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POWERGRID acquires Mandsaur I RE Transmission project
Power Grid Corporation of India Limited (POWERGRID) has completed the acquisition of Mandsaur I RE Transmission Limited (MIRETL), a special purpose vehicle for the transmission project titled “Augmentation of transformation capacity and implementation of line bays at Mandsaur substation for RE interconnection” in Madhya Pradesh. The acquisition, finalised on October 8, 2025, follows POWERGRID’s selection…
LNK Energy launches with Rs 10,000 crore clean energy investment plan
LNK Energy has been launched as an integrated clean energy platform with an investment commitment of Rs 10,000 crore over the next five years. The company was introduced by its co-founders on the sidelines of the World Economic Forum Annual Meeting 2026. The company has been founded by Paritosh Ladhani, Kushagra Nandan, and Varun Karad….
Tata, MG offer free charging, battery rentals to lure EV buyers
India’s leading electric vehicle (EV) manufacturer, Tata Motors, is offering free charging and discounts to attract consumers, while rival MG Motor has launched a pioneering battery rental plan. These efforts aim to address slowing sales growth in the EV market, which currently accounts for 2% of India’s 4.2 million annual car sales. Sales growth has…
Data Insights | India | NewsIndia surpasses 200 GW renewable energy milestone
India has crossed a major milestone in its renewable energy journey, with the nation’s total renewable energy capacity reaching 201.45 GW as of October 10, 2024, according to the Central Electricity Authority (CEA). When including the 8,180 MW of nuclear power, non-fossil fuel-based energy now accounts for nearly half of India’s total installed electricity generation…
CEA flags widespread non-compliance with mandatory transformer standards
The Central Electricity Authority (CEA) has flagged continued non-compliance by power utilities with mandatory transformer and reactor rating standards, warning that deviations are causing procurement delays, higher costs, and reduced competition. In a letter dated 24 January 2026, the CEA directed utilities and generation companies to strictly adhere to its standard specifications for transformers and…
ACCIONA Energía sells hydro portfolio to Endesa for €1 billion
ACCIONA Energía has signed an agreement with Endesa for the sale of 100% of Corporación Acciona Hidráulica, S.L., for €1 billion (enterprise value). The debt-free transaction is expected to generate capital gains of €620 million, with completion anticipated in the first half of 2025, pending antitrust and foreign investment approvals. The portfolio includes 34 hydroelectric…
