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BII commits Rs 2.8 billion to boost India’s EV sector

British International Investment (BII) will invest USD 33.5 million (approximately Rs 2.8 billion) in three companies within India’s electric vehicle (EV) ecosystem.  The investment includes USD 15 million in debt financing for Mumbai-based fleet...

Adani Energy Solutions wins Rs 250 billion power transmission bid in Rajasthan

Adani Energy Solutions (AESL) has been named the preferred bidder for a transmission project under the special purpose vehicle (SPV) “Rajasthan Part-I Power Transmission.”  The project, valued at approximately Rs 250 billion, will be AESL’s largest...

PGCIL to implement Eastern Region Expansion Scheme-44

The National Committee on Transmission (NCT) recently approved the Eastern Region Expansion Scheme-44 (ERES-44), estimated to cost Rs 3.85 billion, to be executed by Power Grid Corporation of India Ltd (PGCIL) under the Regulated Tariff Mechanism...

Suzlon wins 302 MW wind project for Jindal Renewables in Karnataka

Suzlon has secured a 302.4 MW wind power project order from JSP Green Wind 1 Pvt Ltd, a subsidiary of Jindal Renewables, in Koppal, Karnataka.  This follows a 400 MW order won in November 2024, bringing Suzlon’s total Commercial and Industrial...

NTPC explores global partnerships to develop small modular reactors in India

NTPC is in discussions with global nuclear technology leaders EDF (France), Rosatom (Russia), and Westinghouse Electric Corporation (US) to build small modular reactors (SMRs) in India.  These factory-built reactors, with capacities of up to 300 MW...

Coal Ministry selects applicants for coal gasification incentive scheme

The Ministry of Coal has announced the selected applicants under its Financial Incentive Scheme for coal gasification.  In Category I, which supports government public sector undertakings and their joint ventures, the selected entities are Bharat...

NLC India achieves trial milestone for Ghatampur thermal plant

NLC India Limited’s joint venture, Neyveli Uttar Pradesh Power Limited (NUPPL), has completed a 72-hour full-load trial for the first 660 MW unit of the Ghatampur Thermal Power Station in Uttar Pradesh.  The trial, concluded on December 3...

H.G. Infra Engineering establishes subsidiary for battery energy storage systems

H.G. Infra Engineering Limited has formed a wholly owned subsidiary, H.G. Banaskantha Bess Private Limited, for the battery energy storage systems (BESS) sector.  Incorporated on December 3, 2024, with an authorized capital of Rs 15 million, the...

Delhi discoms seek cost-reflective tariff to address Rs 31.62 billion revenue gap

Discoms in Delhi have petitioned the Delhi Electricity Regulatory Commission (DERC) for a cost-reflective tariff for the 2024-25 fiscal, citing a combined revenue gap of Rs 31.62 billion in 2022-23. Electricity rates in Delhi have not changed since...

India ranks sixth globally in SBTi net-zero commitments

India has 127 companies committed to net-zero targets through the science-based target initiative (SBTi), ranking sixth globally.  However, only 7% of these companies are from high-emission sectors such as power, cement, metals, and mining, which...

Waaree Renewable secures solar module contract for 524 MWp project

Waaree Renewable Energy Technologies Limited (formerly Sangam Renewables Limited) has won a contract to supply solar modules for a cumulative 524 MWp solar power project in India.  The contract, awarded on December 2, 2024, includes 364 MWp and 160...

Solex Energy secures Rs 188.74 million solar module supply contract

Solex Energy Limited has won a Rs 188.74 million contract from Thenpandian Energy Innovations Private Limited to supply solar modules for a 13 MW solar photovoltaic (PV) power project in India.  The contract, awarded on November 30, 2024, involves...

Techno Electric JV wins Rs 6.16 billion Assam transmission system project

The Joint Venture of Techno Electric and Engineering Company Limited (TEECL) and K. Ramachandra Rao Transmission & Projects Private Limited has secured a Rs 6.16 billion contract for Package H of the Assam Intra-State Transmission System...

Adani Green Energy subsidiary establishes Adani Hydro Energy Four

Adani Saur Urja (KA) Limited, a wholly owned subsidiary of Adani Green Energy Limited (AGEL), has incorporated Adani Hydro Energy Four Limited (AHE4L) for renewable energy projects. AHE4L’s mandate includes the generation, development...

Solar Industries India secures Rs 20.39 billion defence export order

Solar Industries India and its subsidiary have secured export orders worth Rs 20.39 billion for the supply of defence products to international clients.  The deliveries will span four years. In November, the company received another export order...

Uttar Pradesh leads RDSS project funding among states

An analysis based on a Lok Sabha reply has revealed that Uttar Pradesh, Maharashtra, and Tamil Nadu are the top three states with the highest project cost sanctioned under the Revamped Distribution Sector Scheme (RDSS).  Uttar Pradesh leads with Rs...

CEA recommends higher-capacity OPGW to support broadband expansion

The Central Electricity Authority (CEA) has advised the adoption of higher-capacity optical ground wire (OPGW) in upcoming power transmission projects to facilitate telecom service providers.  The recommendation follows a collaboration between the...

O2 Power signs renewable energy PPA with East Central Railway

O2 Power Private Limited has signed a Power Purchase Agreement (PPA) with East Central Railways (ECR) for the supply of 100 MW Round-The-Clock (RTC) Renewable Energy (RE) power in India. In January 2024, O2 Power won 100 MW RTC RE power project at a...

Odisha Approves Rs 92 Billion Investment in Solar Manufacturing Facilities

The Odisha government has approved proposals from Grew Energy, Saatvik Solar, Jakson Engineers, and Jupiter Renewables to establish solar cell and module manufacturing facilities, totalling an investment of over Rs 92 billion. Grew Energy: Plans to...

KPI Green secures Rs 13.11 billion solar project at Khavda Solar Park

KPI Green Energy Limited has won Coal India Limited’s auction to develop a 300 MW grid-connected ground-mounted solar project at Khavda Solar Park in Gujarat.  The contract, valued at Rs 13.11 billion, includes the design, engineering, procurement...

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Inox Wind signs 1,500 MW turbine supply pact with Inox Clean Energy

Inox Wind Limited has signed a Memorandum of Understanding (MoU) with Inox Clean Energy for the...

Bondada wins Rs 1,338 crore NTPC solar-BESS contract

Bondada Engineering Limited has received a Notification of Award (NOA) from NTPC Renewable Energy...

Ashok Leyland becomes first OEM under Delhi-NCR vehicle replacement scheme

The Ministry of Road Transport and Highways (MoRTH) has signed the first Memorandum of Understanding...

HVR Solar plans 1.2 GW TOPCon solar cell plant in Uttar Pradesh

HVR Solar has signed a series of memorandums of understanding (MoUs) with international technology...

Suzlon commissions India’s tallest wind turbine, the 5 MW S175 in Karnataka

Suzlon Energy Limited has commissioned its 5 MW S175 wind turbine at a project site in Vijayanagar...

NEVs dominate China’s top 10 passenger car sales in May 2026

For the first time, no internal combustion engine (ICE) vehicle featured among China’s 10...

Global firms push faster electrification amid energy security concerns

Geopolitical instability and volatile energy costs are accelerating corporate interest in...

NPCIL erects reactor vessel at Kudankulam Unit 5

The Nuclear Power Corporation of India Limited (NPCIL) has completed erection of the Reactor...

NHPC completes boxing-up of Unit 5 at 2,000 MW Subansiri project

NHPC Limited has completed the boxing-up of Unit 5 of the 2,000 MW Subansiri Lower Hydroelectric...

MNRE adds RECPDCL, REIL as rooftop solar implementation partners

The Ministry of New and Renewable Energy (MNRE) has expanded the list of Scheme Implementation...