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SnapE Cabs raises $2.5 million funding for EV expansion

SnapE Cabs has secured $2.5 million in a bridge deck funding round led by Inflection Point Ventures. The company will use the capital for operational expenses, leasing electric vehicles, and product development. The company became EBITDA positive in...

Kalpataru Projects secures Rs 27.2 billion orders

Kalpataru Projects International Limited (KPIL) has won new orders worth Rs 27.2 billion across its power transmission and distribution (T&D) business. The contracts include T&D projects in both domestic and international markets, along with...

Prostarm sets up SPV for 150 MW/300 MWh BESS project in Karnataka

Prostarm Info Systems Limited has incorporated a wholly owned subsidiary, Prostarm Karnataka BESS Private Limited, as a special purpose vehicle (SPV) to develop a 150 MW/300 MWh standalone battery energy storage system (BESS) at the 400 kV Doni...

Rajesh Power wins contract for underground power works

Rajesh Power Services Limited has secured a turnkey contract worth Rs 1.43 billion from Dakshin Gujarat Vij Company Limited (DGVCL) for underground power infrastructure in Gujarat. The project involves converting the existing 11 kV and 22 kV...

Centre plans Rs 38,900 crore carbon capture programme

The central government is preparing a carbon capture, utilisation, and storage (CCUS) programme estimated at Rs 38,900 crore, with Rs 19,500 crore to be committed from public funds. The balance is expected to be raised through bank loans and...

RECPDCL invites fresh bids for Himachal hydropower evacuation scheme

REC Power Development and Consultancy Limited (RECPDCL) has launched a tariff-based competitive bidding (TBCB) process to select a transmission service provider for evacuating power from the 450 MW Shongtong Karcham hydroelectric project (HEP) and...

CEA issues procedure for captive unit identification by SPVs for 2025-26

The Central Electricity Authority (CEA) has issued a circular detailing the procedure for Special Purpose Vehicles (SPVs) to formally identify generating units designated for captive use. The notification is mandatory for entities seeking captive...

Adani Power receives LoA for 1,600 MW thermal project in Madhya Pradesh

Adani Power Limited has secured a Letter of Award (LoA) from MP Power Management Company Limited (MPPMCL) for the supply of an additional 800 MW of power under the greenshoe option. With this, the total awarded capacity has increased to 1,600 MW. The...

Power Ministry launches stakeholder survey for India Energy Stack

The Ministry of Power has initiated a stakeholder mapping survey to support the development of the India Energy Stack (IES), a digital public infrastructure for the power sector.  The IES is designed to create a connected and interoperable energy...

CPRI inaugurates new regional testing laboratory in Nashik

The Central Power Research Institute (CPRI), under the Ministry of Power, has inaugurated a Regional Testing Laboratory in Nashik to strengthen testing and certification infrastructure for the power sector. The Nashik laboratory will provide testing...

Dharan Infra awarded Rs 3262 crore solar contracts in Uttar Pradesh

Dharan Infra Solar Private Limited, a wholly owned subsidiary of Dharan Infra EPC Limited (formerly KBC Global Limited), has secured work contracts worth about Rs 3262.10 crore from a renewable energy company in India.  The contracts cover...

Vikram Solar posts 79.7% revenue growth in Q1 FY 2025-26

Vikram Solar Limited has reported revenue of Rs 11.33 billion for the first quarter of FY 2025-26, ending June 30, 2025. This reflects a 79.7 per cent increase from Rs 6.30 billion in the same period last year. Earnings before interest, taxes...

ACME Solar secures SBI funding for 400 MW FDRE project

ACME Venus Urja Private Limited, a subsidiary of ACME Solar Holdings Limited, has arranged long-term financing of Rs 3,892 crore from State Bank of India for a 400 MW firm and dispatchable renewable energy project in Barmer, Rajasthan. The loan will...

Sterling and Wilson secures LoI for 300 MW solar project in Rajasthan

Sterling and Wilson Renewable Energy Limited (SWREL) has received a letter of intent from a private power producer to execute an engineering, procurement and construction package for a 300 MW AC solar project in Rajasthan. The project will have a...

India cancels grid access for 17GW of delayed clean energy projects

India has revoked transmission access for around 17 gigawatts (GW) of renewable energy projects that have experienced delays, according to Reuters. The decision aims to prioritise grid connections for projects that are operational or close to...

Tata Power and Tata Passenger launch Mumbai’s largest EV charging hub

Tata Power and Tata Passenger Electric Mobility Limited have opened a large-scale electric vehicle (EV) charging hub in Mumbai under the TATA.ev MegaCharger initiative. The launch took place on World EV Day and marks the companies’ first co-branded...

Waaree Renewable secures Rs 1,252 crore 870 MWac solar project

Waaree Renewable Technologies Limited (WAAREERTL), a subsidiary of Waaree Energies Limited, has received a Letter of Award (LOA) from Waaree Forever Energies Private Limited (WFEPL) for the execution of an 870 megawatt alternating current (MWac) or...

StarCharge to deliver 1 GWh battery storage systems to Prozeal Green

StarCharge has entered into an agreement with Prozeal Green Energy Limited to supply 1 gigawatt-hour (GWh) of battery energy storage systems (BESS) for deployment across multiple locations in India. As part of the agreement, StarCharge will provide...

GPS Renewables partners with BGTS to introduce Varibull paddle agitators in India

GPS Renewables and its subsidiary Proweps have partnered with Biogastechnik Süd GmbH (BGTS) to bring Varibull paddle agitators to the Indian market. The collaboration is aimed at improving the efficiency of biogas plants and reducing costs for...

GREW Solar raises Rs 3 billion from investors

GREW Solar has raised Rs 3 billion from a group of investors, including Vijay Kedia and Rohit Kothari of GeeCee Holdings. The company will direct the capital towards product development, technology upgrades, and business expansion. GREW Solar...

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CERC clears over 13,000 MW in March adoption orders

The Central Electricity Regulatory Commission issued a batch of tariff adoption orders through March...

Power Sector News Roundup for April 10, 2026

Adani Green, IHC arm form JV for RE projects in India Adani Green Energy Limited (AGEL) has signed a...

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China’s CGN brings Southeast Asia’s largest solar project online in Laos

A 1 GW photovoltaic (PV) project in northern Laos has been connected to the grid, marking the...

JSW Energy exercises option to acquire full stake in JMPCL

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Saatvik Solar secures Rs 108.75 crore module order

Saatvik Solar Industries Private Limited, a subsidiary of Saatvik Green Energy Limited, has received...

Mahindra & Mahindra to take 26% stake in captive solar arm

Mahindra & Mahindra Limited (M&M) has approved the acquisition of a 26% equity stake in Neon...

Adani Green, IHC arm form JV for RE projects in India

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