GAIL (India) Limited and VERBIO India Private Limited have signed a memorandum of understanding (MoU) to collaborate on establishing compressed biogas (CBG) plants based on agricultural residues across India. The partnership will involve identifying...
Servotech Power Systems Limited (Servotech) has introduced a new range of solar products, including solar on-grid inverters with capacities from 1 kW to 100 kW, and solar hybrid inverters available in single-phase (2 kW to 7.5 kW) and three-phase (10...
Gensol Engineering Limited has reported a net profit of Rs 228.9 million for the quarter ending September 2024, marking a 28.96% increase from Rs 177.5 million in the same quarter last year. The company’s total income rose by 13.76% to Rs...
The Central Electricity Regulatory Commission (CERC) has released the CERC (Indian Electricity Grid Code) (First Amendment) Regulations, 2024, introducing several critical changes aimed at improving grid efficiency and flexibility. Key amendments...
AMPIN Energy Transition has signed an agreement with Varroc Group for an additional 27 MWp solar power project in Maharashtra, building on earlier solar installations across Maharashtra, Karnataka, Uttar Pradesh, and Tamil Nadu. This new capacity...
Senvion India, the country’s fifth-largest wind turbine manufacturer, has announced plans to expand its manufacturing capacity to 2 GW by 2026. To support this growth, the company will invest over USD 100 million in research and development (R&D)...
BASF and AM Green B.V. have signed a memorandum of understanding (MoU) to explore business opportunities for developing low-carbon chemicals produced exclusively with renewable energy. As part of the agreement, both companies plan to conduct...
The Expert Appraisal Committee (EAC) under India’s Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended environmental clearance (EC) and Terms of Reference (ToR) for two ultra super-critical thermal power projects by Adani...
The Central Electricity Authority (CEA) has outlined a comprehensive plan to build transmission capacity for 613 GW of renewable energy by 2032. In its latest ‘National Electricity Plan,’ the CEA projects that India’s non-fossil fuel capacity will...
Shilchar Technologies has completed a capacity expansion at its transformer manufacturing facility in Gavasad, Vadodara district, Gujarat. The facility’s capacity grew by 3,500 MVA in August 2024, reaching a total of 7,500 MVA annually, effective...
As India aims to double its power capacity to 900 GW by 2030, a report by Aequitas Investments highlights concerns about potential overinvestment, cautioning against repeating past industry missteps. The report points to aggressive bidding without...
Larsen & Toubro (L&T) has secured a ‘significant’ contract, estimated between Rs 10 billion and Rs 25 billion, to implement advanced welding technologies for the ITER Organisation’s nuclear fusion project, the world’s largest, located in...
The Chief Minister Solar Self-Employment Scheme in Uttarakhand has enabled hundreds of locals to set up small solar plants, generating self-employment while bolstering the rural economy. Chief Minister Pushkar Singh Dhami highlighted Uttarakhand’s...
Kenya’s high court has suspended a $736 million agreement between state-owned Kenya Electrical Transmission Company (KETRACO) and Adani Group’s Adani Energy Solutions to develop and operate power infrastructure, including transmission lines. The...
Convergence Energy Services Limited (CESL) has launched a tender to establish and maintain EV charging stations at seven locations within the Municipal Corporation of Faridabad, Haryana. Bids are due by October 30, 2024, with an opening on the same...
Chennai-based Refex Industries has formed a joint venture with Winvision Enterprises to establish Refex Green Energy Limited (RGEL), focused on wind energy solutions. Refex will hold a 75.5% stake in RGEL, while Winvision will own the remaining...
REC Limited has reported strong financial results for Q2 FY25, with a 17% rise in revenue from operations, reaching Rs 135.71 billion, compared to Rs 115.90 billion in the same quarter last year. Total income increased by 18% to Rs 266.33 billion...
India has drafted a proposal seeking $70 million in financing from the Climate Investment Funds (CIF) to enhance energy storage systems (ESS) and grid projects under the Renewable Energy Integration Investment Plan (REI IP), a joint effort by the...
REC Power Development & Consultancy Ltd (RECPDCL) has created three wholly-owned subsidiaries to develop interstate transmission system (ISTS) schemes across Gujarat, Rajasthan, and Jammu & Kashmir. On October 25, 2024, RECPDCL incorporated...
India Grid Trust (IndiGrid) has estimated a bid pipeline worth over Rs 651 billion in the power transmission sector, as disclosed in its Q2 FY25 investor presentation. The pipeline includes interstate transmission system (ISTS) projects with issued...