The Ministry of New and Renewable Energy (MNRE) has issued a clarification allowing utility-scale and commercial & industrial (C&I) solar projects installed before June 1, 2026, to be commissioned while their applications for exemption from Approved List of Models and Manufacturers (ALMM) List-II requirements are under review. The move addresses concerns over projects that were…
The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change has recommended environmental clearance for the Indirasagar-Omkareshwar Pumped Storage Project (640 MW) in Madhya Pradesh. The project, to be developed by NHDC Limited, a joint venture between NHPC Ltd and the Government of Madhya Pradesh, involves an estimated investment of Rs…
Hindustan Zinc Limited has signed a Memorandum of Understanding (MoU) with Advantek Associates LLP and Aero Eagle Automobiles Private Limited to evaluate the use of green hydrogen and other clean energy solutions across its mining operations. The collaboration forms part of the company’s strategy to achieve Net Zero emissions by 2050 or earlier and will…
Asian Energy Services Limited (AESL) has secured an engineering, procurement, and construction (EPC) contract worth Rs 187.62 crore, including Goods and Services Tax (GST), from Gujarat State Electricity Corporation Limited (GSECL) for capacity enhancement of the coal handling plant at the Ukai Thermal Power Station in Gujarat. The contract marks AESL’s first major project award…
Yash Highvoltage Limited has approved a preferential issue of equity shares and convertible warrants aggregating up to approximately Rs 151 crore. The proposed fund raise is aimed at expanding the company’s transformer bushing manufacturing capabilities, particularly in the extra-high voltage segment. The proposal is subject to shareholder approval and other statutory and regulatory clearances. Issue…
Trom Industries Limited has received three purchase orders from South Bihar Power Distribution Company Limited (SBPDCL) for the development of 42 MW of grid-connected rooftop solar projects under the PM Surya Ghar – Muft Bijli Yojana (PMSG-MBY). The projects will be implemented across the Aurangabad, Biharsharif and Bhagalpur circles of SBPDCL and will cover a…
Five companies have qualified to participate in the commercial bidding stage for the “Augmentation at Bhadla-III, Ramgarh PS and Kanpur (PG)” interstate transmission project, which is designed to support evacuation of power from Rajasthan’s Renewable Energy Zones (REZ) under Phase III. REC Power Development and Consultancy Limited (RECPDCL), the Bid Process Coordinator, shortlisted the bidders…
The Gujarat Electricity Regulatory Commission (GERC) has issued draft regulations proposing a banking charge of Rs 1.00 per unit for green energy open access consumers from September 1, 2026 to March 31, 2027. The draft regulations also introduce a methodology for determining banking charges annually from FY 2027-28 onwards based on operational and market data….
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved six transmission schemes with a combined estimated cost of Rs 567.21 crore. The projects, approved on June 22, will strengthen the state’s transmission network, improve voltage stability and support growing electricity demand across multiple regions. The approved schemes will be implemented through the Regulated Tariff Mechanism…
Power Finance Corporation Limited (PFC) has informed the stock exchanges that its wholly owned subsidiary, Bihar Infrapower Limited, has been struck off from the register of companies by the Registrar of Companies under Section 248 of the Companies Act, 2013. The dissolution follows the closure of the Banka Ultra Mega Power Project (UMPP) in Bihar,…