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India’s nuclear power capacity to triple by 2032, doubles in 10 years

India’s nuclear power generation capacity has nearly doubled over the past decade, rising from 4,780 MW in 2014 to 8,180 MW in 2024.  Union Minister Dr. Jitendra Singh shared this update during a discussion in the Lok Sabha, he outlined that...

Schneider Electric launches EcoConsult in India

Schneider Electric has introduced EcoConsult in India, a consulting service designed to optimize electrical and automation systems for safety, reliability, and sustainability.  The solution provides actionable insights to improve asset health, reduce...

MNRE expands Green Energy Corridor and promotes open access

The Ministry of New and Renewable Energy (MNRE) is implementing the Green Energy Corridor (GEC) scheme across ten states to enhance renewable energy (RE) evacuation infrastructure.  These states include Andhra Pradesh, Gujarat, Rajasthan, Himachal...

India’s renewable energy capacity surges to 213.70 GW

India’s total non-fossil fuel installed capacity reached 213.70 GW as of November 2024, a 14.2% increase from the previous year. Including pipeline projects, the total non-fossil fuel capacity surged to 472.90 GW, up 28.5% year-on-year. From April to...

INOXGFL Group enters solar manufacturing with Inox Solar

INOXGFL Group has launched Inox Solar to venture into solar manufacturing, targeting an initial capacity of five GW for solar modules and 2.5 GW for solar cells by 2026. The promoters plan to invest Rs 15 billion in this initiative. The first solar...

Powergrid commissions HVPNL interconnection project

Power Grid Corporation of India Limited (PGCIL) has commissioned the “Augmentation of ISTS for Interconnection of HVPNL Transmission Schemes,” effective 6th October 2024, with the Notification for Commercial Operation (DOCO) received on...

EAC recommends ToR for Sikaser pumped storage hydro project

The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended the granting of Terms of Reference (ToR) for the 1,200 MW Sikaser Open Loop Pumped Storage Hydro-electric Project in Chhattisgarh...

Rajasthan signs agreement with BrightKnight for wind-solar hybrid projects

The Government of Rajasthan (GoR) has signed an agreement with BrightKnight to establish wind-solar hybrid power projects in the state.  As part of the agreement, BrightKnight has committed to investing Rs 150 billion to set up over 2,000 MW of...

Martial Solren achieves financial closure for solar projects in Gujarat and Rajasthan

Martial Solren, a wholly-owned subsidiary of Mahindra Susten, has achieved financial closure for its 400 MW/560 MWp solar power projects in Gujarat and Rajasthan.  The company secured a Rs14.48 billion loan from HDFC Bank and Axis Bank for the...

Juniper Green Energy signs agreement with First Solar for 1 GW of PV modules

Juniper Green Energy has signed an agreement with First Solar to procure 1 GW of advanced Series 7 FT1 cadmium telluride (CdTe) thin-film photovoltaic (PV) modules.  The modules will be supplied over two years and deployed across Juniper Green...

NTPC, Sembcorp, Solarcraft , Hero Solar, Reliance Power win bids in SECI Tranche XVII auction

Five firms have won bids for setting up 2,000 MW Inter-State Transmission System (ISTS) connected solar power projects and 1,000 MW energy storage systems (ESS) under Tranche-XVII of the Solar Energy Corporation of India (SECI), announced on December...

PFCCL appointed as BPC for Transmission system for proposed Green Hydrogen/Green Ammonia projects in Kakinada area (Phase-I)

The National Committee on Transmission (NCT), in its 25th meeting, recommended the tariff-based competitive bidding (TBCB) route with PFC Consulting Limited (PFCCL) as the bid process coordinator (BPC) for the Transmission system for proposed Green...

CCI approves acquisition of thyssenkrupp Electrical Steel by JSquare

The Competition Commission of India (CCI) has recently approved the acquisition of thyssenkrupp Electrical Steel India Pvt Ltd (thyssenkrupp India) by Jsquare Electrical Steel Nashik Pvt Ltd (JSquare). JSquare, a newly-incorporated subsidiary of JSW...

MERC and GEAPP partner to advance Maharashtra’s energy transition

The Maharashtra Electricity Regulatory Commission (MERC) and Global Energy Alliance for People and Planet (GEAPP) have signed a Statement of Intent (SoI) to support Maharashtra’s energy transition through regulatory and policy innovations. The...

Lack of bidders shifts Bhadla/Bikaner transmission project from TBCB to RTM

The National Committee on Transmission (NCT) has approved the implementation of “Transmission system strengthening to facilitate evacuation of power from Bhadla/Bikaner complex.” The scheme was initially approved under the TBCB route in the 19th...

Waaree Renewable wins bid for 170 MW in Neemuch Solar Park Project

Waaree Renewable Energy Technologies Limited has won bids to set up a 170 MW capacity under Unit-III of the Neemuch Solar Power Park Project in Madhya Pradesh.  The company quoted a tariff of Rs 2.15 per kWh for the project. The Rewa Ultra Mega Solar...

Teerth Gopicon wins Rs 2.37 billion contract for solar projects in Rajasthan

Teerth Gopicon Private Limited has received a Letter of Award (LoA) worth Rs 2.37 billion from Rajasthan Renewable Energy Corporation Limited (RRECL) to set up 37 MW of rooftop solar photovoltaic (PV) power projects on government buildings in Baran...

GE Vernova T&D India to supply power transformers for Khavda project

GE Vernova T&D India Limited has secured an order from Sterlite Power for the supply and supervision of 765 kV power transformers and reactors for the Khavda project.  The contract, valued at approximately Rs 4 billion, is scheduled to be...

Continuum Green Energy files DRHP to raise Rs 36.5 billion through IPO

Continuum Green Energy Limited has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) to raise Rs 36.5 billion. The IPO includes a fresh issue of shares worth Rs...

Japan eyes manufacturing and solar energy partnerships in Rajasthan

Japan has identified manufacturing and renewable energy, particularly solar energy, as key sectors for collaboration with Rajasthan.  This focus was highlighted during the Japan Country Session titled “Versatility of Industries: Manufacturing and...

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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...

Rajesh Pandey assumes charge as DVC’s 51st Chairman

Shri Rajesh Pandey, IAS, assumed charge as the 51st Chairman of Damodar Valley Corporation (DVC) on...