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Saatvik Solar to supply PV modules to L&T for Bihar BESS project

Saatvik Solar has secured a contract to supply 213 MW of solar photovoltaic (PV) modules to Larsen & Toubro (L&T) for its 245 MW battery energy storage system (BESS) project in Bihar. The project consists of 185 MW for a grid-connected solar...

PGCIL, RVPNL sign shareholder agreement for intra-state transmission

Power Grid Corporation of India Ltd (PGCIL) has entered into a shareholder agreement with state transmission utility Rajasthan Rajya Vidyut Prasaran Ltd (RVPNL) to establish a joint venture (JV) company. As per a stock exchange filing, PGCIL will...

NTPC Green and MAHAPREIT form JV for 10 GW renewable energy projects

NTPC Green Energy Ltd (NGEL), a subsidiary of NTPC, has signed a joint venture agreement (JVA) with Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) to develop 10 GW of renewable energy (RE) projects in Maharashtra and other...

SBEC commissions 40.5 KWp solar project in Uttar Pradesh

SBEC Systems (India) has commissioned a 40.5 KWp solar power project at Kumkum Modi Public School in Baraut Rural, Baghpat, operational since 20 September 2024. This follows the company’s earlier commissioning of a 675 KWp solar project at Modi...

Lupin to acquire 42.61% stake in Sunsure Solarpark

Lupin Limited has signed a share subscription and shareholders agreement with Sunsure Solarpark Seventeen Private Limited and Sunsure Energy Private Limited to acquire up to 42.61% of Sunsure Solarpark’s shares through an investment of Rs 105.53...

Amazon, Global Optimism, and partners launch network of EV charging stations in Bengaluru

Amazon and Global Optimism, co-founders of The Climate Pledge, have announced a joint initiative, JOULE (Joint Operation Unifying Last-mile Electrification), to build a shared network of electric vehicle (EV) charging stations in Bengaluru. The...

Sunsure Energy secures Rs 100 billion debt financing from REC

Sunsure Energy has signed an agreement with REC for debt financing worth Rs 100 billion to support the development of 3 GW of solar, wind, hybrid, and battery energy storage system (BESS) projects. The deal was inked during the fourth Global...

AM/NS India launches Rs 10 billion steel line for solar panel manufacturers

ArcelorMittal Nippon Steel (AM/NS) India has launched a value-added steel line, Magnelis, with an investment of nearly Rs 10 billion at its Hazira plant in Gujarat. The production line, with a capacity of 500,000 tonnes per annum, is aimed at solar...

Tata Group and Analog Devices ally for semiconductor manufacturing

Tata Group and global semiconductor leader Analog Devices (ADI) have signed a memorandum of understanding (MoU) to explore semiconductor manufacturing opportunities in India. Tata Electronics, Tata Motors, and Tejas Networks will collaborate with ADI...

Gautam Solar to invest Rs 10 billion in 2 GW solar cell manufacturing plant in Haryana

Gautam Solar plans to establish a 2 GW solar cell manufacturing plant with an investment of Rs 10 billion. The facility, part of the company’s strategy to meet the growing demand for renewable energy, will help Gautam Solar comply with the Ministry...

Renewable energy developers commit massive capacity investments at RE-Invest 2024

At the RE-Invest event in Gandhinagar, Gujarat, several renewable energy developers have made significant capacity creation commitments as part of their “Shapath Patra” agreements with the government. Reliance Industries (RIL) has pledged...

India secures $386 bn investment commitments for renewable energy at RE-Invest 2024

Ministry of Renewable Energy has received investment commitments totalling $386 billion from banks and financial institutions at the RE-Invest conference in Gandhinagar, Gujarat. These investments aim to help India double its clean electricity...

Transformers and Rectifiers secures Rs 1.14 billion order from RRVPNL

Transformers and Rectifiers (India) Ltd (TRIL) has secured an order worth Rs 1.14 billion from Rajasthan Rajya Vidyut Prasaran Nigam (RRVPNL) to supply 50 MVA, 132/33 kV power transformers. The delivery is expected by the next financial year. This...

MSEDCL awards 5 GW solar power contract to Adani Power

Maharashtra State Electricity Distribution Company (MSEDCL) has issued a letter of intent (LoI) to Adani Power (APL) for the supply of 5,000 MW of solar power to Maharashtra. This follows Adani Group’s successful bid to supply a total of 6,600...

JSW commissions 300 MW wind power plant in Tamil Nadu

JSW Renew Energy Two, a subsidiary of JSW Energy, has commissioned the 300 MW wind power plant at Tuticorin, Tamil Nadu. The inter-state transmission system (ISTS) project, awarded by the Solar Energy Corporation of India (SECI) under Tranche-X, is...

HPL Electric secures Rs 1.44 billion order for smart and conventional meters

HPL Electric & Power has won an order worth Rs 1.44 billion for the supply of smart and conventional meters. The company, a leading manufacturer of electrical equipment, will execute the order as per the terms of the letter of award (LoA). HPL...

Reliance Power wins 500 MW Battery Energy Storage contract from SECI

Reliance Power has secured a contract from the Solar Energy Corporation of India (SECI) to establish a 500 MW/1000 MWh Battery Energy Storage System (BESS). Awarded through a tariff-based competitive bidding (TBCB) process, the standalone BESS will...

NLC India plans Rs 500 billion investment to triple renewable energy capacity

Lignite-to-power producer NLC India Ltd (NLCIL) plans to invest approximately Rs 500 billion to increase its renewable energy capacity from 1.43 GW to 10.11 GW. NLC India Green Energy Limited (NIGEL), a wholly-owned subsidiary of NLCIL, has been...

Tata, MG offer free charging, battery rentals to lure EV buyers

India’s leading electric vehicle (EV) manufacturer, Tata Motors, is offering free charging and discounts to attract consumers, while rival MG Motor has launched a pioneering battery rental plan. These efforts aim to address slowing sales growth...

PGCIL wins bid for Jam Khambhaliya augmentation scheme

Power Grid Corporation of India Ltd (PGCIL) has been awarded the letter of intent for the Jam Khambhaliya augmentation scheme under the tariff-based competitive bidding (TBCB) route. The project involves establishing an interstate transmission system...

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Maharashtra notifies RE and storage policy with 65% target by FY36

The Government of Maharashtra has notified the Maharashtra Renewable Energy and Energy Storage...

Cabinet clears Rs 2,584.60 crore small hydro scheme for 1,500 MW

The Union Cabinet has approved a Small Hydro Power Development Scheme for FY 2026-27 to FY 2030-31...

PVUNL synchronises Unit-2 of 800 MW Patratu plant

Patratu Vidyut Utpadan Nigam Limited (PVUNL) has synchronised Unit-2, an 800 MW unit of the Patratu...

NCT clears Rs 839.55 crore transmission scheme for Sunni and Luhri HEPs

The National Committee on Transmission (NCT) has recommended implementation of the transmission...

Crisil flags curtailment risk for 35 GW renewable capacity

Over 35 GW of renewable energy capacity in India faces a high risk of grid curtailment in the...

Solarium commissions 1 GW solar module plant in Gujarat

Solarium Green Energy Limited has commissioned a 1 GW solar module manufacturing facility in...

Waaree signs principal partnership with Rajasthan Royals

Waaree Energies Limited has entered into a partnership with Rajasthan Royals as the Main Principal...

APAR approves US capital infusion and Gujarat RE investment

APAR Industries Limited has approved two investment proposals at its board meeting held on March 18...

NTPC Green commissions 165 MW at Khavda-II solar project

NTPC Green Energy Limited has declared commercial operation of a 165 MW capacity at the Khavda-II...

Websol raises Rs 48 crore via promoter warrant conversion

Websol Energy System Limited has completed a promoter-led capital raise of Rs 48.09 crore through...