News Subsections

Juno Joule and Select Energy to build green ammonia plant in Andhra Pradesh

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...

MIEPL to build 200 MW solar module plant for CEL in Ghaziabad

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...

Power Ministry reinforces RCO rules for CPPs and open access users

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 net profit falls 14.68% to Rs 34.12 billion in FY25

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...

Delhi raises rooftop solar subsidy to Rs 108,000 per household

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)...

PFCCL invites bids for 400/220 kV Saswad transmission project in Pune

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 to open nuclear energy to private players with new draft laws

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...

CERC releases draft guidelines for Virtual Power Purchase Agreements

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 Green begins 187.5 MW solar operations at Khavda park

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...

PFC reports Rs 305.14 bn profit in FY25; REC raises Rs 56.35 bn via bonds

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 wins EPC contract for Heo hydro project

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 expands solar O&M portfolio with new contracts

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 forms solar subsidiary, reports strong FY25 growth

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 secures CTUIL nod for 642.6 MW wind project in Gujarat

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 commissions 112.5 MW in Sikar

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...

Powergrid awards over Rs 17 billion in fresh contracts and posts steady profit

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 enters transformer business with Rs 2.93 billion acquisition

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...

Chandigarh to launch rooftop solar projects under RESCO model

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...

JSW Energy to invest Rs 140 billion in O2 Power

JSW Energy Limited has announced an investment of Rs 140 billion to expand the renewable energy capacity of its O2 Power platform. The company plans to scale up O2 Power’s portfolio to 4.7 GW by June 2027. O2 Power currently has 1.3 GW of installed...

Inox Green signs 285 MWp solar O&M deals

Inox Green Energy Services Limited has signed agreements to provide operations and maintenance (O&M) services for 285 MWp of solar projects owned by two major renewable energy developers in India. The projects are located across multiple sites...

Monthly Magazine

Subscribe To Our Newsletter

Loading

Recent Posts

Two firms in race for NHPC’s Salal hydro project

NHPC Limited has opened the financial bids for the civil and hydro-mechanical works package to...

PM Modi lays foundation, inaugurates Rajasthan transmission projects

Prime Minister Narendra Modi has laid the foundation stone for an interstate transmission project...

Gujarat revises power transmission land compensation policy

The Gujarat government has revised its Right of Way (RoW) compensation policy for power transmission...

UPERC retains FY27 power tariffs, raises subsidy and expands EV benefits

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved electricity tariffs for FY...

Diamond Power bags Rs 435 crore cable order for Hyderabad data centres

Diamond Power Infrastructure Limited (DICABS) has secured a supply order worth Rs 435.71 crore...

Accord Transformer acquires land for manufacturing expansion

Accord Transformer & Switchgear Limited has acquired land in Rajasthan for the expansion of its...

PM inaugurates 1,300 MW NHPC and SJVN solar projects in Rajasthan

Prime Minister Shri Narendra Modi virtually inaugurated two major solar power projects in Rajasthan...

Maharashtra awards Rs 825 crore contracts for 35,000 solar water pumps

The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has awarded contracts worth...

Why India’s thermal power projects continue to face delays

India’s thermal power capacity expansion continues to face execution challenges despite a...

Coal India, UPRVUNL sign JV agreement for renewable energy projects

Coal India Limited (CIL) and U.P. Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) have signed a joint...