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 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...
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 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, 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...
MEIL Energy Private Limited, a subsidiary of Megha Engineering & Infrastructures Limited (MEIL), has completed the acquisition of a 250 MW lignite-fired power plant in Neyveli, Tamil Nadu. With this addition, MEIL’s total power generation...
Alpex Solar Limited has approved the expansion of its proposed solar cell manufacturing facility in Kosi Kotwan, Uttar Pradesh, from 1.6 GW to 2.2 GW. The company will also adopt advanced G12R tunnel oxide passivated contact (TOPCon) technology as...
The Asian Development Bank (ADB) has approved a USD 460 million results-based loan to upgrade Maharashtra’s rural power infrastructure and promote distributed renewable energy. The initiative aims to provide farmers with reliable daytime solar...
NTPC Limited reported a slight increase in its consolidated net profit for the second quarter of FY25, even as its revenue declined year-on-year. The company’s net profit stood at Rs 4,653 crore in Q2 FY25, up 0.11% from Rs 4,648 crore in the same...
British International Investment (BII) is deepening its presence in India’s renewable energy sector through a series of strategic investments spanning generation, transmission, and manufacturing. In its latest move, BII has committed a USD 75 million...
Goldi Solar has raised Rs 14.22 billion in fresh funding to expand its solar manufacturing footprint. The round was led by Havells India Limited, with participation from a group of institutional and strategic investors. The consortium includes Ambit...
Adani Solar Energy Jodhpur Six Limited and Adani Renewable Energy Forty One Limited, both wholly owned stepdown subsidiaries of Adani Green Energy Limited (AGEL), have signed Power Consumption Agreements and Tripartite Agreements to supply 60 MW of...
Coal India Limited (CIL) reported a net profit of Rs 42.63 billion for the second quarter of FY26, a decline of 32.08 per cent from Rs 62.75 billion in the same period last year. Total income fell 1.10 per cent to Rs 323.27 billion from Rs 326.87...
Larsen & Toubro (L&T) has secured a major role in TenneT’s High Voltage Direct Current (HVDC) offshore wind program. TenneT, the Dutch-German transmission system operator, nominated L&T in collaboration with Hitachi Energy to deliver...
India and Nepal have signed key agreements to develop high-capacity cross-border transmission corridors, strengthening electricity trade and regional energy cooperation. Power Grid Corporation of India Limited (POWERGRID) and the Nepal Electricity...
India’s renewable energy companies reported solid financial performance for FY 2025-26, driven by higher earnings and improved margins. NTPC Green Energy reported a net profit of Rs 88 crore, up from Rs 38 crore the previous year. Revenue grew 21.5%...
President Droupadi Murmu inaugurated the 8th session of the International Solar Alliance (ISA) Assembly in New Delhi on October 28, 2025, urging member nations to build a solar-powered world that leaves no woman, farmer, village, or small island...
Rashmi Group will invest Rs 100 billion to set up a 2.8 million tonne per annum integrated steel plant and a 400 MW captive power plant in Purulia, West Bengal. The state government has allotted 938 acres of land for the project. The development is...
The Ministry of Coal is set to launch the 14th round of commercial coal mine auctions, opening a new phase in India’s coal sector liberalisation. The round will offer a mix of fully and partially explored blocks under revised terms designed to...
Hartek Power has commissioned a 300 MWAC (435 MWp DC) ground-mounted solar photovoltaic project in Rajasthan. The project, valued at Rs 4.74 billion, was awarded by a global renewable energy independent power producer. Spread across 1,209 acres, the...