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Himachal CM reviews ongoing energy projects

Chief Minister Thakur Sukhvinder Singh Sukhu recently reviewed the progress of ongoing energy projects and emphasized the State Government’s focus on expanding green energy initiatives.  He highlighted the development of a one MW Green Hydrogen...

Bangladesh owes Tripura Rs 20 billion in electricity dues

Bangladesh owes Tripura Rs 20 billion for electricity supplied under an agreement with the Tripura State Electricity Corporation Limited.  Tripura provides 60-70 MW of power, but the dues are increasing daily.  Chief Minister Manik Saha stated that...

Chhattisgarh attracts Rs 151.84 billion investment for renewable energy

Chhattisgarh has secured investment proposals worth Rs 151.84 billion from top companies in sectors like semiconductors, electric vehicles (EV), and renewable energy. The highest proposal of Rs 115 billion comes from Renew Power Limited for pump...

Union minister reviews Lakshadweep’s power sector

Union Minister of Power and Housing & Urban Affairs Shri Manohar Lal reviewed the power sector scenario for the Union Territory (UT) of Lakshadweep in Kavaratti.  Shri Praful Patel, Administrator of Lakshadweep, along with senior officials from...

Punjab to have 66 solar power plants by 2025

The government of Punjab has launched a new initiative under the Clean and Green Renewable Energy project to boost Punjab’s green energy production.  A total of 66 solar projects will be implemented across the state by December 2025, generating 264...

India to launch Critical Mineral Mission in 2025

India is set to launch its Critical Mineral Mission in 2025, an initiative to secure essential minerals for the country’s green energy transition and electric vehicle (EV) sector growth.  This mission will bring together multiple ministries...

IREDA sanctions Rs 30 billion for Odisha’s green energy projects

Shri Pradip Kumar Das, Chairman and Managing Director (CMD) of Indian Renewable Energy Development Agency Limited (IREDA), delivered a keynote address at the Odisha Solar Investor Conclave hosted by GRIDCO in Bhubaneswar.  The CMD confirmed that...

Refex Industries launches renewable energy subsidiary

Refex Industries Limited has established a wholly owned subsidiary, Venwind Refex Power Limited, with a subscribed capital of Rs 10 million comprising 100,000 fully paid equity shares at a face value of Rs 10 each. The subsidiary will focus on...

PGCIL and Adani Energy qualify for Khavda transmission project

Power Grid Corporation of India Limited (PGCIL) and Adani Energy Solutions Ltd have emerged as qualified bidders for the Augmentation of transformation capacity at KPS1 (GIS) and KPS2 (GIS) (Phase-V Part B1 and Part B2 scheme). REC Power Development...

BERC proposes draft regulations for green energy open access

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...

CERC amends deviation settlement regulations for solar projects

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 raises $1.7 million to expand solar projects

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 to set up green hydrogen mobility project in Bhubaneswar

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 sells 300 MW solar asset to Anzen for $176 million

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...

Nepal exports Rs 13.04 billion worth of electricity to India in 5 months

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 elevate ties to strategic partnership

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 reviews Kerala’s power sector scenario

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 reaffirms commitment to free power for farmers

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 projects in India rises 63% in 2023

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...

RIL picks up 26% stake in Adani’s power project

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...

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Power Sector News Roundup for July 24, 2026

ACME Solar commissions 2.29 GWh BESS capacity in FY27 to date ACME Solar Holdings Limited has...

Interview with Akshay Kashyap: green hydrogen, CNG, and EVs must coexist to decarbonise India’s roads

Lumax Greenfuel (Greenfuel Energy Solutions Pvt. Ltd.) has established itself as a prominent player...

Waaree Solar Americas secures 125 MW HJT module supply order

Waaree Solar Americas, a subsidiary of Waaree Energies Limited, has secured an order for the supply...

Indosolar reports Rs 68.36 crore revenue in Q1 amid business shift

Indosolar Limited, a subsidiary of Waaree Energies Limited, reported revenue from operations of Rs...

IEX reports 11.7% rise in Q1 profit as electricity volumes grow

Indian Energy Exchange Limited (IEX) reported a consolidated profit after tax (PAT) of Rs 134.8...

NTPC Green commissions 64.76 MW at Khavda

NTPC Green Energy Limited (NGEL) has declared the commercial operation of 64.76 MW, the first part...

Adani Green posts Rs 983 crore profit in Q1 as capacity crosses 20 GW

Adani Green Energy Limited (AGEL) reported a profit of Rs 983 crore for the quarter ended June 30...

NABARD, MAHAPREIT partner to finance rural green infrastructure

The National Bank for Agriculture and Rural Development (NABARD) and Mahatma Phule Renewable Energy...

Bihar seeks developers to build pumped storage projects statewide

The Bihar State Power Generation Company Limited (BSPGCL) has invited Expressions of Interest (EOIs)...

Kalpataru energises 101.39 km transmission lines in Rajasthan

Kalpataru Projects International Limited (KPIL) has completed the charging and energisation of the...