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IREDA signs MoU with MNRE, setting FY 2025-26 performance targets
The Indian Renewable Energy Development Agency Limited (IREDA) has signed a performance-based Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) for the financial year 2025-26. Under the agreement, IREDA has been given a Revenue from Operations target of Rs 8,200 crore for FY 2025-26. In the previous fiscal year, the…
GPS Renewables partners with BGTS to introduce Varibull paddle agitators in India
GPS Renewables and its subsidiary Proweps have partnered with Biogastechnik Süd GmbH (BGTS) to bring Varibull paddle agitators to the Indian market. The collaboration is aimed at improving the efficiency of biogas plants and reducing costs for compressed biogas (CBG) developers. As part of the arrangement, GPS Renewables will integrate BGTS’s paddle agitator technology into…
Adani Energy acquires Rajasthan Part I Power Transmission
Adani Energy Solutions Ltd (AESL) officially acquired Rajasthan Part I Power Transmission Ltd from REC Power Development & Consultancy Ltd (RECPDCL) on January 20, 2025. AESL emerged as the winning bidder with an annual transmission charge of Rs 35,570 million, outbidding three other contenders: Power Grid Corporation of India Ltd (PGCIL), Sterlite Power, and IndiGrid….
Saatvik subsidiaries secure Rs 35 crore in new solar orders
Saatvik Green Energy Limited has informed the stock exchanges that its subsidiaries have received and accepted two new domestic orders covering engineering, procurement, and construction services and solar module supply. In the first order, the company’s wholly owned subsidiary, Saatvik Cleantech EPC Private Limited, has secured a turnkey engineering, procurement, and construction (EPC) contract valued…
Allahabad High Court dismisses PIL against discom privatisation in Uttar Pradesh
The Allahabad High Court has dismissed a Public Interest Litigation (PIL) challenging the proposed privatisation of two electricity distribution companies in Uttar Pradesh. As reported by news agencies, the court ruled that the petition was based on assumptions and lacked supporting evidence. The PIL, filed by Vijay Pratap Singh, opposed the privatisation of Dakshinanchal Vidyut…
Welspun New Energy signs SECI PPA for 200 MW solar with BESS
Welspun New Energy Ltd. (WNEL) has signed a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) for a 200 MW solar photovoltaic project integrated with a 400 MWh battery energy storage system (BESS). This is the company’s first contracted project that includes a storage component. The capacity was secured through a…
