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Schneider Electric partners with Noida International Airport for advanced energy management solutions

Schneider Electric has formed a strategic partnership with Noida International Airport to implement advanced building and energy management systems. This collaboration aims to enhance the airport’s operational efficiency and sustainability...

NTPC Q2 FY 2025 net profit rises 14% to Rs 53.8 billion, revenue slightly declines

State-run power generator NTPC Ltd reported a consolidated net profit of Rs 53.8 billion for the second quarter of 2024-25 (Q2 FY 2025), a 14% increase from Rs 47.26 billion in the same period last year. Revenue from operations in the September...

JSW Energy Q2 FY 2025 net profit at Rs 8.53 billion, revenue up 2% YoY

JSW Energy reported a consolidated net profit of Rs 8.53 billion for the quarter ended September 2024 (Q2 FY 2025), slightly up from Rs 8.5 billion in the same period last year. The company’s total revenue for Q2 FY 2025 reached Rs 34.59...

Avaana Capital raises $135-mn climate-tech VC fund

Avaana Capital, India’s climate-focused venture capital firm, has infused its Avaana Climate and Sustainability Fund with USD 135 million, supported by prominent institutional investors, including the Green Climate Fund (GCF).  Anjali Bansal, partner...

Sembcorp, Adani, Green Prairie, Adyant Enersol and ReNew win NTPC’s 1.2 GW Wind-Solar Auction

Sembcorp Green Infra, Adani Renewable Energy, Green Prairie Energy III (EverGreen), Adyant Enersol (DATTA INFRA), and ReNew Solar have been selected as winners in NTPC’s auction to develop inter-state transmission system (ISTS) connected wind-solar...

IndiGrid, Kintech and H.G. Infra win NVVN’s BESS auction

IndiGrid, Kintech Synergy, and H.G. Infra Engineering have emerged as winners in NTPC Vidyut Vyapar Nigam’s (NVVN) auction to develop 500 MW/1,000 MWh standalone battery energy storage systems (BESS) with Viability Gap Funding (VGF) support.  NVVN, a...

Stiesdal Offshore partners with Copenhagen Infrastructure for floating wind sector

Stiesdal Offshore and Copenhagen Infrastructure Partners (CIP), through its Copenhagen Infrastructure V (CI V) fund, have formed a strategic collaboration to establish Stiesdal Offshore as a leading player in the floating wind sector. As part of this...

MNRE revises program to electrify 100,000 PVTG households with off-grid solar

The Ministry of New and Renewable Energy (MNRE) has revised its program to electrify 100,000 households in particularly vulnerable tribal group (PVTG) areas through off-grid solar systems.  The initiative, implemented under Pradhan Mantri Janjati...

HPCL issues tender for 5,000 tonnes of green hydrogen supply at Visakh Refinery

Hindustan Petroleum Corporation (HPCL) has floated a tender seeking the supply of 5,000 tonnes (5 KTPA) of green hydrogen annually for its Visakh Refinery. The tender period is set for 25 years, with the bid submission deadline on January 21, 2025...

NTPC and Indian Army to establish solar hydrogen microgrid in Ladakh

NTPC, in partnership with the Indian Army, is set to deploy a solar hydrogen-based microgrid at Chushul, Ladakh, aimed at providing stable, renewable power to off-grid Army locations. The 200 kW microgrid system will use hydrogen as an energy storage...

ADB sanctions $434.25 million loan for renewable energy development in Assam

The Asian Development Bank (ADB) has approved a $434.25 million loan to support renewable energy initiatives and enhance energy security in Assam.  The project will establish a 500 MW grid-connected solar photovoltaic facility in the Karbi Anglong...

RECPDCL incorporates SPV for ISTS project in Jammu & Kashmir

REC Power Development & Consultancy Ltd (RECPDCL) established a project special purpose vehicle (SPV) named “Ratle Kiru Power Transmission Ltd” on October 23, 2024, as a wholly-owned subsidiary. This SPV will develop the ISTS scheme titled...

Rajesh Power Services files DRHP for IPO on BSE SME

Rajesh Power Services Ltd (RPSL) has filed its draft red herring prospectus (DRHP) with BSE SME for an initial public offering (IPO).  The IPO includes a fresh issue of 2.79 million equity shares, each with a face value of Rs 10, and an offer for...

PGCIL wins mega ISTS project for renewable energy evacuation in Gujarat

Power Grid Corporation of India Ltd (PGCIL) has been named the successful bidder for developing a mega Inter-State Transmission System (ISTS) project utilizing HVDC technology.  The project, known as the “Evacuation of power from potential renewable...

KEC International secures Rs 11.42 billion in new orders across T&D, railways, and cables

KEC International has secured new orders worth Rs 11.42 billion across its various business segments: Transmission & Distribution (T&D): Orders for projects in the Middle East and Americas, including a 380 kV transmission line in Saudi Arabia...

Serentica Global plans 10 GW RW projects in Andhra Pradesh

Vedanta Group’s Serentica Global has announced plans to develop renewable energy projects totalling 10 GW in Andhra Pradesh.  Company officials shared their plans with Nara Lokesh, the State Minister for Education, IT, and Electronics. The...

Adani Energy Solutions reports 172% surge in net profit for Q2 FY2024

Adani Energy Solutions Limited (AESL) has reported a net profit of Rs 7.73 billion for the quarter ending September 2024, marking a 172.18% increase compared to Rs 2.84 billion in the same quarter last year.  The company’s total income also rose by...

Rajasthan and UAE sign MoU for Rs 3 trillion investment in 60 GW RE projects

The Rajasthan government has signed a memorandum of understanding (MoU) with the United Arab Emirates (UAE) for an investment of Rs 3 trillion to develop renewable energy projects with a combined capacity of 60 GW in solar, wind, and hybrid energy...

MNRE receives approval for revised solar power scheme under PM JANMAN and PM JUGA

The Ministry of New and Renewable Energy (MNRE) has received approval for a revised solar power scheme under PM JANMAN and Pradhan Mantri Janjatiya Unnat Gram Abhiyan (PM JUGA).  The scheme aims to electrify 100,000 un-electrified households in...

Sun Drops receives LoI for 9 MW solar projects under CPP segment

Sun Drops Energia Private Limited, a subsidiary of KPI Green Energy Limited, has received a letter of intent (LoI) to develop solar power projects with a total capacity of 9 MW under the company’s captive power producer (CPP) segment.  The projects...

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Power Sector News Roundup for April 9, 2026

CCEA clears Rs 40,175 crore for two hydro projects in Arunachal Pradesh The Cabinet Committee on...

India formalises long-term resource adequacy framework for power sector

The Central Electricity Authority has released the Long-Term National Resource Adequacy Plan...

Serentica appoints Satish Kumar Rathor as COO for solar and BESS

Serentica Renewables (Serentica) has appointed Satish Kumar Rathor as Chief Operating Officer (COO)...

Sunsure signs 30 MWp open-access PPAs with Wonder Cement

Sunsure Energy has signed three long-term open-access power purchase agreements (PPAs) with Wonder...

NTPC signs MoU with EDF to explore nuclear projects in India

NTPC Limited has signed a non-binding memorandum of understanding (MoU) with Électricité de France...

Godrej Enterprises wins 98 MWp open-access solar EPC order in Haryana

Godrej Enterprises Group’s (GEG) Energy Solutions Business has secured an engineering, procurement...

KEC secures Rs 2,518 crore orders, expands global T&D portfolio

KEC International Limited, the engineering, procurement and construction (EPC) arm of RPG Group, has...

CEA uprates NTPC Dadri units, adds 20 MW to capacity

NTPC Limited has informed stock exchanges that the Central Electricity Authority (CEA) has uprated...

India reaches 283 GW non-fossil capacity, ranks third globally

India’s installed non-fossil fuel power capacity stood at 283.46 GW as of March 31, 2026, with solar...

CCEA clears Rs 40,175 crore for two hydro projects in Arunachal Pradesh

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has...