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India | Generation | NewsEAC defers NALCO’s Rs 11,313 crore Angul power plant expansion
The Expert Appraisal Committee (EAC) under the Ministry of Environment has deferred the proposal of National Aluminium Company Limited (NALCO) to expand its Captive Power Plant in Angul, Odisha. At its meeting on April 8, the committee declined to grant Terms of Reference (ToR), the initial stage of environmental clearance. The proposed project involves adding…
SustVest raises $1.7 million to expand solar projects
SustVest has secured $1.7 million in equity and debt during its Pre-Series A funding round. The round was led by Inflection Point Ventures and Antler, with participation from WEH Ventures, Venture Catalysts, Soonicorn Ventures, FAAD Network, and others. The funds will be used to acquire solar projects, scale marketing for its regulated platform, improve operations,…
GAIL updates biogas pricing and transport charges under CBG scheme
GAIL (India) Limited has revised how it calculates prices for biogas and compressed biogas (CBG) under the CBG-CGD synchronisation scheme. The update follows the Ministry of Petroleum and Natural Gas’s (MoP&NG) supply guidelines dated April 9, 2021. Under the revised method, the biogas procurement price will now be set at 85 percent of the average…
MNRE revises CFA guidelines under PM-Surya Ghar Yojana
The Ministry of New and Renewable Energy (MNRE) has amended guidelines for central financial assistance (CFA) under the PM-Surya Ghar: Muft Bijli Yojana. The changes apply to residential rooftop solar installations. State and union territory governments can now provide an additional subsidy over the CFA given by the central government. Under the revised structure: Residential…
India | Leadership | NewsNTPC appoints Dr. Som Nath Sachdeva as independent director
NTPC Limited has appointed Dr. Som Nath Sachdeva as an Additional Director in the capacity of Independent Director on its Board with effect from July 18, 2026, according to a regulatory filing submitted to the stock exchanges. The appointment follows an order issued by the Ministry of Power and was approved by the company’s Board…
Tata Power partners with IndusInd Bank to finance solar installations for MSEs
Tata Power Renewable Energy (TPREL) has partnered with IndusInd Bank to provide collateral-free solar financing options for micro and small enterprises (MSEs), offering loans ranging from Rs 1 million to Rs 20 million. This partnership aims to support MSEs in adopting solar energy, reducing operational costs, and contributing to the green energy transition. Both public…
