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Central government approves 2,000 MW solar park in Rajasthan

The Central government has approved the development of a 2,000 MW solar park in Rajasthan, with 30 per cent central financial assistance. The project will be developed by Rajasthan Solar Development Corporation. Rajasthan currently has an installed...

Serentica Renewables to set up 10,000 MW renewable energy projects in Rajasthan

Serentica Renewables India Private Limited (SRIPL) has announced plans to set up 10,000 MW of renewable energy projects in Rajasthan.  The company intends to invest Rs 500 billion in the state, as part of the “Rising Rajasthan Summit 2024,” to...

Adani Group to invest Rs 7 trillion in Rajasthan for renewable energy

Adani Group has announced plans to invest over Rs 7 trillion in Rajasthan across multiple sectors, including renewable energy.  The investment includes developing 100 GW of renewable energy capacity, aiming to create the world’s largest integrated...

Avaada Group to invest Rs 1 trillion in Rajasthan renewable energy hub

Avaada Group has pledged an investment of Rs 1 trillion to transform Rajasthan into the world’s largest renewable energy hub.  This initiative aims to drive green manufacturing, create millions of jobs, and contribute to the state’s economic...

Tata Power to invest Rs 1.2 trillion in Rajasthan renewable projects

Tata Power has announced an investment of Rs 1.2 trillion in Rajasthan to develop various renewable energy projects, including rooftop solar installations and electric vehicle (EV) charging infrastructure.  The announcement was made at the Rising...

DCM Shriram invests Rs 571.2 million in hybrid renewable power project

JSW Renew Energy Thirty Two Limited, a subsidiary of JSW Energy Limited (JSWEL), has signed a definitive agreement with DCM Shriram Limited to establish a 68 MW wind-solar hybrid power project in Kota, Rajasthan.  The project will supply renewable...

Fujiyama Power to invest Rs 6.5 billion in solar manufacturing in MP

Fujiyama Power Systems, a major player in the rooftop solar segment, has acquired 24.89 hectares in Ratlam, Madhya Pradesh, to set up a solar manufacturing facility.  The Delhi-based company plans to invest Rs 6.5 billion to produce solar panels...

Airox Nigen launches 600 MW solar module line in Haryana

Airox Nigen has established a 600 MW solar module manufacturing line in Rohnat, Haryana, as part of its larger 2 GW renewable energy project.  According to the company, the facility, located in a 17-acre renewable energy park, is positioned to become...

Hitachi Energy launches Nostradamus AI for advanced energy forecasting

Hitachi Energy has introduced Nostradamus AI, a cutting-edge artificial intelligence (AI)-powered energy forecasting solution.  The solution leverages over 30 years of energy market data to provide utilities, power system operators, energy producers...

AM Green Ammonia signs PPA with Gentari for 650 MW RTC green power

AM Green Ammonia India has entered into a binding power purchase agreement (PPA) with Gentari through its subsidiary, Gentari Renewables India Castor One.  Under this long-term agreement, Gentari will supply 650 MW of round-the-clock (RTC)...

MNRE includes solar PV cells in ALMM framework

The Ministry of New and Renewable Energy (MNRE) has announced the inclusion of solar PV cells in a newly introduced List-II under the Approved List of Models and Manufacturers (ALMM), set to take effect from June 1, 2026.  This amendment expands the...

Waaree Energies secures 1 GW solar PV module supply order

Waaree Energies Limited has secured a 1 GW solar photovoltaic (PV) modules supply order from an Indian renewable energy company.  The customer is engaged in owning, developing, and operating renewable power projects across India.  The supply of these...

Solar91 Cleantech secures BSE approval for Rs 1 billion SME IPO

Solar91 Cleantech has received approval from the Bombay Stock Exchange to proceed with its small medium enterprise (SME) initial public offering (IPO). The IPO will involve the issuance of up to 5.43 million equity shares, targeting a fundraising of...

Premier Energies to invest Rs 52.92 billion in Telangana solar manufacturing facilities

Premier Energies Limited plans to invest Rs 52.92 billion in manufacturing facilities for solar cells, modules, ingots, silicon wafers, and aluminium extrusions in Telangana. The initiative includes a 4 GW solar photovoltaic (PV) TOPCon cell and 4 GW...

PFCCL incorporates SPV for North-Eastern Region transmission project

PFC Consulting Limited (PFCCL), a wholly owned subsidiary of Power Finance Corporation Limited, has established a special purpose vehicle (SPV) named NER Expansion Transmission Limited.  The SPV is tasked with developing the “North-Eastern...

UPPCL resolves legal challenges to privatise two DISCOMs

The Uttar Pradesh Power Corporation Limited (UPPCL) has overcome legal hurdles in its bid to privatise Dakshinanchal and Purvanchal DISCOMs under the Public-Private Partnership (PPP) model.  The Board of Directors for both DISCOMs has authorised the...

NTPC achieves fastest ever 300 BU generation milestone

NTPC Group reached a significant milestone by achieving 300 billion units (BU) of power generation on December 8, 2024, in FY 2024-25, marking the fastest-ever achievement in just 252 days.  This accomplishment is 10 days earlier compared to the...

Kerala announces electricity tariff hike of 16 paise per unit

The Kerala government has announced a 16 paise per unit increase in electricity tariffs for the 2024-25 financial year, effective from December 5, 2024.  An additional hike of 12 paise per unit will follow in the 2025-26 financial year. This marks...

Tata Power to invest Rs 1.46 trillion to double capacity by 2030

Tata Power plans to invest around Rs 1.46 trillion to double its operational capacity to 32 GW by 2030, according to CEO and MD Praveer Sinha.  As of FY24, the company’s installed capacity stood at 15.6 GW, with 6.7 GW in renewables. By 2030...

India leads in clean-tech funding, surpassing China in Q3 2024

India has overtaken China as the top destination for clean-technology funding, with $2.4 billion in deals completed in Q3 2024, more than four times China’s total.  This marks the second-highest funding globally, following the US.  About a...

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