Saatvik Green Energy Limited will invest Rs 31.5 billion to expand its solar manufacturing operations in Odisha. The expansion will be carried out in two phases and is aimed at strengthening the company’s domestic production capacity for solar modules and cells. In the first phase, the company plans to establish 4 GW of module capacity…
The Australian federal government has announced the results of Tender 4 under its Capacity Investment Scheme, selecting 20 renewable and storage projects with a total capacity of 6.6 gigawatts. The outcome exceeds the tender’s original 6-gigawatt target and marks another step toward Australia’s goal of sourcing 82% of its electricity from renewables by 2030. Twelve…
The Ministry of Coal has issued vesting orders for five coal blocks under the commercial coal block auction process through its nominated authority. The blocks include Tandsi III, Tandsi III Extension, Senduri, West of Tubed, Chitarpur (revised), and Phutamura. Four of these are partially explored, while one is fully explored. The projects are expected to…
Maharashtra State Electricity Distribution Company Limited (MSEDCL) has signed a statement of intent with the Global Energy Alliance for People and Planet (GEAPP) to enhance the state’s power infrastructure using artificial intelligence (AI) and energy storage solutions. The partnership will focus on digitisation, predictive analytics, and better integration of distributed renewable energy resources. It includes…
Crompton Greaves Consumer Electricals Limited has received a rooftop solar order worth Rs 520 million in Telangana, marking its commercial entry into the large-scale rooftop solar segment. The company plans to leverage its distribution network and brand presence to expand in the rooftop solar and solar pump markets. Project sizes in this segment range between…
Rajesh Power Services Limited (RSPL) has signed multiple memorandums of understanding (MoUs) with the Gujarat government at the Vibrant Gujarat Regional Conference (VGRC) 2025, covering projects worth Rs 47.54 billion. Under the agreements, RSPL will undertake turnkey projects to convert high-tension (HT) overhead lines into underground cable networks across the state. The projects are expected…
The Punjab Energy Development Agency (PEDA) has signed a memorandum of understanding (MoU) with the Indian Institute of Science (IISc), Bengaluru, to launch a pilot project for producing green hydrogen from biomass, specifically paddy straw. The initiative aims to reduce stubble burning, improve air quality, and create additional income opportunities for farmers. It is also…
Toshiba JSW Power Systems, the Indian subsidiary of Toshiba, has secured a contract from NTPC Limited to deploy a centralised monitoring platform across 165 thermal and renewable energy facilities. The project marks NTPC’s first adoption of a centralised plant monitoring solution. The platform will be installed at NTPC-owned and joint venture sites, including projects still…
The Asian Infrastructure Investment Bank (AIIB) will provide $52m in sovereign-backed financing to Sri Lanka to support the Kerawalapitiya-Port L Second Transmission Line Project, aimed at strengthening renewable energy integration and grid stability in the Greater Colombo area. The project covers the end-to-end delivery of a 220kV single-circuit underground cable system, including design, procurement, construction,…
The Ministry of Power (MoP) has circulated the Draft Electricity (Amendment) Bill, 2025, proposing major changes to the Electricity Act, 2003. The key objective is to enforce cost-reflective tariffs, aiming to strengthen the financial health of the power sector, particularly distribution utilities. The proposed amendments aim to address financial losses in the distribution sector, estimated…