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Jakson Group to invest Rs 1 billion in distributed energy by FY26

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 secures record low tariff for solar-plus-storage project in Morena

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...

IKEA’s Ingka Investments enters India’s renewable energy market

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...

SEBI closes Adani Power probe; Morgan Stanley sees 30 per cent upside

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 incorporates two renewable power subsidiaries

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...

MNRE clarifies operational rules for BioCNG project funding

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...

MNRE updates ALMM list with new solar PV module entries

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...

MNRE extends solar park scheme deadline to March 2029

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 gets SEBI approval for Rs 30 billion IPO

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 commissions 11 solar projects in Yavatmal

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 raises Rs 670 crore through India’s first externally credit-enhanced green bond

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 signs India’s first load-following renewable PPA with SECI

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”...

RP-Sanjiv Goenka Group to set up Rs 3,000 crore solar hub near Noida airport

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 emissions fall 1% in early 2025

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’s 2400 MW Pirpaithi plant faces land and environmental concerns

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...

PM Modi to lay foundation stone for Mahi-Banswara nuclear power plant on September 25

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 Neo Energy to acquire Tidong Power for 150 MW hydro project

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 to demerge Durgapur boiler business to JSW Energy

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 signs MoU with ALT Mobility for 3,000 EVs

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...

Maharashtra approves Mahagenco-SJVN JV for 5,000 MW renewable projects

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...

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Sugs Lloyd, Oswal Pumps win Bihar rooftop solar orders worth Rs 804 crore

Sugs Lloyd Limited and Oswal Pumps Limited have announced receipt of Letters of Award (LOAs) from...

Maharashtra expands green data center park policy statewide

The Maharashtra government has amended its Integrated Green Data Center Parks policy, expanding the...

KERC proposes unified GNA framework for Karnataka power network

The Karnataka Electricity Regulatory Commission (KERC) has issued draft regulations proposing a...

CEA to mandate grid-forming inverters for new BESS projects

The Central Electricity Authority (CEA) has decided to mandate Grid Forming Inverters (GFM) for all...

NLC India commissions final 660 MW unit of Ghatampur thermal project

NLC India Limited has declared commercial operation declaration (COD) for Unit-3 of the Ghatampur...

JSW Energy to acquire 300 MW thermal plant in Chhattisgarh

JSW Energy Limited has signed a definitive agreement with Kolahai Infotech Private Limited and SFI...

HG Infra beats Adani Energy, Power Grid to win Jharkhand transmission project

H.G. Infra Engineering Limited (HGFINRA) has received a letter of intent (LOI) from REC Power...

Centre approves Rs 531 crore CFA for Rajasthan PM-KUSUM projects

The central government has approved Rs 531 crore in Central Financial Assistance (CFA) for 553 solar...

Kandla green hydrogen transmission project stalls after Reliance withdraws bid

India’s planned transmission system for Green Hydrogen and Green Ammonia manufacturing in Gujarat’s...

Maharashtra clears Rs 11,700 crore in transmission projects across Mumbai, Pune and Gadchiroli

The Maharashtra Transmission Committee (MTC) has approved a series of transmission projects worth...