Websol Energy System has entered an MoU with Linton Crystal Technologies to assess PV ingot and wafer manufacturing in India. The plan includes the purchase of ingot and wafer production equipment from Linton and the transfer of technical support and training to Websol’s team. The collaboration aims to lower dependence on imported ingots and wafers…
BNC Power Projects Limited has received three contracts from NTPC for the switchyard package of the 2×800 MW Gadarwara super thermal power project, stage II in Madhya Pradesh. The combined value is about Rs 4.06 billion. The first order is valued at Rs 1.09 billion and covers ex works supply of equipment, materials, and mandatory…
IndiGrid has signed definitive agreements to acquire Gadag Transmission Limited (GTL), an ISTS project in Karnataka, for an enterprise value of about Rs 372 crore. The deal excludes net working capital and cash adjustments and includes an earn out linked to Change In Law, availability, and bilateral billing, payable only if recovered. GTL is a…
H.G. Choraniya Bess, a subsidiary of HG Infra Engineering, has signed a battery energy storage purchase agreement with Gujarat Urja Vikas Nigam Limited for a 300 MW/600 MWh BESS project. The company secured this capacity in GUVNL’s Phase VI auction for 500 MW/1,000 MWh of BESS held in April 2025. The project will be executed…
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…
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…
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….
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….
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…
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…