Adani Energy Solutions Limited (AESL) has incorporated a wholly owned subsidiary named Adani Energy Solutions Step-Sixteen Limited. The new entity has an authorised and paid-up share capital of Rs 1 lakh each and is yet to commence operations. It...
The Karnataka government has dropped its plan to install 500 kW microgrid solar units with battery storage in one backward village within each electricity supply company’s jurisdiction, citing financial non-viability. According to Karnataka Renewable...
PFC Consulting Limited (PFCCL), acting as the bid process coordinator appointed by the Government of Maharashtra, has invited proposals to implement two transmission schemes in the state through tariff-based competitive bidding. 1. Transmission...
The Central Electricity Regulatory Commission (CERC) will hold a public hearing on 18 August 2025 to discuss the Draft Power Market (First Amendment) Regulations, 2025, and the Draft Guidelines for Virtual Power Purchase Agreements (VPPA). According...
The Ministry of New and Renewable Energy (MNRE) has issued a clarification on the applicability of the Approved List of Models and Manufacturers (ALMM) for government solar projects. In its memorandum dated August 12, 2025, the ministry addressed...
ReNew Power is preparing to list on Indian exchanges while withdrawing its Nasdaq listing, according to sources. The company has appointed JM Financial as its domestic adviser and Goldman Sachs, along with other global banks, for the process. The...
Grid-India has released a draft procedure to govern scheduling, metering, accounting, deviation settlement, transmission charge waivers, and Renewable Energy Certificate mechanisms for Energy Storage Systems, including battery storage and pumped...
The Punjab government has withdrawn its land pooling policy dated May 14, 2025, along with all amendments, amid political opposition and a court order halting its implementation. The policy sought to acquire large tracts of agricultural land for...
Solar Energy Corporation of India (SECI) recorded a 15% increase in net profit to Rs 501.92 crore in FY 2024-25, supported by higher revenue. Revenue from operations was Rs 15,185.10 crore, compared with Rs 13,035.07 crore in FY 2023-24. SJVN Limited...
Larsen & Toubro has received an order from Adani Power Limited to construct eight thermal power units, each with a capacity of 800 MW, adding a total of 6,400 MW of generation capacity. The contract, categorised by L&T as an “ultra-mega”...
The Ministry of Coal has started scientific coal mining in Meghalaya with production commencing at two blocks: Saryngkham A in East Jaintia Hills and Pyndengshahlang in West Khasi Hills. Saryngkham A received mining permission on March 10, 2025, and...
Oil India Ltd (OIL) and IREL (India) Limited have signed a Memorandum of Understanding to jointly explore and develop rare earth and critical minerals. The agreement was signed in Mumbai on August 7, 2025. OIL, under the Ministry of Petroleum and...
A consortium of SCC Infrastructure and InSolare has won the Solar Energy Corporation of India’s auction to supply 70,000 tonnes per annum of green ammonia under the Strategic Interventions for Green Hydrogen Transition Programme (Mode-2A, Tranche-I)...
Oyster Renewables intends to invest Rs 16,000 crore to build 2 gigawatts of renewable energy capacity in India by 2028. The company will finance the platform with Rs 4,000 crore in equity and Rs 12,000 crore through debt. The first two projects...
JSW Energy Limited has completed the commissioning of the third and final 80 MW unit at its Kutehr Hydroelectric Power Plant in Chamba, Himachal Pradesh. This comes just days after the company began power dispatch from the project’s first 80 MW unit...
Around 26 gigawatt (GW) of under-construction renewable energy capacity could be affected by the expiry of the full waiver on inter-state transmission system (ISTS) charges for solar and wind projects, according to Crisil Ratings. The exemption...
The Supreme Court has ruled that electricity tariffs under the Electricity Act, 2003 must be fixed by the relevant State Electricity Regulatory Commission, not through private arrangements between distribution companies and project developers. The...
NTPC has expressed interest in investing around Rs 80,000 crore in solar and wind power projects across Telangana, pointing to the state’s 6,700 MW potential for floating solar power generation. NTPC’s Chairman and Managing Director, Gurdeep Singh...
ACWA Power has won contracts to build and operate two solar photovoltaic (PV) projects in Morocco, Noor Midelt II and Noor Midelt III, each with a capacity of 400 MW. Both projects will include battery energy storage systems, providing a combined...
CORE Energy Systems has secured Rs 2 billion in a new funding round led by investors and a group of strategic backers. The funds will support the expansion of the company’s manufacturing facilities and contribute to India’s nuclear energy...
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