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India’s solar cell capacity set to nearly double to 60 GW this fiscal, Crisil says
Domestic solar cells are expected to meet around half of India’s total solar cell demand in fiscal 2027, up from about one-fourth in the previous fiscal, driven by the implementation of the Approved List of Cell Manufacturers (ALCM) and rapid capacity expansion, according to Crisil Ratings. The agency said the shift will reduce dependence on…
Centre plans Rs 38,900 crore carbon capture programme
The central government is preparing a carbon capture, utilisation, and storage (CCUS) programme estimated at Rs 38,900 crore, with Rs 19,500 crore to be committed from public funds. The balance is expected to be raised through bank loans and multilateral financing. According to officials, the programme will be structured into multiple sub-schemes. Research and development…
India highlights grid readiness, storage and finance priorities at WEF Davos 2026
Union Minister for New and Renewable Energy Pralhad Joshi said the core challenge of the global energy transition is building infrastructure that is resilient, scalable, and ready for long-term investment. Speaking at the World Economic Forum (WEF) Annual Meeting 2026 in Davos, he outlined India’s approach to combining rapid capacity addition with system resilience. At…
Andhra Pradesh plans 200 substations with Rs 6,000 crore investment
The Government of Andhra Pradesh has announced plans to establish 200 new power substations across the state at an estimated cost of Rs 6,000 crore. The initiative targets regions where electricity consumption is increasing across industrial, commercial, residential and agricultural sectors. Energy Minister Gottipati Ravi Kumar presented the plan in the State Assembly in Amaravati…
Waaree signs principal partnership with Rajasthan Royals
Waaree Energies Limited has entered into a partnership with Rajasthan Royals as the Main Principal Partner for the ongoing T20 season. The company’s logo will appear on the front of the team’s matchday jersey and training kits. The development was disclosed to BSE and NSE on March 18, 2026, through a revised filing that corrected…
NCRTC adds new power draw point at Muradnagar
The National Capital Region Transport Corporation (NCRTC) has added a second draw point at the Muradnagar receiving substation to expand its electricity procurement through Power Exchange India Limited. The move is part of its arrangement with PTC India Limited to buy power through exchanges for the Regional Rapid Transit System (RRTS). The existing Ghaziabad draw…
