Satvik Green Energy has reportedly filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise Rs 11.50 billion through an initial public offering (IPO). The offering includes a fresh issue of shares...
The Ministry of New and Renewable Energy (MNRE) has issued specific guidelines for real estate developers and promoters to access Central Financial Assistance (CFA) under the PM Surya Ghar: Muft Bijli Yojana (PMSGY). The initiative aims to promote...
Datta Power Infra has signed a memorandum of understanding (MoU) to invest Rs 50 billion in Rajasthan’s renewable energy sector during the Rising Rajasthan 2024 event. The project will focus on developing 1,000 MW of renewable energy capacity...
India’s first 800-MW advanced ultra-supercritical (AUSC) thermal power plant will be established in Korba, Chhattisgarh. The project is a collaboration between NTPC and BHEL, with support from the Indira Gandhi Centre for Atomic Research. In...
Tata Power Company Ltd and Druk Green Power Corporation Ltd (DGPC) have entered into a partnership to develop at least 5,000 MW of renewable energy capacity in Bhutan. This collaboration, supported by the Royal Government of Bhutan and the Government...
The Securities and Exchange Commission (SEC) has charged Gautam Adani and Sagar Adani, senior executives at Adani Green Energy Ltd., and Cyril Cabanes, a former executive of Azure Power Global Ltd., for their alleged roles in a multi-billion-dollar...
NTPC Limited is setting up a one-tonne per day seawater-to-green hydrogen plant at its Simhadri facility near Visakhapatnam, Andhra Pradesh. Developed through its R&D centre, NETRA, the project will use a low-carbon desalination plant powered by...
UltraTech Cement Limited is expanding its use of electric trucks, contracting 100 EV trucks to transport 75,000 tonnes of clinker monthly over a 400-km roundtrip between its Dhar Cement Works in Madhya Pradesh and Dhule Cement Works in Maharashtra...
The Ministry of Environment, Forests, and Climate Change (MoEFCC) has simplified compliance requirements for renewable energy projects. Solar module manufacturing units, solar and wind power projects, and mini hydel projects under 25 MW are now...
Viviana Power Tech Limited has won two contracts: Rs 323.43 million from Madhya Gujarat Vij Company Limited (MGVCL) and Rs 741.29 million from Paschim Gujarat Vij Company Limited (PGVCL) and Dakshin Gujarat Vij Company Limited (DGVCL) under the...
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has transferred the special purpose vehicle (SPV), ERES-XXXIX Power Transmission Limited, to Tata Power Company Limited through a tariff-based...
Damodar Valley Corporation (DVC) has entered into power purchase agreements (PPAs) with Gujarat Urja Vikas Nigam Limited (GUVNL) to supply a total of 559 MW of electricity. This includes 359 MW from the 800 MW Durgapur Thermal Power Expansion...
The Adani Group has announced plans to invest USD 35 billion over the next five years to establish large-scale renewable energy plants across India. The focus will be on solar, wind, and hybrid energy systems, aiming to play a significant role in...
AMPIN Energy Transition has partnered with Copenhagen Infrastructure Partners (CIP) to invest USD 300 million in renewable energy projects across India. This joint effort aims to establish a renewable energy asset base valued between USD 2.7 billion...
NTPC has outlined an ambitious plan to invest Rs 5 trillion in green energy by 2030, led by its renewable energy subsidiary, NTPC Green Energy Ltd. (NGEL). To support its projects, NGEL is set to launch an initial public offering (IPO) worth Rs 100...
Torrent Power has unveiled a capital expenditure plan of Rs 1.1 trillion over the next eight years, emphasizing renewable energy and energy storage initiatives. More than 63% of this investment is earmarked for the renewable energy sector...
Sterlite Power has announced the commissioning of three vital components of its interstate transmission system (ISTS) project in Goa, managed by the special purpose vehicle “Goa Tamnar Transmission Ltd.” Goa’s first 400kV Gas Insulated...
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has established two wholly-owned subsidiaries to act as special purpose vehicles (SPVs) for developing interstate transmission system (ISTS) schemes under the tariff-based...
The National Power Committee (NPC), in consultation with Regional Power Committees (RPCs), has approved the Uniform Protection Protocol (UPP) for nationwide implementation. This decision was formalized during the 15th National Power Committee Meeting...
The interregional electricity transfer in India grew 7.8% year-on-year in the first half (H1: April to September) of FY25, reaching 134,714 MU (million units), up from 123,918 MU in H1FY24, according to Grid Controller of India Ltd (GRID-INDIA). Key...
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Lumax Greenfuel (Greenfuel Energy Solutions Pvt. Ltd.) has established itself as a prominent player...
Waaree Solar Americas, a subsidiary of Waaree Energies Limited, has secured an order for the supply...
Indosolar Limited, a subsidiary of Waaree Energies Limited, reported revenue from operations of Rs...
Indian Energy Exchange Limited (IEX) reported a consolidated profit after tax (PAT) of Rs 134.8...
NTPC Green Energy Limited (NGEL) has declared the commercial operation of 64.76 MW, the first part...
Adani Green Energy Limited (AGEL) reported a profit of Rs 983 crore for the quarter ended June 30...
The National Bank for Agriculture and Rural Development (NABARD) and Mahatma Phule Renewable Energy...
The Bihar State Power Generation Company Limited (BSPGCL) has invited Expressions of Interest (EOIs)...
Kalpataru Projects International Limited (KPIL) has completed the charging and energisation of the...
Shri Rajesh Pandey, IAS, assumed charge as the 51st Chairman of Damodar Valley Corporation (DVC) on...