Lupin Limited has acquired a 42.61% equity stake in Sunsure Solarpark Seventeen Private Limited.
This follows the share subscription and shareholders agreement with Sunsure Solarpark and Sunsure Energy Private Limited, involving an equity investment of Rs 105.53 million, to be executed in two tranches.
JSW Energy Limited has completed the commissioning of the third and final 80 MW unit at its Kutehr Hydroelectric Power Plant in Chamba, Himachal Pradesh. This comes just days after the company began power dispatch from the project’s first 80 MW unit. Electricity from the entire 240 MW capacity is now being supplied to Haryana….
NTPC Ltd will enter the nuclear energy sector next month with the foundation stone for a 2,800 MW nuclear power project at Banswara, Rajasthan, Chairman and Managing Director Gurdeep Singh said on Sunday. The project will include four pressurised heavy water reactors of 700 MW each. Singh said NTPC plans to expand its nuclear capacity…
The cost of battery energy storage systems discovered through competitive bidding has fallen steeply over the past two years, supported by viability gap funding schemes and transmission charge waivers, according to information presented in Parliament. The cost of Battery Energy Storage System (BESS) capacity discovered through tariff based competitive bidding during 2022 to 2023 was…
Websol Energy System Limited has completed a promoter-led capital raise of Rs 48.09 crore through the conversion of previously issued warrants into equity shares. The allotment was approved at a board meeting held on March 13, 2026. The shares were allotted to Websol Green Projects Private Limited, a promoter group entity led by Chairman Sohan…
Coal India Limited (CIL) has permitted the sale of unrequisitioned surplus (URS) electricity generated by thermal power plants using its linkage coal under long and medium-term fuel supply agreements (FSAs) in power exchanges and markets. Under earlier rules, such surplus generation could only be supplied under power purchase agreements (PPAs) and could not be sold…
TotalEnergies has partnered with OQ Alternative Energy (OQAE) to develop 300 MW of renewable energy projects in Oman. The electricity generated will be supplied to Petroleum Development Oman (PDO) through long-term power purchase agreements, with OQAE holding a 51 per cent share and TotalEnergies 49 per cent. The collaboration includes three projects: North Solar, a…