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India’s interregional electricity transfer grows 7.8% in H1FY25
The interregional electricity transfer in India grew 7.8% year-on-year in the first half (H1: April to September) of FY25, reaching 134,714 MU (million units), up from 123,918 MU in H1FY24, according to Grid Controller of India Ltd (GRID-INDIA). Key Highlights: WR-NR transfers: Exports from the Western Region (WR) to the Northern Region (NR) surged by…
Cosmic PV Power files DRHP for Rs 6,400 million IPO
Cosmic PV Power Limited has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise Rs 6,400 million through an initial public offering (IPO). The issue comprises a fresh equity component of up to Rs 5,400 million and an offer for sale (OFS) of Rs 1,000 million…
MNRE releases national policy on geothermal energy
The Ministry of New and Renewable Energy (MNRE) on 15 September 2025 issued the National Policy on Geothermal Energy to guide exploration, development, and deployment of geothermal resources in the country. The vision is to establish geothermal energy as a central part of India’s renewable portfolio. The policy outlines goals to expand research, improve exploration…
Waaree Renewables posts Rs 0.53 billion net profit in Q3 FY25, down 17.18%
Waaree Renewables Technologies Limited reported a net profit of Rs 0.53 billion for the quarter ending December 2024, a 17.18% decrease compared to Rs 0.64 billion in the same quarter last year. The company’s total income rose by 11.66% to Rs 3.64 billion during the quarter, up from Rs 3.25 billion in the corresponding period…
India | Generation | NewsTata Power acquires 40% stake in Bhutan’s Dorjilung hydro project
Tata Power has completed the first tranche of its strategic investment in Dorjilung Hydro Power Limited (DHPL), acquiring a 40% equity stake in the company formed to develop the 1,125 MW Dorjilung Hydro Power Project in Bhutan. The investment of Rs 50 crore represents the initial phase of a total planned investment of about Rs…
KEC International wins Rs 17.04 billion T&D orders from PGCIL
KEC International Ltd. has secured new Transmission and Distribution (T&D) orders worth Rs 17.04 billion from Power Grid Corporation of India Limited (PGCIL). The projects include the design, supply, and installation of 765 kV transmission lines and GIS substations. These orders bring KEC International’s year-to-date (YTD) order intake to Rs 163 billion, a 60% growth…
