KPI Green Energy Limited has issued India’s first externally credit-enhanced green bond on the National Stock Exchange, raising Rs 6.70 billion. The five-year bond carries an annual coupon of 8.5 per cent and has been rated AA+ by both CRISIL and...
Serentica Renewables has entered into a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) for 100 megawatts (MW) of round-the-clock renewable supply. The company stated that this is the country’s first “load-following”...
The Yamuna Expressway Industrial Development Authority (Yeida) has announced that the RP-Sanjiv Goenka Group will develop a renewable energy project in Sector 8B near Noida International Airport, with a planned investment of Rs 3,000 crore. The...
India’s power sector carbon dioxide emissions fell 1 per cent year-on-year in the first half of 2025, only the second decline in nearly 50 years, according to the Centre for Research on Energy and Clean Air (CREA). The fall was driven by record clean...
Adani Power Limited plans to set up a 2400 MW ultra-supercritical thermal power plant at Pirpaithi in Bhagalpur district, Bihar. The project is being developed on 1,050 acres allotted to the company and will be executed in three phases of 800 MW...
Prime Minister Narendra Modi will lay the foundation stone for the Mahi-Banswara Nuclear Power Plant in Rajasthan on September 25. He will also inaugurate and dedicate projects worth over Rs 1.21 lakh crore, including clean energy initiatives. The...
JSW Energy Limited has announced that its subsidiary, JSW Neo Energy Limited, has signed a definitive agreement to acquire Tidong Power Generation Private Limited, which is developing a 150 megawatt (MW) run-of-river hydro project in Himachal...
GE Power India Limited (GEPIL) has approved a scheme of arrangement to demerge its Durgapur-based power boiler components and coal mill manufacturing business into JSW Energy Limited. The board cleared the proposal on 18 September 2025, along with a...
TVS Motor Company has signed a Memorandum of Understanding (MoU) with ALT Mobility to lease and deploy up to 3,000 electric three-wheelers, both passenger and cargo, in the financial year 2025-26. Under the agreement, TVS Motor will supply the...
The Maharashtra cabinet has cleared the creation of a joint venture (JV) between Maharashtra State Power Generation Company Limited (Mahagenco) and SJVN Limited to develop 5,000 megawatts (MW) of renewable energy capacity. Under the agreement, SJVN...
The Telangana government is preparing to establish a new electricity distribution company by restructuring the Northern Power Distribution Company of Telangana Limited (NPDCL) and the Southern Power Distribution Company of Telangana Limited (SPDCL)...
Tesla Group a.s. and SRAM & MRAM Group have entered into a USD 1 billion agreement to establish five battery energy storage system (BESS) gigafactories in India, along with 15 additional facilities in other countries. The partnership seeks to...
Waaree Energies Limited plans to divest up to 6.1 million equity shares of Indosolar Limited, equal to 14.66 per cent of the company’s paid-up capital, through an Offer for Sale (OFS) on the stock exchanges. The share sale will be available to...
Power Grid Corporation of India Limited (POWERGRID) has been awarded the project to develop an inter-state transmission system under the tariff-based competitive bidding (TBCB) process. The Letter of Intent was issued to the company on 16 September...
The Ministry of New and Renewable Energy (MNRE) has sanctioned a supplementary budget of Rs 140 crore for Phase-I of the National Bioenergy Programme (NBP), covering the period from April 1, 2021 to March 31, 2026. According to an office memorandum...
A Group of Ministers (GoM) chaired by Power Minister Manohar Lal has proposed a new scheme to restructure the rising debt of State-owned power distribution companies (discoms). The panel said the liabilities should be formally recognised as...
Suzlon Group has announced its largest order of FY26, securing 838 MW from Tata Power Renewable Energy Limited (TPREL) under a Firm and Dispatchable Renewable Energy (FDRE) project. The project will deploy 266 of Suzlon’s S144 wind turbines, each...
Larsen & Toubro (L&T) has received orders from the Nuclear Power Corporation of India Ltd (NPCIL) and multiple contracts for grid infrastructure projects in India, the United Arab Emirates (UAE), and Oman. The Heavy Civil Infrastructure...
Serentica Renewables, backed by KKR, has signed a binding agreement to acquire the Indian solar business of Norway-based Statkraft. The deal value was not disclosed, but sources estimate the enterprise value at around Rs 2,000 crore. The acquisition...
The Ministry of New and Renewable Energy (MNRE) on 15 September 2025 issued the National Policy on Geothermal Energy to guide exploration, development, and deployment of geothermal resources in the country. The vision is to establish geothermal...
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NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited...
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STEAG Energy Services (India) Private Limited, a wholly-owned step-down subsidiary of Bluspring...
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Indian Energy Exchange (IEX) traded 37,534 MU (37.5 BU) of electricity during the first quarter (Q1)...