Alpex Solar Limited has raised about Rs 2.6 billion through a preferential issue of 21,46,600 equity shares and warrants. The company said the funds will be directed toward scaling up its module manufacturing capacity and progressing toward...
KPI Green Energy Limited has received a sanction of Rs 3,200 crore from the State Bank of India to support its solar and hybrid power projects in Gujarat with a combined capacity of over 1 GWp. The sanctioned amount includes both fund-based and...
Venwind Refex Power Limited, part of the Refex Group, has received a contract to deliver wind turbine generators and tubular towers for power projects in Gujarat. The total order is worth Rs 4.74 billion. It was awarded by an independent power...
NTPC Limited and NTPC Green Energy Limited have declared new solar capacities operational in Rajasthan and Gujarat, respectively. NTPC has commissioned 167 megawatts (MW) out of 245 MW at Plot-1 of its Nokh Solar PV Project (3×245 MW) in...
REC Limited and Power Finance Corporation Limited (PFC) have incorporated wholly-owned subsidiaries to develop transmission infrastructure for additional renewable energy (RE) capacity in Karnataka. Both companies will serve as Bid Process...
Waaree Forever Energies Private Limited, a wholly-owned unit of Waaree Energies Limited, has incorporated Waaree Forever Energies Three Private Limited. The incorporation took place on September 24, 2025, and the certificate of incorporation was...
Continuum Green Energy Holdings will acquire the remaining 26% stake in Continuum Green Energy from Clean Energy Investing (CEIL), giving it full ownership ahead of a planned initial public offering (IPO). The share purchase agreement was signed on...
CESC Limited will raise Rs 300 crore through 30,000 non-convertible debentures (NCDs) via private placement. Each debenture has a face value of Rs 1 lakh, is senior, secured, rated, unlisted, and carries a three-year tenure. The NCDs will offer a...
Bharat Heavy Electricals Limited (BHEL) has informed that the Department of Investment and Public Asset Management (DIPAM) did not approve the proposed joint venture (JV) with REC Power Development and Consultancy Limited (RECPDCL). The board...
Oil and Natural Gas Corporation (ONGC) plans to expand its renewable energy portfolio to 2.5–3 gigawatts (GW) by 2030, Executive Director Satyan Kumar said on September 24, 2025. The company currently holds about 2.5 GW of renewable capacity. Kumar...
Maharashtra State Electricity Distribution Company Limited (MSEDCL) has introduced an online platform to approve requests for raising electricity load up to 157 kilowatts (kW) for industrial, commercial, domestic, and other low-voltage consumers. The...
NTPC Limited is preparing to acquire nuclear reactors in large numbers as part of India’s strategy to install 100 gigawatts (GW) of nuclear power capacity by 2047. The state-run utility expects to account for nearly one-third of this planned...
The Ministry of New and Renewable Energy (MNRE) has released an updated assessment of India’s ground-mounted solar photovoltaic (PV) capacity and launched a new training initiative on solar manufacturing. Union Minister for New and Renewable Energy...
PFC Consulting Limited (PFCCL) has launched the bid process to select a Transmission Service Provider (TSP) for the “Network Expansion Scheme for drawal of power at South Kalamb S/s: Part A” in Maharashtra. PFCCL was appointed as the Bid Process...
Solarworld Energy Solutions Limited launched its initial public offering (IPO) of equity shares on September 23, 2025. The issue totals up to Rs 4.9 billion, including a fresh issue of Rs 4.4 billion and an offer for sale of Rs 0.5 billion by...
Hero Future Energies Private Limited (HFE), via its special purpose vehicle Clean Solar Power Barmer Private Limited, has obtained Rs 10.24 billion in financing from the State Bank of India. The funds are allocated for a 60 MW hybrid peak power...
Empowertrans has commissioned Odisha’s first digital process bus-based 2×20 MVA, 132/33 KV grid substation at Agalpur, Rampur in Balangir district. The project was developed for Odisha Power Transmission Corporation Ltd. (OPTCL). According to...
The Expert Appraisal Committee (EAC) under the Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended Environmental Clearance (EC) for the 2,220 MW Oju hydroelectric project in Arunachal Pradesh’s Subansiri valley. Planned in...
Torrent Power Limited has completed the acquisition of two companies owning land earmarked for a thermal power project in Madhya Pradesh. The company purchased 100 per cent of Newzone Power Projects Private Limited (NZPPPL) and 49 per cent of Newzone...
Power Grid Corporation of India Limited (POWERGRID) has completed the acquisition of Davanagere Power Transmission Limited (DPTL). POWERGRID was declared the successful bidder for the “Transmission system strengthening at Davanagere for...