for its operations in Tamil Nadu. The deal covers 9.6 million units of wind-generated electricity annually. Ventus Energy Consultancy Private Limited facilitated the PPA. Power will be routed through Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO). Wind energy will…
Sembcorp Industries, through its wholly owned subsidiary Sembcorp Green Infra Pvt Ltd (SGIPL), has secured a 150 MW solar power project with a 300 MWh battery energy storage system (BESS) under SJVN’s 1.2 GW tender for ISTS-connected renewable energy projects. The project has been awarded via a Letter of Award from SJVN Ltd. Once commissioned,…
Techno Electric & Engineering Company Ltd has received a letter of intent from RailTel Corporation of India to develop a 10 MW data centre in Noida, Uttar Pradesh. The facility will be built on RailTel-owned land. The award is subject to conditions outlined in the letter of intent and will proceed upon signing of a…
The Ministry of Heavy Industries (MHI) has issued final guidelines for the “Scheme to Promote Manufacturing of Electric Passenger Cars in India.” The scheme supports India’s Make in India initiative and aims to attract global electric vehicle (EV) manufacturers. Approved applicants will be allowed to import completely built-up (CBU) electric four-wheelers (e-4W) at a reduced…