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DVC signs PPAs with SJVN for 592 MW hydropower from Himachal projects
Damodar Valley Corporation (DVC) signed two purchase power agreements (PPAs) with SJVN Limited on April 29, 2025, to procure hydro power from the Sunni Dam and Luhri Stage I projects in Himachal Pradesh. The Sunni Dam Hydro Electric Project is a run-of-river scheme on the Satluj River near Khaira village in Shimla and Mandi districts….
Cummins India launches modular BESS for renewable integration
Cummins India Limited has launched its Battery Energy Storage Systems (BESS) as part of its push towards sustainable power solutions. The BESS units come in modular 10 ft and 20 ft containers with capacities ranging from 200 kilowatt-hours (kWh) to 2 megawatt-hours (MWh). They use lithium ferrophosphate battery technology and integrated liquid cooling to ensure…
Coal India FY26 profit falls 12% on higher costs, flat revenue
Coal India Limited (CIL) reported a 12% year-on-year decline in consolidated net profit for FY 2025-26, at Rs 31,071 crore compared to Rs 35,450 crore in the previous fiscal. The decline was driven by a one-time provision for executive pay revision and higher state levies, even as revenue from operations remained largely unchanged at Rs…
Gautam Solar sets up new solar module facility in Haryana
Gautam Solar has launched a new solar module manufacturing facility in Bhiwani, Haryana, achieving full-scale operations within a year. Spanning 60 acres, the fully automated plant has already surpassed a 2 GW production capacity, with plans for further expansion. The facility is currently installing two high-speed production lines sourced from Tier-1 suppliers, set to increase…
UP Cabinet clears coal funding and floating solar project
The Uttar Pradesh Cabinet, chaired by Chief Minister Yogi Adityanath, approved 35 proposals last week. These include a 20 MW floating solar plant in Gorakhpur and Rs 2,242.90 crore for coal mine development linked to the Ghatampur Thermal Power Project. The allocation of Rs 2,242.90 crore supports coal mine development for the Ghatampur Thermal Power…
93 GW renewable backlog triggers government action on unsigned PPAs and PSAs
The Ministry of Power has directed Renewable Energy Implementing Agencies (REIAs) to close long-pending renewable energy bids and cancel related Letters of Award (LoAs) by November 30, 2025, where signing Power Purchase Agreements (PPAs) or Power Sale Agreements (PSAs) is not viable. The order follows a review meeting held on October 17, 2025, chaired by…
