Martial Solren, a wholly-owned subsidiary of Mahindra Susten, has achieved financial closure for its 400 MW/560 MWp solar power projects in Gujarat and Rajasthan. The company secured a Rs14.48 billion loan from HDFC Bank and Axis Bank for the...
Juniper Green Energy has signed an agreement with First Solar to procure 1 GW of advanced Series 7 FT1 cadmium telluride (CdTe) thin-film photovoltaic (PV) modules. The modules will be supplied over two years and deployed across Juniper Green...
Five firms have won bids for setting up 2,000 MW Inter-State Transmission System (ISTS) connected solar power projects and 1,000 MW energy storage systems (ESS) under Tranche-XVII of the Solar Energy Corporation of India (SECI), announced on December...
The National Committee on Transmission (NCT), in its 25th meeting, recommended the tariff-based competitive bidding (TBCB) route with PFC Consulting Limited (PFCCL) as the bid process coordinator (BPC) for the Transmission system for proposed Green...
The Competition Commission of India (CCI) has recently approved the acquisition of thyssenkrupp Electrical Steel India Pvt Ltd (thyssenkrupp India) by Jsquare Electrical Steel Nashik Pvt Ltd (JSquare). JSquare, a newly-incorporated subsidiary of JSW...
The Maharashtra Electricity Regulatory Commission (MERC) and Global Energy Alliance for People and Planet (GEAPP) have signed a Statement of Intent (SoI) to support Maharashtra’s energy transition through regulatory and policy innovations. The...
The National Committee on Transmission (NCT) has approved the implementation of “Transmission system strengthening to facilitate evacuation of power from Bhadla/Bikaner complex.” The scheme was initially approved under the TBCB route in the 19th...
Waaree Renewable Energy Technologies Limited has won bids to set up a 170 MW capacity under Unit-III of the Neemuch Solar Power Park Project in Madhya Pradesh. The company quoted a tariff of Rs 2.15 per kWh for the project. The Rewa Ultra Mega Solar...
Teerth Gopicon Private Limited has received a Letter of Award (LoA) worth Rs 2.37 billion from Rajasthan Renewable Energy Corporation Limited (RRECL) to set up 37 MW of rooftop solar photovoltaic (PV) power projects on government buildings in Baran...
GE Vernova T&D India Limited has secured an order from Sterlite Power for the supply and supervision of 765 kV power transformers and reactors for the Khavda project. The contract, valued at approximately Rs 4 billion, is scheduled to be...
Continuum Green Energy Limited has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) to raise Rs 36.5 billion. The IPO includes a fresh issue of shares worth Rs...
Japan has identified manufacturing and renewable energy, particularly solar energy, as key sectors for collaboration with Rajasthan. This focus was highlighted during the Japan Country Session titled “Versatility of Industries: Manufacturing and...
The Central government has approved the development of a 2,000 MW solar park in Rajasthan, with 30 per cent central financial assistance. The project will be developed by Rajasthan Solar Development Corporation. Rajasthan currently has an installed...
Serentica Renewables India Private Limited (SRIPL) has announced plans to set up 10,000 MW of renewable energy projects in Rajasthan. The company intends to invest Rs 500 billion in the state, as part of the “Rising Rajasthan Summit 2024,” to...
Adani Group has announced plans to invest over Rs 7 trillion in Rajasthan across multiple sectors, including renewable energy. The investment includes developing 100 GW of renewable energy capacity, aiming to create the world’s largest integrated...
Avaada Group has pledged an investment of Rs 1 trillion to transform Rajasthan into the world’s largest renewable energy hub. This initiative aims to drive green manufacturing, create millions of jobs, and contribute to the state’s economic...
Tata Power has announced an investment of Rs 1.2 trillion in Rajasthan to develop various renewable energy projects, including rooftop solar installations and electric vehicle (EV) charging infrastructure. The announcement was made at the Rising...
JSW Renew Energy Thirty Two Limited, a subsidiary of JSW Energy Limited (JSWEL), has signed a definitive agreement with DCM Shriram Limited to establish a 68 MW wind-solar hybrid power project in Kota, Rajasthan. The project will supply renewable...
Fujiyama Power Systems, a major player in the rooftop solar segment, has acquired 24.89 hectares in Ratlam, Madhya Pradesh, to set up a solar manufacturing facility. The Delhi-based company plans to invest Rs 6.5 billion to produce solar panels...
Airox Nigen has established a 600 MW solar module manufacturing line in Rohnat, Haryana, as part of its larger 2 GW renewable energy project. According to the company, the facility, located in a 17-acre renewable energy park, is positioned to become...
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Prime Minister Narendra Modi laid the foundation stone for a 50 MW floating solar project at West...
In two consecutive sittings of the Expert Appraisal Committee for thermal power projects, held on...
GREW Solar has received a repeat order worth about Rs 500 crore from an independent power producer...
The government is preparing PM-KUSUM 2.0 with a dedicated 10 GW agrivoltaic (agri-PV) component to...
Aerem has appointed Nilesh Malani as Executive Director. In this role, he will lead the company’s...
Eastman Auto & Power Limited (EAPL) has operationalised an 800 MW solar photovoltaic (PV) panel...
KEC International Limited has secured new orders worth Rs 1,476 crore across its Transmission and...
Indo-Tech Transformers Limited has disclosed the cancellation of a Rs 64.99 crore order from Renew...
ACME Solar Holdings Limited (ASHL) has commissioned the third phase of its battery energy storage...
Dilip Buildcon Limited (DBL) has received a Letter of Intent from REC Power Development and...