Dalmia Cement (Bharat) Limited (DCBL), a subsidiary of Dalmia Bharat Limited, has signed a share subscription and shareholders agreement (SSSHA) to acquire a 26% equity stake in Solis Urja Energy Private Limited.
The acquisition involves the purchase of 1,750,000 equity shares worth Rs 17.5 million, to be completed in one or more tranches.
Reliance Industries Limited (RIL) has commissioned its first solar photovoltaic (PV) module manufacturing line at its 5,000-acre site in Jamnagar, Gujarat. Work is progressing on battery storage and hydrogen production facilities. The initial solar module capacity is 10 GW per year, expandable to 20 GW. A 1 GW heterojunction (HJT) solar module line is operational,…
BEST petitioned the Maharashtra Electricity Regulatory Commission (MERC) to terminate its power purchase agreement with Tata Power‘s Trombay Unit 5, citing high energy charges ranging from Rs 8 to Rs 11 per unit. BEST argued that these tariffs were burdening 1.08 million consumers in Mumbai. However, MERC dismissed the plea, highlighting transmission constraints in sourcing…
NHPC Limited has started commercial operations for 31 MW of solar capacity under its 1,000 MW grid-connected solar PV power project (CPSU Tranche-III) in Bikaner, Rajasthan. The milestone was achieved on March 31, 2025. The project is being executed in phases, with full commissioning expected by August 2025. A 300 MW part of the project…
Kenya Power has announced an investment of KES1 billion to expand and enhance electricity infrastructure across eleven counties in the Nyanza and western regions. The funds will support the construction of new power lines to meet growing demand and improve reliability. The investment covers both completed and ongoing projects in Kisumu, Homabay, Migori, Siaya, Nyamira,…
ACS Energy, an EV charging platform based in Maharashtra, has raised Rs 11 million in a pre-seed round led by Infection Point Ventures. The company plans to use the funds to install more than 5000 UPI-enabled EV charging stations across Maharashtra and Gujarat. The rollout will use its smart AC chargers and ACS pay platforms….
Despite being labelled the “solar capital” of India, the Union Territory of Ladakh has not produced any solar power over the past five years, according to data tabled in the Rajya Sabha. In response to a question by MP Sana Satish Babu, Union Minister for New and Renewable Energy Shripad Yesso Naik confirmed that Ladakh…