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IndiGrid to acquire Gadag Transmission Limited for Rs 372 crore

IndiGrid has signed definitive agreements to acquire Gadag Transmission Limited (GTL), an ISTS project in Karnataka, for an enterprise value of about Rs 372 crore. The deal excludes net working capital and cash adjustments and includes an earn out...

HG Infra subsidiary signs BESPA with GUVNL for 300 MW BESS project

H.G. Choraniya Bess, a subsidiary of HG Infra Engineering, has signed a battery energy storage purchase agreement with Gujarat Urja Vikas Nigam Limited for a 300 MW/600 MWh BESS project. The company secured this capacity in GUVNL’s Phase VI auction...

ADB approves USD 650 million loan for India’s rooftop solar program

ADB has approved a USD 650 million policy-based loan to support India’s plan to expand rooftop solar and deliver clean, affordable electricity to 10 million households by 2027. The funding is part of Subprogram 1 of the Accelerating Affordable and...

IEX records 17.7% rise in November power trade and IGX clears IPO move

Indian Energy Exchange Limited reported a 17.7 per cent year-on-year rise in electricity trading volumes in November 2025, with total transactions reaching 11,409 MU. The company also confirmed that Indian Gas Exchange Limited has secured board...

NHPC synchronises 250 MW Unit 2 of Subansiri Lower HEP with the national grid

NHPC Limited has achieved test synchronisation of the 250 MW Unit 2 of the 2,000 MW Subansiri Lower Hydroelectric Project with the national grid on 2 December 2025. The company expects the commercial operation date for Unit 2 by this month. The...

Pace Digitek subsidiary wins Rs 997 million BESS supply contract

Pace Digitek Limited said its material subsidiary Lineage Power Private Limited has secured a Rs 997.10 million contract from Advait Greenergy Private Limited for an LFP Battery Energy Storage System and associated equipment. Lineage Power received...

Vikram Solar names Arun Mittal as CEO of VSL Powerhive

Vikram Solar Limited has named Arun Mittal as the CEO of its wholly owned subsidiary VSL Powerhive Private Limited. The appointment strengthens the company’s entry into the energy storage market at a time when its solar manufacturing capacity has...

APTRANSCO awards 1,000 MW BESS tender with VGF support

The Transmission Corporation of Andhra Pradesh Limited (APTRANSCO) has announced the winners of its VGF tender for 1,000 MW and 2,000 MWh standalone BESS projects. The tender was issued in August 2025 under a single-stage, two-envelope system that...

Envision Energy India wins 300 MW wind turbine order

Envision Energy India has received a 300 MW wind turbine order from UPC Renewables India for upcoming projects in Karnataka. The order covers 60 wind turbine generators for installation at the Bijapur site. The first phase totals 100 MW and includes...

SWREL reports its largest domestic solar EPC win of the fiscal year

Sterling and Wilson Renewable Energy Limited has reported major new orders and a strategic partnership with Adani Green Energy Limited. The company shared the update through a press release on 01 December 2025 and said the development strengthens its...

REC promotes Hemant Kumar as Executive Director

REC Limited has promoted Shri Hemant Kumar to Executive Director with effect from 02 December 2025. The company announced the elevation in a filing to the stock exchanges. Shri Kumar previously served as Chief General Manager of Finance and Accounts...

NLCIL appoints Rajesh Pratap Singh Sisodia as Director of Planning and Projects

NLC India Limited has named Shri Rajesh Pratap Singh Sisodia as its Director of Planning and Projects, with effect from 02 December 2025. He took charge at the company’s Neyveli headquarters. Shri Sisodia brings more than 35 years of experience...

KPI Green wins EPC contract for 142 MW floating solar project

KPI Green Energy Limited has received an EPC contract from Gujarat State Electricity Corporation Limited for a 142 MW (DC) / 110 MW (AC) floating solar project at the Kadana Dam reservoir in Mahisagar district. The company disclosed the development...

Adani Green forms two new renewable energy subsidiaries

Adani Green Energy Limited has set up two new wholly owned subsidiaries to support its planned growth in renewable power. The entities, Urjasetu Renewables Limited and Hydrobloom Power Limited, were incorporated on 02 December 2025 by Adani Renewable...

Waaree to supply 350 MW of modules to AMPIN Energy

Waaree Energies Limited has won a 350 MW solar module supply order from AMPIN Energy Transition. It will deliver G12R TOPCon modules for AMPIN projects planned across India, with deliveries scheduled to finish by March 2026. This follows a 210 MW...

Mahindra & Mahindra to take 26 percent stake in Gelos Solren for captive hybrid project

Mahindra & Mahindra Limited has signed a share subscription and shareholder’s agreement to buy a 26 per cent equity stake in Gelos Solren Private Limited, a wholly owned subsidiary of Mahindra Susten. The investment will support a 100.8 MW...

NTPC opens solar hydrogen project in Ladakh

NTPC has commissioned a 3.7 MW solar hydrogen project in Ladakh. The facility was inaugurated virtually by Defence Minister Rajnath Singh. The company has built a standalone microgrid that uses hydrogen for storage and can supply 200 kW of continuous...

Adani Green commissions 200 MW at Khavda

Adani Green Energy Limited has brought 200 MW of new renewable capacity online at Khavda in Gujarat through its step-down subsidiaries. The addition raises the company’s total operational portfolio to 16,929.8 MW. The project was officially launched...

MNRE eases prototype testing rule for wind turbine approvals

The Ministry of New and Renewable Energy (MNRE) has amended its wind manufacturing policy to delay the mandatory requirement for in-country prototype testing. The change, issued through an office memorandum dated December 1, 2025, updates the...

UP launches scheme to ease electricity dues

Uttar Pradesh has announced a new scheme that offers major relief on overdue electricity bills. The Bijli Bill Rahat Yojana from Uttar Pradesh Power Corporation Ltd starts on December 1 and provides a full waiver of surcharge and interest for...

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