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Adani Power wins 1,600 MW long-term supply contract from MSEDCL

Adani Power Limited has received a Letter of Award from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the long-term supply of 1,600 MW of thermal power. The company disclosed the development to stock exchanges on Saturday...

India revises FDI rules for land-bordering countries, easing minority investment

India’s Union Cabinet has approved an amendment to Press Note 3 of 2020, which requires government approval for investments from countries sharing a land border with India. The revision introduces a 10% beneficial ownership threshold below which...

Power Ministry amends captive power rules with proportionate consumption framework

The Ministry of Power (MoP) has revised the regulatory framework for captive generating plants, introducing a proportionate consumption mechanism that limits how much electricity each co-owner in a multi-user plant can claim as captive.  The changes...

Non-fossil sources cross 52% of India’s installed power capacity

India’s total installed power capacity reached 524 GW at the end of February, according to official data, with non-fossil fuel sources exceeding 52% of the mix for the first time as solar additions outpaced other technologies. Data released by the...

NCLT approves Inox Green Energy’s power evacuation business demerger

The National Company Law Tribunal (NCLT), Ahmedabad Bench, has approved the demerger of the Power Evacuation Business of Inox Green Energy Services Limited (IGESL) into Inox Renewable Solutions Limited (IRSL). The order was pronounced on March 13...

ACME Solar commissions BESS phases totalling 176 MW in Rajasthan

ACME Solar Holdings Limited has commissioned a 142.67 MW / 481.49 MWh Battery Energy Storage System (BESS) in Rajasthan through its subsidiaries. The project represents Phase 1 of a planned total BESS capacity of 585 MW / 2,011 MWh to be developed...

Orient Green Power promoter entities merged into SVL Limited

Orient Green Power Company Limited has informed stock exchanges that two promoter entities, Nivedana Power Private Limited (NPPL) and Syandana Energy Private Limited (SEPL), will be merged into SVL Limited following approval from the National Company...

Coal India subsidiary CMPDIL files RHP for IPO

Coal India Limited (CIL) has informed stock exchanges that Central Mine Planning and Design Institute Limited (CMPDIL), its wholly owned subsidiary, filed a Red Herring Prospectus (RHP) dated March 12, 2026 with the Securities and Exchange Board of...

Mahindra Susten achieves financial closure for 300 MW Rajasthan hybrid project

Mahindra Susten Private Limited has achieved financial closure for its Hazel Hybren renewable energy project in Rajasthan. The project has a capacity of 300 MW alternating current (AC), equivalent to 420 MWp, with HDFC Bank Limited acting as the sole...

DGTR recommends five-year extension of duty on Malaysian solar glass

The Directorate General of Trade Remedies (DGTR) has recommended extending countervailing duties (CVD) on solar glass imports from Malaysia for another five years, stating that Malaysian producers continue to receive government subsidies and that...

Ashok Leyland begins construction of EV battery pack plant near Chennai

Ashok Leyland Limited has started construction of a greenfield battery pack manufacturing facility at Pillaipakkam near Chennai. The project involves an investment of Rs 400–500 crore and forms part of the commitments made under a memorandum of...

Bessco Power and Renergo form JV for 1,000 MW renewable projects

Bessco Power Private Limited and Renergo Developers have formed a joint venture to develop 1,000 MW of renewable energy projects across India and Nepal over the next 18 to 24 months. The partnership will primarily focus on utility-scale solar power...

PFC subsidiary for 4,000 MW Odisha project struck off

Sakhigopal Integrated Power Company Limited (SIPCL), a wholly owned subsidiary of Power Finance Corporation Limited (PFC), has been struck off by the Registrar of Companies with effect from March 9, 2026, under Section 248 of the Companies Act, 2013...

ACME Solar commissions second phase of Rajasthan BESS project

ACME Solar Holdings Limited (ASHL) has commissioned the second phase of its Battery Energy Storage System (BESS) project in Rajasthan through its wholly owned subsidiary, ACME Sun Power Private Limited. The newly commissioned phase adds 33.335 MW /...

POWERGRID and Montecarlo acquire transmission SPVs in Maharashtra

Power Grid Corporation of India Limited (POWERGRID) and Montecarlo Limited acquired two transmission Special Purpose Vehicles (SPVs) in Maharashtra on March 12, 2026. The transfers were completed by PFC Consulting Limited (PFCCL) under the...

KPI Green Energy expands IPP capacity to 589 MWp

KPI Green Energy Limited has energised an additional 35 MWp of solar capacity, raising its operational Independent Power Producer (IPP) capacity to 589 MWp. The company stated that it is progressing toward commissioning another 1,582 MWp, which would...

ACME Solar signs 450 MW FDRE power purchase agreements with SJVN

ACME Solar Holdings Limited (ASHL) has signed two Power Purchase Agreements (PPAs) through its subsidiary, ACME Greentech Seventh Private Limited, with SJVN Limited for a total capacity of 450 MW / 1,800 MWh. The agreements were executed on March 2...

EAC clears Adani’s 1,200 MW pumped storage project in Uttar Pradesh

The Expert Appraisal Committee (EAC) for River Valley and Hydroelectric Projects has recommended granting Terms of Reference (ToR) for the proposed 1,200 MW Cherue Pumped Storage Project in Sonbhadra district, Uttar Pradesh. Adani Hydro Energy Six...

Power Ministry proposes amendments to electricity consumer rights rules

The Ministry of Power (MoP) has issued a draft of the Electricity (Rights of Consumers) Amendment Rules, 2026, seeking stakeholder comments by April 11, 2026. The amendments are proposed to take effect from October 1, 2026. According to the draft...

PM lays foundation stone for 50 MW floating solar project in Kerala

Prime Minister Narendra Modi laid the foundation stone for a 50 MW floating solar project at West Kallada in Kerala on Wednesday during his visit to Ernakulam. The project was announced alongside the inauguration and launch of infrastructure projects...

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