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MNRE issues first revision of ALMM List-II for solar PV cells

The Ministry of New and Renewable Energy (MNRE) has released the first revision of the Approved List of Models and Manufacturers (ALMM) List-II for solar PV cells, along with a set of frequently asked questions (FAQs) to clarify its implementation...

Inox Solar commissions 1.2 GW solar module facility in Gujarat

Inox Solar Limited, a subsidiary of Inox Clean Energy Limited, has commissioned a 1.2 GW solar module manufacturing plant at Bavla, Ahmedabad, Gujarat. This is the first phase of a planned 3 GW module facility. The Bavla plant, completed in four...

Waaree Power to acquire 76% stake in Racemosa Energy

Waaree Power Private Limited, a subsidiary of Waaree Energies Limited, has approved the acquisition of a 76 per cent equity stake in Racemosa Energy (India) Private Limited.  The deal is subject to definitive agreements, regulatory clearances, and...

NTPC approves draft MoU with UCIL to evaluate overseas uranium assets

NTPC Limited has approved a draft memorandum of understanding with Uranium Corporation of India Limited (UCIL) to jointly conduct techno-commercial due diligence of overseas uranium assets.  The company is preparing to expand into nuclear generation...

ACWA Power and L&T collaborate on Yanbu green ammonia project

ACWA Power has signed a memorandum of understanding (MoU) with Larsen & Toubro’s (L&T) renewables division for the development of the renewables and grid components of the Yanbu green ammonia project in Saudi Arabia. The project is planned as...

Sunsure Energy commissions 82.5 MWp solar plant in Jhansi

Sunsure Energy has commissioned an 82.5 MWp open-access solar project in Jhansi district, Uttar Pradesh. The plant is expected to generate around 0.12 billion units of electricity annually and supply industries in the state with cost-competitive...

Kshema Power wins Rs 1.08 billion contract for 400 kV transmission line

Kshema Power has secured a Rs 1.08 billion contract to build a 42-kilometre, 400 kV transmission line in Ananthapuram district, Andhra Pradesh, to evacuate power from a 1 GW wind farm. The project will use a single-circuit line on double-circuit...

IREDA sanctions Rs 1,134 crore loan for Insolation Green’s solar cell plant

Indian Renewable Energy Development Agency Limited (IREDA) has approved a loan of Rs 1,134 crore for Insolation Green Energy, a wholly owned subsidiary, to develop a 4.5 GW solar cell manufacturing unit in Madhya Pradesh. The company said the total...

PM Modi lays foundation for SJVN’s 200 MW solar project at Khavda

Prime Minister Narendra Modi virtually laid the foundation stone of SJVN’s 200 MW solar power project at Khavda Solar Park in Gujarat on 20 September 2025. The project is part of Gujarat Urja Vikas Nigam Limited’s (GUVNL) Phase XVII scheme and will...

Power Grid wins tariff-based bidding for Mandsaur transmission project

Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder to develop the inter-state transmission project “Augmentation of transformation capacity and implementation of line bays at Mandsaur substation for renewable...

Ayana Renewable declares 9.9 MW wind capacity operational in Gujarat

Ayana Renewable Power Four Private Limited, a subsidiary of Ayana Renewable Power Private Limited and part of the ONGC NTPC Green Private joint venture, has commenced commercial operations for 9.9 MW of wind capacity at its 92.4 MW project in Bhuj...

KEC International wins Rs 3,243 crore T&D orders

KEC International Limited, part of the RPG Group, has secured new contracts worth Rs 3,243 crore in its transmission and distribution segment. The projects include construction of 400 kV transmission lines in the United Arab Emirates (UAE) and supply...

ACME Solar secures Rs 1,100 crore refinancing for Rajasthan project

ACME Solar Holdings Limited has arranged Rs 1,100 crore for refinancing debt for a 300 MW renewable energy project in Rajasthan and lowering borrowing costs by about 100 basis points. The project has been operational for six months and has maintained...

Adani Green Energy forms new subsidiary for renewable power generation

Adani Green Energy Limited has set up a new step-down subsidiary, Adani Ecogen Three Limited, to focus on renewable power generation. The company disclosed the development in a stock exchange filing on 22 September 2025. According to the filing, the...

THDC begins commercial operation of second unit at Khurja thermal project

THDC India Limited has started commercial operation of the second 660 MW unit at the Khurja Super Thermal Power Project (2×660 MW) in Khurja, Uttar Pradesh. The inauguration of the unit was held on 22 September 2025 through a virtual ceremony...

Jakson Group to invest Rs 1 billion in distributed energy by FY26

Jakson Group will invest Rs 1 billion in its distributed energy business by 2025-26 to expand capacity and meet rising demand for backup and sustainable power. The company, which earns most of its revenue from diesel generators, is diversifying into...

Madhya Pradesh secures record low tariff for solar-plus-storage project in Morena

Madhya Pradesh has awarded India’s lowest tariff for a solar-plus-storage project. The Morena Solar Park secured a rate of Rs 2.70 per unit in the e-reverse auction on 19 September 2025. The project is India’s first firm and dispatchable renewable...

IKEA’s Ingka Investments enters India’s renewable energy market

Ingka Investments, the €50 billion family office of IKEA, has acquired 241 MW of solar and wind assets in Rajasthan from ib vogt, a Germany-based company. The deal, valued between Rs 1,200–1,400 crore, marks Ingka’s first investment in India’s...

SEBI closes Adani Power probe; Morgan Stanley sees 30 per cent upside

The Securities and Exchange Board of India (SEBI) has closed its inquiry into Adani Power Limited and other Adani Group firms without penalty, concluding that allegations of irregular loan transactions were not established. The case originated from...

Adani Green Energy incorporates two renewable power subsidiaries

Adani Green Energy Limited has informed stock exchanges that its subsidiary has created two wholly-owned companies focused on renewable power generation. Adani Renewable Energy Holding Eleven Limited, a subsidiary of Adani Green Energy, incorporated...

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