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JSW Energy signs 1,200 MW hybrid power deals with MSEDCL
JSW Energy’s subsidiaries, JSW Renew Energy Six Ltd and JSW Renew Energy Thirty Ltd, have signed power purchase agreements (PPAs) with Maharashtra State Electricity Distribution Company Ltd (MSEDCL) for two solar-wind hybrid projects, each with a capacity of 600 MW, totalling 1,200 MW. These agreements, awarded on August 29 and September 10, 2024, are set…
India reaches 283 GW non-fossil capacity, ranks third globally
India’s installed non-fossil fuel power capacity stood at 283.46 GW as of March 31, 2026, with solar contributing more than half of the renewable energy base, according to data shared by the Minister of New and Renewable Energy (MNRE). Speaking to the media, MNRE Minister Pralhad Joshi said India now ranks third globally in renewable…
MSIG Asia and The RiskPoint Group partner to enhance APAC RE insurance
MSIG Asia and The RiskPoint Group have teamed up to strengthen renewable energy (RE) insurance in the Asia Pacific region. With approval from the Monetary Authority of Singapore, RiskPoint will serve as MSIG Singapore’s Managing General Agent. This partnership will leverage Singapore’s role as an insurance hub to provide tailored coverage for solar, wind, and…
COP29 operationalises international carbon market governance
At COP29 held in Baku, Azerbaijan, a key milestone in climate governance was reached with the operationalisation of international carbon market governance. This progress is significant as it marks the first time that carbon credit trading systems have been formalized under the Paris Agreement’s Article 6, which allows countries to voluntarily trade emission reductions. The…
Saatvik subsidiary secures Rs 138 crore solar module supply order
Saatvik Green Energy Limited has announced that its material subsidiary, Saatvik Solar Industries Private Limited, has secured a domestic order worth Rs 138 crore for the supply of solar photovoltaic (PV) modules. The order has been awarded by a reputed independent power producer/EPC player and is scheduled to be executed by December 2026. The latest…
IEX records highest ever annual electricity trade at 141 BU in FY’26
Indian Energy Exchange (IEX) reported its highest ever annual traded electricity volume of 141 billion units (BU) for the fiscal year 2025–2026, marking a 17% increase over the previous year. The growth was supported by improved supply liquidity and lower power prices on the exchange. In a media release issued April 6, 2026, IEX stated…
