Jakson Group will invest Rs 1 billion in its distributed energy business by 2025-26 to expand capacity and meet rising demand for backup and sustainable power. The company, which earns most of its revenue from diesel generators, is diversifying into...
Madhya Pradesh has awarded India’s lowest tariff for a solar-plus-storage project. The Morena Solar Park secured a rate of Rs 2.70 per unit in the e-reverse auction on 19 September 2025. The project is India’s first firm and dispatchable renewable...
Ingka Investments, the €50 billion family office of IKEA, has acquired 241 MW of solar and wind assets in Rajasthan from ib vogt, a Germany-based company. The deal, valued between Rs 1,200–1,400 crore, marks Ingka’s first investment in India’s...
The Securities and Exchange Board of India (SEBI) has closed its inquiry into Adani Power Limited and other Adani Group firms without penalty, concluding that allegations of irregular loan transactions were not established. The case originated from...
Adani Green Energy Limited has informed stock exchanges that its subsidiary has created two wholly-owned companies focused on renewable power generation. Adani Renewable Energy Holding Eleven Limited, a subsidiary of Adani Green Energy, incorporated...
The Ministry of New and Renewable Energy (MNRE) has released a memorandum detailing performance requirements that BioCNG projects must meet to qualify for Central Financial Assistance (CFA). The directive sets out minimum generation thresholds for...
The Ministry of New and Renewable Energy (MNRE) has issued an updated Approved List of Models and Manufacturers (ALMM) for solar photovoltaic (PV) modules on 19 September 2025, adding new modules and correcting earlier records. The update includes...
The Ministry of New and Renewable Energy (MNRE) has extended the Solar Park Scheme’s timeline by three years, keeping it active until March 31, 2029. The extension covers the completion of ongoing solar parks and settlement of committed liabilities...
Emmvee Photovoltaic Power Limited has received clearance from the Securities and Exchange Board of India (SEBI) to proceed with its initial public offering (IPO). The company filed preliminary documents with SEBI in July 2025, seeking to raise Rs 30...
Avaada Group has commissioned 11 solar power projects in Maharashtra’s Yavatmal district under the Mukhyamantri Saur Krushi Vahini Yojana (MSKVY) 2.0. The projects include a 4 MW plant at Kinhi, 3 MW each at Baldi and Dongarkharda, 2 MW each at...
KPI Green Energy Limited has issued India’s first externally credit-enhanced green bond on the National Stock Exchange, raising Rs 6.70 billion. The five-year bond carries an annual coupon of 8.5 per cent and has been rated AA+ by both CRISIL and...
Serentica Renewables has entered into a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) for 100 megawatts (MW) of round-the-clock renewable supply. The company stated that this is the country’s first “load-following”...
The Yamuna Expressway Industrial Development Authority (Yeida) has announced that the RP-Sanjiv Goenka Group will develop a renewable energy project in Sector 8B near Noida International Airport, with a planned investment of Rs 3,000 crore. The...
India’s power sector carbon dioxide emissions fell 1 per cent year-on-year in the first half of 2025, only the second decline in nearly 50 years, according to the Centre for Research on Energy and Clean Air (CREA). The fall was driven by record clean...
Adani Power Limited plans to set up a 2400 MW ultra-supercritical thermal power plant at Pirpaithi in Bhagalpur district, Bihar. The project is being developed on 1,050 acres allotted to the company and will be executed in three phases of 800 MW...
Prime Minister Narendra Modi will lay the foundation stone for the Mahi-Banswara Nuclear Power Plant in Rajasthan on September 25. He will also inaugurate and dedicate projects worth over Rs 1.21 lakh crore, including clean energy initiatives. The...
JSW Energy Limited has announced that its subsidiary, JSW Neo Energy Limited, has signed a definitive agreement to acquire Tidong Power Generation Private Limited, which is developing a 150 megawatt (MW) run-of-river hydro project in Himachal...
GE Power India Limited (GEPIL) has approved a scheme of arrangement to demerge its Durgapur-based power boiler components and coal mill manufacturing business into JSW Energy Limited. The board cleared the proposal on 18 September 2025, along with a...
TVS Motor Company has signed a Memorandum of Understanding (MoU) with ALT Mobility to lease and deploy up to 3,000 electric three-wheelers, both passenger and cargo, in the financial year 2025-26. Under the agreement, TVS Motor will supply the...
The Maharashtra cabinet has cleared the creation of a joint venture (JV) between Maharashtra State Power Generation Company Limited (Mahagenco) and SJVN Limited to develop 5,000 megawatts (MW) of renewable energy capacity. Under the agreement, SJVN...