News Subsections

Gautam Solar sets up new solar module facility in Haryana

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 establishes EV subsidiary

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...

BHEL and Reliance Power report earnings growth in Q3 FY25

Bharat Heavy Electricals Limited (BHEL) posted a net profit of Rs 1.35 billion for the quarter ending December 2024, marking a 125 per cent increase from Rs 0.60 billion in the same quarter last year.  The company’s total income rose by 31.87 per...

Waaree Group starts electrolyser plant construction in Gujarat, expands solar cell capacity

Waaree Group has started the construction of its alkaline electrolyser manufacturing facility in Valsad, Gujarat, with an initial production capacity of 300 MW.  The plant will support industries like steel, refining, transportation, fertilizers...

Australian Premium India wins contracts for solar equipment

Australian Premium Solar (India) Limited has secured contracts worth Rs 1,498.27 million for the supply of solar panels, photovoltaic (PV) modules, and solar inverters. The contracts include Rs 910.84 million for supplying 540 Wp bifacial solar...

Juniper Green secures financing for RE projects

Juniper Green Energy Limited has secured Rs 86.82 billion in phased debt financing to develop renewable energy (RE) projects in India, including wind-solar hybrid and Firm and Dispatchable Renewable Energy (FDRE) projects. The financing has been...

Sahaj Solar and Teerth Gopicon form subsidiaries for solar projects

Sahaj Solar Limited has established a wholly-owned subsidiary, Veracity Renewable Energy Private Limited, to develop solar power projects in India.  The new entity will generate, accumulate, distribute, and supply solar power for its use or sale to...

Tata Power-DDL among top 10 global power utilities in Smart Grid Index 2024

Tata Power Delhi Distribution Ltd (Tata Power-DDL), the distribution arm of Tata Power in the National Capital, has been ranked among the top 10 power utilities worldwide in the Smart Grid Index 2024. The Smart Grid Index, developed by Singapore...

EAC approves ToR for Khandwa and Warsgaon Warangi pumped storage projects

The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended granting Terms of Reference (ToR) for the 640 MW Khandwa Pumped Storage Hydro Project and the 1,500 MW Warsgaon Warangi Pumped...

KPI Green secures 15.9 MWp solar projects under CPP segment

Sun Drops Energia Private Limited, a wholly-owned subsidiary of KPI Green Energy Limited, has received Letters of Award (LoAs) for developing 15.9 MWp solar power projects under the Captive Power Producer (CPP) segment in India. The projects have...

Teerth Gopicon secures solar project in Rajasthan

Teerth Gopicon Private Limited has received a Letter of Intent (LoI) from Jaipur Vidyut Vitran Nigam Limited (JVVNL) for developing 39.4 MW grid-connected solar photovoltaic (PV) projects in Rajasthan under the Pradhan Mantri Kisan Urja Suraksha evam...

Hero MotoCorp, Aurobindo Pharma to invest in captive solar power projects

The Board of Directors of Hero MotoCorp Limited has approved an agreement with CleanMax Enviro Energy Solutions Private Limited to set up a solar power project.  A special purpose vehicle (SPV) will be formed for the project, with Hero MotoCorp...

Jindal Nuclear plans 18,000 MW nuclear capacity by 2047

Jindal Nuclear Power Private Limited, a wholly owned subsidiary of Jindal Renewables, has announced plans to develop 18,000 MW of nuclear power capacity by 2047. This aligns with the Government of India’s target of achieving 100,000 MW of nuclear...

NTPC, NREDCAP form JV for 25 GW renewable projects

NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited, and the New & Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) have formed a joint venture (JV), “AP NGEL Harit Amrit Limited,” to develop 25,000 MW...

BHEL secures Rs 80 billion EPC contract for Koradi Thermal Power Project

Bharat Heavy Electricals Limited (BHEL) has received a Letter of Award (LoA) worth Rs 80 billion for the engineering, procurement, and construction (EPC) of the 2×660 MW Koradi Thermal Power Project.  The contract, awarded by Maharashtra State...

Sinovoltaics releases Q1 2025 global PV module ranking

Sinovoltaics’ Q1 2025 global PV Module Manufacturers Ranking shows India-based Insolation Energy, Waaree Renewable Technologies, and Solex Energy as the top three. The Altmann Z-score-based ranking covers 63 suppliers, tracking financial health from...

GE Vernova T&D reports 75% increase in order inflows in FY25

GE Vernova T&D India Ltd has reported a 75 per cent year-on-year increase in order inflows for the first three quarters (9M: April to December) of FY25. The new order inflow during this period reached Rs 77,871 million, up from Rs 44,563 million...

Hitachi Energy-BHEL consortium secures Rajasthan HVDC project

A consortium of Hitachi Energy India Ltd and Bharat Heavy Electricals Ltd (BHEL) has received a Letter of Intent (LoI) from Rajasthan Part I Power Transmission Ltd, a wholly-owned subsidiary of Adani Energy Solutions Ltd (AESL) for the Rajasthan...

Luminous inaugurates battery manufacturing plant in Haridwar

Luminous Power Technologies has inaugurated a lead acid battery manufacturing facility in Haridwar, Uttarakhand.  Spanning 8 acres in the SIDCUL Industrial Estate, the plant features a green positive plate manufacturing process using 100 per cent...

Torrent Power reports Q3 FY 2024-25 results with 31% PAT growth

Torrent Power has announced its financial results for the third quarter of FY 2024-25, ending December 31, 2024. The company reported a 31% year-on-year increase in profit after tax (PAT), reaching Rs 4.89 billion. The growth in PAT was largely...

Monthly Magazine

Subscribe To Our Newsletter

Loading

Recent Posts

Koraam to supply 1,200 solar pump mounting structures in Maharashtra

Koraam, powered by Kosol Energie Pvt. Ltd., has secured a 5.8 MW order from Sandip Electronics and...

CEA issues advisory to DISCOMs to reduce summer load shedding

The Central Electricity Authority (CEA) has issued a comprehensive advisory to power distribution...

Rooftop solar projects on government buildings get ALMM List-II exemption

The Ministry of New and Renewable Energy (MNRE) has issued a clarification on the applicability of...

What two-year exemption for Chinese power firms means for domestic manufacturers

The Department of Expenditure under the Union Ministry of Finance has granted a two-year exemption...

Power Ministry proposes credit trading under CAFE norms for automakers

The Ministry of Power has issued a draft notification proposing amendments to India’s...

Tata Motors, Welspun Renewable to develop 86 MW hybrid RE project

Tata Motors Limited has partnered with Welspun Renewable Energy Private Limited (WREPL) to...

Two firms in race for NHPC’s Salal hydro project

NHPC Limited has opened the financial bids for the civil and hydro-mechanical works package to...

PM Modi lays foundation, inaugurates Rajasthan transmission projects

Prime Minister Narendra Modi has laid the foundation stone for an interstate transmission project...

Gujarat revises power transmission land compensation policy

The Gujarat government has revised its Right of Way (RoW) compensation policy for power transmission...

UPERC retains FY27 power tariffs, raises subsidy and expands EV benefits

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved electricity tariffs for FY...