SJS Enterprises Limited has acquired a 2.08 percent equity stake in DB Renews Private Limited (DRPL), a wind power generation company based in Karnataka, for a total consideration of Rs 72 lakh. The investment will enable SJS Enterprises to become a captive consumer of the wind power generated by the company. According to a regulatory…
The Ministry of New and Renewable Energy (MNRE) has notified the Green Methanol Standard for India, defining green methanol as methanol produced using green hydrogen and setting a limit on well-to-product greenhouse gas emissions. The standard caps emissions at 0.44 kilogram of carbon dioxide equivalent (COâ‚‚e) per kilogram of methanol. According to an office memorandum…
The Ministry of New and Renewable Energy (MNRE) has started consultations with states and union territories on draft documents intended to accelerate the development of floating solar photovoltaic (FSPV) projects in India. The initiative aims to address land availability constraints that have limited commissioned floating solar capacity in the country to about 700 MW so…
Jyoti Structures Limited has completed and commissioned the 400 kV Gadag–II transmission line project in Karnataka for ReNew Power. The project forms part of an interstate transmission system developed to evacuate renewable energy from the Koppal Solar Energy Zone. The project includes 100 circuit kilometres (ckm) of twin High Temperature Low Sag (HTLS) transmission lines…
Axis Bank Limited has partnered with Tesla as a preferred financier to provide customised auto loan solutions for customers purchasing the electric vehicle manufacturer’s cars in India. The collaboration aims to simplify electric vehicle (EV) financing through tailored repayment options and a digital onboarding process, according to a joint announcement issued on March 4. Under…
The Maharashtra government has signed a Memorandum of Understanding (MoU) with Chambery Power Private Limited, a group company of EDF Power Solutions India, to develop the 2,100 MW Pimpalpada–Savale Pumped Storage Project across Pune and Raigad districts. The project involves a proposed investment of Rs 10,217 crore and is expected to generate around 2,500 employment…
Apraava Energy has commissioned the 22-kilometre Fatehgarh IV transmission line and an associated 400/220 kV pooling substation in Barmer, Rajasthan. The project strengthens renewable power evacuation infrastructure in the Jaisalmer-Barmer region and forms part of a broader transmission scheme supporting 20 GW of renewable energy capacity in Rajasthan under Phase-III Part A1. The asset has…
The Indian Energy Exchange Limited (IEX) reported a 30.4% year-on-year increase in electricity trading volumes for February 2026, with total traded volume reaching 12,550 million units (MU). The exchange also recorded a decline of more than 18% in average spot power prices during the month, which enabled distribution companies and industrial consumers to procure electricity…
ACME Solar Holdings Limited (ASHL), through its wholly owned subsidiary ACME Suryodaya Private Limited, has commissioned the second phase of its Battery Energy Storage System (BESS) project in Rajasthan. The newly commissioned segment adds 38 MW / 82 MWh of storage capacity at the project site in the Jaisalmer district. The operational phase forms part…
The Expert Appraisal Committee (EAC) for Thermal Power Projects recommended fresh Environmental Clearance for the 1,320 MW Udangudi Supercritical Thermal Power Project of Tamil Nadu Power Generation Corporation Limited (TNPGCL) in Tuticorin district during its 37th meeting. The project’s regulatory history spans more than a decade and includes revisions in configuration, extensions of earlier approvals,…