The Government of Maharashtra has notified the Maharashtra Renewable Energy and Energy Storage Policy 2025-26 to 2035-36 through a resolution dated March 18, 2026. The policy replaces the Renewable Energy Policy of 2020 and will remain in force until...
The Union Cabinet has approved a Small Hydro Power Development Scheme for FY 2026-27 to FY 2030-31 with an outlay of Rs 2,584.60 crore. The scheme targets development of about 1,500 MW of small hydro capacity across states, with emphasis on hilly and...
Patratu Vidyut Utpadan Nigam Limited (PVUNL) has synchronised Unit-2, an 800 MW unit of the Patratu Super Thermal Power Plant (STPP), with the grid on March 17, 2026. The milestone advances the project towards full commissioning of Phase I. Project...
The National Committee on Transmission (NCT) has recommended implementation of the transmission system for evacuation of power from Sunni Dam Hydroelectric Project (HEP) (382 MW) and Luhri Stage-I HEP (210 MW) through the tariff-based competitive...
Over 35 GW of renewable energy capacity in India faces a high risk of grid curtailment in the upcoming fiscal year, according to an analysis by Crisil Ratings. The issue stems from a mismatch between rapid additions in solar and wind capacity and...
Solarium Green Energy Limited has commissioned a 1 GW solar module manufacturing facility in Ahmedabad, Gujarat. The company confirmed in a regulatory filing dated March 18, 2026 that the plant, located at Survey No. 508/1 & 508/2 in Village...
Waaree Energies Limited has entered into a partnership with Rajasthan Royals as the Main Principal Partner for the ongoing T20 season. The company’s logo will appear on the front of the team’s matchday jersey and training kits. The development was...
APAR Industries Limited has approved two investment proposals at its board meeting held on March 18, 2026, covering capital infusion into its United States subsidiary and expansion of captive renewable capacity in Gujarat through an associate entity...
NTPC Green Energy Limited has declared commercial operation of a 165 MW capacity at the Khavda-II Solar Photovoltaic (PV) Project in Gujarat, effective March 19, 2026. The update was disclosed in a regulatory filing dated March 18, 2026. Project...
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...
Sunsure Energy has secured Rs 606.22 crore in debt financing for solar projects across Maharashtra and Uttar Pradesh, with RBL Bank entering as a new lender alongside existing financier Aseem Infrastructure Finance Limited. RBL Bank has extended Rs...
CleanMax Enviro Energy Solutions Limited reported consolidated earnings before interest, tax, depreciation and amortisation (EBITDA) of Rs 945 crore for the first nine months of FY26, a 33% increase from Rs 709 crore in the same period last year. The...
Reliance Industries Limited (RIL) has signed a binding 15-year agreement with Samsung C&T Corporation for the export of green ammonia, with deliveries set to begin in the second half of FY2029. The contract, valued at over USD 3 billion, is among...
ANDRITZ has secured a contract from Tata Power to supply generating units for the 1,000 MW Bhivpuri pumped storage project (PSP) in Maharashtra. The order, valued in the low three-digit million euro range, will be booked in ANDRITZ’s first quarter...
ReNew Green Energy Solutions, the commercial and industrial (C&I) clean energy arm of ReNew Energy Global, has raised USD 95 million in an equity funding round. The transaction was led by LeapFrog Investments with a USD 50 million commitment...
Climate Fund Managers has committed USD 32.2 million in construction equity from its Climate Investor Two fund, supported by the European Union, to Akaia Green Fuels for a compressed biogas project in Uttar Pradesh. The investment marks a scale-up...
The Ministry of New & Renewable Energy (MNRE) has amended the Approved Models and Manufacturers (ALMM) Order to expand domestic sourcing requirements to silicon wafers. The amendment introduces a new compliance layer under ALMM, aimed at...
KPI Green Energy Limited has secured Rs 979 crore in debt financing from Canara Bank for a 150 MW wind power project in Gujarat, to be developed under the Independent Power Producer (IPP) model. The facility includes a Rs 931 crore term loan and a Rs...
NHPC Limited has declared commercial operation date (CoD) of Unit 1 (250 MW) of the Subansiri Lower Hydroelectric Project, effective 00:00 hours on March 20, 2026. With this, three units of 250 MW each, totalling 750 MW, are now operational. The...
Kalpataru Projects International Limited (KPIL) has secured new orders worth approximately Rs 2,471 crore across power transmission and distribution in domestic and overseas markets, an underground metro rail project through a joint venture, and...