Promethean Energy has secured $2 million in a Pre-Series A funding round led by Transition VC. Other participants included Sangam Venture, Sagana Capital, and Fondation Botnar. The Mumbai-based clean technology company will use the funds to expand...
The Government of Andhra Pradesh (GoAP) has allocated a 2,000 MW (2,600 MWp) solar power project to Bondada Engineering Limited. The project was awarded on May 22, 2025, and will be developed over the next 24 months at an estimated cost of Rs 90...
Juno Joule Green Energy Private Limited has signed a memorandum of understanding (MoU) with Germany’s Select Energy GmbH to co-develop a green hydrogen and ammonia export facility at Mulapeta port in Andhra Pradesh. The total investment for the...
Multi Infrastructure and Engineering Private Limited (MIEPL) has secured a contract from Central Electronics Limited (CEL) to set up a 200 MW solar module manufacturing facility in Ghaziabad, Uttar Pradesh. The project tender was floated by CEL in...
The Ministry of Power (MoP) and the Bureau of Energy Efficiency (BEE) have issued fresh directives to ensure compliance with the Renewable Consumption Obligations (RCO) framework. This applies to designated consumers, including captive power plants...
NHPC Limited reported a standalone net profit of Rs 34.12 billion in 2024-25, down 14.68% from Rs 39.99 billion in the previous year. The decline was partly due to one-time provisions and arbitration-related expenses. Total income rose 6.69% to Rs...
The Delhi government has approved an additional subsidy of Rs 30,000 for installing 3 kW rooftop solar systems. This is over and above the Rs 78,000 subsidy provided by the central government under the PM Surya Ghar: Muft Bijli Yojana (PMSGMBY)...
PFC Consulting Limited (PFCCL) issued a Request for Proposal (RfP) on May 22, 2025, to select a transmission service provider (TSP) for a new substation in Pune district. The project will follow a tariff-based competitive bidding (TBCB) process on a...
India is considering major amendments to the Atomic Energy Act, 1962, which could allow private sector participation in nuclear power generation for the first time. The move aims to support the country’s target of reaching 100 GW of atomic...
The Central Electricity Regulatory Commission (CERC) has issued draft guidelines for Virtual Power Purchase Agreements (VPPAs). These agreements are designed to help large electricity consumers meet renewable energy targets without taking physical...
Adani Renewable Energy Fifty Seven Limited, a subsidiary of Adani Green Energy Limited (AGEL), started commercial operations of a 187.5 MW solar power project in Gujarat’s Khavda on May 22, 2025. The project is part of AGEL’s larger plan to...
Power Finance Corporation (PFC) Limited reported a 15 per cent rise in its consolidated profit after tax (PAT) for FY 2024-25, reaching Rs 305.14 billion, up from Rs 264.61 billion in the previous year. The company’s loan asset book rose by 12 per...
Patel Engineering Limited has secured an EPC (engineering, procurement, and construction) contract worth Rs 7.11 billion from NEEPCO Limited for the 240 MW Heo hydropower project in Arunachal Pradesh. The project is located in the Shi Yomi district...
Inox Green Energy Services Limited has signed agreements to provide operation and maintenance (O&M) services for 639 MWp of solar projects. These projects are owned by a major Indian renewable energy company backed by a global energy corporation...
Waaree Renewable Technologies Limited has announced the incorporation of a new wholly owned subsidiary, Sunsational Power Private Limited, to strengthen its presence in the solar energy sector. The subsidiary, set up with an authorised capital of Rs...
KPI Green Energy Limited has received in-principle connectivity approval from the Central Transmission Utility of India Limited (CTUIL) for its 642.6 MW wind power project in Gujarat. The project will be developed through its wholly owned subsidiary...
ACME Solar Holdings Limited has commissioned 112.5 MW of solar capacity as part of the second phase of its Sikar solar project in Bikaner, Rajasthan. Earlier this month, the company commissioned 52.5 MW. With these additions, the total commissioned...
Power Grid Corporation of India Limited (Powergrid) has issued several key project awards recently, with the latest set totalling over Rs 17 billion. These include notable contracts awarded to KEC International, VIKRAN Engineering, CG Power, and GE...
Waaree Energies Limited has acquired 100 per cent equity in Kamath Transformers Private Limited and Green New Delhi Forever Energy Private Limited, expanding its footprint in both manufacturing and power project development. The acquisition of Kamath...
The Chandigarh Renewal Energy and Science and Technology Promotion Society (CREST) will roll out rooftop solar installations on government-built properties using the renewable energy service company (RESCO) model. The initiative will begin with 3 MW...
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Waaree Energies Limited has informed stock exchanges that it received an order on June 15, 2026, for...
The Ministry of New and Renewable Energy (MNRE) has clarified the procedure for rooftop solar...
Sugs Lloyd Limited and Oswal Pumps Limited have announced receipt of Letters of Award (LOAs) from...
The Maharashtra government has amended its Integrated Green Data Center Parks policy, expanding the...
The Karnataka Electricity Regulatory Commission (KERC) has issued draft regulations proposing a...
The Central Electricity Authority (CEA) has decided to mandate Grid Forming Inverters (GFM) for all...
NLC India Limited has declared commercial operation declaration (COD) for Unit-3 of the Ghatampur...
JSW Energy Limited has signed a definitive agreement with Kolahai Infotech Private Limited and SFI...
H.G. Infra Engineering Limited (HGFINRA) has received a letter of intent (LOI) from REC Power...
The central government has approved Rs 531 crore in Central Financial Assistance (CFA) for 553 solar...