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SJVN awards 600 MW ISTS-connected wind capacity to four developers

SJVN Limited has concluded its 600 MW interstate transmission system (ISTS)-connected wind power auction, awarding capacity to four developers at tariffs ranging from Rs 3.64 to Rs 3.65 per kWh. KPI Green Energy Limited secured the largest share of...

SEBI approves IPO for Eastman Auto and Power

Eastman Auto and Power Limited (EAPL) has received approval from the Securities and Exchange Board of India (SEBI) for its proposed initial public offering (IPO). The development marks a key step for the diversified energy solutions manufacturer...

Karnataka budget 2026-27 allocates funds for BESS, solar and power subsidies

The Government of Karnataka has presented the state budget for 2026-27, outlining measures focused on power sector infrastructure, renewable energy expansion, and continued electricity subsidy support for farmers and households. Over the past three...

Sterling and Wilson liquidates Kazakhstan subsidiary

Sterling and Wilson Renewable Energy Limited has disclosed the liquidation of Sterling and Wilson Kazakhstan LLP, effective March 2, 2026. The company received the formal liquidation order on March 6, 2026. Sterling and Wilson Kazakhstan LLP operated...

Tata Power partners with Salesforce to digitize renewable energy operations

The Tata Power Company Limited has announced a collaboration with Salesforce, an artificial intelligence customer relationship management (AI CRM) platform provider, to support the digital transformation of its expanding renewable energy portfolio...

Premier Energies completes 51% stake acquisition in HeliosAnthos Energies

Premier Energies Limited has completed the acquisition of equity shares in HeliosAnthos Energies Private Limited, following its investment to establish a joint venture with BA Prerna Renewables Private Limited. The company acquired 1,045,550 equity...

ACME Solar commissions first phase of 300 MW BESS project in Rajasthan

ACME Solar Holdings Limited (ASHL) has announced that its wholly owned subsidiary, ACME Sun Power Private Limited, has commissioned the first phase of its battery energy storage system (BESS) project in Rajasthan. The commissioned segment represents...

KPI Green subsidiary signs BESPA with GUVNL for 445 MW BESS projects

KPI Green Energy Limited has announced that its subsidiary, Sun Drops Energia Limited, has signed a Battery Energy Storage Purchase Agreement (BESPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) to develop independent power producer (IPP) standalone...

MNRE adds six manufacturers to ALMM

The Ministry of New and Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) for solar modules by adding six new manufacturers. The new entrants include Vikram Solar Limited, Army Solar Energy Private Limited...

UltraTech acquires stake in AMPIN solar project in Odisha

UltraTech Cement Limited has acquired a 26% equity stake in AMPIN C&I Power Forty Four Private Limited, a special purpose vehicle (SPV) developing a 45 MWp direct current (DC) / 30 MW alternating current (AC) solar power project with battery...

Indigenous 30 kW EV drive system unveiled at IIT Madras

An indigenously developed 30 kW Wide Band Gap (WBG)-based Integrated Drive System (IDS) for electric vehicle applications has been launched in Chennai. The technology was unveiled by S. Krishnan, Secretary of the Ministry of Electronics and...

PM inaugurates Rs 3,600 crore Powergrid transmission projects in Rajasthan

Prime Minister Narendra Modi has inaugurated two high-voltage power transmission projects in Rajasthan developed by Power Grid Corporation of India Limited (Powergrid). The projects involve a combined investment of more than Rs 3,600 crore and are...

SJS Enterprises acquires stake in Karnataka wind power firm

SJS Enterprises Limited has acquired a 2.08 percent equity stake in DB Renews Private Limited (DRPL), a wind power generation company based in Karnataka, for a total consideration of Rs 72 lakh. The investment will enable SJS Enterprises to become a...

MNRE notifies green methanol standard for India

The Ministry of New and Renewable Energy (MNRE) has notified the Green Methanol Standard for India, defining green methanol as methanol produced using green hydrogen and setting a limit on well-to-product greenhouse gas emissions. The standard caps...

MNRE begins consultations on floating solar policy and potential assessment

The Ministry of New and Renewable Energy (MNRE) has started consultations with states and union territories on draft documents intended to accelerate the development of floating solar photovoltaic (FSPV) projects in India. The initiative aims to...

Jyoti Structures commissions 400 kV Gadag–II transmission line in Karnataka

Jyoti Structures Limited has completed and commissioned the 400 kV Gadag–II transmission line project in Karnataka for ReNew Power. The project forms part of an interstate transmission system developed to evacuate renewable energy from the Koppal...

Axis Bank partners with Tesla to offer EV financing in India

Axis Bank Limited has partnered with Tesla as a preferred financier to provide customised auto loan solutions for customers purchasing the electric vehicle manufacturer’s cars in India. The collaboration aims to simplify electric vehicle (EV)...

Maharashtra signs MoU for 2,100 MW pumped storage project

The Maharashtra government has signed a Memorandum of Understanding (MoU) with Chambery Power Private Limited, a group company of EDF Power Solutions India, to develop the 2,100 MW Pimpalpada–Savale Pumped Storage Project across Pune and Raigad...

Apraava commissions Fatehgarh IV transmission project in Rajasthan

Apraava Energy has commissioned the 22-kilometre Fatehgarh IV transmission line and an associated 400/220 kV pooling substation in Barmer, Rajasthan. The project strengthens renewable power evacuation infrastructure in the Jaisalmer-Barmer region and...

IEX electricity trade rises 30.4% YoY in February 2026

The Indian Energy Exchange Limited (IEX) reported a 30.4% year-on-year increase in electricity trading volumes for February 2026, with total traded volume reaching 12,550 million units (MU). The exchange also recorded a decline of more than 18% in...

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Power Sector News Roundup for March 11, 2026

Solex Energy’s 3.78 GW Surat module plant added to MNRE ALMM list Solex Energy Limited has received...

ABB to invest $75 million in India to expand manufacturing and R&D

Swiss-Swedish electrification and automation company ABB has announced plans to invest about $75...

Cricket stars Suryakumar Yadav, Tilak Varma invest in solar firm TRUZON

T20 World Cup-winning captain Suryakumar Yadav and cricketer Tilak Varma have taken strategic stakes...

India claims second-largest wind market title as global installations hit record

India became the world’s largest wind market outside mainland China in 2025, surpassing the United...

Waaree Renewable wins EPC contract for 300 MW solar project

Waaree Renewable Technologies Limited has secured a contract for engineering, procurement and...

Sunsure Energy signs 8 MW solar PPAs with Daeseung Group companies

Sunsure Energy has signed long-term solar power purchase agreements (PPAs) with Daeseung Autoparts...

NTPC Green commissions 270 MW at Khavda-II solar project

NTPC Green Energy Limited (NGEL) has declared commercial operation of 270 MW capacity at the 1,200...

KPI Green commissions additional 24.2 MW in GUVNL solar project

KPI Green Energy Limited has commissioned an additional 24.2 MW AC (35.01 MW DC) capacity under its...

NHPC’s 2,400 MW Savitri pumped storage project gets ToR clearance

NHPC Limited has secured Terms of Reference (ToR) for its proposed 2,400 MW Savitri Open Loop Pumped...

Bajel Projects, NIIF and AnantGrid partner to bid for transmission projects

Bajel Projects Limited has entered into a collaboration agreement with the National Investment and...