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CERC proposes payment for infirm power from thermal plants before trial run

The Central Electricity Regulatory Commission (CERC) has issued the draft Deviation Settlement Mechanism and Related Matters (Second Amendment) Regulations, 2025, proposing limited payments for infirm power injected by thermal generating stations...

REC reports 12% rise in FY25 net profit to Rs 158.84 billion

REC Limited reported a net profit of Rs 158.84 billion in FY 2024-25, marking a 12.29 per cent increase from Rs 141.45 billion in the previous year. Total income rose by 18.63 per cent to Rs 564.34 billion, compared to Rs 475.71 billion in FY...

Adani and Bhutan’s DGPC to co-develop 5 GW hydropower projects

Adani Group has signed a memorandum of understanding (MoU) with Bhutan’s Druk Green Power Corporation (DGPC) to jointly develop 5 GW of hydropower capacity in Bhutan. This includes ongoing work on the 570/900 megawatt (MW) Wangchhu Hydropower...

ArcelorMittal starts renewable power supply to Hazira steel plant

ArcelorMittal has begun delivering clean energy to AMNS India’s Hazira steel facility in Gujarat using its newly operational 1 GW wind-solar hybrid project in Andhra Pradesh. This renewable power now covers more than 20 per cent of the Hazira plant’s...

Reliance Power posts Rs 126 crore Q4 profit

Reliance Power Limited reported improved financial performance for the fourth quarter (Q4) and fiscal year ending March 31, 2025. In Q4 FY25, the company recorded total income of Rs 20.66 billion ($241 million) and EBITDA (earnings before interest...

Husk launches BEEM, a rooftop solar platform for homeowners

Husk Power Systems has launched BEEM, a new rooftop solar platform tailored to meet the specific needs of residential users in India.  The platform is designed for flat rooftops, common in Indian homes, and includes two product lines, Aura and...

Advait Energy wins battery storage order in Gujarat

Advait Energy Transitions Limited (AETL) has secured an order from Gujarat Battery Energy Storage Solutions Private Limited for a 180 MW / 360 MWh battery energy storage system (BESS) project in Sanand, Gujarat. The scope includes supply, erection...

Aerem and OMC Power to finance rooftop solar projects in UP

Aerem Solutions Private Limited and OMC Power Limited have signed an agreement to finance rooftop solar power projects worth Rs 2,000 million in Uttar Pradesh. The partnership will support Micro, Small and Medium Enterprises (MSMEs) in setting up...

NHPC raises Rs 19.45 billion; NTPC to raise Rs 40 billion via bond issues

NHPC Limited has raised Rs 19.45 billion through the issuance of unsecured, redeemable, non-convertible, non-cumulative, taxable bonds (NCTs). These bonds, part of the 6.86% AF series, were issued on a private placement basis and will mature on May...

NLC India and APDCL form JV to develop 1 GW solar projects in Assam

NLC India Renewables Limited (NIRL) and Assam Power Distribution Company Limited (APDCL) have incorporated a joint venture company named “NIRL Assam Renewables Limited” to develop renewable energy (RE) projects in Assam. NIRL, a wholly-owned...

REC PDCL Board approves JV with BHEL for RE development

The Board of Directors of REC Power Development and Consultancy Limited (REC PDCL) has approved the formation of a joint venture company with Bharat Heavy Electricals Limited (BHEL) for renewable energy (RE) development in India. Both companies will...

Cleantech Solar commissions 80 MWp open access projects in Tamil Nadu

CSE Development (India) Private Limited commissioned 80 MWp of open access solar photovoltaic (PV) projects at its solar park in Tamil Nadu on May 8, 2025. The solar park has a total capacity of 275 MWp.   The power generated from these projects will...

CIL signs MoU with AM Green to develop 4,500 MW hybrid power projects

Coal India Limited (CIL) has signed a Memorandum of Understanding (MoU) with AM Green Ammonia (India) Private Limited to set up 4,500 MW of wind-solar hybrid power capacity in India. The agreement was signed on May 7, 2025. AM Green Ammonia is a...

Apar wins Rs 2.48 billion contracts for reconductoring works

Apar Industries Limited has bagged two contracts worth Rs 1,329.17 million and Rs 1,155.96 million under the Eastern Region Expansion Scheme-43 (ERES-43). The awards were announced on May 2, 2025. The tenders were issued by Power Grid Corporation of...

MNRE lowers efficiency thresholds for off-grid solar modules under ALMM

The Ministry of New and Renewable Energy (MNRE) has updated the approved list of models and manufacturers (ALMM), making it easier for low-wattage solar modules used in off-grid applications to qualify. The change applies to category-III off-grid...

Solex Energy wins Rs 4.5 billion solar module supply contract

Solex Energy Limited has secured a contract worth Rs 4,514.09 million from KPI Green Energy Limited. The contract involves the supply of N-Type TOPCon Glass-to-Glass (G12R) solar photovoltaic (PV) modules with a rated capacity of 615 Wp. These...

Suzlon and Integrum to build 100 MW captive wind projects for BPCL

Bharat Petroleum Corporation Limited (BPCL) has issued Letters of Award (LoAs) to Suzlon Energy Limited (SEL) and Integrum Energy Infrastructure Limited for setting up a total of 100 MW captive wind power capacity. Suzlon will develop a 50 MW wind...

Adani Power to supply 1,500 MW to Uttar Pradesh from 2030

Adani Power Limited (APL) has secured a contract to supply 1,500 MW of thermal power to Uttar Pradesh Power Corporation Limited (UPPCL). The supply will come from the upcoming Mirzapur Thermal Power Project in Uttar Pradesh. UPPCL had invited bids...

Seshasayee Paper to source 39 MW renewable power from hybrid project

Seshasayee Paper and Boards will source 39 MW of renewable energy from a wind-solar hybrid project being developed by Ganeko Solar in Tamil Nadu. The project will include 33 MW of solar and 6 MW of wind capacity. The hybrid facility will be developed...

NLCIL and IREL sign MoU to secure critical minerals and rare earths

NLC India Limited (NLCIL) and Indian Rare Earths Limited (IREL) have signed a memorandum of understanding (MoU) to collaborate on the sourcing and development of critical minerals and rare earth elements (REE). The agreement was formalized on May 6...

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

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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...