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IEX reports strong Q1 performance driven by RTM, green market growth
The Indian Energy Exchange (IEX) reported 10,852 million units (MU) of traded electricity volume in June 2025, a 6.5% year-on-year increase. This was led by a 34% rise in Real-Time Market (RTM) volumes and a 30% increase in the green market. However, volumes in the Day-Ahead Market (DAM) and Term-Ahead Market (TAM) declined by 5%…
Adani wins approval to acquire Jaiprakash Associates with Rs 14,535 crore plan
The Adani Group has received lender approval to acquire Jaiprakash Associates after its resolution plan secured 89 percent of the vote from the Committee of Creditors. The offer was valued at Rs 14,535 crore and was preferred for its higher upfront cash component over competing proposals from Vedanta and Dalmia Cement. The Committee of Creditors…
Public hearing held for 1,200 MW Kalai-II hydropower project in Arunachal
The Arunachal Pradesh State Pollution Control Board on Wednesday conducted a public hearing for environmental clearance to the 1,200 MW Kalai-II hydroelectric project in Anjaw district, being developed by THDC India Limited. The hearing, chaired by Anjaw Deputy Commissioner Millo Kojin, was attended by Women and Child Development Minister Dasanglu Pul, THDC officials, and more…
NLC India’s arm wins SECI renewable plus storage project
NLC India Limited has informed the stock exchanges that its wholly owned subsidiary, NLC India Renewables Limited (NIRL), has received a Letter of Award from the Solar Energy Corporation of India Limited (SECI). The award is for setting up 600 MW of renewable energy capacity along with 300 MW or 1,800 MWh of Energy Storage…
AMPIN commissions 45 MWp group captive solar project in Odisha
AMPIN Energy Transition has commissioned a 45 MWp solar project in Odisha, marking its second consecutive group captive commercial and industrial (C&I) open access installation under the Odisha Renewable Energy Policy 2022 (OREP-22). The project is located in Patnagarh. AMPIN stated it executed the project across the full value chain, from policy alignment to commissioning….
MHI revises local sourcing rules for EV charging station components
The Ministry of Heavy Industries (MHI) has updated the phased manufacturing programme (PMP) for public EV charging stations under the PM E-Drive scheme. Domestic production of enclosures, wiring harnesses, and software for charge point protocols has been required since December 2021. From June 2022, localisation extended to auxiliary power supplies, DC meters, and DC-side switchgear….
