Orb Energy, a vertically integrated solar energy solutions provider, has crossed Rs 3 billion in financing disbursements through its zero-collateral, zero-down-payment in-house finance facility. This milestone underscores the company’s commitment to...
Sunsure Energy has achieved financial closure for its 150 MW open access solar park project in Solapur, Maharashtra. The company secured long-term debt financing of Rs 4.16 billion (USD 48.07 million) from Aseem Infrastructure Finance Limited. The...
The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has amended the capacity for grid-connected distributed solar power projects under the Renewable Energy Service Company (RESCO) model from 3,205 MW to 2,553.5 MW. In July 2024...
PFC Consulting Limited (PFCCL) transferred Kudankulam ISTS Transmission Limited, a special purpose vehicle (SPV), to Power Grid Corporation of India Limited (PGCIL) on January 10, 2025. The SPV will oversee the development of the transmission system...
Bajel Projects Ltd has been awarded an EPC contract by Adani Energy Solutions Ltd (AESL) for the construction of a 400kV double-circuit (D/C) transmission line, spanning 217 km to connect Raipur in Chhattisgarh to Tiroda in Maharashtra. The project...
BrightNight has announced the commissioning of the first phase of Optima Maharashtra, a 115 MW hybrid renewable power project located in Dharashiv, southern Maharashtra. The project is one of the first co-located wind-solar projects in the state...
Tolidus Techno Power has partnered with the Jogindra Group to develop a 110 MWp solar power project, advancing renewable energy adoption in India. The solar project, a captive open-access ground-mounted system, will serve the energy needs of key...
Adani Energy Solutions achieved significant growth during the latest quarter, expanding its transmission network to 26,485 circuit kilometres (ckm), marking a 29.7% increase from the previous year’s 20,422 ckm. Its power transformation capacity...
JSW Energy has been declared the successful applicant for the resolution plan of KSK Mahanadi Power Company (KMPCL) under the corporate insolvency resolution process (CIRP) and has received a letter of intent (LoI). The resolution plan was approved...
O2 Power has secured an order to develop an 800 MWh battery energy storage system (BESS) under the Solar Energy Corporation of India Limited’s competitive bidding for the firm dispatchable renewable energy (FDRE VI) program. The BESS project will be...
The Ministry of Power has released the ‘Guidelines for Installation and Operation of Battery Swapping and Battery Charging Stations’, aimed at enhancing India’s electric vehicle (EV) ecosystem. The guidelines promote battery swapping as a faster...
Hinduja Renewables Energy Private Limited received a Letter of Award (LoA) on January 6, 2025, for the 600 MW Jhansi Solar Power Park Project in Uttar Pradesh. TUSCO Limited, a joint venture of UPNEDA and THDC India Limited, invited bids for Solar...
NLC India Renewables (NIRL), a subsidiary of NLC India, has partnered with Assam Power Distribution Company (APDCL) to form a joint venture for developing 1,000 MW of solar power projects in Assam. NIRL will hold a 51% stake in the venture and...
Patratu Vidyut Utpadan Nigam (PVUNL), a joint venture of NTPC and Jharkhand Bijli Vitran Nigam (JBVNL), will commission its Phase-1 power units by December 2025. Located in Ramgarh district, Phase-I consists of three 800 MW units, collectively...
The Government of Himachal Pradesh has urged the Government of India to adopt a 90:10 funding formula or provide a 50-year interest-free loan to finance the Kishau Multi-Purpose Project. The project, estimated at Rs 115.5 billion, will be developed...
Bharat Heavy Electricals (BHEL) and Oil & Natural Gas Corporation (ONGC) have signed a memorandum of understanding (MoU) to collaborate on projects in the new and renewable energy sector. The partnership will focus on advanced technologies such...
The Adani Group has committed Rs 600 billion to expand power plants in Raipur, Korba, and Raigarh, increasing its power generation capacity by 6,120 MW. This investment was announced in a meeting with Chief Minister Vishnu Deo Sai on 12 January...
The Solar Energy Corporation of India (SECI) has reached a significant milestone, surpassing 73 GW in cumulative awarded capacity for renewable energy projects as of December 31, 2024. SECI received an ‘Excellent’ rating for its...
Indian Gas Exchange Limited (IGX) and Central European Gas Hub AG (CEGH) have signed a Memorandum of Understanding (MoU) to collaborate on developing natural gas and renewable gas markets. The partnership aims to leverage the market expertise of...
Waaree Energies Limited has signed an agreement to acquire 100% of Enel Green Power India Pvt Ltd (EGP India) from Enel Green Power Development S.R.L. The acquisition, valued at Rs 7.92 billion, is subject to customary closing adjustments. EGP India...
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