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India approves offset mechanism for carbon market

India has approved the Detailed Procedure for the Offset Mechanism and eight methodologies under the Indian Carbon Market (ICM). This enables voluntary participation in carbon trading and supports projects that reduce or remove greenhouse gas...

Madras High Court overturns solar power levy

The Madras High Court has struck down additional network charges imposed on rooftop solar power used for captive consumption. This ruling is expected to ease costs for industrial consumers and boost solar energy adoption in Tamil Nadu. The case...

Coal Ministry launches 12th tranche of commercial coal mine auctions

The Ministry of Coal has launched the 12th tranche of commercial coal mine auctions, offering 28 coal and lignite blocks for bidding.  The auction includes 25 coal mines under the Coal Mines (Special Provisions) Act, 2015 (CMSP) and 18 under the...

Solarium Green secures Rs 17.38 mn rooftop solar order from NVVNL

Solarium Green Energy Limited has won a rooftop solar contract worth approximately Rs 17.38 million from NTPC Vidyut Vyapar Nigam Limited (NVVNL) for a 500 kW grid-connected rooftop solar project at IGM Noida. The contract includes Rs 12.43 million...

PFCCL transfers SPV for Kurnool-III transmission project

PFC Consulting Limited (PFCCL) has transferred Kurnool III PS RE Transmission Limited, a special purpose vehicle (SPV), to Power Grid Corporation of India Limited (PGCIL) for strengthening the transmission system at Kurnool-III PS. The transfer took...

Actis acquires Stride Climate’s 371 MW solar portfolio in India

Actis, a global investor in sustainable infrastructure, has acquired the entire operating portfolio of Stride Climate Investments, consisting of 371 MW (414 MWp) of solar power projects in India.  The deal was finalized with Macquarie Asset...

BHEL secures Rs 118 bn EPC contract for 2×660 MW Korba West STPP

Bharat Heavy Electricals Limited (BHEL) has received a Letter of Intent (LoI) from Chhattisgarh State Power Generation Company Limited (CSPGCL) for the engineering, procurement, and construction (EPC) package of the 2×660 MW Korba West...

NTPC invites EOI for large-scale nuclear power projects in India

NTPC Limited has invited Expression of Interest (EOI) bids for partnerships in developing large-capacity pressurized water reactor (PWR) nuclear power plants in India.  The bid, announced on March 26, 2025, aims to indigenize PWR technology and...

Adani Green commissions 396.7 MW at Khavda wind-solar hybrid park

Adani Green Energy Limited (AGEL) has commenced commercial operations for 396.7 MW of wind and solar power projects under the 30,000 MW Khavda Wind-Solar Hybrid Renewable Energy Power Park in Gujarat’s Rann of Kutch. The projects became operational...

UPPCL awards 1,000 MW ISTS solar projects to three firms

Uttar Pradesh Power Corporation Limited (UPPCL) has awarded bids for setting up 1,000 MW of Inter-State Transmission System (ISTS)-connected solar power projects across India. The bidding results were announced on March 28, 2025, with three firms...

NTPC commissions 245 MW at Nokh Ultra Mega Solar Park in Rajasthan

NTPC Limited has commissioned 245 MW of solar power as part of the 735 MW Nokh Ultra Mega Solar Park Project in Jaisalmer, Rajasthan.  The project became commercially operational from midnight on March 26, 2025, following successful commissioning and...

Tamil Nadu plans 40 MW wind-solar hybrid project to replace old windmills

Tamil Nadu Green Energy Corporation Limited (TNGECL) is set to upgrade its renewable energy infrastructure by replacing aging windmills with a new 40 MW wind-solar hybrid power project. The initiative focuses on boosting clean energy generation in...

Major investments drive India’s clean energy and green finance expansion

India’s transition to clean energy and sustainable financing gained momentum today with three significant developments across the solar, electric vehicle (EV), and renewable power sectors. Luminous Power Technologies partnered with the State Bank of...

REC transfers Mahan Transmission to Adani Energy

REC Power Distribution Company Limited (REC PDCL) has transferred Mahan Transmission Limited, a special purpose vehicle (SPV), to Adani Energy Solutions Limited (AESL).  The handover, completed on March 26, 2025, follows a tariff-based competitive...

TPG to acquire majority stake in Siemens Gamesa’s wind business in India

TPG, a global alternative asset management firm, has agreed to acquire a majority stake in Siemens Gamesa’s onshore wind turbine manufacturing business in India and Sri Lanka. The investment will be made through TPG Rise Climate, the firm’s...

AMPIN Energy secures $50 million investment from Siemens

AMPIN Energy Transition has secured a $50 million equity investment from Siemens Financial Services, the financing arm of Siemens AG.  The funding will support AMPIN’s expansion in commercial and industrial (C&I) and utility-scale renewable...

Syngene increases stake in O2 Renewable Energy

Syngene International Limited has increased its stake in O2 Renewable Energy Private Limited II from 26 percent to 33.79 percent. This move strengthens Syngene’s renewable energy consumption strategy while ensuring compliance with captive power...

Diamond Power secures Rs 2.17 billion contracts for Gujarat energy projects

Diamond Power Infrastructure Limited has received multiple Letters of Intent (LoIs) for transmission and cable supply projects in Gujarat. The company secured an LoI worth Rs 231.68 million for the 220 kV D/C Maglana – Pachham line (80.01 km)...

BAJEL Projects secures transmission line contract for Bhopal Metro

BAJEL Projects Limited (formerly Bajaj Electricals Limited) has received a Notification of Award (NoA) from Madhya Pradesh Power Transmission Company Limited (MPPTCL) for the construction of overhead and underground transmission lines in Bhopal.  The...

Kalpataru Projects secures Rs 23.66 billion in new orders

Kalpataru Projects International Limited (KPIL) and its international subsidiaries have secured new orders worth Rs 23.66 billion.  The contracts include transmission and distribution (T&D) projects in India and overseas, along with a building...

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