Nextracker has signed an agreement with ReNew Power Ventures Private Limited to supply solar trackers for a 305 MW solar project in Anantapur, Andhra Pradesh. The project is part of ReNew Power’s larger 2,800 MWp wind-solar hybrid development, which...
Engie has achieved financial closure for its 200 MW solar photovoltaic (PV) project in Khavda, Gujarat, under the Phase XXIII tender by Gujarat Urja Vikas Nigam Limited (GUVNL). The company signed a loan agreement with MUFG Bank and Crédit Agricole...
Advait Energy and H.G. Infra Engineering have signed battery energy storage purchase agreements with Gujarat Urja Vikas Nigam Limited (GUVNL). The agreements cover standalone battery energy storage systems (BESS) backed by viability gap funding from...
Dharamjaigarh Transmission Limited, a special purpose vehicle (SPV) set up by Power Grid Corporation of India Limited (PGCIL), has commissioned the Western Region Expansion Scheme-XXVIII (WRES-XXVIII) and Western Region Expansion Scheme-XXIX...
REC Power Distribution Company Limited (REC PDCL) has incorporated three special purpose vehicles (SPVs) for transmission projects in Karnataka. The SPVs were established on May 21, 2025, to facilitate project development under the tariff-based...
The Government of Maharashtra has released the Maharashtra Electric Vehicle Policy 2025. The policy takes effect from April 1, 2025, and will be implemented till March 31, 2030. It replaces the earlier 2021 policy, which expired in March 2025. The...
The Ministry of New and Renewable Energy (MNRE) has issued revised guidelines for Small Hydro Power (SHP) schemes. These changes apply to all projects sanctioned under the earlier 2009 and 2014 schemes. The updates are designed to address sector...
Greenko Energies Private Limited (GEPL) is expected to commission the 1,680 MW Pinnapuram Hydro Electric Power Project by September 2025. The project forms part of the broader Pinnapuram Integrated Renewable Energy Project (IREP) being developed in...
The Government of Gujarat is set to invest Rs 290 billion in the Gujarat Green Energy Corridor III (GEC-III) project. The initiative aims to transmit 16,500 MW of renewable energy across the state by strengthening grid connectivity from major...
At the Rising North East Investor Summit 2025, energy emerged as a key pillar of India’s development push in the region. Held from May 23–24 in New Delhi and inaugurated by Prime Minister Narendra Modi, the summit saw investment proposals worth Rs...
The Ministry of Power has completed a detailed review of Karnataka’s power sector, highlighting key areas for reform to improve efficiency and reliability. The ministry called for urgent financial reforms. Power utilities were advised to reduce...
The Regional Power Conference for Southern States and Union Territories was held in Bengaluru, chaired by Shri Manohar Lal, Union Minister for Power and Housing & Urban Affairs. Attendees included Shri Shripad Naik, Union Minister of State for...
India produced and dispatched over 1 billion metric tonnes of coal in FY2023–24. This marks a 70% rise since 2014, driven by structural reforms including commercial coal mining, first launched in 2020. Nearly 150 mines have been auctioned so far...
Promethean Energy has secured $2 million in a Pre-Series A funding round led by Transition VC. Other participants included Sangam Venture, Sagana Capital, and Fondation Botnar. The Mumbai-based clean technology company will use the funds to expand...
The Government of Andhra Pradesh (GoAP) has allocated a 2,000 MW (2,600 MWp) solar power project to Bondada Engineering Limited. The project was awarded on May 22, 2025, and will be developed over the next 24 months at an estimated cost of Rs 90...
Juno Joule Green Energy Private Limited has signed a memorandum of understanding (MoU) with Germany’s Select Energy GmbH to co-develop a green hydrogen and ammonia export facility at Mulapeta port in Andhra Pradesh. The total investment for the...
Multi Infrastructure and Engineering Private Limited (MIEPL) has secured a contract from Central Electronics Limited (CEL) to set up a 200 MW solar module manufacturing facility in Ghaziabad, Uttar Pradesh. The project tender was floated by CEL in...
The Ministry of Power (MoP) and the Bureau of Energy Efficiency (BEE) have issued fresh directives to ensure compliance with the Renewable Consumption Obligations (RCO) framework. This applies to designated consumers, including captive power plants...
NHPC Limited reported a standalone net profit of Rs 34.12 billion in 2024-25, down 14.68% from Rs 39.99 billion in the previous year. The decline was partly due to one-time provisions and arbitration-related expenses. Total income rose 6.69% to Rs...
The Delhi government has approved an additional subsidy of Rs 30,000 for installing 3 kW rooftop solar systems. This is over and above the Rs 78,000 subsidy provided by the central government under the PM Surya Ghar: Muft Bijli Yojana (PMSGMBY)...