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Waaree Energies forms new subsidiary for IPP project development

Waaree Energies Limited has set up a new wholly owned step-down subsidiary to support its Independent Power Producer strategy. The company confirmed the incorporation of Solaris Horizon Energy Private Limited on 10 December 2025 through Waaree...

ACME Solar appoints new EPC president

ACME Solar Holdings Limited has appointed Mr KR Thiyagarajan as President of its EPC (Engineering, Procurement, and Construction) division and designated him as a Senior Management Personnel. ACME Solar said the Board of Directors approved the...

CTU issues draft rules for ownership changes in grid connected RE and storage projects

The Central Transmission Utility has issued draft guidelines to regulate changes in ownership for power generation and storage projects that have not yet reached commercial operation. POWERGRID, acting as the Central Transmission Utility, released...

Emmvee signs 4.5 GWp TOPCon cell supply deal and advances 6 GW expansion

Emmvee Energy, a subsidiary of Emmvee Photovoltaic Power, has signed a long term agreement to supply 4.5 GWp of tunnel oxide passivated contact solar cells to a domestic buyer. The contract will run from December 2025 to December 2030. The company...

Adani Group plans Rs 12 trillion investment across energy and infrastructure

The Adani Group plans to invest more than USD 75 billion in energy transition projects over the next five years. Gautam Adani announced the plan during the centenary celebrations of the IIT (ISM) Dhanbad. He said the shift to green energy is emerging...

THDCIL begins commercial operations of Unit 3 at Tehri PSP

THDC India Limited has begun commercial operation of the third unit of the Tehri Variable Speed Pumped Storage Plant. The 250 MW unit is part of the 1,000 MW project, which is now the largest variable speed pumped storage plant developed by a central...

Solarworld to build 200 MW/400 MWh storage project for GUVNL

Solarworld Energy Solutions has signed a Battery Energy Storage Purchase Agreement with Gujarat Urja Vikas Nigam Limited for a 200 MW or 400 MWh battery energy storage system in Gujarat. The EPC contract is valued at about Rs 806.4 crore, excluding...

NUPPL commissions 660 MW Unit 2 of Ghatanpur thermal project

In a press release dated December 9, 2025, NLC India Limited announced that Neyveli Uttar Pradesh Power Limited, its joint venture with Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited, has declared commercial operation for Unit 2 of the Ghatanpur...

Tata Power commissions 400 kV Koteshwar Rishikesh transmission line

Tata Power has commissioned the 400 kV Koteshwar Rishikesh transmission line. The company announced the development in a press release dated 09 December 2025. The new line will evacuate up to 1,000 MW of hydropower from the Tehri Koteshwar complex in...

NTPC commissions 6.6 MW wind unit in Bhuj hybrid project

NTPC Green Energy Limited has declared commercial operation for the 6.6 MW wind component of a 100 MW hybrid project in Bhuj, Gujarat. The project is owned by Ayana Renewable Power Four Private Limited, which is part of the NTPC Green Energy Limited...

KPIL secures Rs 2,003 crore in new EPC orders

Kalpataru Projects International Limited has received new contracts worth about Rs 2,003 crore across its domestic and international operations. The company announced the wins in a press release dated 10 December 2025. The orders fall under the...

GIP to invest up to Rs 3,000 crore in Aditya Birla Renewables

Global Infrastructure Partners, part of BlackRock, will invest up to Rs 3,000 crore in Aditya Birla Renewables Limited. The company has said that the investment values the platform at about Rs 14,600 crore. GIP will provide Rs 2,000 crore in stages...

Kundan Green and Havells plan captive solar project in Rajasthan

Kundan Green Energy has entered a partnership with Havells India Limited to set up a captive solar project in Rajasthan through a special purpose vehicle (SPV) called Kundan Solar (Pali) Private Limited. The project involves an investment of Rs 725...

Exicom and EONEX Energy sign MoU to deploy BESS projects

Exicom has signed a memorandum of understanding with EONEX Energy, a DVN Energy Group-backed company, to deploy megawatt-hour-scale lithium-ion battery energy storage systems across Southern India. The partnership focuses on commercial, industrial...

Avaada signs MoU to set up green hydrogen Centre of Excellence in Odisha

Avaada Group has signed a memorandum of understanding with GRIDCO and the Indian Institute of Technology Bhubaneswar to establish a Centre of Excellence in Odisha focused on green hydrogen. The centre will conduct advanced research on storage...

Mufin Green Finance raises Rs 900 million through listed NCD issuance

Mufin Green Finance Limited has raised Rs 900 million through a private placement of secured, rated and listed non convertible debentures. The proceeds will support the company’s rooftop and commercial solar installations, electric mobility...

Power Minister launches CEA’s Stellar tool

The Minister of Power Shri Manohar Lal launched the Strategic Expansion for Long Term Load Adequacy and Resilience tool developed by the Central Electricity Authority. He said that Artificial Intelligence and Machine Learning will be central to...

Transrail Lighting secures Rs 822 crore EPC orders

Transrail Lighting Limited has announced fresh engineering procurement and construction orders worth Rs 822 crore. The wins include a turnkey EPC contract for a 400 kV transmission line in a Gulf Cooperation Council region and additional contracts in...

IFC invests in India’s first integrated battery materials facility

The International Finance Corporation has invested about 50 million dollars in GFCL EV Products Limited, a subsidiary of Gujarat Fluorochemicals Limited. The investment has been made through compulsorily convertible instruments and will support the...

Diamond Power wins cable supply order from AGEL

Diamond Power Infrastructure Limited has received a letter of intent from Adani Green Energy Limited to supply 33 kV, 2,126 km high voltage cables and 3.3 kV, 3,539 km solar medium voltage cables. The order is valued at Rs 7.47 billion and will...

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