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Adani Power posts Rs 127.50 billion net profit in FY25

Adani Power Limited has reported a net profit of Rs 127.50 billion in 2024–25, a decline of 38.78 percent from Rs 208.29 billion recorded in the previous year. Total income fell 2.28 percent to Rs 589.06 billion in FY25 from Rs 602.81 billion in...

Madhya Pradesh clears solar and storage projects, shared supply with Uttar Pradesh

The Madhya Pradesh cabinet has approved a 2,000 MW solar park and a 1,000 MW energy storage project to enable seasonal power sharing with Uttar Pradesh.  Electricity will be supplied to Madhya Pradesh during its Rabi season (October–March) and to...

Evren receives USD 100 million from ALTÉRRA for 11 GW renewables in India

Evren has received a USD 100 million investment from ALTÉRRA to develop around 11 GW of solar, wind, and battery storage projects in Rajasthan and Andhra Pradesh. The investment will support the development and construction of these large-scale...

MNRE launches green hydrogen certification scheme

The Ministry of New and Renewable Energy (MNRE) has launched the Green Hydrogen Certification Scheme (GHCI) to standardise and certify green hydrogen production in India.  The certification scheme sets a greenhouse gas emissions limit of 2 kg CO₂...

Uttar Pradesh targets 500 GW solar power generation by 2030

The Government of Uttar Pradesh has set a target to generate 500 GW of solar power by 2030, focusing on regions like Bundelkhand, Vindhya, and surrounding areas. The goal is to establish these regions as major solar energy hubs. To support this...

NTPC and Honeywell to study sustainable aviation fuel production

NTPC Green Energy Limited (NGEL) has signed a memorandum of understanding (MoU) with Honeywell UOP India Private Limited to explore the production of sustainable aviation fuel (SAF). The project will use captured carbon dioxide and green hydrogen as...

CEA releases draft rules revising RoW norms for transmission lines

The Central Electricity Authority (CEA) has issued the draft amendment to the CEA (Technical Standards for Construction of Electrical Plants and Electric Lines) Regulations, 2025. The amendment updates right of way (RoW) norms for transmission lines...

Avaada to build 3,650 MW pumped hydro projects in Maharashtra

Avaada Group has signed a memorandum of understanding (MoU) with the Water Resources Department of Maharashtra to develop two pumped storage hydro projects (PSHPs) with a combined capacity of 3,650 MW. The projects include the 2,400 MW Pawana Falyan...

Adani Green finds no irregularities in internal review of US bribery charges

Adani Green Energy has announced that its independent review into the US indictment of its founder and senior executives has found no evidence of non-compliance or irregularities. In a filing to the stock exchange, the company stated that it had...

Enerpac and PrimeGold to set up solar projects in Gujarat and Tamil Nadu

Enerpac India Private Limited is planning a 35 MW solar power project in Gujarat. The project will supply power to commercial and industrial (C&I) consumers under a group captive open access model. Target sectors include recycling, automotive...

KSEB plans to revive 163 MW Athirapally hydro project

Kerala State Electricity Board (KSEB) is working to revive the long-stalled 163 MW Athirapally Hydro Electric Project in Thrissur district. The project, earlier held back due to environmental concerns, has now received environmental clearance. KSEB’s...

DVC signs PPAs with SJVN for 592 MW hydropower from Himachal projects

Damodar Valley Corporation (DVC) signed two purchase power agreements (PPAs) with SJVN Limited on April 29, 2025, to procure hydro power from the Sunni Dam and Luhri Stage I projects in Himachal Pradesh. The Sunni Dam Hydro Electric Project is a...

Tangedco halts stability tests for 2,000 MW Sillahalla hydro project

Tamil Nadu Generation and Distribution Corporation Limited (Tangedco) has paused site stability tests, including rock blasting and earth quarrying, for its proposed 2,000 MW Sillahalla Pumped Storage Hydroelectric Project in the Nilgiris. Estimated...

RIL to build power transmission system for green hydrogen in Kandla

Reliance Industries Limited (RIL) has secured the contract to develop the “Transmission System for supply of power to Green Hydrogen/Ammonia manufacturing potential in Kandla area of Gujarat (Phase-I: 3 GW).” The bidding process was managed by PFC...

Rays Power JV wins 125 MW EPC contract in Assam

The joint venture (JV) of Rays Power Infra Private Limited and Insolation Energy Limited has secured an engineering, procurement, and construction (EPC) contract from Assam Power Distribution Company Limited (APDCL) to set up a 125 MW solar power...

Diamond Power wins cable supply order under DGVCL scheme

Diamond Power Infrastructure Limited has received a Letter of Intent (LoI) worth Rs 1,509.86 million from Rajesh Power Services Limited.  The order is for supplying cross-linked polyethylene (XLPE) aluminium armored high tension (HT) cables under the...

Hindalco commissions EV component plant in Pune

Hindalco Industries Limited, part of the Aditya Birla Group, has commissioned an electric vehicle (EV) component manufacturing facility in Chakan, Pune. Built at a cost of Rs 5 billion, the plant spans 5 acres and marks Hindalco’s entry into the EV...

REC raises Rs 50 billion via bonds to support power sector lending

REC Limited has mobilised Rs 50 billion through bond issuance on a private placement basis to bolster its funding for power sector financing. The issue included Rs 30 billion in 5-year bonds with a 6.87 per cent coupon rate and Rs 20 billion in...

Power Ministry discusses nuclear power expansion roadmap

At a meeting of the Consultative Committee of the Ministry of Power on April 28, 2025, the Union Minister for Power and Housing & Urban Affairs, Manohar Lal, presented the government’s roadmap for expanding nuclear power generation in India. The...

PGCIL awards rooftop solar contracts worth Rs 87.63 million

Power Grid Corporation of India Ltd (PGCIL) has awarded contracts for rooftop solar installations across its buildings in the Eastern and Western Regions under the PM Surya Ghar (PMSGY) Scheme.  In the Eastern Region, PGCIL awarded a contract worth...

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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...