Modi Biotech Private Limited (MBPL), a subsidiary of Modi Naturals Limited, will invest Rs 1 billion to expand its ethanol production capacity. The project will add 180 kilolitres per day (KLD) to the current 130 KLD, increasing the total capacity...
Kohlberg Kravis Roberts (KKR) has sold a 2.6 per cent stake in India Grid Trust through an open market transaction, valued at Rs 2.77 billion. KKR’s affiliate, Esoteric II Pte, sold 20.1 million units at an average price of Rs 138.01 per unit...
Sterlite Power Limited has raised Rs 7.25 billion in its first primary fundraising since becoming independent. The funds were raised through its global products and solutions business. This marks the first fundraising round since the company’s...
Waaree Energies Limited has received orders to supply solar photovoltaic (PV) modules for two projects totalling 398 MW. The orders, awarded by a prominent renewable power developer in India, include 298 MW and 149 MW of solar PV modules...
Shakti Pumps Limited has invested Rs 40 million in its wholly owned subsidiary, Shakti Energy Solutions Private Limited (SESPL), by subscribing to 40 million equity shares with a face value of Rs 1 each. The investment aims to expand SESPL’s business...
GE Power India Limited has received an extended purchase order from Madhya Pradesh Power Generating Company Limited (MPPGCL) to supply boiler parts at the Sanjay Gandhi Power Station. The order is valued at Rs 182.7 million and is scheduled for...
Tamil Nadu Green Energy Corporation Limited (TNGECL) plans to develop 100 MW cumulative wind-solar hybrid power projects in the state. The projects are expected to be set up on a design, build, own, operate, and transfer (DBOOT) basis in Thoothukudi...
Sukhbir Agro Energy Limited (SAEL) is planning to establish 1,200 MW of renewable energy (RE) power projects in Andhra Pradesh. The project will be developed in two phases, with each phase consisting of 600 MW. ...
Surana Technologies Private Limited, a subsidiary of Surana Solar Limited, has signed a power purchase agreement (PPA) with Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 25 years. The agreement covers the development of 54...
Indus Towers has signed a power purchase agreement (PPA) with JSW Green Energy Eight and announced an investment of Rs 380.3 million. The agreement includes procuring 130 MW of renewable energy from a solar photovoltaic (PV) plant under a captive...
Andhra Pradesh has launched its Sustainable Electric Mobility Policy 4.0 (2024-2029) to establish itself as a global hub for electric vehicle (EV) manufacturing and achieve carbon neutrality (Scope 1 emissions) by 2047. The policy targets the...
Shakti Pumps Limited has secured a contract from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to supply and install 25,000 stand-alone off-grid direct current solar photovoltaic water pumping systems. The contract, valued at...
Adani Renewable Energy Holding Nine Limited, a subsidiary of Adani Green Energy Limited (AGEL), has established three special purpose vehicles (SPVs) to implement its renewable energy projects. The SPVs—Adani Green Energy Sixty Five Limited...
G R Infraprojects Limited has received a Letter of Intent (LoI) for the Transmission Scheme to integrate the Bijapur Renewable Energy Zone (REZ) in Karnataka. The project was awarded through a tariff-based competitive bidding (TBCB) process on a...
Ambuja Cements has commissioned its 200 MW solar power project in Khavda, Gujarat, with transmission starting on December 12, 2024. The remaining 806 MW capacity is under various commissioning stages and is expected to be operational between March...
Power Grid Corporation of India Limited (PGCIL) has received Letters of Intent (LoI) for two major transmission projects. These include the transmission system under ISTS for evacuating power from Kudankulam Nuclear Power Plant Units 3 and 4...
Rays Green Energy Manufacturing, a subsidiary of Rays Power Infra, will establish a solar module and cell facility in Madhya Pradesh with a total investment of Rs 14 billion. The plant will include a 1.5 GW solar cell unit and a 3 GW solar module...
Mizoram’s power and electricity minister has introduced a new initiative under the PM-Surya Ghar Muft Bijli Yojana (PM-SGMBY), enabling households to install rooftop solar systems with substantial government subsidies. The scheme is available...
Mumbai-based rooftop solar company SolarSquare has raised $40 million in a Series B funding round led by Lightspeed, with Lightrock also participating. Existing investors, including Elevation Capital, Lowercarbon, Rainmatter, and Gruhas Proptech...
Tivolt Electric Vehicles Private Limited, a subsidiary of TI Clean Mobility, has partnered with Tata Power Renewable Energy Limited (TPREL) to build an electric vehicle charging ecosystem. Under the agreement, TPREL will use its expertise to...
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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...
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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...