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GREW Solar raises Rs 3 billion from investors

GREW Solar has raised Rs 3 billion from a group of investors, including Vijay Kedia and Rohit Kothari of GeeCee Holdings. The company will direct the capital towards product development, technology upgrades, and business expansion. GREW Solar...

IEX electricity trade rises 18.9% in August 2025

Indian Energy Exchange (IEX) traded 11,803 million units (MU) of electricity in August 2025, up 18.9 per cent year-on-year. The month also saw 21.68 lakh Renewable Energy Certificates (RECs) traded. National energy use stood at 150.47 billion units...

Adani Group outlines $60 billion investment plan for India’s power sector

The Adani Group has announced plans to invest about $60 billion in India’s power sector by FY32, with major allocations across renewable energy, thermal power, and transmission and distribution. In an investor presentation, the group detailed that...

Offgrid Energy Labs secures $15 million in Series A funding

Offgrid Energy Labs, based in Noida, has raised $15 million in a Series A round led by Archean Chemicals Industries Ltd, with existing investor Ankur Capital also participating. The startup, which develops zinc bromine gel batteries, had earlier...

GK Energy raises Rs 100 crore in pre-IPO funding

GK Energy Ltd, a solar-powered agricultural water pump systems provider, has raised Rs 100 crore in a pre-initial public offering (IPO) funding round. The investment came from Valuequest, 360 One (formerly IIFL Wealth), and Kotak AIF, among others...

Nalco plans Rs 300 billion investment in new smelter and power plant

National Aluminium Company (Nalco) has outlined an investment of about Rs 300 billion over the next five years to establish a new aluminium smelter along with a coal-based power plant. The company has allocated around Rs 170–180 billion for the...

SBI signs €100 million line of credit with AFD for green financing

State Bank of India (SBI) has signed a €100 million Line of Credit agreement with Agence Française de Développement (AFD) at its GIFT City branch on August 30, 2025. The financing will support green projects in the country. According to SBI, the...

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Bajel Projects wins Rs 700 crore+ MSETCL substation EPC contract

Bajel Projects Limited has secured a contract from Maharashtra State Electricity Transmission...

Waaree Energies begins work on 10 GW solar ingot and wafer plant in Nagpur

Waaree Energies Limited has begun construction of a 10 GW integrated solar ingot and wafer...

Advait Greenergy inaugurates 30 MW electrolyser assembly facility

Advait Greenergy Private Limited (AGPL), a material subsidiary of Advait Energy Transitions Limited...

Adani Power wins 1,600 MW long-term supply contract from MSEDCL

Adani Power Limited has received a Letter of Award from Maharashtra State Electricity Distribution...

India revises FDI rules for land-bordering countries, easing minority investment

India’s Union Cabinet has approved an amendment to Press Note 3 of 2020, which requires government...

Power Ministry amends captive power rules with proportionate consumption framework

The Ministry of Power (MoP) has revised the regulatory framework for captive generating plants...

Non-fossil sources cross 52% of India’s installed power capacity

India’s total installed power capacity reached 524 GW at the end of February, according to official...

NCLT approves Inox Green Energy’s power evacuation business demerger

The National Company Law Tribunal (NCLT), Ahmedabad Bench, has approved the demerger of the Power...

ACME Solar commissions BESS phases totalling 176 MW in Rajasthan

ACME Solar Holdings Limited has commissioned a 142.67 MW / 481.49 MWh Battery Energy Storage System...

Orient Green Power promoter entities merged into SVL Limited

Orient Green Power Company Limited has informed stock exchanges that two promoter entities, Nivedana...