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India | News | Renewable Energy

ADB approves USD 650 million loan for India’s rooftop solar program
By December 4, 2025December 4, 2025

ADB has approved a USD 650 million policy-based loan to support India’s plan to expand rooftop solar and deliver clean, affordable electricity to 10 million households by 2027. The funding is part of Subprogram 1 of the Accelerating Affordable and Inclusive Rooftop Solar Systems Development Program, which is linked to the Pradhan Mantri Surya Ghar Muft Bijli Yojana. ADB Country Director for India Mio Oka said the initiative addresses financing and regulatory hurdles that have…

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Finance | India | News

IEX records 17.7% rise in November power trade and IGX clears IPO move
By December 4, 2025December 4, 2025

Indian Energy Exchange Limited reported a 17.7 per cent year-on-year rise in electricity trading volumes in November 2025, with total transactions reaching 11,409 MU. The company also confirmed that Indian Gas Exchange Limited has secured board approval to begin its IPO process. IEX saw varied performance across its market segments. The Day Ahead Market recorded 5,668 MU, which was a slight 0.3 per cent increase from a year earlier. The Real Time Market reached 4,233…

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Generation | India | News

NHPC synchronises 250 MW Unit 2 of Subansiri Lower HEP with the national grid
By December 4, 2025December 4, 2025

NHPC Limited has achieved test synchronisation of the 250 MW Unit 2 of the 2,000 MW Subansiri Lower Hydroelectric Project with the national grid on 2 December 2025. The company expects the commercial operation date for Unit 2 by this month. The synchronisation marks a key step in the phased commissioning of the eight-unit project. NHPC leadership, including CMD Bhupender Gupta, Government Nominee Director Mohammad Afzal, directors from personnel, projects, technical and finance, independent directors…

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India | News | Renewable Energy

Pace Digitek subsidiary wins Rs 997 million BESS supply contract
By December 4, 2025December 4, 2025

Pace Digitek Limited said its material subsidiary Lineage Power Private Limited has secured a Rs 997.10 million contract from Advait Greenergy Private Limited for an LFP Battery Energy Storage System and associated equipment. Lineage Power received the domestic order on December 03, 2025. The scope covers the supply of an LFP Battery Energy Storage System. The delivery plan requires the first 50 per cent of the BESS DC blocks to reach the buyer by March…

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India | Leadership | News

Vikram Solar names Arun Mittal as CEO of VSL Powerhive
By December 4, 2025December 4, 2025

Vikram Solar Limited has named Arun Mittal as the CEO of its wholly owned subsidiary VSL Powerhive Private Limited. The appointment strengthens the company’s entry into the energy storage market at a time when its solar manufacturing capacity has reached 9.5 GW. VSL Powerhive has been set up to focus on battery energy storage systems as part of Vikram Solar’s plan to operate as an integrated energy transition company. Mittal brings more than three decades…

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Global | News

TEPCO seeks approval to revive world’s largest nuclear plant
By December 3, 2025December 3, 2025

A regional assembly in Japan has opened discussions on a partial restart of the Kashiwazaki-Kariwa Nuclear Power Plant, which has been offline since the 2011 Fukushima disaster. Tokyo Electric Power Co. (TEPCO), which operates both sites, is seeking approval to bring Unit 6 back online to support Japan’s energy security strategy. The plant sits about 300 kilometres north of Tokyo in the coastal areas of Kashiwazaki city and Kariwa village. TEPCO President Tomiaki Kobayakawa said…

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India | News | Renewable Energy

APTRANSCO awards 1,000 MW BESS tender with VGF support
By December 3, 2025December 3, 2025

The Transmission Corporation of Andhra Pradesh Limited (APTRANSCO) has announced the winners of its VGF tender for 1,000 MW and 2,000 MWh standalone BESS projects. The tender was issued in August 2025 under a single-stage, two-envelope system that required both technical and financial bids. SVR Electro Projects secured 25 MW and 50 MWh at a tariff of Rs 148,000 per MW per month. Ecoren Energy won 275 MW and 550 MWh, Bhagwati Group took 75…

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India | News | Renewable Energy

Envision Energy India wins 300 MW wind turbine order
By December 3, 2025December 3, 2025

Envision Energy India has received a 300 MW wind turbine order from UPC Renewables India for upcoming projects in Karnataka. The order covers 60 wind turbine generators for installation at the Bijapur site. The first phase totals 100 MW and includes 20 turbines scheduled for delivery early next year. This phase is tied to a power supply agreement with SJVN Limited and is planned to begin operations in January 2027. Once all 60 turbines are…

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India | News | Renewable Energy

SWREL reports its largest domestic solar EPC win of the fiscal year
By December 3, 2025December 3, 2025

Sterling and Wilson Renewable Energy Limited has reported major new orders and a strategic partnership with Adani Green Energy Limited. The company shared the update through a press release on 01 December 2025 and said the development strengthens its position in India’s renewable energy EPC market. SWREL stated that it has received orders worth about Rs 1,381 crore, excluding taxes, for the Balance of System package for three solar projects in the Khavda Renewable Energy…

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India | Leadership | News

REC promotes Hemant Kumar as Executive Director
By December 3, 2025December 3, 2025

REC Limited has promoted Shri Hemant Kumar to Executive Director with effect from 02 December 2025. The company announced the elevation in a filing to the stock exchanges. Shri Kumar previously served as Chief General Manager of Finance and Accounts. He holds a Master’s degree in Finance and a Bachelor’s degree in Science with Physics Honours. The new role places him one level below the Board. REC said the appointment is an internal promotion and…

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