The Lower Sileru Hydro Electric Project in Andhra Pradesh has achieved another construction milestone with the successful lowering of the Unit-5 stator. The activity was carried out by PES Engineers Pvt. Ltd. and Shirdi Sai Electricals Ltd., with the 220 MT stator safely positioned as part of the ongoing expansion of the hydroelectric station. The…
Advait Energy Transitions Limited (formerly Advait Infratech Limited) has secured four turnkey contracts from Paschim Gujarat Vij Company Limited (PGVCL) for the conversion of existing overhead 11 kV HT and LT line networks into underground cable networks with ring main systems across multiple locations in Gujarat. The combined value of the four contracts is approximately…
TotalEnergies has completed the divestment of its distributed solar portfolio of approximately 170 MW as part of a strategy to focus on large utility-scale solar and wind projects. The portfolio, comprising mainly rooftop solar installations across France, Belgium, the Netherlands, Spain, Portugal, the United Kingdom and Luxembourg, has been acquired by Amarenco and AMPYR Distributed…
The Ministry of New and Renewable Energy (MNRE) has extended the timeline for self-certification of solar photovoltaic (SPV) inverters with capacity exceeding 200 kW until December 31, 2026. The extension was notified through the Official Gazette on July 8, 2026, citing limited availability of testing facilities and the need to provide manufacturers additional time to…
Serentica Renewables has secured debt financing of up to USD 345.1 million from a consortium of lenders led by the Asian Development Bank (ADB) to develop and refinance a solar-wind hybrid project in Koppal, Karnataka. The financing has been raised through the company’s special purpose vehicle, Serentica Renewables India 1 Private Limited (SRI 1). Financing…
Konstec Engineers Limited has entered into a Joint Venture (JV) agreement with Hindustan Construction Company Limited (HCC) to jointly bid for and execute nuclear infrastructure projects in India. The JV has been formed to undertake Engineering, Procurement and Construction (EPC) services for nuclear infrastructure projects, including the design, engineering, procurement, construction, installation, testing and commissioning…
The World Bank’s Board of Executive Directors has approved a financing package to support India’s PM Surya Ghar: Muft Bijli Yojana programme, which aims to accelerate rooftop solar adoption among 10 million rural and urban households. According to the World Bank, the programme is expected to expand access to clean energy, reduce household electricity costs…
Havells India Limited has announced a collaboration with Norway-based Pixii AS to develop and introduce Battery Energy Storage Systems (BESS) for the Indian market. The partnership marks Havells’ entry into the energy storage sector and will focus on solutions for residential, commercial and industrial customers. Phased localisation plan Under the collaboration, the companies will follow…
BlackSoil has announced the acquisition of the solar financing business of Credit Fair, a B2B2C green energy financing platform focused on rooftop solar. The transaction, which is subject to necessary approvals, marks BlackSoil’s entry into India’s renewable energy financing sector. The acquisition includes Credit Fair’s solar financing business, management team, technology platform, brand and operating…
Power Grid Corporation of India Limited (Powergrid) has been declared the successful bidder for the interstate transmission project titled “Augmentation at Bhadla-III, Ramgarh PS and Kanpur (PG).” The company received the Letter of Intent (LoI) on July 9, 2026. The project will be implemented on a Build, Own, Operate and Transfer (BOOT) basis through the…