Eastman Auto and Power Limited (EAPL), through its subsidiary Eastman New Energy Private Limited, has signed a Memorandum of Understanding (MoU) with MTOW Mobility Private Limited (Urja Mobility) to collaborate on developing and deploying lithium-ion...
Salzer Electronics Ltd, a new player in the smart meter manufacturing industry, has successfully delivered its first commercial order of 25,000 smart meters, valued at approximately Rs 50 million, during the third quarter (Q3: October to December) of...
Schneider Electric Infrastructure Ltd (SEIL) has announced plans to expand its medium power transformer manufacturing capacity. In a regulatory filing on February 11, 2025, SEIL revealed that its board of directors approved an investment of Rs 136...
The Ministry of Coal has issued letters of award (LoAs) under Category II of the Rs 85 billion coal gasification incentive scheme (CGIS) to selected applicants. Jindal Steel and Power Limited was awarded Rs 5.69 billion for a 2 million tonnes per...
The Small Industries Development Bank of India (SIDBI) and Agence Française de Développement (AFD) have signed a $100 million credit facility agreement aimed at enhancing green finance solutions for micro, small, and medium enterprises (MSMEs) in...
ONGC NTPC Green Limited (ONGPL), a joint venture between ONGC Green and NTPC Green Energy Limited, has signed a share purchase agreement to acquire a 100 per cent equity stake in Ayana Renewable Power for Rs 195 billion. The agreement was finalized...
The Government of Karnataka (GoK) has signed multiple Memorandums of Understanding (MoUs) with various firms under the “Invest Karnataka-2025” summit to develop renewable energy (RE) projects in the state. The agreements, collectively valued at over...
Punjab State Power Corporation Limited (PSPCL) has issued Letters of Award (LoAs) to five firms for developing a total of 31.37 MW grid-connected rooftop solar photovoltaic (PV) projects under the capital expenditure (CAPEX) model. The projects will...
Megha Engineering and Infrastructure Limited (MEIL) is set to invest Rs 103 billion in developing a pumped storage project (PSP) at Kommuru in Annamayya district, Andhra Pradesh. The project has received approval from the State Investment Promotion...
THDC India Limited has commenced commercial operations of Unit I at the Khurja Super Thermal Power Project in Bulandshahr district, Uttar Pradesh. The project, a joint venture between the Union Government and the Government of Uttar Pradesh...
The proposed 3,200 MW Srikakulam Super Critical Power Project by Sumitomo Corporation is facing strong opposition from local communities due to environmental concerns. The thermal power plant, planned at Vennelavalasa village in Sarubujjili mandal...
Larsen & Toubro Limited (L&T) has dispatched the third steam generator for the 1,400 MW Kaiga-Units 5 and 6 Nuclear Power Plant Project in Uttara Kannada, Karnataka. The project is being implemented by Nuclear Power Corporation of India...
The Central Industrial Security Force (CISF) has entered into a power purchase agreement (PPA) with NTPC Vidyut Vyapar Nigam (NVVN) to install 3,281 KW of rooftop solar power systems across 16 CISF campuses in 11 states. This project, expected to be...
Energy Efficiency Services Limited (EESL) has signed agreements worth Rs 5 billion with various international and Indian organisations at the India Energy Week 2025 to drive large-scale energy efficiency initiatives. EESL has partnered with the...
India’s solar photovoltaic (PV) module exports have seen significant growth, reaching $1.97 billion in fiscal 2023-24, up from $83 million in fiscal 2021-22. From April to November 2024, exports totalled approximately $782 million, as reported by the...
Bharat Heavy Electricals Ltd (BHEL) has received a letter of intent (LoI) from Damodar Valley Corporation (DVC) for a Rs 62 billion contract related to the steam generator island package for DVC’s 2×660-MW Raghunathpur thermal power station...
REC Limited has entered into a term loan agreement worth Rs 21.47 billion with Chenab Valley Power Project Limited (CVPPL) to support the development and construction of the 1,000 MW Pakal Dul Hydro Electric Project. The loan will be used to fund...
India and the UK have launched the second phase of the Accelerating Smart Power and Renewable Energy in India (ASPIRE) programme during the Fourth India-UK Energy Dialogue in New Delhi. The initiative aims to enhance technical collaboration for...
Gautam Solar has launched a new solar module manufacturing facility in Bhiwani, Haryana, achieving full-scale operations within a year. Spanning 60 acres, the fully automated plant has already surpassed a 2 GW production capacity, with plans for...
Shakti Pumps Limited has set up a wholly owned subsidiary, Shakti EV Mobility Private Limited, with a consolidated investment of Rs 350 million through the subscription of 3,000,000 equity shares of Rs 10 each. The new entity will focus on...