Solex Energy Limited reported a total income of Rs 6.658 billion for FY 2024–25, up 81 per cent from Rs 3.680 billion in FY 2023–24. Profit after tax surged to Rs 427.9 million, a 390 per cent increase from Rs 87.3 million. Earnings per share (EPS)...
R S Infraprojects Private Limited has secured a contract worth Rs 1,144.64 million under the Jharkhand Power System Improvement Project. The contract covers the construction of two 220 kV double-circuit (DC) transmission lines. The first line will...
The Government of Karnataka signed a Memorandum of Understanding with GAIL (India) Limited on May 9, 2025. The agreement aims to develop 1,000 MW of renewable energy projects in the state by 2030. Under the MoU, the state government will assist GAIL...
APM Projects Private Limited has received a Letter of Acceptance worth Rs 487.34 million to develop a 10 MW grid-connected solar power project in Lakhanpur, Odisha. The project will be located at Kirarama village in the Lakhanpur area of Mahanadi...
Navlai Infra has secured a Letter of Award worth Rs 1,697.5 million for setting up a total of 37 MW solar photovoltaic (PV) power projects. These will be installed at multiple locations along the Hindu Hrudaysamrat Balasaheb Thackeray Maharashtra...
The joint venture of Alpex Solar Private Limited and NVNR Power and Infra Private Limited has received a Letter of Award worth Rs 3,499.93 million. The project involves setting up a 70 MW solar power plant at Nandan Washery of Western Coalfields...
Blupine Energy Private Limited has achieved financial closure for its 100 MW grid-connected solar power project under Gujarat Urja Vikas Nigam Limited (GUVNL) Phase XXII. The project will come up in Tharad, Banaskantha, Gujarat. The company secured...
NHPC Limited and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) have signed a Memorandum of Understanding (MoU) to develop two pumped storage projects (PSPs) of 1,000 MW each in Rajasthan. The projects will be implemented through a joint...
The Union Government has approved the Transmission System for Evacuation of Power from Pakaldul Hydroelectric Project (HEP) in the Chenab Valley. The project will be developed by Kishtwar Transmission Limited, a special purpose vehicle (SPV) owned by...
Venus Pipes & Tubes Limited received a Letter of Intent (LoI) worth Rs 1,900 million on May 8, 2025, for the supply of stainless steel seamless boiler tubes. These will be used in a series of supercritical and subcritical thermal power projects...
The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended grant of Terms of Reference (ToR) for four pumped storage projects (PSPs) in its recent meeting. The Kotpalli Pumped Storage...
The National Committee on Transmission (NCT), in its latest meeting, recommended two interstate transmission system (ISTS) projects to the Ministry of Power (MoP) for final clearance. These projects will be implemented under the tariff based...
On May 9, 2025, six firms secured bids to develop 1,200 MW of Inter-State Transmission System (ISTS)-connected solar power projects along with 600 MW/2,400 MWh energy storage systems (ESS) anywhere in India. The tender was issued by SJVN in August...
ACME Sikar Solar Private Limited, a subsidiary of ACME Solar Holdings, commissioned 52.5 MW under Phase-I of its 300 MW solar power project in Bikaner, Rajasthan, on May 9, 2025. The project, financed by Power Finance Corporation Limited (PFC), spans...
The Ministry of Coal (MoC) has signed coal gasification plant development and production agreements (CGPDPA) with three entities under Category II of the coal gasification financial incentive scheme. The selected companies are Jindal Steel and Power...
The Central Electricity Regulatory Commission (CERC) has issued the draft Deviation Settlement Mechanism and Related Matters (Second Amendment) Regulations, 2025, proposing limited payments for infirm power injected by thermal generating stations...
REC Limited reported a net profit of Rs 158.84 billion in FY 2024-25, marking a 12.29 per cent increase from Rs 141.45 billion in the previous year. Total income rose by 18.63 per cent to Rs 564.34 billion, compared to Rs 475.71 billion in FY...
Adani Group has signed a memorandum of understanding (MoU) with Bhutan’s Druk Green Power Corporation (DGPC) to jointly develop 5 GW of hydropower capacity in Bhutan. This includes ongoing work on the 570/900 megawatt (MW) Wangchhu Hydropower...
ArcelorMittal has begun delivering clean energy to AMNS India’s Hazira steel facility in Gujarat using its newly operational 1 GW wind-solar hybrid project in Andhra Pradesh. This renewable power now covers more than 20 per cent of the Hazira plant’s...
Reliance Power Limited reported improved financial performance for the fourth quarter (Q4) and fiscal year ending March 31, 2025. In Q4 FY25, the company recorded total income of Rs 20.66 billion ($241 million) and EBITDA (earnings before interest...
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The Central Electricity Regulatory Commission issued a batch of tariff adoption orders through March...
Adani Green, IHC arm form JV for RE projects in India Adani Green Energy Limited (AGEL) has signed a...
Pace Digitek Limited has announced a milestone in its energy storage business, with its subsidiary...
Vihaan Clean & Green Tech Private Limited has launched a biomass-based boiler plant in Gujarat...
Neuron Energy has commissioned a containerised battery energy storage system (BESS) manufacturing...
A 1 GW photovoltaic (PV) project in northern Laos has been connected to the grid, marking the...
JSW Energy Limited has exercised its call option to acquire the remaining 26% equity stake in JSW...
Saatvik Solar Industries Private Limited, a subsidiary of Saatvik Green Energy Limited, has received...
Mahindra & Mahindra Limited (M&M) has approved the acquisition of a 26% equity stake in Neon...
Adani Green Energy Limited (AGEL) has signed a Joint Venture Agreement (JVA) with Minerva Holding...