India | News

Toshiba to invest Rs 562 crore in Telangana to expand T&D manufacturing

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Toshiba Transmission & Distribution Systems (India) (TTDI) will invest Rs 562 crore to expand its manufacturing capacity in Telangana.  The announcement came after TTDI signed a memorandum of understanding (MoU) with the Telangana government during a ceremony in Tokyo. The event was attended by Telangana Chief Minister Anumula Revanth Reddy and Hiroshi Furuta, Chairman and Managing Director of TTDI. The investment is expected to create over 250 direct jobs over the next three years, starting…

India | News

Uttar Pradesh targets 8 lakh rooftop solar units by March 2027

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Uttar Pradesh is stepping up its solar push. The state plans to install 8 lakh rooftop solar units by March 2027 under the PM Surya Ghar Yojana. The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) is leading the effort. For the current financial year, the target is 2.65 lakh units. To stay on track, the state is aiming for 22,000 installations every month. The goal is to boost solar energy use in homes…

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Punjab releases draft green hydrogen policy targeting 100 ktpa by 2030

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The Punjab Energy Development Agency has released a draft green hydrogen policy to build a production capacity of 100 kilo tonnes per annum (ktpa) of green hydrogen and ammonia by 2030. The policy proposes extending incentives from the “Punjab Industrial and Business Development Policy 2022” to new and expanding green hydrogen and ammonia projects. It also highlights regulatory support under the “New & Renewable Sources of Energy Policy 2012”, including full exemption from electricity duty…

India | News

KP Energy commissions 23.1 MW wind project for ABREL in Bhavnagar

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KP Energy Limited commissioned a 23.1 MW wind power project in Bhavnagar, Gujarat on April 17, 2025. The project includes 11 S120 wind turbine generators (WTGs), each with a rated capacity of 2.1 MW, mounted on Hybrid Lattice Tubular (HLT) towers. The project was awarded in October 2023 by Aditya Birla Renewable Energy Limited (ABREL) as a Balance of Plant (BoP) package. KP Energy was responsible for engineering, procurement, construction, and commissioning (EPCC), along with…

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Centre inaugurates 975 MW solar project by ReNew in Jaisalmer

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The Central government inaugurated the 975 MW/1,300 MWp Rajasthan Grid-Connected Solar PV Power Project (Tranche IV) in Jaisalmer, Rajasthan, on April 17, 2025.  The project has been developed by ReNew and is spread across multiple villages in Pokran and Bhaniyana tehsils. The project was awarded under SECI’s Tranche IV auction held in March 2021. ReNew Power won 600 MW capacity, while ACME Solar Holdings Limited secured 375 MW. Both bids were at a tariff of…

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Blupine’s SPV signs 25-year solar PPA with SECI for 150 MW project in Rajasthan

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Blupine Energy’s special purpose vehicle, Solarcraft Power India 17 Private Limited, signed a power purchase agreement with the Solar Energy Corporation of India (SECI) on April 17, 2025. The agreement is valid for 25 years and covers the development of a 150 MW Inter-State Transmission System (ISTS) connected solar power project with energy storage in Bikaner, Rajasthan. The project is part of SECI’s Tranche-XVII tender. It includes a storage system to support grid stability and…

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PGCIL Declares COD for Western Region Expansion Scheme-XXVII

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Power Grid Corporation of India Limited (PGCIL) has declared the Commercial Operation Date (COD) for the Western Region Expansion Scheme-XXVII (WRES-XXVII) as April 16, 2025. The project was physically commissioned earlier, on March 26, 2025. Designed to strengthen the transmission network in Chhattisgarh, the scheme aims to improve power import capability into the state, enhance supply reliability to the Dhamtari substation of Chhattisgarh State Power Distribution Company Limited (CSPTCL), and ease the load on the…

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IREDA and Waaree Renewable report profit growth in 2024–25

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Indian Renewable Energy Development Agency Limited (IREDA) has posted a net profit of Rs 16.98 billion for 2024–25. This marks a 35.62 per cent rise from Rs 12.52 billion in the previous year. The company’s total income increased by 36.07 per cent to Rs 67.56 billion, up from Rs 49.65 billion in 2023–24. Waaree Renewable Technologies Limited also reported a significant jump in profitability. Its net profit rose to Rs 2.29 billion in 2024–25, up…

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PFCCL forms three new SPVs for interstate transmission projects

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PFC Consulting Ltd (PFCCL) has incorporated three wholly-owned subsidiaries to act as special purpose vehicles (SPVs) for upcoming interstate transmission system (ISTS) projects. These schemes are being developed under the tariff-based competitive bidding (TBCB) framework. Each SPV will be transferred to the selected transmission service provider after the bidding process. All three projects aim to improve grid connectivity and support renewable energy (RE) integration. The first project, “Augmentation of transformation capacity and implementation of line…

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Ministry of Mines announces guidelines for Centres of Excellence under NCMM

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The Ministry of Mines has released detailed guidelines to set up Centres of Excellence (CoEs) under the National Critical Mineral Mission (NCMM). The goal is to push forward research and technology development in India’s critical minerals sector. The CoEs will focus on end-to-end research—from extraction and beneficiation to processing. The idea is to move technologies closer to real-world use by supporting higher technology readiness levels and pre-commercial demonstrations. These centres will be chosen from reputed…