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KPI Green Energy forms new SPV for renewable projects

KPI Green Energy Limited has established a Special Purpose Vehicle (SPV), named KPIN Clean Power One LLP. The SPV will focus on renewable energy generation and distribution. The SPV, KPIN Clean Power One LLP, was incorporated with contributions of...

PM launches Maruti Suzuki’s first made-in-India EV

Prime Minister Narendra Modi inaugurated Maruti Suzuki’s e-Vitara, the company’s first battery electric vehicle manufactured in India, at Hansalpur, Gujarat. The model will be exported to 100 countries, positioning India as Suzuki’s global hub for...

Transrail Lighting secures Rs 837 crore T&D orders

Transrail Lighting Limited has announced new orders worth Rs 837 crore, comprising a domestic transmission line EPC contract and an international product supply order.  Randeep Narang, Managing Director and Chief Executive Officer, said the strong...

Power Grid approves Rs 209 crore North-Eastern expansion project

Power Grid Corporation of India Limited (PGCIL) has cleared a new investment proposal worth Rs 209.38 crore for strengthening transmission infrastructure in the North-Eastern region. The project, named North-Eastern Region Expansion Scheme-XXIII...

Adani Energy incorporates new subsidiary in Puducherry

Adani Energy Solutions Limited (AESL) has announced the incorporation of a new wholly owned subsidiary, Adani Electricity Puducherry Limited. The company was officially registered on August 25, 2025, and will focus on electricity distribution and...

Waaree Energies bags 452 MW solar module supply order in the US

Waaree Energies Limited announced that its wholly owned subsidiary, Waaree Solar Americas, has secured a 452 MW solar module supply order from a leading United States-based developer of utility-scale solar and energy storage projects. The order...

Jakson Engineers to set up 6 GW integrated solar plant in Madhya Pradesh

Jakson Engineers Ltd, part of the Jakson Group, will invest over Rs 8,000 crore to establish a 6 GW integrated solar module, cell, and wafer manufacturing plant at Maksi Phase II in Madhya Pradesh.   The facility will be developed in two stages. In...

Inox Green targets 17 GW O&M portfolio by FY27

Inox Green Energy Services Ltd, the operations and maintenance (O&M) arm of the InoxGFL Group, plans to expand its renewable energy O&M portfolio from the current 5 GW to 17 GW by the next financial year, according to executive director...

Centre to set up mineral trading exchange under SEBI framework

Union Coal and Mines Minister G Kishan Reddy has announced that the central government will establish a mineral trading exchange, modelled on the London Metal Exchange (LME), according to a report by PTI. Reddy said the platform will be developed in...

GameChange BOS opens transformer manufacturing unit in Maharashtra

GameChange BOS, a subsidiary of GameChange Energy Technologies, has started operations at its new medium voltage transformer plant in Taloja, Maharashtra. The manufacturing facility covers 180,000 square feet and has an annual production capacity of...

Greenzo Energy wins hydrogen electrolyser R&D order from EIL

Greenzo Energy India Limited has secured a research and development order from Engineers India Limited (EIL) for a hydrogen electrolyser modular unit at EIL’s R&D complex in Gurugram. The order, placed through the Government e-Marketplace, covers...

IREDA signs MoU with MNRE, setting FY 2025-26 performance targets

The Indian Renewable Energy Development Agency Limited (IREDA) has signed a performance-based Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) for the financial year 2025-26. Under the agreement, IREDA has been...

Six hydropower projects in Northeast marked as vulnerable

The Union Power Ministry has identified six major hydropower projects in the Northeast as vulnerable. According to Minister of State for Power Shripad Naik, the Central Electricity Authority (CEA) classified these projects as vulnerable because they...

NHPC delays commissioning of Karnisar solar project to September

NHPC Limited has revised the timeline for completing its 300 MW Karnisar solar power project in Rajasthan. The remaining capacity is now expected to be commissioned by September 30, 2025, instead of the earlier target of August 31. As of now, 214.28...

Andhra Pradesh approves 250 MW solar plant in Kadapa

The Andhra Pradesh Cabinet has cleared a 250 MW solar power project at Mylavaram in Kadapa district. The state government has allotted 200 acres to Adani Solar Energy for the project. Alongside this decision, the Cabinet also approved the Andhra...

PFC secures EUR 150 million loan from KfW for RDSS

Power Finance Corporation Ltd (PFC) has signed a loan agreement worth EUR 150 million with Germany’s KfW on August 21, 2025. The funds will be deployed under the Revamped Distribution Sector Scheme (RDSS) to improve the efficiency of state power...

PFC incorporates SPV for transmission project between SR Grid and ER Grid

Power Finance Corporation Ltd (PFC) has announced the incorporation of SR and ER Power Transmission Limited as a wholly owned subsidiary of PFC Consulting Ltd, according to its stock exchange filing dated August 22, 2025. The special-purpose vehicle...

Prostarm wins 150 MW/300 MWh BESS project in Karnataka

Prostarm Info Systems Limited has won Karnataka Power Transmission Corporation Limited’s (KPTCL) auction for a 150 MW/300 MWh standalone battery energy storage system (BESS) at the Doni substation in Gadag district. The project will operate on a...

ACME wins SECI’s green ammonia auction to supply IFFCO at Kandla

ACME Cleantech Solutions has won Solar Energy Corporation of India’s (SECI) latest green ammonia auction under the Strategic Interventions for Green Hydrogen Transition Programme (Mode-2A–Tranche-I). The company will supply 100,000 tonnes per annum...

Neo Infra fund acquires SolarArise for Rs 1,400 crore

Neo Group’s flagship infrastructure fund, Neo Infra Income Opportunities Fund (NIIOF), has acquired SolarArise India Projects Pvt. Ltd from ThomasLloyd Energy Impact Trust for an enterprise value of Rs 1,400 crore, according to Mint. The deal adds...

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NTPC REL signs PPA with PTC India for 1,200 MW solar power

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IEX Q1 electricity trade rises 16% to 37.5 BU amid higher power demand

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