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IFC backs IndiGrid’s 180 MW battery storage project in Gujarat

The International Finance Corporation (IFC) and India Grid Trust (IndiGrid) have partnered to develop a 180 MW/360 MWh standalone battery energy storage system (BESS) project in Gujarat. IFC has committed $55 million (Rs 4.6 billion approx.) in...

IREDA sanctions Rs 117.40 billion in Q1

The Indian Renewable Energy Development Agency (IREDA) has sanctioned Rs 117.40 billion in loans during the first quarter of FY26, marking a 29 per cent increase from Rs 91.36 billion in the same period last year. Loan disbursements also rose by 31...

TPREL adds 752 MW in Q1, eyes 7.3 GW by FY26-end

Tata Power Renewable Energy Limited (TPREL) commissioned 752 MW of solar capacity in the first quarter of 2025-26, more than doubling its Q1 addition from last year. This marks a 112 per cent increase from the 354 MW commissioned in Q1 2024-25. With...

CCI clears BII’s investment in ReNew’s solar manufacturing arm

The Competition Commission of India (CCI) has approved British International Investment’s (BII) proposed investment in ReNew Photovoltaics Private Limited. BII will invest through a securities subscription arrangement in ReNew’s solar manufacturing...

Coal India signs MoU with Hindustan Copper to explore critical minerals

Coal India Limited (CIL) has signed a non-binding memorandum of understanding with Hindustan Copper Limited (HCL) to explore joint opportunities in copper and critical minerals. The move marks CIL’s growing push beyond coal, aligning with India’s...

Coal Ministry launches digital exploration module and RECLAIM framework

The Ministry of Coal (MoC) has officially launched a new exploration module on the Single Window Clearance System (SWCS) portal. The module, developed in partnership with the Central Mine Planning and Design Institute Limited (CMPDIL), went live on...

JSW Energy signs BESPA for 500 MWh BESS project in Rajasthan

JSW Energy Limited has announced that its step-down subsidiary, JSW Renew Energy Thirty Seven Limited, has signed a battery energy storage purchase agreement (BESPA) with Rajasthan Rajya Vidyut Utpadan Nigam Limited.  The agreement covers the...

Seven firms win BSPGCL’s 125 MW/500 MWh BESS auction

Bihar State Power Generation Company Limited (BSPGCL) has announced the results of its tender for 125 MW/500 MWh standalone battery energy storage systems (BESS). The auction awarded the full capacity at a uniform tariff of Rs 444,000 per MW per...

ADB and GCF launch India Green Finance Facility

The Asian Development Bank (ADB), in partnership with the Green Climate Fund (GCF), has launched the India Green Finance Facility (IGFF) with $200 million in concessional funding approved by GCF. This is ADB’s first GCF-backed programme in India. The...

BAJEL Projects wins 99 km transmission line contract in Rajasthan

BAJEL Projects Limited, formerly Bajaj Electricals Limited, has secured the contract for Transmission Line Package TL04. The package involves the construction of the 400 kV double circuit (quad) Siwani–Jind (PG) transmission line spanning 99 km. The...

APDCL transfers land to NARL for 500 MW solar project in Assam

Assam Power Distribution Company Limited (APDCL) has signed a deed of agreement with NIRL Assam Renewables Limited (NARL) for the transfer of land to develop a 500 MW solar power project in Lahorijan, Assam. The agreement was signed on June 27, 2025...

KPI Green sets up new SPV for renewable energy projects

KPI Green Energy Limited has incorporated a new special purpose vehicle (SPV), KPIN Clean Power Two LLP, on June 28, 2025. The SPV has been formed to implement renewable energy (RE) projects across India. The new entity will be involved in...

Kerala to get its first group captive solar project

INKEL Limited plans to develop renewable energy (RE) projects worth Rs 2 billion in Malappuram, Kerala. The initiative is part of a broader Rs 11.35 billion investment commitment aimed at accelerating infrastructure and clean energy growth in the...

Adani Green commissions over 1.2 GW hybrid capacity across Gujarat and Rajasthan

Adani Green Energy Limited (AGEL), through its special purpose vehicles (SPVs), has commenced commercial operations on a total of 1,237.1 MW of hybrid and solar power capacity across Gujarat and Rajasthan. In Gujarat, AGEL has operationalised 882.1...

Waaree secures LoA for 21 MW solar projects in Maharashtra

Waaree Renewable Energy Technologies Limited has received a Letter of Award (LoA) worth Rs 261.7 million. The company will develop a cumulative 21 MW/29.4 MWp decentralised solar power capacity in Maharashtra. The award was granted on July 2, 2025...

HPPPL to set up 100 MW solar and 200 MWh storage project for SJVN

Hindustan Powerprojects Private Limited (HPPPL) has received a Letter of Award (LoA) from SJVN Limited to develop a 100 MW solar project along with a 50 MW/200 MWh battery energy storage system (BESS). The project can be located anywhere in India. It...

Rayzon Solar and Ganesh Green Bharat win solar projects

Rayzon Solar Private Limited has secured an engineering, procurement, and construction (EPC) contract for a 63 MW solar power project in Maharashtra. The project will add to the state’s renewable energy capacity and is expected to support local job...

Adani Power in race for 2,400 MW Pirpainti project in Bihar

Adani Power Limited (APL) is among four firms competing for the 2,400 MW Pirpainti Thermal Power Project in Bhagalpur district, Bihar. The other companies that have expressed interest are JSW Energy Limited (JSWEL), Torrent Power Limited, and...

MCX to launch monthly electricity futures from July 10

The Multi Commodity Exchange of India (MCX) will introduce monthly electricity futures contracts starting July 10, 2025. These contracts are designed to help market participants manage electricity price risks with better precision. The new instrument...

Bangladesh pays $437 million to Adani Power

Bangladesh paid USD 437 million to Adani Power Limited in June 2025, clearing all outstanding dues associated with the 1,600 MW Godda plant in Jharkhand. This ends months of delayed payments and supply uncertainty. The settlement includes carrying...

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CERC clears over 13,000 MW in March adoption orders

The Central Electricity Regulatory Commission issued a batch of tariff adoption orders through March...

Power Sector News Roundup for April 10, 2026

Adani Green, IHC arm form JV for RE projects in India Adani Green Energy Limited (AGEL) has signed a...

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Pace Digitek Limited has announced a milestone in its energy storage business, with its subsidiary...

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China’s CGN brings Southeast Asia’s largest solar project online in Laos

A 1 GW photovoltaic (PV) project in northern Laos has been connected to the grid, marking the...

JSW Energy exercises option to acquire full stake in JMPCL

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Saatvik Solar secures Rs 108.75 crore module order

Saatvik Solar Industries Private Limited, a subsidiary of Saatvik Green Energy Limited, has received...

Mahindra & Mahindra to take 26% stake in captive solar arm

Mahindra & Mahindra Limited (M&M) has approved the acquisition of a 26% equity stake in Neon...

Adani Green, IHC arm form JV for RE projects in India

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