|

Reliance (Anil Ambani) to develop green energy projects in Bhutan

By

Anil Ambani-led Reliance Group has announced plans to collaborate with Druk Holding & Investments Ltd (DHI), the commercial arm of the Royal Government of Bhutan, to develop green energy projects, focusing on solar and hydropower initiatives. The partnership will also explore innovative green technologies to support Bhutan’s net-zero goals. Reliance Group has launched a new flagship company, Reliance Enterprises, jointly promoted by Reliance Infrastructure Ltd and Reliance Power Ltd, to promote investments in Bhutan’s renewable…

|

Adani Power signs agreement to acquire Dahanu thermal power station

By

Adani Power Limited (APL) has signed a business transfer agreement (BTA) with North Maharashtra Power Limited (NMPL) to acquire the Adani Dahanu thermal power station (ADTPS), which has a capacity of 2×250 MW (500 MW) in Dahanu, Maharashtra. With this acquisition, Adani Power’s total generation capacity will increase to 17,550 MW.

|

Kundan Green commissions Luni hydropower plant

By

Kundan Green Energy has commissioned its hydropower plant at Luni in Dharamshala district, Himachal Pradesh, in a record 24 months. With this addition, the company’s operating hydropower capacity reaches 85 MW. Kundan Green Energy operates four hydro plants in Sikkim, with three larger projects under construction. Including its solar and wind projects, the total installed capacity now stands at 120.5 MW. The Luni project, awarded in 2022, was developed with an investment of approximately Rs…

|

Adani Group merges two energy subsidiaries with Adani New Industries

By

Adani Group has merged two of its subsidiaries, Adani Infrastructure and Mundra Solar Technology, with Adani New Industries Limited (ANIL), a subsidiary of Adani Enterprises (AEL).  ANIL is expanding its solar manufacturing capabilities by setting up facilities to produce solar glass, aluminium frames, and backsheets. TotalEnergies holds a 25% equity stake in ANIL, while AEL owns the rest. Adani Infrastructure focuses on thermal and solar power projects, while Mundra Solar Technology manages electricity production and…

|

DDA allows DISCOMs to provide new electricity connections without reference to authority

By

The Delhi Development Authority (DDA) has granted permission to DISCOMs to provide new electricity connections in four categories, including urbanised villages and colonies regularised by the Municipal Corporation of Delhi (MCD), without requiring further approval from the DDA. This decision follows directions from Delhi LG VK Saxena, after representations from Delhi MPs, MLAs, and resident welfare associations. New connections will be allowed in areas where the DDA or other government agencies have previously issued No…

|

Vikram Solar files for Rs 15 billion IPO with SEBI

By

Vikram Solar Ltd has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) comprising a fresh issue worth up to Rs 15 billion and an offer-for-sale (OFS) of 17.45 million equity shares by its promoters. The face value of each equity share is Rs 10, with a reservation for eligible employees, offering them a discount in the subscription segment. The company may…

|

Nextracker opens India’s first Center for Solar Excellence in Hyderabad

By

Nextracker has inaugurated India’s first Center for Solar Excellence (CFSE) in Hyderabad, spanning 13 acres. The facility aims to advance solar tracker technology and accelerate the region’s energy transition. The CFSE includes a 30,000-square-foot lab, a solar tracker installation, and training facilities covering all aspects of a solar project, from design to operation and maintenance. The centre will collaborate with supply chain partners, customers, and third-party laboratories to develop, test, and commercialize proprietary solar technologies,…

|

GreenH Electrolysis unveils 1 MW PEM electrolyser for India’s first hydrogen train

By

GreenH Electrolysis, a joint venture between H2B2 Electrolysis Technologies and GR Promoter Group, has introduced its first 1 MW PEM electrolyser at its Jhajjar, Haryana manufacturing plant. The electrolyser will be installed at a hydrogen production and refuelling station in Jind, Haryana, supplying hydrogen for India’s first hydrogen-powered train under the Indian Railways’ “Hydrogen for Heritage” initiative. The electrolyser, running continuously, will produce approximately 430 kg/day of hydrogen with a delivery pressure of 40 bar…

|

REC to finance Rs 3 trillion for infrastructure projects in Rajasthan

By

REC Limited has signed a Memorandum of Understanding (MoU) with the Government of Rajasthan during the “Rising Rajasthan Investors Meet.”  As part of the agreement, REC will increase its annual financing from Rs 200 billion to Rs 500 billion for power and non-power infrastructure projects in the state. The six-year MoU, running until 2030, is valued at Rs 3 trillion.