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India secures $386 bn investment commitments for renewable energy at RE-Invest 2024

Ministry of Renewable Energy has received investment commitments totalling $386 billion from banks and financial institutions at the RE-Invest conference in Gandhinagar, Gujarat. These investments aim to help India double its clean electricity...

Transformers and Rectifiers secures Rs 1.14 billion order from RRVPNL

Transformers and Rectifiers (India) Ltd (TRIL) has secured an order worth Rs 1.14 billion from Rajasthan Rajya Vidyut Prasaran Nigam (RRVPNL) to supply 50 MVA, 132/33 kV power transformers. The delivery is expected by the next financial year. This...

MSEDCL awards 5 GW solar power contract to Adani Power

Maharashtra State Electricity Distribution Company (MSEDCL) has issued a letter of intent (LoI) to Adani Power (APL) for the supply of 5,000 MW of solar power to Maharashtra. This follows Adani Group’s successful bid to supply a total of 6,600...

JSW commissions 300 MW wind power plant in Tamil Nadu

JSW Renew Energy Two, a subsidiary of JSW Energy, has commissioned the 300 MW wind power plant at Tuticorin, Tamil Nadu. The inter-state transmission system (ISTS) project, awarded by the Solar Energy Corporation of India (SECI) under Tranche-X, is...

HPL Electric secures Rs 1.44 billion order for smart and conventional meters

HPL Electric & Power has won an order worth Rs 1.44 billion for the supply of smart and conventional meters. The company, a leading manufacturer of electrical equipment, will execute the order as per the terms of the letter of award (LoA). HPL...

Reliance Power wins 500 MW Battery Energy Storage contract from SECI

Reliance Power has secured a contract from the Solar Energy Corporation of India (SECI) to establish a 500 MW/1000 MWh Battery Energy Storage System (BESS). Awarded through a tariff-based competitive bidding (TBCB) process, the standalone BESS will...

NLC India plans Rs 500 billion investment to triple renewable energy capacity

Lignite-to-power producer NLC India Ltd (NLCIL) plans to invest approximately Rs 500 billion to increase its renewable energy capacity from 1.43 GW to 10.11 GW. NLC India Green Energy Limited (NIGEL), a wholly-owned subsidiary of NLCIL, has been...

Tata, MG offer free charging, battery rentals to lure EV buyers

India’s leading electric vehicle (EV) manufacturer, Tata Motors, is offering free charging and discounts to attract consumers, while rival MG Motor has launched a pioneering battery rental plan. These efforts aim to address slowing sales growth...

PGCIL wins bid for Jam Khambhaliya augmentation scheme

Power Grid Corporation of India Ltd (PGCIL) has been awarded the letter of intent for the Jam Khambhaliya augmentation scheme under the tariff-based competitive bidding (TBCB) route. The project involves establishing an interstate transmission system...

Genus Power establishes two SPVs for smart metering under RDSS

Genus Power Infrastructures Limited has formed two special purpose vehicles (SPVs), Genus Shekhawati Smart Metering Private Limited and Genus Marwar Smart Metering SPV Private Limited, to execute advanced metering infrastructure service provider...

Sumitomo, AMPIN collaborate to develop 1 GW RE in India

Sumitomo Corporation has formed a joint venture with AMPIN Energy Transition Pvt Ltd to form AMPIN C&I Power Pvt Ltd for developing renewable energy assets in India and promoting corporate Power Purchase Agreements (PPAs) for supplying renewable...

PGCIL completes delayed interstate transmission system for Rajasthan’s solar energy zones

Power Grid Corporation of India Ltd (PGCIL) recently commissioned an interstate transmission system (ISTS) under “Powergrid Bhadla Transmission Ltd.” The project, officially named the “Transmission system strengthening scheme for evacuation of...

Sunsure signs PPA to supply 21 MW solar power to Lupin

Sunsure Energy has signed a power purchase agreement (PPA) to provide 21 MW (31.5 MWp) of solar power to pharmaceutical giant Lupin. The power will be sourced from Sunsure’s 100 MW (150 MWp) solar plant in Solapur, Maharashtra, boosting...

Tata Electronics, TCS to develop India’s first domestic semiconductor chips by 2026

Tata Consultancy Services (TCS) is collaborating with Tata Electronics to introduce India’s first domestically produced semiconductor chips by 2026. Tata Electronics is leading the manufacturing efforts, targeting industries such as automotive...

NTPC partners with USAID to achieve net zero emissions in townships, offices by 2025

NTPC has signed an MoU with USAID’s India Mission to create a roadmap for transforming its townships and offices into net zero establishments.  NTPC aims to achieve net zero Scope 2 emissions in its townships and offices by FY 2025-26. Efforts...

Reliance among four bidders for Jamnagar ISTS project

Reliance Industries Ltd is one of four bidders shortlisted for the interstate transmission system (ISTS) project in Gujarat, managed by Jamnagar Transmission Ltd. This marks a potential entry for Reliance into interstate power transmission...

Hindustan Zinc’s top-quality zinc used in India’s heaviest power transmission steel pole

Hindustan Zinc Ltd has announced that its premium zinc was used in the galvanization process for India’s heaviest power transmission steel pole. The 400kV dual pole structure, standing 57 meters tall, was galvanized using Hindustan Zinc’s special...

Record tariff set for Khavda IV-C ISTS project

Sterlite Power has secured the Khavda IV-C interstate transmission system (ISTS) project with an annual tariff of Rs 13.15 billion, the highest ever for an ISTS scheme under the tariff-based competitive bidding (TBCB) process. Competing bids from...

Apraava Energy signs 300 MW solar PPA with NTPC for Rajasthan project

Apraava Energy has signed a power purchase agreement (PPA) with NTPC Ltd for a 300 MW interstate transmission system (ISTS)-connected solar energy project in Rajasthan. Secured through an e-reverse auction at a tariff of Rs 2.65 per kWh, the project...

Union Cabinet approves PM E-DRIVE Scheme with Rs 109 billion outlay to boost electric mobility

The Union Cabinet has approved the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme, with a Rs 109 billion budget over two years, aimed at accelerating electric mobility in India. The scheme provides Rs 36.79 billion...

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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

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

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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...

Bondada receives CEA approval for 300 MW Khavda solar project

Bondada Engineering Limited has received approval for energisation from the Central Electricity...