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MNRE launches Rs 2 billion programme to boost green hydrogen innovation

The Ministry of New and Renewable Energy (MNRE) has introduced a Rs 2 billion programme, running through FY 2025-26, to accelerate green hydrogen production and application across sectors.  Focus areas include decentralised hydrogen production...

HAREDA awards contracts for 17,458 solar pumps under PM KUSUM

The Haryana Renewable Energy Development Agency (HAREDA) has awarded contracts for the supply, installation, and commissioning of 17,458 solar water pumping systems under Component B of the PM KUSUM programme.  Leading recipients include Shakti Pumps...

Mahanagar Gas to invest Rs 2.3 billion in battery gigafactory with IBC India

Mahanagar Gas Limited (MGL) has announced an investment of Rs 2.3 billion in International Battery Company (IBC) India to develop a gigafactory in Bengaluru, focused on producing prismatic NMC Li-ion cells for mobility and battery storage...

BPDB issues $173 million letter of credit to Adani Power

The Bangladesh Power Development Board (BPDB) has issued a $173 million letter of credit (LC) to Adani Power Limited to maintain the electricity supply.  This LC follows Adani Power’s reduction of electricity deliveries by half due to unpaid...

Ministry of Coal launches mine opening permission module on SWCS portal

The Ministry of Coal has introduced a Mine Opening Permission module on the Single Window Clearance System (SWCS) portal to streamline and expedite the approval process for initiating coal mining operations. This digital initiative enhances...

Sterlite Power secures Rs 12 billion in new orders in Q2FY25

Sterlite Power announced new orders worth Rs 12 billion across its Global Products and Services (GPS) business in Q2FY25, bringing cumulative orders to Rs 27 billion for H1FY25. The GPS division focuses on high-performance, sustainable products and...

GE Vernova T&D India quadruples order inflows in Q2 FY25

GE Vernova T&D India Ltd reported a significant rise in order inflows for Q2 FY25, reaching Rs 46.82 billion, over four times the Rs 10.82 billion recorded in Q2 FY24.  For the first half of FY25 (April-September), orders grew by 173 per cent to...

PFCCL transfers transmission subsidiaries to Powergrid

PFC Consulting Limited (PFCCL), a subsidiary of Power Finance Corporation Limited, has transferred two wholly owned subsidiaries, Khavda PSI and 3 Transmission Limited and Barmer I Transmission Limited, to Power Grid Corporation of India Limited...

PFC posts Rs 72.15 billion profit in Q2 2024-25

Power Finance Corporation Limited (PFC) reported a net profit of Rs 72.15 billion for the quarter ending September 2024, an 8.86 per cent increase from Rs 66.28 billion in the same quarter last year.  The company’s total income also rose by...

Saatvik Solar to supply 200 MW of high-efficiency PV modules to G2H Solar

Saatvik Solar has entered into a contract with G2H Solar to supply 200 MW of high-efficiency solar photovoltaic (PV) modules for projects across India. The modules, featuring advanced mono PERC bifacial half-cut technology with power ratings of...

AESL acquires Progressive Grid Networks in Kenya

Adani Energy Solutions Limited (AESL) has acquired Progressive Grid Networks Limited (PGNL) in Kenya to explore power transmission opportunities across East Africa.  PGNL’s initial share capital stands at KES 1 billion, divided into 100,000...

Inox Wind secures 87 MW order from Continuum Green Energy

Inox Wind Limited (IWL) has secured an 87 MW order from Continuum Green Energy for its 3 MW Wind Turbine Generators (WTGs). This repeat order will be executed on turnkey basis, with IWL providing multi-year operations and maintenance services...

PGCIL invites bids for Andaman & Nicobar Islands HVDC link project

Power Grid Corporation of India Ltd (PGCIL) has issued a consultancy tender for the interconnection of Andaman & Nicobar Islands (ANI) with India’s mainland grid. The scope of work covers: Route Alignment, Detailed Survey and Soil...

India’s climate policies set to cut 4 billion tonnes of CO2 by 2030: Report

India’s climate policies are on track to reduce carbon dioxide emissions by around four billion tonnes from 2020 to 2030, leading to a 24% drop in coal-based power generation, according to a report by the Council on Energy, Environment and Water...

INOX India bags contract for UK’s first liquid air energy storage facility

INOX India Ltd (INOXCVA) has secured a major contract with Highview Power for its Liquid Air Energy Storage (LAES) project in Carrington, Manchester. As part of the deal, INOXCVA will deliver five high-pressure, 690kl vacuum-insulated cryogenic...

NTPC achieves world-first CO2-to-methanol synthesis at Vindhyachal plant

NTPC has synthesised CO2 captured from flue gas with hydrogen produced from a PEM electrolyser to create methanol at its Vindhyachal plant.  NTPC Chairman Gurdeep Singh, speaking at the company’s 50th Raising Day, highlighted that both the CO2...

EKI Energy registers Azerbaijan’s first voluntary carbon market solar project

EKI Energy Services Limited (EKI) has registered Azerbaijan’s first voluntary carbon market project powered by solar energy, marking a significant step toward sustainable energy in the Caucasus and Central Asia. This project, launched ahead of COP29...

Battery storage critical for India’s shift from coal, renewable capacity lags behind

India’s transition to renewable energy is encountering significant obstacles, according to a new report by Zero Carbon Analytics, as the country strives to meet its ambitious target of 500 GW of non-fossil fuel capacity by the early 2030s...

TERI unveiled policy brief for India’s green hydrogen roadmap towards decarbonization

The Energy and Resources Institute (TERI) has unveiled a policy brief, Green Hydrogen – Path to Decarbonization, thoroughly analysing India’s green hydrogen initiatives.   India’s targets under the Green Hydrogen Mission include 5 million tons of...

Greenzo Energy secures EPC contract for 120 MW solar project in Nepal

Greenzo Energy, a comprehensive green hydrogen and renewable energy solutions provider, has won an engineering, procurement, and construction (EPC) contract for a 120 MW ground-mounted solar project in Nepal.  Valued at Rs 5 billion, this contract...

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Saatvik Solar secures Rs 108.75 crore module order

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