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Debt markets reshape India’s energy transition: IEEFA report
India’s energy transition is being increasingly driven by debt markets, with renewable energy platforms showing stronger margins and wider access to capital than thermal peers, even as rising leverage places near-term pressure on credit metrics. This is according to a report by the Institute for Energy Economics and Financial Analysis (IEEFA). The report, titled “Financing…
ReNew to sell 100 MW Tamil Nadu solar asset for $49 million
ReNew Energy Global Plc has agreed to divest its sole commissioned project in Tamil Nadu, a 100 MW/117.5 MWp solar facility, to the Technique Solaire Group at an enterprise value of $49 million, as per a filing with the US Securities and Exchange Commission. The company signed a definitive agreement on March 23, 2026, with…
Ahasolar wins Rs 1.18 million PFR order for 48 solar sites in Gujarat
AHAsolar Technologies Limited has secured a new work order worth Rs 1.176 million from Gujarat Urban Development Company (GUDC). The order, dated May 15, 2025, is for preparing pre-feasibility reports (PFRs) for solar power projects across 48 locations in Gujarat. The project scope includes site surveys, technical assessments, and financial analyses. These are essential first…
DVC launches power supply modernisation project
Damodar Valley Corporation (DVC) has announced the DVC Command Area Power Supply Modernization Project to ensure round-the-clock (RTC) quality power and reduce aggregate technical and commercial (AT&C) losses. The project, with an estimated cost of Rs 15 billion, is expected to be completed in 18 months. Covering 24,235 sq km in West Bengal and Jharkhand,…
CCI approves acquisition of Fourth Partner Energy by IFC, ADB, and DEG
The Competition Commission of India (CCI) has approved the acquisition of certain shareholding in Fourth Partner Energy Private Limited (Target) by the International Finance Corporation (IFC), Asian Development Bank (ADB), and DEG – Deutsche Investitions – und Entwicklungsgesellschaft mbH (DEG). The proposed investment totals USD 275 million (approx. INR 22.96 billion), with each entity acquiring…
Vikram Solar secures 149 MW module order from Sunsure Energy
Vikram Solar has received an order to supply 148.9 MW of high-efficiency solar modules to Sunsure Energy. The 595 Wp modules will be installed across Maharashtra and Uttar Pradesh. Vikram Solar will provide its advanced Ml0R N-Type TOPCon modules, noted for high efficiency, reliability, and energy yield. This order adds to a series of recent…
