The Bihar Electricity Regulatory Commission (BERC) has released a consultative paper on the draft BERC (Terms and Conditions for Green Energy Open Access) Regulations, 2024. The draft policy enables voluntary procurement of green energy in increments...
The Central Electricity Regulatory Commission (CERC) has issued the CERC (Deviation Settlement Mechanism and Related Matters) (First Amendment) Regulations, 2024. The amendment addresses implementation challenges and refines operational procedures...
SustVest has secured $1.7 million in equity and debt during its Pre-Series A funding round. The round was led by Inflection Point Ventures and Antler, with participation from WEH Ventures, Venture Catalysts, Soonicorn Ventures, FAAD Network, and...
NTPC Limited has signed a tripartite memorandum of understanding (MoU) with the Grid Corporation of Odisha (GRIDCO) and Capital Region Urban Transport (CRUT) to promote green hydrogen mobility in Bhubaneswar. Under the agreement, NTPC will establish...
ReNew Energy Global has entered into an agreement to sell its entire stake in ReNew Sun Waves Pvt Ltd (RSWPL) to Anzen India Energy Yield Plus Trust for $176 million. RSWPL operates a 300 MW solar asset in Jaisalmer, Rajasthan. The deal will close...
The Nepal Electricity Authority (NEA) has exported electricity valued at Rs 13.04 billion during the first five months of the fiscal year 2024/25. From July 16 to December 15, 2024, approximately 1.76 billion units of electricity were sold to India...
India and Kuwait have upgraded their relationship to a strategic partnership, focusing on defence, energy, trade, investment, and technology. During Prime Minister Narendra Modi’s first visit to Kuwait in 43 years, an MoU on defence was signed to...
Union Minister of Power Shri Manohar Lal reviewed Kerala’s power sector at a meeting in Thiruvananthapuram. Shri Suresh Gopi, Minister of State for MoPNG & Tourism, and Shri K Krishnankutty, Kerala’s Minister for Electricity, attended with...
Maharashtra Chief Minister Devendra Fadnavis reaffirmed his government’s commitment to continue providing free electricity to farmers and promote solar energy adoption in the agricultural sector. In the 2024 Assembly elections, the BJP had...
Lending to renewable energy (RE) projects in India surged by 63% in 2023, reaching Rs 302.55 billion, compared to the previous year, according to a report by the Centre for Financial Accountability. Solar energy accounted for 49% of the funding...
Reliance Industries, led by Mukesh Ambani, has acquired a 26% stake in Gautam Adani’s Mahan Energen Ltd (MEL), a subsidiary of Adani Power Ltd, as part of a deal to secure 500 MW of electricity for captive use. Reliance will invest Rs 500...
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC, has signed a Memorandum of Understanding (MoU) with the Department of Industries, Government of Bihar, during the “Bihar Business Connect 2024” Global Investors’ Summit in Patna on December 20...
Shriram Finance Limited has introduced Shriram Green Finance, a dedicated vertical for funding sustainable projects beyond electric vehicles (EVs). The initiative will focus on financing EVs, battery charging stations, renewable energy products...
Ashoka Buildcon plans to invest Rs 90 billion in establishing a green hydrogen plant in Bihar. The company has signed a memorandum of understanding with the Bihar government for the project. The plant will include a 1,250 MW solar project to produce...
Sterling and Wilson Renewable Energy Limited (SWREL) has won a Rs 12 billion contract for a 500 MW AC solar photovoltaic project in Gujarat. The project includes design, engineering, procurement, and construction (EPC) for the Balance of System...
Tata Power Renewable Energy Limited (TPREL) has collaborated with Canara Bank to promote rooftop solar adoption under the PM Surya Ghar Scheme. For systems up to 3 kW capacity, loans of up to Rs 200,000 are available with a 10 per cent margin, no...
The Himachal Pradesh Electricity Regulatory Commission (HPERC) has notified banking regulations under its Green Energy Open Access Policy. It permits consumers to bank up to 30 per cent of their monthly electricity consumption procured from the...
Ganesh Green Bharat Limited has secured a Rs 571.2 million contract from Kirloskar Solar Technologies Private Limited for developing 40 MW solar power projects across multiple states, including Maharashtra. The contract, awarded on December 19...
The Board of Directors (BoD) of Kovalam Investment and Trading Company Limited has approved an investment for setting up decentralised solar power projects in Madhya Pradesh. The decentralised solar power projects would be set up under component A...
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Inox Wind Limited has signed a Memorandum of Understanding (MoU) with Inox Clean Energy for the...
Bondada Engineering Limited has received a Notification of Award (NOA) from NTPC Renewable Energy...
The Ministry of Road Transport and Highways (MoRTH) has signed the first Memorandum of Understanding...
HVR Solar has signed a series of memorandums of understanding (MoUs) with international technology...
Suzlon Energy Limited has commissioned its 5 MW S175 wind turbine at a project site in Vijayanagar...
For the first time, no internal combustion engine (ICE) vehicle featured among China’s 10...
Geopolitical instability and volatile energy costs are accelerating corporate interest in...
The Nuclear Power Corporation of India Limited (NPCIL) has completed erection of the Reactor...
NHPC Limited has completed the boxing-up of Unit 5 of the 2,000 MW Subansiri Lower Hydroelectric...
The Ministry of New and Renewable Energy (MNRE) has expanded the list of Scheme Implementation...