ZF Wind Power, a business unit of ZF Group, has signed a memorandum of understanding (MoU) with the Tamil Nadu government to expand its manufacturing facility in Coimbatore with an investment of Rs 175 crore. The expansion will increase manufacturing capacity for wind turbine gearboxes and support rising demand for wind energy equipment in India…
REC Power Development and Consultancy Limited (RECPDCL) has shortlisted five bidders for development of the transmission system for evacuation of 6 GW of solar power from Rajasthan Renewable Energy Zone (REZ) Phase-IV, Part-5, under the Barmer Complex. The project, titled “Transmission system for evacuation of power from Rajasthan REZ Ph-IV (Part-5: 6 GW) [Barmer Complex]…
SWELECT Energy Systems Limited reported a 362.5% year-on-year increase in standalone profit after tax (PAT) to Rs 1,867.81 lakh for the quarter ended 30 June 2026, supported by higher revenue and cost controls. Standalone revenue from operations increased 82% year-on-year to Rs 11,948.55 lakh, while total income rose 71.2% to Rs 13,085.86 lakh. Standalone earnings…
The Odisha Cabinet has approved amendments to the Odisha Renewable Energy Policy (OREP), 2022, and the Odisha Pumped Storage Project (PSP) Policy to accelerate renewable energy development, improve investor confidence and support affordable green power in the state. The OREP amendments remove the existing 500 MW cumulative cap on wind power projects allocated under the…
Bharat Heavy Electricals Limited (BHEL) and Norway-based Hystar AS have signed a Strategic Collaboration Agreement to enable phased local manufacturing of proton exchange membrane (PEM) electrolyser systems for green hydrogen projects in India. The partnership combines Hystar’s high-efficiency PEM electrolyser technology with BHEL’s engineering, manufacturing and project execution capabilities. It is intended to establish a…
Inox Clean Energy Limited, the integrated renewable energy platform of the INOXGFL Group, has secured an investment commitment of Rs 1,500 crore from the Motilal Oswal Group, with an initial tranche of Rs 1,000 crore already completed. The investment has been raised through Compulsorily Convertible Debentures and will support Inox Clean Energy’s growth plans, with…
SPML Infra Limited has completed Phase-I of its battery energy storage system (BESS) manufacturing facility at SUPA MIDC in Pune, Maharashtra, comprising a 2.5 GWh assembly line. The company is progressing with IEC/UL certifications for battery packs to be supplied against its NTPC order and is targeting billing in Q4 FY27, subject to necessary approvals….
Oswal Pumps Limited has received a letter of award from North Bihar Power Distribution Company Limited (NBPDCL) for the design, supply and installation of 20 MW of grid-connected rooftop solar capacity across 18,089 consumer sites in the Darbhanga Circle of Bihar. The project is being implemented under the PM Surya Ghar – Muft Bijli Yojana…
Solex Energy Limited has received a work order worth Rs 42.47 crore, including taxes, from a domestic private limited company engaged in the power and electricity sector for the supply of N-Type TOPCON 620Wp glass-to-glass (G12R) solar photovoltaic (PV) modules. The order is scheduled for execution in October 2026 and adds to Solex Energy’s recent…
India is targeting the development and operationalisation of at least five indigenous Small Modular Reactors (SMRs) by 2033 as part of its broader plan to expand nuclear power capacity to 100 GWe by 2047. Minister of State for Personnel, Public Grievances & Pensions and Prime Minister’s Office, Dr Jitendra Singh, stated this in a written…