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India opens EV manufacturing scheme portal to attract global players

The Ministry of Heavy Industries (MHI) has launched the application portal under the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI).  The scheme is aimed at attracting global electric vehicle (EV) manufacturers while...

Maharashtra to cut electricity tariffs by 26% over five years: CM Fadnavis

Maharashtra Chief Minister Devendra Fadnavis has announced a phased reduction in electricity tariffs, calling it the first such move in the state’s history. Starting this year, electricity rates will be reduced by 10%, with further cuts planned over...

L&T raises Rs 5 billion via India’s first ESG bonds, wins USD 50 million contract

Larsen & Toubro (L&T) has raised Rs 5 billion through India’s first environmental, social, and governance (ESG) bonds. The funds were mobilised via non-convertible debentures (NCDs) at a 6.35% coupon rate with a three-year maturity. The bonds...

Adani to invest up to USD 20 billion yearly for 100 GW by 2030

Adani Group has announced plans to invest between USD 15–20 billion annually over the next five years to expand its total power generation capacity to 100 GW by 2030. The company is pursuing a diversified mix of thermal, renewable, and pumped hydro...

SECI and MAHAPREIT sign MoU to develop RE projects for C&I consumers

The Solar Energy Corporation of India (SECI) and Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) have signed a Memorandum of Understanding (MoU) to collaborate on renewable energy (RE) power projects across India...

MoEFCC proposes GEI targets for carbon market compliance

The Ministry of Environment, Forest and Climate Change (MoEFCC) has released a draft notification on 23 June 2025, setting greenhouse gas emission intensity (GEI) targets for 118 industrial units. These targets are part of the compliance mechanism...

HPSEB and HPPTCL to add 15 substations to Himachal’s grid

The Himachal Pradesh State Electricity Board (HPSEB) and Himachal Pradesh Power Transmission Corporation Limited (HPPTCL) are set to expand the state’s transmission network with 15 new substations. This includes five 66 kV substations and ten...

Assam clears projects for thermal, hydro and green sectors

The Government of Assam is pushing ahead with a large-scale infrastructure push across thermal, hydro, and green sectors. The Cabinet has cleared the 3,400 MW Dhubri Thermal Power Project and the 900 MW West Karbi Anglong Pumped Storage Project. A...

Power Ministry guidelines for designating a company as REIA

The Ministry of Power has released new guidelines to designate Renewable Energy Implementing Agencies (REIAs). These agencies will handle power procurement from solar, wind, hybrid, and energy storage projects. To qualify as a REIA, a company must be...

Power Ministry amends bidding rules for renewable energy procurement

On June 25, 2025, the Ministry of Power issued amendments to the guidelines for Tariff Based Competitive Bidding (TBCB) for procuring power from grid-connected renewable energy projects. The revised norms apply to solar, wind, wind-solar hybrid, and...

Centre pushes eastern states to plan one nuclear plant per state

At the Regional Conference for the Eastern Region States/ UTs in Patna on 24 June, Union Power Minister Manohar Lal urged eastern states to tie up generation capacity, push renewable energy with storage, and plan for at least one nuclear plant per...

Blupine secures Rs 24.16 bn loan for FDRE project in Karnataka

Blupine Energy Private Limited has achieved financial closure for its 150 MW firm and dispatchable renewable energy (FDRE) project in Aland, Karnataka. The company has secured debt funding worth Rs 24.16 billion from Standard Chartered Bank. Standard...

ACME commissions solar and wind projects in Rajasthan and Gujarat

ACME Solar Holdings Private Limited has fully commissioned two renewable energy projects in Rajasthan and Gujarat through its subsidiaries. On June 24, 2025, ACME Sikar Solar Private Limited commissioned 60 MW of solar capacity in Bikaner, Rajasthan...

ACME signs PPA with NHPC for 250 MW FDRE project in Rajasthan

ACME Solar Holdings Private Limited has signed a 25-year power purchase agreement (PPA) with NHPC Limited for a 250 MW firm and dispatchable renewable energy (FDRE) project in Rajasthan. The agreement was signed on June 20, 2025. The agreement has...

MAHAPREIT, SEforALL sign MoU for energy efficiency

MAHAPREIT and Sustainable Energy for All (SEforALL) have signed a memorandum of understanding to enhance energy efficiency across Maharashtra. The partnership aligns with the state’s Vision 2030 goals, which include doubling energy efficiency by the...

Gentari commissions 150 MWp open access solar plant in Maharashtra

Gentari has commissioned a 150 MWp open access solar power project at Dahegaon village in Yavatmal district, Maharashtra. The plant is connected to the state transmission utility and ranks among the largest open access solar installations serving...

Quality Power to set up world’s largest coil factory for HVDC systems in Maharashtra

Quality Power Electrical Equipments Ltd has announced the launch of its Global Coil Factory at Kupwad MIDC in Sangli, Maharashtra. The facility is set to become one of the world’s largest production plants for air-core and oilfilled reactors...

NLC, Bondada, and Oriana secure 1 GWh BESS projects

Tamil Nadu Green Energy Corporation Ltd (TNGECL) has awarded 1 GWh of battery energy storage system (BESS) capacity under a competitive tender floated in March 2025.  NLC India Renewables Ltd (NIRL), a wholly owned subsidiary of NLC India Ltd...

MNRE releases draft guidelines for SPV inverter testing

The Ministry of New and Renewable Energy (MNRE) has released draft guidelines for series approval of solar photovoltaic (SPV) inverters. These are meant for testing in designated labs under the “Solar Systems, Devices and Components Goods Order...

Gentari plans to sell up to 50% stake in India renewables unit

Gentari is planning to divest up to 50 per cent stake in its India operations. The move could become one of the largest green energy transactions in the country. The company has appointed Standard Chartered Bank as the transaction advisor. Gentari’s...

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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

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Saatvik Solar secures Rs 108.75 crore module order

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

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

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