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Delta Electronics signs wind power deal for Tamil Nadu facilities
Delta Electronics India has signed a 12-year power purchase agreement (PPA) to source wind power for its operations in Tamil Nadu. The deal covers 9.6 million units of wind-generated electricity annually. Ventus Energy Consultancy Private Limited facilitated the PPA. Power will be routed through Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO). Wind energy will…
PGCIL wins Fatehgarh-II synchronous condenser project
Power Grid Corporation of India Limited (PGCIL) has emerged as the successful bidder for the project, “Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220 kV Fatehgarh-II PS,” under the Tariff Based Competitive Bidding (TBCB) mechanism. The company received the Letter of Intent (LoI) for the project on July 17, 2026. The project…
SolarSquare secures $40 million to expand rooftop solar operations
Mumbai-based rooftop solar company SolarSquare has raised $40 million in a Series B funding round led by Lightspeed, with Lightrock also participating. Existing investors, including Elevation Capital, Lowercarbon, Rainmatter, and Gruhas Proptech, contributed as well. The funds will support SolarSquare’s expansion to over 50 cities from its current presence in 20. Additional investments will focus…
NTPC signs MoU with Octopus Energy for power and digital collaboration
NTPC Limited has signed a Memorandum of Understanding (MoU) with Octopus Energy Group of the United Kingdom to explore collaboration across electricity distribution and retail, renewable energy and storage, electric vehicle (EV) charging infrastructure, digital energy platforms, and research and development (R&D). The MoU was signed on March 19, 2026, on the sidelines of the…
Advait Energy wins battery storage order in Gujarat
Advait Energy Transitions Limited (AETL) has secured an order from Gujarat Battery Energy Storage Solutions Private Limited for a 180 MW / 360 MWh battery energy storage system (BESS) project in Sanand, Gujarat. The scope includes supply, erection, testing, and commissioning of the project. The contract is valued at Rs 743.4 million. Mechanical completion is…
Evren signs PPA with NTPC for 300 MW FDRE renewable energy project
Evren, a joint venture (JV) between Brookfield Renewable India and Axis Energy Ventures India Private Limited, has signed a 25-year Power Purchase Agreement (PPA) with NTPC Limited for the 300 MW FDRE ISTS-Connected Renewable Energy Project (Tranche-II) in India. The project, which was awarded to ABC Cleantech Private Limited (ACPL), an Evren Group company, follows…
