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Hero MotoCorp, Aurobindo Pharma to invest in captive solar power projects

The Board of Directors of Hero MotoCorp Limited has approved an agreement with CleanMax Enviro Energy Solutions Private Limited to set up a solar power project.  A special purpose vehicle (SPV) will be formed for the project, with Hero MotoCorp...

Jindal Nuclear plans 18,000 MW nuclear capacity by 2047

Jindal Nuclear Power Private Limited, a wholly owned subsidiary of Jindal Renewables, has announced plans to develop 18,000 MW of nuclear power capacity by 2047. This aligns with the Government of India’s target of achieving 100,000 MW of nuclear...

NTPC, NREDCAP form JV for 25 GW renewable projects

NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited, and the New & Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) have formed a joint venture (JV), “AP NGEL Harit Amrit Limited,” to develop 25,000 MW...

BHEL secures Rs 80 billion EPC contract for Koradi Thermal Power Project

Bharat Heavy Electricals Limited (BHEL) has received a Letter of Award (LoA) worth Rs 80 billion for the engineering, procurement, and construction (EPC) of the 2×660 MW Koradi Thermal Power Project.  The contract, awarded by Maharashtra State...

Sinovoltaics releases Q1 2025 global PV module ranking

Sinovoltaics’ Q1 2025 global PV Module Manufacturers Ranking shows India-based Insolation Energy, Waaree Renewable Technologies, and Solex Energy as the top three. The Altmann Z-score-based ranking covers 63 suppliers, tracking financial health from...

GE Vernova T&D reports 75% increase in order inflows in FY25

GE Vernova T&D India Ltd has reported a 75 per cent year-on-year increase in order inflows for the first three quarters (9M: April to December) of FY25. The new order inflow during this period reached Rs 77,871 million, up from Rs 44,563 million...

Hitachi Energy-BHEL consortium secures Rajasthan HVDC project

A consortium of Hitachi Energy India Ltd and Bharat Heavy Electricals Ltd (BHEL) has received a Letter of Intent (LoI) from Rajasthan Part I Power Transmission Ltd, a wholly-owned subsidiary of Adani Energy Solutions Ltd (AESL) for the Rajasthan...

Luminous inaugurates battery manufacturing plant in Haridwar

Luminous Power Technologies has inaugurated a lead acid battery manufacturing facility in Haridwar, Uttarakhand.  Spanning 8 acres in the SIDCUL Industrial Estate, the plant features a green positive plate manufacturing process using 100 per cent...

Torrent Power reports Q3 FY 2024-25 results with 31% PAT growth

Torrent Power has announced its financial results for the third quarter of FY 2024-25, ending December 31, 2024. The company reported a 31% year-on-year increase in profit after tax (PAT), reaching Rs 4.89 billion. The growth in PAT was largely...

Bhagyanagar India secures 65.7 MW solar project in Uttar Pradesh

Bhagyanagar India Limited has received Letters of Award (LoAs) from the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for setting up 65.7 MW of grid-connected solar power plants under the Renewable Energy Service Company (RESCO)...

Waaree secures solar module supply contract from Mahindra Susten

Waaree Renewable Energy Technologies Limited, formerly Sangam Renewables Limited, has won a contract from Mahindra Susten to supply solar modules for the 200 MW/280 MWp Rajasthan Solar Power Project (RUVNL). Under the contract, Waaree will supply its...

ACME Solar partners with Grew Energy for solar project in Rajasthan

ACME Solar Holdings Private Limited has signed an agreement with Grew Energy Private Limited to develop a solar power project in Bikaner, Rajasthan. The project will utilize GREW Solar’s Topcon solar modules, manufactured at its 3 GW facility near...

Amazon India signs PPAs for 379 MW wind power procurement

AEI New Energy Trading Private Limited, a wholly-owned subsidiary of Amazon India Retail Private Limited, has signed power purchase agreements (PPAs) with three companies for procuring power from 379 MW wind power projects. The agreements include:...

Andhra Pradesh approves Rs 183.58 billion investment for RE projects

The State Investment Promotion Board (SIPB) of Andhra Pradesh has approved investment proposals worth Rs 183.58 billion for setting up 2,087.6 MW of renewable energy projects across the state. The approved projects include: NSL Renewable CPP Private...

India’s solar cell manufacturing capacity to reach 55 GW by fiscal 2027

India’s solar cell manufacturing capacity is set to expand from 10 GW in fiscal 2024 to 50 GW–55 GW by fiscal 2027, driven by government policies aimed at reducing photovoltaic (PV) cell and module imports, according to a report by Crisil Ratings...

Gensol Engineering, Rayzon Solar secure solar project contracts

Gensol Engineering Limited has been awarded an engineering, procurement, and construction (EPC) contract valued at approximately Rs 9.679 billion (inclusive of goods and services tax) for a 245 MW solar photovoltaic project at the Khavda Renewable...

Tata Power inaugurates India’s largest single-location solar manufacturing facility

TP Solar Limited, the solar manufacturing arm of Tata Power and a subsidiary of Tata Power Renewable Energy Limited (TPREL), has inaugurated a 4.3 GW solar cell and module manufacturing facility in Tirunelveli, Tamil Nadu.  This facility is India’s...

Tata Power Renewable, Bank of Baroda partner to finance rooftop solar systems

Tata Power Renewable Energy Limited (TPREL) has signed a Memorandum of Understanding (MoU) with Bank of Baroda to offer financing options for residential rooftop solar power systems under the Pradhan Mantri Surya Ghar Yojana (PMSGY). Under the MoU...

CtrlS Datacenters launches 125 MWp GreenVolt 1 solar farm in Maharashtra

CtrlS Datacenters Limited has launched GreenVolt 1, a 125 MWp captive solar farm in Nagpur, Maharashtra, to power its data centre operations sustainably. Phase I of the solar farm, with a capacity of 62.5 MWp, began operations in June 2024. The...

RMC Switchgears secures contract for 10 MW solar project in Maharashtra

RMC Switchgears Limited has won a Rs 192.4 million contract from Maharashtra State Power Generation Company Limited (MSPGCL) for setting up 10 MW decentralised solar photovoltaic (PV) power projects under the “Mukhyamantri Saur Krishi Vahini Yojana...

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