IRCON Renewable Power Limited (IRPL) has commissioned 75 MW solar capacity under Lot-4 of the 500 MW Grid-Connected Solar PV Power Project (CPSU Tranche-III) at Pavagada, Karnataka, on May 2, 2025. This brings the total commissioned capacity under the project to 225 MW. The project is part of the 12,000 MW CPSU Scheme Phase-II and…
Senvion India has won a contract from KP Energy Limited to supply 20 wind turbine generators (WTGs) of its 4.2M160 model, part of the 4XM platform. The turbines will be deployed at a hybrid power project in Bharuch, Gujarat. Deliveries are set for the fourth quarter of FY 2025-26. Senvion India will supply, oversee installation,…
NTPC Green Energy Limited has commissioned 75 MW of solar power capacity, raising its operational output to 225 MW under its 500 MW solar power project. The implementation is being carried out by IRCON Renewable Power Limited, a joint venture of Ayana Renewable Power Private Limited. In a parallel development, Zelestra Energy (formerly Solarpack Corporación…
Cygni Energy has inaugurated a fully automated battery energy storage system (BESS) gigafactory in Hyderabad with an annual production capacity of 4.8 GWh. The facility, developed with an investment of over Rs 1 billion, is located at E-Mobility Valley in Maheshwaram’s electronics manufacturing cluster. Spanning 160,000 sq. ft., the Phase-I plant will manufacture high-capacity battery…
The Indian government has extended its directive requiring imported coal-based (ICB) power plants to operate at full capacity until 30 June 2025. This decision comes in response to the expected high electricity demand during the summer season. The mandate, which applies to ICB plants including those operated by Adani Power, Mundra Power, and Essar Power,…
Indian Oil Corporation Limited (IOCL) has approved an equity investment of Rs 10.86 billion in Terra Clean Limited, its wholly-owned subsidiary. The funding will support the development of 4,300 MW of renewable energy (RE) capacity across India. The approval was given during the Board of Directors meeting held on 30 April 2025. This new capacity…
Inox Green Energy Services Limited has secured a contract to provide operations and maintenance (O&M) services for 675 MWp of solar projects across multiple Indian states. The projects belong to one of India’s leading renewable energy companies. This marks Inox Green’s entry into the solar O&M segment. The company, which currently manages over 4 GW…
Adani Power Limited has reported a net profit of Rs 127.50 billion in 2024–25, a decline of 38.78 percent from Rs 208.29 billion recorded in the previous year. Total income fell 2.28 percent to Rs 589.06 billion in FY25 from Rs 602.81 billion in FY24. However, one source indicated a 10 percent growth in revenue…
The Madhya Pradesh cabinet has approved a 2,000 MW solar park and a 1,000 MW energy storage project to enable seasonal power sharing with Uttar Pradesh. Electricity will be supplied to Madhya Pradesh during its Rabi season (October–March) and to Uttar Pradesh during the Kharif season (April–September), aligning with each state’s peak agricultural demand. Madhya…
Evren has received a USD 100 million investment from ALTÉRRA to develop around 11 GW of solar, wind, and battery storage projects in Rajasthan and Andhra Pradesh. The investment will support the development and construction of these large-scale renewable energy assets. This is ALTÉRRA’s first direct investment in the Global South. The funding comes through…