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Torrent Power outlines Rs 500 bn investment in renewables and grid infrastructure
Torrent Power plans to invest Rs 50,000 crore over the next three to four years to increase its renewable energy (RE) capacity to 10 GW by 2030, up from 1.75 GW currently. The capex will be divided across three segments. Around Rs 20,000 crore will support renewable energy projects, Rs 14,000 crore is allocated to…
Crompton wins Rs 4.45 billion rooftop solar project in Andhra Pradesh
Crompton Greaves Consumer Electricals has received a letter of award worth about Rs 4.45 billion from the New and Renewable Energy Development Corporation of Andhra Pradesh for 77.40 MWp of rooftop solar EPC projects under the PM Surya Ghar Muft Bijli Yojna. The contract covers the design, supply, installation, testing, and commissioning of 2 kW…
FAME Scheme: Rs 88.44 billion spent on electric vehicle incentives
The Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME-India) Scheme, launched to promote electric mobility, has spent Rs 88.44 billion as of October 31, 2024. This includes Rs 65.77 billion in subsidies, Rs 22.44 billion for capital assets, and Rs 230 million for other expenses. Under FAME-II, launched in 2019 with…
Natrinai Ventures commissions 75 MW substation in Tamil Nadu
Natrinai Ventures Limited has commissioned a 75 MW, 110/33 kV pooling substation at Pudukkottai in Tamil Nadu to support power evacuation from its solar assets in the region and strengthen renewable energy transmission infrastructure. The substation has been connected to the Athanakottai 110/33 to 11 kV substation for integration with the state grid. According to…
IEX records highest-ever monthly power trade in January 2026
Indian Energy Exchange (IEX) reported its highest monthly electricity traded volume at 13,050 million units (MU) in January 2026, up 19.6% from the same month last year. Higher supply liquidity and lower prices across key segments supported the increase in market activity. In a regulatory filing to stock exchanges, IEX said volumes in the Real-Time…
Inox Wind secures 100 MW turbine order in Gujarat
Inox Wind Limited has received a 100 MW order from a leading green energy transition platform for wind projects planned in Gujarat. The contract includes the supply of 3.3 MW turbines, along with limited EPC services and multi-year operations and maintenance support after commissioning. Chief Executive Officer Sanjeev Agarwal said the company is pleased to…
