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AMPIN secures investment from FMO for renewable project expansion

AMPIN Energy Transition Private Limited has received a 50 million dollar investment from FMO, the Dutch entrepreneurial development bank that invests in more than 85 countries. AMPIN will use the funding to build new greenfield renewable projects in...

Russia begins fuel deliveries for Kudankulam reactors

Russia has started supplying nuclear fuel for the upcoming units of the Kudankulam Nuclear Power Plant. Rosatom said the first cargo flight carrying VVER 1000 fuel assemblies from the Novosibirsk Chemical Concentrates Plant in Siberia has reached...

Reliance Power says operations unaffected after ED attachment reports

Reliance Power Limited has issued a clarification after reports of asset attachment by the Enforcement Directorate. The company said its operations remain unaffected and noted that most of the attached assets, valued at about Rs 101.17 billion...

Waaree Solar Americas wins 288 MW US solar module order

Waaree Energies Limited has reported that its wholly owned subsidiary, Waaree Solar Americas, has received a 288 MW solar module supply order from a major United States-based developer and owner operator of utility-scale solar and energy storage...

NTPC Green and CSPGCL set up 2 GW renewable JV in Chhattisgarh

NTPC Green Energy Limited has created a new joint venture with Chhattisgarh State Power Generation Company Limited to build large renewable energy assets in the state. The entity, named Chhattisgarh NTPC Green Energy Limited, was incorporated on...

Tata Power and UCO Bank partner to expand rooftop solar financing

Tata Power Renewable Energy Limited has signed an MoU with UCO Bank to support the wider adoption of rooftop solar systems in India. The partnership focuses on easier and lower-cost financing aligned with the PM Surya Ghar: Muft Bijli Yojana. Under...

JK Cement raises stake in O2 Renewable Energy V

JK Cement Limited has expanded its investment in O2 Renewable Energy V Private Limited with a further 12.21 per cent equity purchase for about Rs 0.05 billion. The transaction lifts its total shareholding in the O2 Power SPV to 28.97 per cent. The...

TARIL wins Rs 53 crore HVDC transformer order from Power Grid

Transformers and Rectifiers India Limited (TARIL) has disclosed a domestic contract valued at Rs 53.33 crore from Power Grid Corporation of India Limited. The order covers work on a 397 MVA HVDC Converter Transformer. TARIL notified BSE and NSE on 04...

MSEDCL issues guidelines for smart meter installation for HT consumers

Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) has issued guidelines for installing smart meters at specific HT metering points. The directive defines where smart meters are required, lists exemptions, and sets a three day timeline for...

UGVCL issues uniform method for banking charge and setoff calculations

Uttar Gujarat Vij Company Limited (UGVCL) has directed all circle offices to follow a uniform method for calculating banking charges and energy setoff for captive and third-party sale solar projects. The instruction defines a fixed calculation...

Apraava Energy secures Rs 800 crore for AMI expansion

Apraava Energy has raised Rs 800.9 crore from British International Investment (BII) and Standard Chartered to expand its Advanced Metering Infrastructure (AMI) portfolio. The company signed a Rs 400.5 crore agreement with BII and a Rs 400.4 crore...

Insolation Green wins Rs 5.16 billion solar module supply orders

Insolation Green Energy, a wholly owned subsidiary of Insolation Energy, has received two solar PV module supply orders with a combined value of about Rs 5.16 billion. The first is a Rs 3.57 billion purchase order for n-type TOPCon modules from a...

Telangana clears plan to procure 3 GW solar over five years

Telangana has approved the procurement of 3 GW of solar power over the next five years to support renewable energy integration and meet its Renewable Consumption Obligation under the Telangana Clean and Green Energy Policy, 2025. The process will run...

Websol signs MoU with Linton Crystal for PV ingot and wafer plan

Websol Energy System has entered an MoU with Linton Crystal Technologies to assess PV ingot and wafer manufacturing in India. The plan includes the purchase of ingot and wafer production equipment from Linton and the transfer of technical support and...

BNC Power wins NTPC switchyard package for Gadarwara Stage II

BNC Power Projects Limited has received three contracts from NTPC for the switchyard package of the 2×800 MW Gadarwara super thermal power project, stage II in Madhya Pradesh. The combined value is about Rs 4.06 billion. The first order is valued at...

IndiGrid to acquire Gadag Transmission Limited for Rs 372 crore

IndiGrid has signed definitive agreements to acquire Gadag Transmission Limited (GTL), an ISTS project in Karnataka, for an enterprise value of about Rs 372 crore. The deal excludes net working capital and cash adjustments and includes an earn out...

HG Infra subsidiary signs BESPA with GUVNL for 300 MW BESS project

H.G. Choraniya Bess, a subsidiary of HG Infra Engineering, has signed a battery energy storage purchase agreement with Gujarat Urja Vikas Nigam Limited for a 300 MW/600 MWh BESS project. The company secured this capacity in GUVNL’s Phase VI auction...

ADB approves USD 650 million loan for India’s rooftop solar program

ADB has approved a USD 650 million policy-based loan to support India’s plan to expand rooftop solar and deliver clean, affordable electricity to 10 million households by 2027. The funding is part of Subprogram 1 of the Accelerating Affordable and...

IEX records 17.7% rise in November power trade and IGX clears IPO move

Indian Energy Exchange Limited reported a 17.7 per cent year-on-year rise in electricity trading volumes in November 2025, with total transactions reaching 11,409 MU. The company also confirmed that Indian Gas Exchange Limited has secured board...

NHPC synchronises 250 MW Unit 2 of Subansiri Lower HEP with the national grid

NHPC Limited has achieved test synchronisation of the 250 MW Unit 2 of the 2,000 MW Subansiri Lower Hydroelectric Project with the national grid on 2 December 2025. The company expects the commercial operation date for Unit 2 by this month. The...

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IEX Q1 electricity trade rises 16% to 37.5 BU amid higher power demand

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