Sunkind has announced securing a 570 MW solar energy project from Maharashtra State Power Generation Company Limited (Mahagenco) under the Mukhyamantri Saur Krushi Vahini Yojana (MSKVY 2.0 scheme). The project includes a 569 MW EPC component and a 10.4 MWp ground-mounted solar PV agriculture feeder system at Satmane in Nashik, aimed at enhancing agricultural power…
A recent survey, “Solar Spectrum of New India,” by Luminous Power Technologies, reveals rising consumer interest in solar energy in India, yet highlights affordability and skilled labour as key barriers. The survey indicates that 52% of respondents would consider solar power with better financing options, while 92% see installation costs as a primary deterrent. Despite…
Ahead of the Utkarsh Odisha conclave in January, Odisha’s single window clearance authority, led by Chief Secretary Manoj Ahuja, has approved 15 industrial projects worth Rs 33.53 billion. Spanning sectors like chemicals, renewable energy, steel, food processing, textiles, tourism, pharmaceuticals, and cement, these projects are expected to create over 4,637 jobs across six districts, including…
Sterlite Power Transmission Limited has secured a contract worth Rs 682.5 million from Power Grid Corporation of India Limited (PGCIL) for reconductoring Package OH01. The package includes the reconductoring of the 220 kV Hisar (PG) to Hisar (IA) single circuit line and the 400 kV Raichur to Veltoor (Mahabubnagar) line with high-tension low-sag (HTLS) conductors. …
Voltamp Transformers Limited has received a Letter of Intent (LoI) valued at Rs 2,633.3 million from Gujarat Energy Transmission Corporation Limited (GETCO) for the design, manufacturing, testing, and supply of various ratings of power transformers. The project, awarded on November 5, 2024, is expected to be completed within 12 months.
The Ministry of New and Renewable Energy (MNRE) has introduced a Rs 2 billion programme, running through FY 2025-26, to accelerate green hydrogen production and application across sectors. Focus areas include decentralised hydrogen production through floating solar, biomass, and wastewater, with applications in off-grid energy, cooking, heating, and industrial processes. The initiative aligns with the…
The Haryana Renewable Energy Development Agency (HAREDA) has awarded contracts for the supply, installation, and commissioning of 17,458 solar water pumping systems under Component B of the PM KUSUM programme. Leading recipients include Shakti Pumps with 3,174 units, AVI Appliances with 2,811, and Oswal Pumps with 2,539. Other notable companies, such as Ethos Power, Rotomag…
Mahanagar Gas Limited (MGL) has announced an investment of Rs 2.3 billion in International Battery Company (IBC) India to develop a gigafactory in Bengaluru, focused on producing prismatic NMC Li-ion cells for mobility and battery storage applications. This partnership aims to meet India’s demand for locally manufactured battery cells, which are currently imported. MGL has…
The Bangladesh Power Development Board (BPDB) has issued a $173 million letter of credit (LC) to Adani Power Limited to maintain the electricity supply. This LC follows Adani Power’s reduction of electricity deliveries by half due to unpaid dues totalling $843 million. Issued by Bangladesh’s Krishi Bank, with ICICI Bank in India as the counterpart,…
The Ministry of Coal has introduced a Mine Opening Permission module on the Single Window Clearance System (SWCS) portal to streamline and expedite the approval process for initiating coal mining operations. This digital initiative enhances transparency and efficiency by enabling online applications and real-time tracking, thereby reducing reliance on manual paperwork and minimizing delays. The…