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Waaree Energies subsidiary to acquire Sunbreeze Ninth Cloud

Waaree Energies Limited announced that its wholly owned subsidiary, Waaree Forever Energies Private Limited (WFEPL), has entered into a Share Purchase Agreement to acquire 100% equity in Sunbreeze Ninth Cloud Private Limited. The acquisition is...

IEX power trade rises 16.5% in October as prices ease

The Indian Energy Exchange (IEX) recorded a total electricity trade volume of 11,233 million units (MU) in October 2025, up 16.5% year-on-year. The increase came amid improved power availability from hydro, solar, wind, and coal-based generation...

L&T signs MoU with Holtec International for advanced heat transfer solutions

Larsen & Toubro’s Heavy Engineering division has signed a Memorandum of Understanding (MoU) with the Asia arm of US-based Holtec International to jointly provide design and build solutions for heat transfer equipment used in nuclear and thermal...

NTPC commissions first 800 MW unit of Patratu Thermal Power Project

NTPC Limited has announced the start of commercial operations for Unit 1 (800 MW) of the Patratu Super Thermal Power Project (STPP) Phase I, developed by its subsidiary Patratu Vidyut Utpadan Nigam Limited (PVUNL). The unit achieved commercial...

Maharashtra inks Rs 8,000 crore deal for 1,500 MW pumped storage project

The Maharashtra government has entered into an Rs 8,000 crore agreement with GSC PSP Maha Pvt Ltd of Haryana to develop the Panchmauli-Devalipada pumped storage hydroelectric project across Dhule and Nandurbar districts. The 1,500 MW project is...

Hinduja Group to invest Rs 20,000 crore in Andhra Pradesh for energy and EV projects

The Hinduja Group has committed to invest Rs 20,000 crore in Andhra Pradesh in multiple phases after discussions with Chief Minister N. Chandrababu Naidu in London. The investment will focus on expanding power generation, renewable energy capacity...

MNRE takes case-by-case approach on REIA bids

India’s renewable energy expansion is entering a new phase focused on grid integration, storage, and market reform. The Ministry of New and Renewable Energy (MNRE) has decided not to cancel Renewable Energy Implementing Agency (REIA) projects in...

93 GW renewable backlog triggers government action on unsigned PPAs and PSAs

The Ministry of Power has directed Renewable Energy Implementing Agencies (REIAs) to close long-pending renewable energy bids and cancel related Letters of Award (LoAs) by November 30, 2025, where signing Power Purchase Agreements (PPAs) or Power...

CSIR-SERC unveils hybrid floating platform for wind and solar

CSIR-Structural Engineering Research Centre (CSIR-SERC) in Chennai has developed a hybrid floating platform that generates both wind and solar power from a single structure. The system can be deployed in offshore and inland water bodies, unlocking...

Dharan Infra signs Rs 215 crore deal for solar project in Maharashtra

Dharan Infra-EPC Ltd has announced that its wholly-owned subsidiary, Dharan Infra Solar Pvt Ltd, has signed a Rs 215 crore agreement with Skymax Infrapower to develop a 75 MW solar power plant in Maharashtra. The contract covers the full scope of...

Rajasthan cancels over 100 Kusum-A solar projects

Rajasthan has cancelled over 100 Kusum-A solar projects after developers failed to sign power purchase agreements (PPAs) within the stipulated timelines. Many of these bidders had initially offered very low tariffs to win contracts, but later...

Adani Solar emerges as India’s top global solar exporter

Adani Solar has reached a major manufacturing milestone, with total module shipments surpassing 15,000 MW across domestic and international markets. The company announced that it is the first and fastest Indian solar manufacturer to achieve this...

Germany and India renew clean energy partnership

Germany and India have reaffirmed their commitment to renewable energy and sustainable growth, the German Embassy has said. The announcement followed Parliamentary State Secretary Johann Saathoff’s four-day visit to India, marking 25 years of the...

PGCIL profit dips 6%; GE Vernova, Hitachi post strong growth

Power Grid Corporation of India Ltd (PGCIL) reported a net profit of Rs 3,566 crore for the quarter, down 6% from Rs 3,793 crore in the same period last year. Revenue rose 1.8% to Rs 11,476 crore from Rs 11,277 crore, while EBITDA declined 6.1% to Rs...

REC sanctions Rs 7,500 crore for Brookfield’s hybrid project

REC Limited has approved Rs 7,500 crore in financing for a 1.04 GW hybrid renewable energy project being developed by Brookfield Asset Management in Kurnool, Andhra Pradesh. This marks the largest single funding sanction by REC for a private sector...

Lubi Electronics appoints Suraj Dhruv as Business Head

Lubi Electronics has appointed Suraj Dhruv as Business Head to lead the company’s business growth, P&L management, and expansion into renewable energy. Based in Ahmedabad, he will oversee diversification into solar, solar-wind hybrid, green...

NTPC Green signs MoU with CtrlS Datacenter for 2 GW renewable power supply

NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has signed a Memorandum of Understanding (MoU) with CtrlS Datacenter Limited to develop renewable energy projects of 2 GW or more for supplying round-the-clock (RTC) renewable power to...

NLCIL commissions 106 MW solar unit, transfers 1.4 GW assets to subsidiary

NLC India Limited (NLCIL) has announced the commissioning of the second phase of its 300 MW solar power project at Barsingsar in Bikaner, Rajasthan, and the transfer of seven renewable assets to its subsidiary as part of a structural reorganisation...

Adani Green signs investment agreements with RSWM for captive power projects

Adani Green Energy Limited (AGEL) announced that its subsidiaries have signed Investment Agreements with RSWM Limited to develop two captive power projects. The agreements were executed on October 31, 2025. The first agreement involves Adani...

Ingka Investments acquires 210 MWp solar project in Rajasthan

Ingka Investments, the investment arm of Ingka Group, has acquired a 100% stake in a 210 MWp solar project in Rajasthan, its first renewable energy investment in India. The subsidy-free project is ready for construction, with operations expected to...

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CERC clears over 13,000 MW in March adoption orders

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