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FGD retrofitting in thermal power plants reaches 11% of total capacity

The retrofitting of thermal power plants with flue-gas desulphurization (FGD) units has reached only 11.1% of the total installed capacity, according to a report presented in Parliament. Union Power Minister Manohar Lal informed the Rajya Sabha on...

Modi Biotech to expand ethanol capacity with Rs 1 billion investment

Modi Biotech Private Limited (MBPL), a subsidiary of Modi Naturals Limited, will invest Rs 1 billion to expand its ethanol production capacity.  The project will add 180 kilolitres per day (KLD) to the current 130 KLD, increasing the total capacity...

KKR sells 2.6% stake in India Grid Trust for Rs 2.77 billion

Kohlberg Kravis Roberts (KKR) has sold a 2.6 per cent stake in India Grid Trust through an open market transaction, valued at Rs 2.77 billion. KKR’s affiliate, Esoteric II Pte, sold 20.1 million units at an average price of Rs 138.01 per unit...

Sterlite Power raises Rs 7.25 billion to expand global operations

Sterlite Power Limited has raised Rs 7.25 billion in its first primary fundraising since becoming independent. The funds were raised through its global products and solutions business. This marks the first fundraising round since the company’s...

Waaree Energies secures 398 MW solar PV module orders

Waaree Energies Limited has received orders to supply solar photovoltaic (PV) modules for two projects totalling 398 MW. The orders, awarded by a prominent renewable power developer in India, include 298 MW and 149 MW of solar PV modules...

Shakti Pumps invests Rs 40 million in subsidiary SESPL

Shakti Pumps Limited has invested Rs 40 million in its wholly owned subsidiary, Shakti Energy Solutions Private Limited (SESPL), by subscribing to 40 million equity shares with a face value of Rs 1 each. The investment aims to expand SESPL’s business...

GE Power secures boiler parts order for Sanjay Gandhi Power Station

GE Power India Limited has received an extended purchase order from Madhya Pradesh Power Generating Company Limited (MPPGCL) to supply boiler parts at the Sanjay Gandhi Power Station. The order is valued at Rs 182.7 million and is scheduled for...

TNGECL plans 100 MW wind-solar hybrid projects in Tamil Nadu

Tamil Nadu Green Energy Corporation Limited (TNGECL) plans to develop 100 MW cumulative wind-solar hybrid power projects in the state. The projects are expected to be set up on a design, build, own, operate, and transfer (DBOOT) basis in Thoothukudi...

Sukhbir Agro Energy plans 1,200 MW RE projects in Andhra Pradesh

Sukhbir Agro Energy Limited (SAEL) is planning to establish 1,200 MW of renewable energy (RE) power projects in Andhra Pradesh. The project will be developed in two phases, with each phase consisting of 600 MW. ...

Surana Technologies signs PPA with MSEDCL for solar projects in Maharashtra

Surana Technologies Private Limited, a subsidiary of Surana Solar Limited, has signed a power purchase agreement (PPA) with Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 25 years.  The agreement covers the development of 54...

JSWEL signs PPA with Indus Towers for supply of 130 MW solar power

Indus Towers has signed a power purchase agreement (PPA) with JSW Green Energy Eight and announced an investment of Rs 380.3 million.  The agreement includes procuring 130 MW of renewable energy from a solar photovoltaic (PV) plant under a captive...

Andhra Pradesh unveils Sustainable Electric Mobility Policy 4.0

Andhra Pradesh has launched its Sustainable Electric Mobility Policy 4.0 (2024-2029) to establish itself as a global hub for electric vehicle (EV) manufacturing and achieve carbon neutrality (Scope 1 emissions) by 2047.  The policy targets the...

Shakti Pumps wins Rs 7.54 billion solar water pump contract from MSEDCL

Shakti Pumps Limited has secured a contract from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to supply and install 25,000 stand-alone off-grid direct current solar photovoltaic water pumping systems.  The contract, valued at...

Adani Green forms SPVs for renewable energy projects

Adani Renewable Energy Holding Nine Limited, a subsidiary of Adani Green Energy Limited (AGEL), has established three special purpose vehicles (SPVs) to implement its renewable energy projects.  The SPVs—Adani Green Energy Sixty Five Limited...

G R Infraprojects wins bid for Karnataka Bijapur REZ project

G R Infraprojects Limited has received a Letter of Intent (LoI) for the Transmission Scheme to integrate the Bijapur Renewable Energy Zone (REZ) in Karnataka.  The project was awarded through a tariff-based competitive bidding (TBCB) process on a...

Ambuja Cements commissions 200 MW solar project in Gujarat

Ambuja Cements has commissioned its 200 MW solar power project in Khavda, Gujarat, with transmission starting on December 12, 2024.  The remaining 806 MW capacity is under various commissioning stages and is expected to be operational between March...

Powergrid wins bids for Kudankulam and Karnataka RE projects

Power Grid Corporation of India Limited (PGCIL) has received Letters of Intent (LoI) for two major transmission projects.  These include the transmission system under ISTS for evacuating power from Kudankulam Nuclear Power Plant Units 3 and 4...

Rays Green Energy to build solar module and cell plant in Madhya Pradesh

Rays Green Energy Manufacturing, a subsidiary of Rays Power Infra, will establish a solar module and cell facility in Madhya Pradesh with a total investment of Rs 14 billion.  The plant will include a 1.5 GW solar cell unit and a 3 GW solar module...

Mizoram launches rooftop solar initiative under PM-SGMBY

Mizoram’s power and electricity minister has introduced a new initiative under the PM-Surya Ghar Muft Bijli Yojana (PM-SGMBY), enabling households to install rooftop solar systems with substantial government subsidies.  The scheme is available...

SolarSquare secures $40 million to expand rooftop solar operations

Mumbai-based rooftop solar company SolarSquare has raised $40 million in a Series B funding round led by Lightspeed, with Lightrock also participating.  Existing investors, including Elevation Capital, Lowercarbon, Rainmatter, and Gruhas Proptech...

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PM lays foundation stone for 50 MW floating solar project in Kerala

Prime Minister Narendra Modi laid the foundation stone for a 50 MW floating solar project at West...

EAC clears only one of nine coal plants seeking FGD exemption

In two consecutive sittings of the Expert Appraisal Committee for thermal power projects, held on...

GREW Solar secures Rs 500 crore repeat module order

GREW Solar has received a repeat order worth about Rs 500 crore from an independent power producer...

PM-KUSUM 2.0 to include 10 GW agrivoltaic component

The government is preparing PM-KUSUM 2.0 with a dedicated 10 GW agrivoltaic (agri-PV) component to...

Aerem appoints Nilesh Malani as Executive Director

Aerem has appointed Nilesh Malani as Executive Director. In this role, he will lead the company’s...

Eastman commissions 800 MW solar module facility in Haryana

Eastman Auto & Power Limited (EAPL) has operationalised an 800 MW solar photovoltaic (PV) panel...

KEC International secures Rs 1,476 crore T&D orders across regions

KEC International Limited has secured new orders worth Rs 1,476 crore across its Transmission and...

Indo-Tech Transformers loses Rs 65 crore ReNew Wind transformer order

Indo-Tech Transformers Limited has disclosed the cancellation of a Rs 64.99 crore order from Renew...

ACME Solar commissions third phase of Jaisalmer battery storage project

ACME Solar Holdings Limited (ASHL) has commissioned the third phase of its battery energy storage...

Dilip Buildcon receives LoI for 400 kV Mekhali substation project in Karnataka

Dilip Buildcon Limited (DBL) has received a Letter of Intent from REC Power Development and...