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India | Generation | NewsIEX incorporates subsidiary for coal trading platform
Indian Energy Exchange Limited (IEX) has incorporated a wholly owned subsidiary, Indian Coal Exchange Limited, to establish an online trading platform for coal buyers and sellers. The new entity was incorporated on June 1, 2026, marking IEX’s entry into the coal trading segment. According to the company, the subsidiary will operate as a dedicated coal…
Pace Digitek signs NEC XON deal to expand BESS in Africa
Pace Digitek Limited has entered into an Original Equipment Manufacturer (OEM) exclusivity agreement with NEC XON Systems Proprietary Limited to market and distribute its energy solutions across select African markets. The agreement, executed on April 22, 2026, grants NEC XON exclusive rights to market, distribute, and sell Pace Digitek’s products, including Battery Energy Storage Systems…
India | Generation | NewsPuga geothermal project completes two wells in Ladakh
The Puga Geothermal Project in Ladakh has achieved a key development milestone with the completion of geothermal wells GT#02 and GT#03 by ONGC Energy Centre. The milestone was marked by the unveiling of a commemorative plaque at the project site by the Lieutenant Governor of the Union Territory of Ladakh, Shri Vinai Kumar Saxena. The…
India | Generation | NewsNHPC completes trial run of Unit 2 at Subansiri Lower hydropower project
NHPC Limited has completed the trial run of Unit 2, with a capacity of 250 MW, at the Subansiri Lower Hydroelectric Project, successfully concluding the process on 18 December 2025. The Subansiri Lower Hydroelectric Project has a total planned capacity of 2,000 MW, comprising eight units of 250 MW each, and is located across Assam…
Tamil Nadu solar potential highest in Virudhunagar, 205 GW feasible
Virudhunagar leads Tamil Nadu’s districts with the highest solar potential at 204,765 MWp, equivalent to around 205 GW. Ground-mounted solar potential is estimated at 24 GW in Virudhunagar, 13 GW in Trichy, and 12 GW each in Tirunelveli and Tuticorin, with other districts below 10 GW. A 50 MW SPV plant requires approximately 0.29 km²…
US duty triggers sell-off in Indian solar stocks
Indian solar stocks declined sharply on February 25, 2026 after the US Commerce Department imposed a preliminary countervailing duty (CVD) of 125.87% on solar cell and module imports from India. Following the announcement, manufacturers including Emmvee Photovoltaic Power Limited, Waaree Energies Limited, and Premier Energies Limited issued statements indicating limited immediate impact on their business…
