The Ministry of Power (MoP) is set to launch a Rs 10 billion scheme to support energy efficiency initiatives among small and medium businesses, aiming to incentivize adoption of energy-efficient technologies. Under the Bureau of Energy...
NHPC has announced that all four units of the Parbati-II Hydroelectric Project (800 MW) in Himachal Pradesh are expected to be operational by March 2025. This run-of-the-river project is designed to harness the hydro potential of the lower reaches...
PFC Consulting Limited (PFCCL) has established Wahipora and Sallar Transmission Limited for the transmission project involving the construction of grid substations at Wahipora and Sallar in Kashmir. The project encompasses the downstream...
Solex Energy Limited reported robust financial performance in H1 FY2024-25, with total income surging 194% to Rs 2.731 billion, up from Rs 930 million in H1 FY24. EBITDA increased 168% to Rs 253.7 million, and net worth expanded 244% to Rs 1.317...
Surana Solar Limited has acquired a 100% stake in Surana Technologies Private Limited, making it a wholly-owned subsidiary. Surana Technologies, with an authorized, subscribed, and paid-up capital of Rs 100,000, operates in the solar energy sector...
NHPC Limited has reported a net profit of Rs 10.69 billion for the quarter ending September 2024, marking a 36.86% decline from Rs 16.93 billion in the same quarter the previous year. However, the company’s total income rose by 9.25% to Rs 34.02...
Kalpataru Projects International Limited (KPIL) has announced new orders totalling Rs 22.73 billion across domestic and international markets. The orders, awarded to KPIL along with its joint ventures and subsidiaries, cover Transmission &...
Insolation Energy Ltd., via its wholly-owned subsidiary Insolation Green Energy Private Limited, has received a Rs 714 million purchase order from ACME Cleantech Solutions Private Limited. The order is for the supply of solar PV modules. Recently...
Patel Engineering Limited announced a net profit increase of 151% year-over-year for Q2 FY25. For the quarter ending September 30, 2024, the company reported a revenue increase of 14.98%, reaching Rs 11,743 million, driven by progress in hydropower...
The Government of Rajasthan signed a Memorandum of Understanding (MoU) with RMC Switchgears Limited on November 9, 2024, to set up a 1,000 MW Ultra Mega Solar Park Project (UMSPP) with an integrated Battery Energy Storage System (BESS). The project...
Bharat Heavy Electricals Ltd (BHEL) has secured a contract from NTPC Ltd to establish the main plant package for the 3×800 MW Telangana Stage-II supercritical thermal power plant. The contract encompasses design, engineering, manufacturing, supply...
Larsen & Toubro’s (L&T) Energy CarbonLite Solutions division has received a ‘Limited Notice to Proceed’ (LNTP) from NTPC to develop thermal power plants valued at over Rs 150 billion. The contract includes main plant...
Waaree Renewable Technologies Ltd (WRTL) has secured an order to establish a 41.6 MW solar project in Cuddalore, Tamil Nadu. The project, valued at approximately Rs 1.47 billion, is scheduled for completion in the fiscal year 2025-26. This...
Power Grid Corporation of India Ltd (PGCIL) has acquired Bikaner A Power Transmission Ltd (BATPL) and Bikaner B Power Transmission Limited, both established to support the “Transmission system for evacuation of power from Rajasthan REZ Phase IV...
Sugs Lloyd has emerged as the lowest bidder for two Bihar government projects worth Rs 3 billion. The contracts include the supply, installation, testing, and commissioning (SITC) of a power substation along with high-tension (HT) and low-tension...
Sunkind has announced securing a 570 MW solar energy project from Maharashtra State Power Generation Company Limited (Mahagenco) under the Mukhyamantri Saur Krushi Vahini Yojana (MSKVY 2.0 scheme). The project includes a 569 MW EPC component and a...
A recent survey, “Solar Spectrum of New India,” by Luminous Power Technologies, reveals rising consumer interest in solar energy in India, yet highlights affordability and skilled labour as key barriers. The survey indicates that 52% of respondents...
Ahead of the Utkarsh Odisha conclave in January, Odisha’s single window clearance authority, led by Chief Secretary Manoj Ahuja, has approved 15 industrial projects worth Rs 33.53 billion. Spanning sectors like chemicals, renewable energy...
Sterlite Power Transmission Limited has secured a contract worth Rs 682.5 million from Power Grid Corporation of India Limited (PGCIL) for reconductoring Package OH01. The package includes the reconductoring of the 220 kV Hisar (PG) to Hisar (IA)...
Voltamp Transformers Limited has received a Letter of Intent (LoI) valued at Rs 2,633.3 million from Gujarat Energy Transmission Corporation Limited (GETCO) for the design, manufacturing, testing, and supply of various ratings of power transformers. ...
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The Central Electricity Regulatory Commission issued a batch of tariff adoption orders through March...
Adani Green, IHC arm form JV for RE projects in India Adani Green Energy Limited (AGEL) has signed a...
Pace Digitek Limited has announced a milestone in its energy storage business, with its subsidiary...
Vihaan Clean & Green Tech Private Limited has launched a biomass-based boiler plant in Gujarat...
Neuron Energy has commissioned a containerised battery energy storage system (BESS) manufacturing...
A 1 GW photovoltaic (PV) project in northern Laos has been connected to the grid, marking the...
JSW Energy Limited has exercised its call option to acquire the remaining 26% equity stake in JSW...
Saatvik Solar Industries Private Limited, a subsidiary of Saatvik Green Energy Limited, has received...
Mahindra & Mahindra Limited (M&M) has approved the acquisition of a 26% equity stake in Neon...
Adani Green Energy Limited (AGEL) has signed a Joint Venture Agreement (JVA) with Minerva Holding...