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India | Finance | News | Policy & ProgrammesUttar Pradesh allocates Rs 65,926 crore for energy in FY27
The Uttar Pradesh government has proposed an outlay of Rs 65,926 crore for the energy sector in FY 2026-27, an increase of 8% over the previous year. The allocation forms part of the state’s Rs 9,12,696 crore annual budget and covers generation, transmission, distribution and renewable energy development. Thermal generation capacity has increased from 5,878…
ACWA Power to develop 800 MW solar + battery storage project in Morocco
ACWA Power has won contracts to build and operate two solar photovoltaic (PV) projects in Morocco, Noor Midelt II and Noor Midelt III, each with a capacity of 400 MW. Both projects will include battery energy storage systems, providing a combined storage capacity of 602 megawatt-hours (MWh). The storage systems can deliver 230 MW for…
MSEDCL introduces automated approval for electricity load increase requests
Maharashtra State Electricity Distribution Company Limited (MSEDCL) has introduced an online platform to approve requests for raising electricity load up to 157 kilowatts (kW) for industrial, commercial, domestic, and other low-voltage consumers. The system allows approvals to be completed within 24 to 48 hours after fee payment. Most cases do not require additional infrastructure, allowing…
Shakti Pumps empanelled for 34,720 solar pumps in Maharashtra
Shakti Pumps (India) Limited has announced that it has been empanelled by Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the supply and installation of 34,720 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) under the Magel Tyala Saur Krushi Pump Yojana / PM-KUSUM B. The company confirmed that the MSEDCL portal opened on 27…
Adani Green commissions 50 MW solar-wind hybrid project in Khavda
Adani Renewable Energy Three Limited, a step-down subsidiary of Adani Green Energy Limited (AGEL), has started operations of a 50 MW solar-wind hybrid power project in Khavda, Gujarat. The announcement was made through a stock exchange filing to BSE Limited and the National Stock Exchange of India Limited on August 8, 2025. With this addition,…
Montenegro plans coal plant shutdown by 2041
Montenegro aims to shut down the Pljevlja coal power plant by 2041 as part of its draft National Energy and Climate Plan (NECP). The plan was submitted by the Ministry of Energy to the Energy Community Secretariat for review. Minister of Energy SaÅ¡a Mujović stated that achieving the NECP goals would require EUR 1.1 billion,…
