The Ministry of New and Renewable Energy (MNRE) has revised guidelines under the Biomass Programme, part of the National Bioenergy Programme (Phase-I) for FY 2021–22 to 2025–26. Announced on June 27, 2025, the changes aim to reduce compliance burden and simplify project execution for developers. Simplified documentation process Several submission requirements for briquette and pellet…
The joint venture of ACEN and UPC Renewables has commenced construction of two large-scale renewable energy projects in India. The work began on June 25, 2025, and includes a 420 MW solar power project in Rajasthan and a 120 MW wind power project in Karnataka. The wind project in Karnataka is being developed for SJVN…
SJVN Green Energy Limited (SGEL), a wholly-owned subsidiary of SJVN Limited, has started commercial operations for 80.77 MW capacity under Phase-II of its 1,000 MW solar project in Bikaner, Rajasthan. With this, a total of 400.77 MW has now been commissioned. The project falls under the Central Public Sector Undertaking (CPSU) scheme Phase-II, which targets…
Power Mech Projects Limited has secured contracts to develop a total of 13.66 MW of grid-connected distributed solar power projects in Bihar. The award was announced on June 26, 2025, by the Bihar State Power Generation Company Limited (BSPGCL). The contracts fall under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme, specifically…
Om Infra Limited has secured a contract worth Rs 1,998.4 million for hydro-mechanical works in the Dibang Multi Purpose Project. The award was finalised on June 25, 2025, following bids invited by NHPC Limited in April 2024. The contract has two parts. The first, worth Rs 1,678.6 million, is for the ex-works and CIF (Cost,…
Bondada Engineering Limited has incorporated a new wholly owned subsidiary, GreenBond RE Park Private Limited, to strengthen its presence in the renewable energy sector. The new entity was registered on June 24, 2025, with the Ministry of Corporate Affairs (MCA). It has an authorised and paid-up capital of Rs 100 million. GreenBond RE Park will…
The National Stock Exchange (NSE) is likely to waive transaction charges on electricity futures contracts until December 31, 2025. The move is expected to promote participation in the newly launched electricity derivatives segment, according to people familiar with the matter. If implemented, the waiver will apply uniformly at the exchange level across all categories of…
Aseem Infrastructure Finance Limited (AIFL) has raised its first external commercial borrowing and green loan worth $80 million from DBS Bank Limited. The funds will be used to support renewable energy projects across India. DBS Bank acted as the sole mandated lead arranger for the transaction through its IFSC banking unit at GIFT City, Gujarat….
THDC India Limited has signed a memorandum of understanding (MoU) and a power purchase agreement with the Government of Gujarat and Gujarat Urja Vikas Nigam Limited (GUVNL). The deal covers the supply of 184.08 MW of clean power from the Tehri pumped storage project (PSP) in Uttarakhand. The agreement aims to support Gujarat’s peak electricity…
Toyota Kirloskar Motor Private Limited (TKM) has signed a memorandum of understanding (MoU) with Ohmium International to explore green hydrogen development opportunities in India. As part of the collaboration, the two companies will work to integrate Toyota’s proton exchange membrane (PEM) fuel cell technologies—backed by Toyota Motor Corporation Japan—with Ohmium’s modular PEM electrolyser systems. These…