The Madhya Pradesh Industrial Development Corporation (MPIDC) has invited Expressions of Interest (EoI) for the establishment of a Calibration Wind Tunnel Facility in the Mohasa-Babai Industrial Area of Narmadapuram district. The project aims to...
The Ministry of New and Renewable Energy (MNRE) has issued a clarification on the applicability of the Solar Systems, Devices and Components Goods Order, 2025, dated January 27, 2025. The clarification, released on October 21, 2025, addresses queries...
Uttar Pradesh is set to boost its renewable energy capacity with solar projects worth around Rs 35,000 crore. The state aims to reach 22,000 MW by 2027–28, including seven solar parks totaling 3,700 MW. Leading developers such as NHPC, THDC, and...
Avaada Electro, the solar manufacturing subsidiary of the Brookfield-backed Avaada Group, has filed confidential documents with the Securities and Exchange Board of India (SEBI) to raise between Rs 90–100 billion through an initial public offering...
ACME Solar Holdings Limited has expanded its renewable portfolio with two major milestones, the signing of a 25-year Power Purchase Agreement (PPA) for a firm renewable energy project and the commissioning of the first phase of a 100 MW wind project...
The Ministry of Mines has amended the Mineral (Auction) Rules, 2015 to introduce intermediary timelines between the issuance of the letter of intent (LoI) and the execution of mining leases. The changes are aimed at reducing delays and ensuring...
The past year witnessed several leadership transitions across the power sector, both at the ministerial level and within major companies. New ministers have taken charge at the central and state levels, while several public and private sector...
Adani Power Limited (APL) and Bhutan’s state-owned Druk Green Power Corporation Ltd (DGPC) have formed a joint venture company to develop the 570 MW Wangchhu hydroelectric project in Bhutan. The new entity, Wangchhu Hydroelectric Power Limited...
Vena Energy India operates 957 MW of renewable assets across the country and is building an additional 59 MW of capacity. Its development pipeline includes about 1.25 GW of solar and wind projects, underscoring steady portfolio growth. The company...
Power Grid Corporation of India Limited (POWERGRID) has expanded its interstate transmission portfolio by acquiring two special purpose vehicles (SPVs) through the tariff-based competitive bidding (TBCB) process. POWERGRID acquired Vindhyachal...
The Solar Energy Corporation of India Ltd (SECI) has concluded a tender for 2 GW of solar PV projects paired with a 1 GW/4 GWh energy storage system (ESS), discovering a lowest tariff of Rs 2.86/kWh. Falling battery costs and competitive bidding...
Blueleaf Energy and Jakson Green have achieved financial close for their 840 MWp Bikaner solar projects in Rajasthan, marking the completion of funding for the partners’ 1 GWp Rajasthan Solar Portfolio. The financing was secured with Axis Bank. The...
The Competition Commission of India (CCI) has cleared the proposed acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited under the corporate insolvency resolution process (CIRP) of the Insolvency and Bankruptcy Code, 2016. Vedanta, a...
EIB Global, the development arm of the European Investment Bank (EIB), will invest up to $60 million in the India Energy Transition Fund, a new greenfield infrastructure fund managed by EAAA Alternatives. The fund aims to accelerate private capital...
Saatvik Green Energy Limited and its subsidiary Saatvik Solar Industries Private Limited have received solar photovoltaic (PV) module supply orders worth Rs 6.89 billion from independent power producers and engineering, procurement, and construction...
Inox Wind will set up a wind-blade and tower manufacturing facility in the Kyadigoppa Industrial Area, Kushtagi taluk, Koppal district, Karnataka, with a total investment of Rs 400 crore. The project will be executed in two phases, with Rs 300 crore...
The Defence Research and Development Organisation (DRDO) has signed a Memorandum of Understanding with the Solar Energy Corporation of India (SECI) to jointly develop 300 MW of solar-based renewable energy projects. The projects will be set up across...
SJVN has awarded 1,500 MW/6,000 MWh of assured peak power capacity from its interstate transmission system (ISTS)-connected renewable energy projects with storage. The auction aimed to secure firm renewable power supply during peak hours. Reliance NU...
The Securities and Exchange Board of India (Sebi) has uncovered insider trading worth over Rs 173 crore in shares of the Indian Energy Exchange (IEX) and barred eight people from the market after search operations last month. Sebi found that...
China has lodged a complaint with the World Trade Organisation (WTO), alleging that India’s subsidies for electric vehicles (EVs) and batteries breach global trade rules. India’s Commerce Ministry said it will review the submissions before...