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Advait Energy sets up subsidiary for power transmission tools

Advait Energy Transitions Limited, formerly Advait Infratech Limited, has incorporated a wholly owned subsidiary, Advait Transmission Tools Private Limited, for power transmission lines (TLs) work.  The subsidiary, established on February 18, 2025...

West Bengal, Odisha, Uttar Pradesh, Rajasthan outline power sector plans in state budgets

The Government of West Bengal has allocated Rs 41,410 million for the Department of Power in the State Budget 2025-2026. A sum of Rs 816 million has been proposed for the Non-Conventional & Renewable Energy Sources department. Plans include the...

L&T acquires full ownership of LTSSHF

Larsen & Toubro Limited (L&T) has acquired the remaining 26% stake in L&T Special Steels and Heavy Forgings Private Limited (LTSSHF) from Nuclear Power Corporation of India Limited (NPCIL), making it a wholly owned subsidiary.  With full...

TARIL wins Rs 1,664.5 million contract for coupling transformers supply

Transformers and Rectifiers India Limited (TARIL) secured a Rs 1,664.5 million contract from Hyosung T&D India Private Limited for the supply of single-phase coupling transformers.  The contract was awarded on February 18, 2025, with completion...

MoP issues advisory on co-locating energy storage with solar projects

The Ministry of Power (MoP) has issued an advisory to all state governments, central generating stations, and renewable energy implementing agencies (REIAs) on integrating energy storage systems (ESS) with solar power projects.  The initiative aims...

NCLT approves JSW’s acquisition of 3,600 MW KSK Mahanadi project

The National Company Law Tribunal (NCLT) has approved JSW Energy Limited’s acquisition of KSK Mahanadi for the 3,600 MW Akaltara (Nariyara) Thermal Power Project. The approval was granted on February 13, 2025. The thermal power project, located in...

NTPC plans 30,000 MW nuclear capacity by 2032

NTPC Limited aims to establish 30,000 MW of nuclear power capacity by 2032 and is seeking land in eight states. The company is also working on partnerships with foreign firms such as Électricité de France (EDF) (France), General Electric (GE) (US)...

Four firms qualify for Mahan Energen’s 1,230 MW power evacuation

Four companies have qualified as bidders after the opening of technical bids for the intra-state transmission system to evacuate 1,230 MW power from Mahan Energen Ltd.’s (MEL) 2×800 MW thermal power project. The qualified firms are Power Grid...

GAIL and Accelera partner for clean energy initiatives

GAIL (India) and Accelera by Cummins, the zero-emissions division of Cummins, have signed a memorandum of understanding (MoU) to collaborate on clean energy and energy transition technologies in India. The partnership was formalized during India...

Kerala allocates Rs 11,567.6 million for energy projects in 2025-26 budget

The Government of Kerala (GoK) has allocated Rs 11,567.6 million for energy development in the 2025-26 state budget. The funds will support solar, hydro, and green hydrogen projects, along with energy storage and conservation initiatives. For the...

West Bengal commissions 117.5 MW solar projects

The Government of West Bengal (GoWB) has commissioned a total of 117.5 MW solar power projects in the state. This includes a 112.5 MW solar power project under Phase-I at Goaltore in Garbeta-II Block, West Medinipur district. The project is part of...

Alpex Solar secures Rs 450 million order for solar water pumps

Alpex Solar has won a Rs 450 million order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to supply 2,000 solar-powered water pumps under the Magel Tyala Saur Krushi Pump scheme.  The pumps will be manufactured at Alpex...

Dynolt Technologies and Credit Fair secure funding to drive clean energy

Dynolt Technologies has raised $1.7 million in a seed funding round led by Transition VC, with additional investment from angel investor Yashowardhan Shah.  The funding will be used to expand its high-power charger product line using wide bandgap...

Shakti Pumps invests Rs 390 million in EV mobility subsidiary

Shakti Pumps Limited has invested Rs 390 million in its wholly owned subsidiary, Shakti Electric Vehicle (EV) Mobility Private Limited, by subscribing to 4 million equity shares of face value Rs 10 each.  The subsidiary will focus on manufacturing...

MHI signs agreement with Reliance for 10 GWh ACC capacity

The Ministry of Heavy Industries (MHI) has signed a Programme Agreement with Reliance New Energy Battery Limited, a subsidiary of Reliance Industries Limited, under the Production Linked Incentive (PLI) Scheme for Advanced Chemistry Cell (ACC). ...

MoP issues draft guidelines for Renewable Energy Implementing Agencies designation

The Ministry of Power (MoP) has released draft guidelines for designating companies as Renewable Energy Implementing Agencies (REIA) to accelerate renewable energy development under the tariff-based competitive bidding (TBCB) framework. REIAs will...

AHAsolar secures NEEPCO contract for floating solar project studies

AHAsolar Technologies Limited has won a contract worth Rs 2.95 million from North Eastern Electric Power Corporation Limited (NEEPCO) for preparing pre-feasibility reports (PFRs) and detailed project reports (DPRs) for five floating solar projects...

Assam Cabinet approves Clean Energy Policy

The Assam Cabinet has approved the Assam Integrated Clean Energy Policy, 2025, aiming to establish the state as a renewable energy hub. The policy promotes solar, wind, mini and small hydro projects, pumped storage solutions, battery energy storage...

Karnataka signs MoU with Paschim Renewables for 30 MW solar project

The Government of Karnataka (GoK) has signed a Memorandum of Understanding (MoU) with Paschim Renewables Private Limited (PRPL) to develop a 30 MW solar power project in Raichur district.  The project, expected to be completed in 2025, will require...

POWERGRID wins LoI for two inter-state transmission projects

On February 17, 2025, Power Grid Corporation of India Limited (POWERGRID) received the Letter of Intent (LoI) for two inter-state transmission projects under the Build, Own, Operate, and Transfer (BOOT) model. These include: Transmission Scheme for...

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