CORE Energy Systems has secured Rs 2 billion in a new funding round led by investors and a group of strategic backers. The funds will support the expansion of the company’s manufacturing facilities and contribute to India’s nuclear energy initiatives, including small modular reactor (SMR) and Bharat Modular Reactor programmes. This round marks the exit…
Hindustan Power will supply electricity from a 435 MW direct current solar PV plant in Uttar Pradesh under a 25-year power purchase agreement (PPA) with Uttar Pradesh Power Corporation Limited. The company has begun on-site work and opened a project office at the location. UPPCL awarded the contract through a competitive tender in April 2025….
Solar Energy Corporation of India (SECI) awarded Oriana Power a contract to supply 60,000 tonnes a year (TPA) of green ammonia under the Strategic Interventions for Green Hydrogen Transition programme (Mode-2A-Tranche-I). The quoted tariff was Rs 52.25 per kg. The product will go to Madhya Bharat Agro Products in Sagar, Madhya Pradesh, for a 10-year…
Coal India Limited (CIL) has permitted the sale of unrequisitioned surplus (URS) electricity generated by thermal power plants using its linkage coal under long and medium-term fuel supply agreements (FSAs) in power exchanges and markets. Under earlier rules, such surplus generation could only be supplied under power purchase agreements (PPAs) and could not be sold…
GVK Power and Infrastructure Limited, which is undergoing the Corporate Insolvency Resolution Process (CIRP), has issued a provisional list of prospective resolution applicants for its assets, categorised into five groups, according to a filing with the stock exchanges. The categories include the corporate debtor as a going concern, its full ownership in GVK Perambalur SEZ…
KPIG Energia Private Limited, a subsidiary of KPI Green Energy Limited, has received a letter of award from Aditya Birla Renewables Limited for a solar balance of system project at Mahua in Gujarat, according to the exchange filing on August 6, 2025. The project will have a capacity of 64 MWac or 96 MWp. The…
Power Grid Corporation of India Limited has approved the issuance of unsecured, non-convertible, non-cumulative, redeemable, taxable bonds under its 82nd issue for 2025-26. The decision was taken by the company’s Committee of Directors for Bonds on August 5, 2025. The total size of the issue is up to Rs 5,000 crore, comprising a base size…
Adani Renewable Energy Three Limited, a step-down subsidiary of Adani Green Energy Limited (AGEL), has started operations of a 50 MW solar-wind hybrid power project in Khavda, Gujarat. The announcement was made through a stock exchange filing to BSE Limited and the National Stock Exchange of India Limited on August 8, 2025. With this addition,…
The Ministry of New and Renewable Energy (MNRE) has extended the implementation timeline for mandatory BIS (Bureau of Indian Standards) compliance on certain solar inverters with capacities above 200 kW. The extension is applicable under the “Solar Systems, Devices and Components Goods Order, 2025”. As per the ministry’s notification dated 5 August 2025, inverters listed…
The Ministry of Power has issued a clarification on the Renewable Generation Obligation (RGO) policy, outlining how thermal power plants must integrate renewable energy (RE) into their operations. The directive, dated 6 August 2025, applies to coal and lignite-based plants commissioned after 1 April 2023. For projects with Commercial Operation Dates (COD) between 1 April…