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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...

NLC India and RRVUNL to set up lignite-based thermal power plant in Rajasthan

NLC India Limited (NLCIL) has entered into a joint venture agreement with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) to establish a 3×125 MW lignite-based thermal power plant in Rajasthan, along with developing lignite mines to fuel the...

Atul Greentech partners with Exide Energy Solutions for lithium-ion battery supply

Atul Greentech, a subsidiary of Atul Auto, has signed an agreement with Exide Energy Solutions (EESL) to source lithium-ion battery packs from EESL’s facility in Prantij, Gujarat. The agreement also includes sourcing lithium-ion cells once EESL...

Orb Energy commissions 800 kW rooftop solar system at Esteem Industries

Orb Energy has installed an 800-kW rooftop solar system at Esteem Industries in Alonde, Wada, Maharashtra.  The system is set to generate over 1 million units of electricity annually, meeting approximately 80% of Esteem Industries’ daytime...

Syrma SGS opens electronics manufacturing facility in Pune

Syrma SGS Technology has opened one of its largest integrated electronics manufacturing facilities in Ranjangaon, near Pune, Maharashtra.  Spanning 26.5 acres, the new campus will feature a manufacturing area of 1.20 million sq. ft. at its peak...

JSW signs PPA with SECI for 700 MW solar project

JSW Energy’s step-down subsidiary, JSW Renew Energy Eleven, has signed a power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) for a 700 MW solar capacity under SECI Tranche XIII. The PPA, with a tariff of Rs 2.56/kWh, is...

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Saatvik Solar secures Rs 108.75 crore module order

Saatvik Solar Industries Private Limited, a subsidiary of Saatvik Green Energy Limited, has received...

Mahindra & Mahindra to take 26% stake in captive solar arm

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