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CERC’s proposed deviation rules may impact renewable project profitability

The Central Electricity Regulatory Commission (CERC) released the draft in September 2025, proposing tighter controls under the Deviation Settlement Mechanism for wind and solar producers. The framework aims to narrow the gap between scheduled and...

Senvion India signs MoU with Integrum Energy for 210 MW wind turbine supply

Senvion India has signed a Memorandum of Understanding (MoU) with Integrum Energy for the supply and commissioning of up to 50 units of its 4.2M160 wind turbine model, representing a total potential capacity of 210 MW. The projects will be spread...

Fourth Partner Energy secures Rs 7.8 billion refinancing from NIIF-IFL

Fourth Partner Energy has raised Rs 7.80 billion in refinancing from NIIF Infrastructure Finance Limited (NIIF-IFL) for a major part of its rooftop solar portfolio. The transaction consolidates multiple project sites, off-takers, and regulatory...

RSWM partners with Adani Energy for 60 MW renewable power supply

RSWM Ltd, a leading textile manufacturer and flagship company of the LNJ Bhilwara Group, has signed an agreement with Adani Energy Solutions Ltd (AESL) for the supply of 60 MW of renewable energy. The partnership marks a major step in RSWM’s plan to...

INOX India, Suzlon Energy, and ACME Solar report Q2 FY26 results

INOX India Ltd, Suzlon Energy, and ACME Solar Holdings have reported solid financial results for the second quarter of FY26. INOX India Ltd recorded a 16% year-on-year increase in revenue to Rs 371 crore in Q2 FY26. EBITDA rose 18% to Rs 92 crore...

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...

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Sugs Lloyd, Oswal Pumps win Bihar rooftop solar orders worth Rs 804 crore

Sugs Lloyd Limited and Oswal Pumps Limited have announced receipt of Letters of Award (LOAs) from...

Maharashtra expands green data center park policy statewide

The Maharashtra government has amended its Integrated Green Data Center Parks policy, expanding the...

KERC proposes unified GNA framework for Karnataka power network

The Karnataka Electricity Regulatory Commission (KERC) has issued draft regulations proposing a...

CEA to mandate grid-forming inverters for new BESS projects

The Central Electricity Authority (CEA) has decided to mandate Grid Forming Inverters (GFM) for all...

NLC India commissions final 660 MW unit of Ghatampur thermal project

NLC India Limited has declared commercial operation declaration (COD) for Unit-3 of the Ghatampur...

JSW Energy to acquire 300 MW thermal plant in Chhattisgarh

JSW Energy Limited has signed a definitive agreement with Kolahai Infotech Private Limited and SFI...

HG Infra beats Adani Energy, Power Grid to win Jharkhand transmission project

H.G. Infra Engineering Limited (HGFINRA) has received a letter of intent (LOI) from REC Power...

Centre approves Rs 531 crore CFA for Rajasthan PM-KUSUM projects

The central government has approved Rs 531 crore in Central Financial Assistance (CFA) for 553 solar...

Kandla green hydrogen transmission project stalls after Reliance withdraws bid

India’s planned transmission system for Green Hydrogen and Green Ammonia manufacturing in Gujarat’s...

Maharashtra clears Rs 11,700 crore in transmission projects across Mumbai, Pune and Gadchiroli

The Maharashtra Transmission Committee (MTC) has approved a series of transmission projects worth...