The joint venture of GP Eco Solutions India Limited and Synergy Wave Limited has received a Letter of Intent (LoI) worth Rs 505.2 million from Braithwaite & Company Limited (BCL). The contract is for setting up a 10 MW solar photovoltaic (PV)...
CESC Limited has signed a 25-year power purchase agreement (PPA) with Bhojraj Renewables Energy Private Limited on April 28, 2025. Bhojraj Renewables is a subsidiary of Purvah Green Power Private Limited, which is wholly owned by CESC. The agreement...
GE Vernova T&D India Limited has secured a major contract from Power Grid Corporation of India Limited (PGCIL). Announced on May 1, 2025, the contract covers the supply of over 70 extra high voltage (EHV) transformers and shunt reactors. The...
Power Grid Corporation of India Limited (PGCIL) has cleared investments for three transmission projects. The Committee of Directors (CoD) on investment of projects gave the green light on May 1, 2025. The first is a transmission system aimed at...
Punjab State Power Corporation Limited (PSPCL) has signed a 25-year power purchase agreement (PPA) with Sukhbir Agro Energy Limited (SAEL) for 400 MW of solar power projects in Punjab. SAEL secured the capacity in 2024 at a tariff of Rs 2.97 per kWh...
JSW Neo Energy Limited, a subsidiary of JSW Energy, has signed a power purchase agreement (PPA) with Uttar Pradesh Power Corporation Limited (UPPCL) for 1,500 MW/12,000 MWh of pumped hydro storage projects (PHSPs) in Sonbhadra district, Uttar...
Reliance NU Suntech Private Limited, a wholly-owned subsidiary of Reliance Power Limited, signed a 25-year power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) on May 2, 2025. The agreement covers the development of 930 MW of...
Kirloskar Solar Technologies Private Limited has received a Letter of Award (LoA) worth Rs 483.85 million from NTPC Vidyut Vyapar Nigam Limited (NVVN), a subsidiary of NTPC Limited, for setting up rooftop solar power projects across three Indian...
IRCON Renewable Power Limited (IRPL) has commissioned 75 MW solar capacity under Lot-4 of the 500 MW Grid-Connected Solar PV Power Project (CPSU Tranche-III) at Pavagada, Karnataka, on May 2, 2025. This brings the total commissioned capacity under...
Senvion India has won a contract from KP Energy Limited to supply 20 wind turbine generators (WTGs) of its 4.2M160 model, part of the 4XM platform. The turbines will be deployed at a hybrid power project in Bharuch, Gujarat. Deliveries are set for...
NTPC Green Energy Limited has commissioned 75 MW of solar power capacity, raising its operational output to 225 MW under its 500 MW solar power project. The implementation is being carried out by IRCON Renewable Power Limited, a joint venture of...
Cygni Energy has inaugurated a fully automated battery energy storage system (BESS) gigafactory in Hyderabad with an annual production capacity of 4.8 GWh. The facility, developed with an investment of over Rs 1 billion, is located at E-Mobility...
The Indian government has extended its directive requiring imported coal-based (ICB) power plants to operate at full capacity until 30 June 2025. This decision comes in response to the expected high electricity demand during the summer season. The...
Indian Oil Corporation Limited (IOCL) has approved an equity investment of Rs 10.86 billion in Terra Clean Limited, its wholly-owned subsidiary. The funding will support the development of 4,300 MW of renewable energy (RE) capacity across India. The...
Inox Green Energy Services Limited has secured a contract to provide operations and maintenance (O&M) services for 675 MWp of solar projects across multiple Indian states. The projects belong to one of India’s leading renewable energy companies...
Adani Power Limited has reported a net profit of Rs 127.50 billion in 2024–25, a decline of 38.78 percent from Rs 208.29 billion recorded in the previous year. Total income fell 2.28 percent to Rs 589.06 billion in FY25 from Rs 602.81 billion in...
The Madhya Pradesh cabinet has approved a 2,000 MW solar park and a 1,000 MW energy storage project to enable seasonal power sharing with Uttar Pradesh. Electricity will be supplied to Madhya Pradesh during its Rabi season (October–March) and to...
Evren has received a USD 100 million investment from ALTÉRRA to develop around 11 GW of solar, wind, and battery storage projects in Rajasthan and Andhra Pradesh. The investment will support the development and construction of these large-scale...
The Ministry of New and Renewable Energy (MNRE) has launched the Green Hydrogen Certification Scheme (GHCI) to standardise and certify green hydrogen production in India. The certification scheme sets a greenhouse gas emissions limit of 2 kg CO₂...
The Government of Uttar Pradesh has set a target to generate 500 GW of solar power by 2030, focusing on regions like Bundelkhand, Vindhya, and surrounding areas. The goal is to establish these regions as major solar energy hubs. To support this...