The Government of Goa has introduced a State Subsidy Scheme for rooftop solar systems, providing eligible consumers with financial support in addition to the Central Financial Assistance (CFA) available under the PM Surya Ghar: Muft Bijli Yojana. The scheme is intended to increase rooftop solar adoption, reduce dependence on conventional electricity sources and enable consumers…
Alpex Solar reported a mixed Q1 FY27 performance, with consolidated revenue from operations rising 32.4% year-on-year to Rs 503.42 crore, while profit after tax (PAT) declined 5.7% to Rs 39.87 crore. Revenue was Rs 380.32 crore in Q1 FY26 but fell 25.1% sequentially from Rs 671.96 crore in Q4 FY26. PAT also declined from Rs…
NTPC Simhadri Thermal Power Station has planned a pilot project to evaluate indigenous Iron-Air Battery technology for Long-Duration Energy Storage (LDES) applications under utility operating conditions. The project will be implemented by Atal Incubation Centre – Anna University (AIC-AU) at NTPC Simhadri, with Meine Electric serving as the technology partner. The pilot will assess the…
Tata Power and the Indian Institute of Technology Bombay (IIT Bombay) have signed a Master Research Agreement (MRA) to establish a long-term partnership focused on developing and commercialising next-generation energy technologies. The agreement was formalised at the IIT Bombay campus in the presence of Dr. Praveer Sinha, Chief Executive Officer & Managing Director of Tata…
Saatvik Solar Industries Private Limited has signed a Memorandum of Understanding (MoU) with the Government of Odisha to establish a 3.6 GW solar cell manufacturing facility at Gopalpur in Ganjam district. The agreement was formalised with the Industrial Promotion and Investment Corporation of Odisha Limited (IPICOL) and will expand Saatvik’s manufacturing presence in the state….
The Central Electricity Regulatory Commission (CERC) has established a uniform procedure for allowing additional time to developers that fail to meet prescribed milestones for connectivity to the inter-State Transmission System, subject to payment of milestone extension charges. In its order dated 14 August 2026, CERC laid down eligibility conditions and compensation rates for delays in…
The major grid disturbance at the Khavda Renewable Energy complex on May 13, 2026, which caused the largest single-event generation loss in the history of the Indian grid, is expected to increase tendering for grid stability solutions, according to industry participants and transmission experts. The incident occurred at 14:09 hrs and resulted in the complete…
The Central Government has released draft Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Rules, 2026, alongside draft SHANTI Regulations, 2026 issued by the Atomic Energy Regulatory Board (AERB), proposing a unified legal and regulatory framework for India’s civilian nuclear energy sector. The Department of Atomic Energy (DAE) has invited suggestions and…
Power Grid Corporation of India Limited (POWERGRID) expects the government’s estimated Rs 7.9 lakh crore transmission capital expenditure target through 2035–36 to be bid out over the next three to four years, with Rs 1.19 lakh crore of projects already in the bidding pipeline. Speaking at POWERGRID’s Q1 FY27 earnings webinar, Chairman and Managing Director…
PFC Consulting Limited (PFCCL), the Bid Process Coordinator, has qualified seven bidders for the tariff-based competitive bidding process for a major transmission system in Gujarat. The project will integrate renewable energy projects in the Jam Khambhaliya Renewable Energy Zone (REZ) Phase II, with 5,500 MW capacity, and Jamnagar Phase-I, with 1,000 MW capacity. The Inter-State…