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CG Power to expand power transformer capacity to 40,000 MVA

The board of CG Power & Industrial Solutions Ltd has approved the expansion of its power transformer manufacturing capacity from 35,000 MVA to 40,000 MVA with an estimated investment of Rs 270 million.  This decision, made on October 21, 2024...

Gensol, Matrix to develop India’s first green steel production facility

Gensol Engineering has partnered with Matrix Gas & Renewables to establish India’s first green steel production facility using 100% green hydrogen.  The project, with a total capital expenditure of Rs 3.21 billion, will receive 50% capex...

Oriana Power secures 75 MW solar project from MSEDCL

Oriana Power Limited has won an order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to develop a 75 MW solar power plant in Maharashtra. The project falls under Component C of the PM-KUSUM Scheme, focusing on feeder-level...

MNRE issues EoI for vendors under PM Surya Ghar

The Ministry of New and Renewable Energy (MNRE) has issued an expression of interest (EoI) to expand the network of vendors under the PM-Surya Ghar: Muft Bijli Yojana. The initiative aims to accelerate the deployment of residential rooftop solar...

Vedanta to invest Rs 1 trillion in Rajasthan

Vedanta has announced plans to invest more than Rs 1 trillion in Rajasthan, covering its zinc, renewable energy, and oil and gas divisions.  This investment is expected to create around 200,000 jobs and support the development of over 500 downstream...

Work on installing 10 more nuclear reactors underway

According to information provided to the Parliamentary Standing Committee on Science and Technology, India is currently installing at least 10 new nuclear reactors.  The reactors, with a capacity of 700 MW each, are being developed in states...

JSW Neo Energy acquires 125 MW wind assets from Hetero Group

JSW Neo Energy Limited (JSWNEL), a subsidiary of JSW Energy Limited, has acquired three special purpose vehicles (SPVs)—Hetero Wind Power Limited, Hetero Wind Power (Pennar) Private Limited, and Hetero Med Solutions Limited—from Hetero Labs Limited...

India’s renewable energy goals may increase dependence on solar imports, GTRI warns

India’s target of installing 500 GW of renewable energy by 2030 could drive its annual solar equipment import bill to USD 30 billion, according to a report by think tank Global Trade Research Initiative (GTRI).  The report emphasizes that...

India seeks critical minerals agreement with the US to counter China

India and the US are working together to bolster their critical minerals supply chains, aiming to reduce dependency on China.  As part of this effort, the two countries plan to jointly explore third-country sources for securing critical minerals...

Integrum Energy Infrastructure files DRHP for IPO

Integrum Energy Infrastructure has reportedly filed a draft red herring prospectus (DRHP) for an initial public offering (IPO).  The IPO will include a fresh issue of up to 4.95 million equity shares and an offer for sale of up to 0.54 million equity...

NTPC announces winners of 1.2 GW ISTS-connected solar auction; allocates 976 MW

NTPC has released the results of its 1.2 GW ISTS-connected solar projects auction. The winning companies include SAEL Industries, Rays Power Infra, Refex Green, ReNew Solar, and Illuminate Hybren (Mahindra Susten).  SAEL secured 300 MW, Rays Power...

RECPDCL floats tender for power evacuation from hydro PSPs

REC Power Development and Consultancy (RECPDCL), a subsidiary of REC Limited, has issued a tender to select a transmission service provider for establishing an inter-state transmission system (ISTS) as part of a network expansion program in the...

Iskraemeco to establish new development centre in India

Switzerland-based Iskraemeco Group, after selling its smart meter manufacturing unit in India to Kaynes Technology India Ltd, has announced plans to set up a new software development centre in India. The centre will focus on electricity metering and...

Union government sanctions three pilot projects for hydrogen use in steel production

As part of the National Green Hydrogen Mission, the Indian government has approved three pilot projects aimed at utilizing hydrogen in steel production.  The projects include a 50 ton-per-day (tpd) plant by Matrix Gas and Renewables Ltd (in...

ACME Solar signs PPA with SECI for 150 MW hybrid solar project

ACME Solar Holdings’ special purpose vehicle, ACME Platinum Urja, has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India (SECI) for a 150 MW hybrid solar project.  This is part of the 350 MW capacity awarded to ACME...

Rays Power Infra Secures Rs 9.4 billion Solar Projects

Rays Power Infra has secured solar projects worth Rs 9.4 billion, totalling 362 MW, in Rajasthan.   Additionally, the company won a 600 KW / 3000 KWh flow battery project from NTPC. Ketan Mehta, MD & CEO, expressed excitement over the projects...

JSW Energy signs 1,200 MW hybrid power deals with MSEDCL

JSW Energy’s subsidiaries, JSW Renew Energy Six Ltd and JSW Renew Energy Thirty Ltd, have signed power purchase agreements (PPAs) with Maharashtra State Electricity Distribution Company Ltd (MSEDCL) for two solar-wind hybrid projects, each with a...

It’s time for Punjab to hand over Shanan power project to Himachal: CM Sukhu

Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu visited the historic 110 MW Shanan Power House in Mandi district, emphasizing the need for its control to be transferred to the Himachal Pradesh government following the expiration of the lease...

L&T partners with US firm for global nuclear power deployment

Larsen & Toubro (L&T) has signed a Memorandum of Understanding (MoU) with US-based Clean Core Thorium Energy (CCTE) to provide efficient clean energy solutions globally.  The partnership focuses on deploying nuclear power, especially in...

MERC rejects BEST’s petition to terminate Tata Power contract

BEST petitioned the Maharashtra Electricity Regulatory Commission (MERC) to terminate its power purchase agreement with Tata Power‘s Trombay Unit 5, citing high energy charges ranging from Rs 8 to Rs 11 per unit.  BEST argued that these tariffs...

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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

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IEX reports 11.7% rise in Q1 profit as electricity volumes grow

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Bihar seeks developers to build pumped storage projects statewide

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Kalpataru energises 101.39 km transmission lines in Rajasthan

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Rajesh Pandey assumes charge as DVC’s 51st Chairman

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Bondada receives CEA approval for 300 MW Khavda solar project

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