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MoP issues competitive bidding guidelines for pumped storage procurement

The Ministry of Power has introduced tariff-based competitive bidding guidelines for procuring stored energy from existing, under-construction, or new Pumped Storage Projects (PSP). As per the National Electricity Plan 2023, India will require 74...

Premier Energies secures Rs 12.34 billion solar module supply contracts

Premier Energies Photovoltaic Private Limited, a wholly-owned subsidiary of Premier Energies Limited (PEL), secured contracts worth Rs 12.34 billion for the supply of solar photovoltaic (PV) modules in India on February 14, 2025. The supply is...

Skipper secures Rs 13.18 billion in new orders in Q3 FY25

Skipper Ltd received new orders worth Rs 13.18 billion in Q3 FY25 (October to December), bringing the total order inflows for the fiscal year to Rs 37.43 billion. The company secured significant contracts from Power Grid Corporation of India Ltd...

KPIT Technologies, Trentar Energy collaborate on sodium-ion battery technology

KPIT Technologies and Trentar Energy Solutions have entered into a collaboration for the development and commercialisation of sodium-ion battery technology. As part of this agreement, KPIT will transfer its sodium-ion battery technology to Trentar...

Waaree Renewable wins LoA for 40 MWh BESS project in Gujarat

Waaree Renewable Technologies Limited has received a Letter of Award (LoA) from Continuum Green Energy Limited for the engineering, procurement, and construction (EPC) of a 40 MWh battery energy storage system (BESS) at wind-solar hybrid sites in...

BGR Tech launches 100 kW hydrogen purification system

BGR Tech Limited has introduced its 100 kW hydrogen purification system designed to enhance electrolysis-based hydrogen purification. This newly developed system delivers 99.999 per cent pure, fuel cell-grade hydrogen and is engineered to operate at...

MNRE issues draft guidelines for solar cold storage systems with TES backup

The Ministry of New and Renewable Energy (MNRE) has released draft guidelines outlining the design, specifications, performance, and testing for solar cold storage systems equipped with thermal energy storage (TES) backup. These systems are primarily...

CEA issues procedure for verifying captive status of generating plants across states

The Central Electricity Authority (CEA) has introduced a new procedure to verify the captive status of generating plants where the Captive Generating Plant (CGP) and its users are in different states.  Effective from FY 2024-25, this procedure...

Sterlite Power secures Rs 22.5 billion orders in Q3 FY25

Sterlite Power has won new orders worth Rs 22.5 billion and secured L1 positions for orders worth Rs 6.5 billion in Q3 FY25, marking its highest order book in the current financial year.  These orders span across its Global Products and Services...

CDIL launches India’s first indigenous solar bypass diodes

CDIL Semiconductors has introduced India’s first domestically manufactured solar bypass diodes, designed to enhance solar panel efficiency and longevity. These diodes, produced at CDIL’s Mohali facility in Punjab, aim to reduce reliance on imports...

Suzlon secures 201.6 MW wind project contract in Madhya Pradesh

Suzlon Energy Limited (SEL) has won a contract from Oyster Renewable Energy Private Limited (OREPL) for the supply, erection, and commissioning of 64 S144 Wind Turbine Generators (WTGs) with Hybrid Lattice Tubular (HLT) towers.  Each turbine has a...

Eastman Auto partners with Urja Mobility for lithium-ion battery technology

Eastman Auto and Power Limited (EAPL), through its subsidiary Eastman New Energy Private Limited, has signed a Memorandum of Understanding (MoU) with MTOW Mobility Private Limited (Urja Mobility) to collaborate on developing and deploying lithium-ion...

Salzer Electronics delivers first smart meter order

Salzer Electronics Ltd, a new player in the smart meter manufacturing industry, has successfully delivered its first commercial order of 25,000 smart meters, valued at approximately Rs 50 million, during the third quarter (Q3: October to December) of...

Schneider Electric to invest in expanding transformer manufacturing

Schneider Electric Infrastructure Ltd (SEIL) has announced plans to expand its medium power transformer manufacturing capacity. In a regulatory filing on February 11, 2025,  SEIL revealed that its board of directors approved an investment of Rs 136...

Ministry of Coal awards Rs 85 billion for coal gasification projects

The Ministry of Coal has issued letters of award (LoAs) under Category II of the Rs 85 billion coal gasification incentive scheme (CGIS) to selected applicants. Jindal Steel and Power Limited was awarded Rs 5.69 billion for a 2 million tonnes per...

SIDBI and AFD sign $100 million credit facility to boost green finance for MSMEs

The Small Industries Development Bank of India (SIDBI) and Agence Française de Développement (AFD) have signed a $100 million credit facility agreement aimed at enhancing green finance solutions for micro, small, and medium enterprises (MSMEs) in...

ONGPL to acquire Ayana Renewable Power for Rs 195 billion

ONGC NTPC Green Limited (ONGPL), a joint venture between ONGC Green and NTPC Green Energy Limited, has signed a share purchase agreement to acquire a 100 per cent equity stake in Ayana Renewable Power for Rs 195 billion.  The agreement was finalized...

Karnataka signs MoUs worth over Rs 3.37 trillion for RE projects

The Government of Karnataka (GoK) has signed multiple Memorandums of Understanding (MoUs) with various firms under the “Invest Karnataka-2025” summit to develop renewable energy (RE) projects in the state. The agreements, collectively valued at over...

PSPCL awards contracts for 31.37 MW rooftop solar projects across Punjab

Punjab State Power Corporation Limited (PSPCL) has issued Letters of Award (LoAs) to five firms for developing a total of 31.37 MW grid-connected rooftop solar photovoltaic (PV) projects under the capital expenditure (CAPEX) model. The projects will...

MEIL to invest Rs 103 billion in pumped storage project in AP

Megha Engineering and Infrastructure Limited (MEIL) is set to invest Rs 103 billion in developing a pumped storage project (PSP) at Kommuru in Annamayya district, Andhra Pradesh.  The project has received approval from the State Investment Promotion...

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