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Adani Group to invest USD 35 billion in renewable energy over five years
The Adani Group has announced plans to invest USD 35 billion over the next five years to establish large-scale renewable energy plants across India. The focus will be on solar, wind, and hybrid energy systems, aiming to play a significant role in the global energy transition. Sagar Adani, Executive Director of Adani Green Energy, revealed…
UPERC issues FY27 tariff orders for UPPTCL and UPSLDC
The Uttar Pradesh Electricity Regulatory Commission issued tariff orders on April 15, 2026 for Uttar Pradesh Power Transmission Corporation Limited and Uttar Pradesh State Load Despatch Centre. The orders cover the True-Up for FY 2024-25, the Annual Performance Review (APR) for FY 2025-26, and the Aggregate Revenue Requirement (ARR) and charges for FY 2026-27. For…
UK and Odisha partner to boost clean energy and net-zero goals
The UK Government and Odisha Energy Department are collaborating to accelerate Odisha’s transition to net zero. The collaboration focuses on clean energy, industrial decarbonisation, and urban sustainability, with plans to add 10.9 GW of renewable energy by 2029-30. Odisha has also set intermediary energy transition targets for 2036 and 2047. Key initiatives include expanding renewable…
PGCIL completes acquisition of two ISTS schemes for power transmission
Power Grid Corporation of India Ltd (PGCIL) has finalized the acquisition of two interstate transmission system (ISTS) projects awarded through a tariff-based competitive bidding process. These projects were transferred from bid process coordinator PFC Consulting Ltd (PFCCL) on November 7, 2024. The projects will operate under the build, own, operate, and transfer model. The first…
China sees record power load as heatwave grips southern provinces
China is facing unprecedented electricity demand as a severe heatwave grips large parts of the country. The National Energy Administration reported that the national power load crossed 1.5 billion kW for the third time in July 2025, marking a new peak in consumption. Reuters noted that temperatures have surged across cities including Chongqing, Chengdu, and…
Lending to renewable energy projects in India rises 63% in 2023
Lending to renewable energy (RE) projects in India surged by 63% in 2023, reaching Rs 302.55 billion, compared to the previous year, according to a report by the Centre for Financial Accountability. Solar energy accounted for 49% of the funding, with Rs 148.14 billion directed toward solar projects. Hybrid projects saw a 31% year-on-year increase,…
