The Government of Kerala (GoK) has leased 50 acres of land to Kochi Metro Rail Limited (KMRL) for developing a 12 MW solar power project in Kasargod district. The lease term is 30 years, with an annual rent of Rs 3.205 million.
The solar project will be set up at Ambalathara village in Hosdurg taluk. Power generated from the facility will be used to meet KMRL’s electricity requirements.
Power Finance Corporation (PFC) reported a consolidated net profit of Rs 44.60 billion for Q2 FY2025-26, an increase of 2.06% from Rs 43.70 billion in the same quarter last year. Revenue rose 11.82% year-on-year to Rs 147.60 billion, compared to Rs 132.00 billion in Q2 FY2024-25. The results were approved by the company’s Board of…
NTPC Limited has signed a Memorandum of Understanding (MoU) with Octopus Energy Group of the United Kingdom to explore collaboration across electricity distribution and retail, renewable energy and storage, electric vehicle (EV) charging infrastructure, digital energy platforms, and research and development (R&D). The MoU was signed on March 19, 2026, on the sidelines of the…
The Central Electricity Authority (CEA) has issued a draft amendment to its Technical Standards for Construction of Electrical Plants and Electric Lines Regulations, 2022, introducing a dedicated framework for renewable energy projects and battery energy storage systems (BESS). The draft, filed under F No. CEA-TH-17/1/2021-TETD Division, was opened for public comments in October 2025 and…
Voltamp Transformers Limited has received a Letter of Intent (LoI) valued at Rs 2,633.3 million from Gujarat Energy Transmission Corporation Limited (GETCO) for the design, manufacturing, testing, and supply of various ratings of power transformers. The project, awarded on November 5, 2024, is expected to be completed within 12 months.
ACME Solar Holdings has secured a long-term refinancing facility of Rs 24.91 billion for its operational renewable energy portfolio totaling 490 MW across Andhra Pradesh, Rajasthan, and Punjab. The refinancing has been arranged through the State Bank of India and REC Limited, with a tenure ranging from 18 to 20 years. It will be used…
Sembcorp Industries, through its wholly owned subsidiary Sembcorp Green Infra Pvt Ltd (SGIPL), has secured a 150 MW solar power project with a 300 MWh battery energy storage system (BESS) under SJVN’s 1.2 GW tender for ISTS-connected renewable energy projects. The project has been awarded via a Letter of Award from SJVN Ltd. Once commissioned,…