Indian Energy Exchange (IEX), Adani Energy Solutions Ltd (AESL), and REC Ltd have reported improved financial performance for the first quarter (Q1) of financial year 2025–26. IEX posted a net profit of Rs 120 crore, up from Rs 96 crore in Q1FY25...
Tamil Nadu Power Generation Corporation Ltd (TNPGCL) will install a 200 MW Battery Energy Storage System (BESS) at the North Chennai Thermal Power Station on a pilot basis. This is the first such use of battery storage with a coal-based plant in the...
Power Finance Corporation Ltd (PFC) has transferred ownership of two wholly owned subsidiaries, Raghanesda RE Transmission Ltd and NER Expansion Transmission Ltd, to private entities through tariff-based competitive bidding, according to a regulatory...
Power Grid Corporation of India Ltd (PGCIL) has announced the commissioning of the “Inter-regional ER-WR Interconnection” project through its wholly owned subsidiary, POWERGRID ERWR Power Transmission Limited. The project was awarded under Tariff...
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has signed a Memorandum of Understanding (MoU) with Bihar State Power Generation Company Limited (BSPGCL) for the development of battery energy storage and renewable energy projects in...
Industrial representatives from Gurugram and Faridabad, affiliated with the PHD Chamber of Commerce and Industry (PHDCCI), have urged the Haryana Electricity Regulatory Commission (HERC) to align the state’s industrial power tariffs with those...
Tata Power Renewable Energy Ltd (TPREL), a subsidiary of Tata Power, has completed a 431 megawatt peak (MWp) direct current solar power project in Neemuch, Madhya Pradesh. Built over 2,000 acres, the project uses 765,408 bifacial glass-to-glass...
In Arunachal Pradesh, 98 households in Riew village (62% of the population), following over 300 in Riga, have now given their consent for preparing the pre-feasibility report for the 11,000 MW Siang Upper Multipurpose Project (SUMP). The shift in...
The Free Trade Agreement (FTA) signed between India and the United Kingdom on July 24 will allow Indian renewable energy manufacturers to export products such as solar modules and wind turbines to the UK at zero tariffs. The move is expected to...
Torrent Power Ltd. is in discussions to acquire the thermal power business of Larsen & Toubro Ltd. (L&T) in a deal estimated at around $1 billion, including debt. Both companies are working with financial advisers as part of the ongoing...
JSW Energy’s unit, JSW Neo Energy, has signed a 25-year power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) to supply 230 megawatts (MW) of firm and dispatchable renewable energy (FDRE) from interstate transmission system...
India’s first tender for small nuclear reactors aimed at high-emission industries has drawn interest from major private companies. The project could lead to investments worth up to Rs 50,000 crore. Nuclear Power Corporation of India Ltd (NPCIL)...
The Supreme Court has upheld a Delhi High Court ruling that exempts key regulatory fees charged by electricity commissions from Goods and Services Tax (GST). These include fees for granting distribution licences, regulating electricity supply, and...
Vena Energy has signed a power purchase agreement (PPA) with the Solar Energy Corporation of India Limited (SECI) for a 100 MW renewable energy project under the firm and despatchable renewable energy (FDRE) scheme. This is India’s first PPA...
Inox Wind Limited has received a 51 MW wind turbine order from First Energy Private Limited (FEPL) for a wind power project in Tamil Nadu. This is FEPL’s first order with Inox Wind. The order includes the supply of Inox Wind’s 3 MW class wind turbine...
BNC Power Projects Limited has secured a Rs 4.29 billion engineering, procurement and construction (EPC) contract from Rajasthan Solarpark Development Company Limited. The contract is for infrastructure development at the upcoming 2,450 MW solar park...
YamnaCo Limited has signed a memorandum of understanding with the New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) to explore a green hydrogen and ammonia project near Krishnapatnam port. The proposed project will be...
Navitas Solar has received an investment of Rs 404.8 million from Parishi Capital to expand its solar module manufacturing facility in Ahmedabad, Gujarat. The funding was completed in two tranches, with the first round raised in 2023. The investment...
Juniper Green Energy Limited has commissioned the remaining 43 megawatt peak (MWp) of solar capacity at its hybrid project site in Karanja, Maharashtra. With this, the company has completed the 103 MWp solar component of its 129 MWp hybrid power...
Exide Industries has approved an additional equity investment of Rs 1 billion in Exide Energy Solutions Limited (EESL). This brings its total investment in the wholly owned subsidiary to Rs 37.0223 billion. The new capital will fund the development...
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The Central Electricity Regulatory Commission issued a batch of tariff adoption orders through March...
Adani Green, IHC arm form JV for RE projects in India Adani Green Energy Limited (AGEL) has signed a...
Pace Digitek Limited has announced a milestone in its energy storage business, with its subsidiary...
Vihaan Clean & Green Tech Private Limited has launched a biomass-based boiler plant in Gujarat...
Neuron Energy has commissioned a containerised battery energy storage system (BESS) manufacturing...
A 1 GW photovoltaic (PV) project in northern Laos has been connected to the grid, marking the...
JSW Energy Limited has exercised its call option to acquire the remaining 26% equity stake in JSW...
Saatvik Solar Industries Private Limited, a subsidiary of Saatvik Green Energy Limited, has received...
Mahindra & Mahindra Limited (M&M) has approved the acquisition of a 26% equity stake in Neon...
Adani Green Energy Limited (AGEL) has signed a Joint Venture Agreement (JVA) with Minerva Holding...