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GK Energy raises Rs 100 crore in pre-IPO funding

GK Energy Ltd, a solar-powered agricultural water pump systems provider, has raised Rs 100 crore in a pre-initial public offering (IPO) funding round. The investment came from Valuequest, 360 One (formerly IIFL Wealth), and Kotak AIF, among others...

Nalco plans Rs 300 billion investment in new smelter and power plant

National Aluminium Company (Nalco) has outlined an investment of about Rs 300 billion over the next five years to establish a new aluminium smelter along with a coal-based power plant. The company has allocated around Rs 170–180 billion for the...

Saatvik Green wins MSEDCL order for solar pumps in Maharashtra

Saatvik Green Energy Limited has received a letter of award from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the installation of 1,500 solar water pumping systems under the Magel Tyala Saur Krishi Pump Yojana (MTSKPY) and...

Greenzo Energy to build green hydrogen plant for Jindal Stainless in Odisha

Greenzo Energy India Limited has received an order from Jindal Stainless Limited (JSL) to develop an electrolyser-based green hydrogen facility at JSL’s Kalinga Nagar Industrial Complex in Jajpur, Odisha. The contract covers the supply, erection...

ACME Solar secures 50 MW FDRE project in Tata Power-D auction

ACME Solar Holdings Ltd has received a letter of award for developing a 50 MW firm and dispatchable renewable energy (FDRE) project at a tariff of Rs 4.43 per unit. The award came under Tata Power Company Limited’s 250 MW FDRE tender conducted by its...

Adani Energy Solutions incorporates subsidiary Step-Fourteen Limited

Adani Energy Solutions Limited has set up a new wholly owned subsidiary named Adani Energy Solutions Step-Fourteen Limited.  The subsidiary has an authorised share capital of Rs 1 lakh and a paid-up share capital of Rs 1 lakh. It is yet to begin...

Suryam International wins SECI auction to supply green ammonia

Suryam International Private Limited has won Solar Energy Corporation of India’s (SECI) green ammonia auction held under the Strategic Interventions for Green Hydrogen Transition Programme (Mode-2A–Tranche-I). The company will supply 4,000 tonnes per...

Kerala explores thorium-based power, rules out conventional nuclear option

Kerala Electricity Minister K. Krishnankutty said on Monday that the State is examining the feasibility of setting up a thorium-based power plant while making it clear that a conventional nuclear plant is not under consideration. He said a report...

IGL forms JV with RVUNL to set up solar project in Rajasthan

Indraprastha Gas Limited (IGL) has entered into a joint venture agreement with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) to establish a solar power project in Rajasthan. The agreement was signed on September 1, 2025. Under the terms of the...

GH2 Solar and AHES to set up electrolyzer plant in Madhya Pradesh

GH2 Solar has announced a green hydrogen electrolyzer manufacturing plant in Piparsewa, Morena district, Madhya Pradesh, in joint venture with South Korea’s Advanced Hydrogen Energy Solutions (AHES). Chief Minister Mohan Yadav launched the project in...

Tata Power Odisha discoms launch 1 kW rooftop solar scheme

Tata Power-led Odisha discoms have launched a one-kilowatt rooftop solar scheme under the Utility-Led Aggregation (ULA) Model of the PM Surya Ghar Muft Bijli Yojana. The scheme enables households to adopt rooftop solar at a reduced upfront cost of Rs...

Adani Green operationalises 125 MW solar project at Khavda

Adani Green Energy Limited (AGEL) has announced the commissioning of an additional 125 MW solar power project at Khavda, Gujarat through its subsidiary Adani Renewable Energy Fifty Six Limited. With this addition, AGEL’s total operational renewable...

NTPC Green brings 25 MW solar project in Bhuj into operation

NTPC Green Energy Limited (NGEL) has announced that 25 MW of solar capacity from a 150 MW project at Bhuj, Gujarat, has been declared commercially operational.  The project is developed by Ayana Renewable Power Four Private Limited, a subsidiary of...

SBI signs €100 million line of credit with AFD for green financing

State Bank of India (SBI) has signed a €100 million Line of Credit agreement with Agence Française de Développement (AFD) at its GIFT City branch on August 30, 2025. The financing will support green projects in the country. According to SBI, the...

SCC Infrastructure and InSolare secure SECI auction to supply green ammonia

SCC Infrastructure Private Limited and InSolare Energy Limited have won Solar Energy Corporation of India’s (SECI) green ammonia auction under the Strategic Interventions for Green Hydrogen Transition Programme (Mode-2A-Tranche-I).  The companies...

PFC and JBIC sign loan agreement for bamboo-based bio ethanol project in Assam

Power Finance Corporation Limited (PFC) has signed a loan agreement worth about Rs 32 billion with the Japan Bank for International Cooperation (JBIC) to fund a bamboo-based bio ethanol and chemicals project in Assam.  The financing will support...

Reliance to build world’s largest energy ecosystem at Jamnagar

Reliance Industries Limited (RIL) announced that its New Energy business is advancing with the construction of the Dhirubhai Ambani Giga Energy Complex in Jamnagar. The project is planned as the world’s largest integrated ecosystem for solar...

Serentica to build one of India’s biggest battery storage projects in Rajasthan

Serentica Renewables will set up one of India’s largest battery energy storage system (BESS) projects in Rajasthan through a partnership with Shanghai Gotion Digital Energy Tech Co. The 50 megawatt (MW) / 200.6 megawatt hour (MWh) facility will be...

ABB India secures Rs 174 crore order from Siemens Gamesa

ABB India Limited has received an order valued at Rs 173.55 crore from Siemens Gamesa Renewable Power Private Limited, Chennai.   The contract covers the manufacture and supply of 3.X wind turbine converters and electrical cabinets. Production will...

Hitachi Energy to expand Mysuru facility with Rs 300 crore investment

Hitachi Energy India Ltd has announced an investment of Rs 300 crore to expand its insulation and components manufacturing facility in Mysuru, Karnataka. The project will double the site’s capacity to produce transformer-grade pressboard and...

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