Adani Power Limited has entered into a 25-year Power Supply Agreement (PSA) with Bihar State Power Generation Company Limited (BSPGCL) for 2,400 megawatts (MW) of electricity from a proposed ultra-supercritical thermal power plant in Bhagalpur...
The Ministry of New and Renewable Energy (MNRE) has released a draft amendment proposing the inclusion of solar wafers under the Approved List of Models and Manufacturers (ALMM). The provision is planned to take effect from June 1, 2028. According to...
India’s non-fossil fuel power generation capacity has reached 250 gigawatts (GW) in 2025, rising from 81 GW in 2014, according to Union Minister for New and Renewable Energy Pralhad Joshi. Joshi stated that India’s installed non-fossil capacity has...
Inox Neo Energies Limited, a wholly owned subsidiary of Inox Clean Energy Limited, has signed definitive agreements with Evergreen Power Mauritius Private Limited and Evergreen Renewables Private Limited to acquire a wind-solar hybrid portfolio of...
The Indian Renewable Energy Development Agency (IREDA) has mobilised Rs 4.53 billion through its second perpetual bond issue at a coupon rate of 7.70 percent per annum. The issue received bids worth Rs 13.43 billion against the base size of Rs 1...
SnapE Cabs has secured $2.5 million in a bridge deck funding round led by Inflection Point Ventures. The company will use the capital for operational expenses, leasing electric vehicles, and product development. The company became EBITDA positive in...
Kalpataru Projects International Limited (KPIL) has won new orders worth Rs 27.2 billion across its power transmission and distribution (T&D) business. The contracts include T&D projects in both domestic and international markets, along with...
Prostarm Info Systems Limited has incorporated a wholly owned subsidiary, Prostarm Karnataka BESS Private Limited, as a special purpose vehicle (SPV) to develop a 150 MW/300 MWh standalone battery energy storage system (BESS) at the 400 kV Doni...
Rajesh Power Services Limited has secured a turnkey contract worth Rs 1.43 billion from Dakshin Gujarat Vij Company Limited (DGVCL) for underground power infrastructure in Gujarat. The project involves converting the existing 11 kV and 22 kV...
The central government is preparing a carbon capture, utilisation, and storage (CCUS) programme estimated at Rs 38,900 crore, with Rs 19,500 crore to be committed from public funds. The balance is expected to be raised through bank loans and...
REC Power Development and Consultancy Limited (RECPDCL) has launched a tariff-based competitive bidding (TBCB) process to select a transmission service provider for evacuating power from the 450 MW Shongtong Karcham hydroelectric project (HEP) and...
The Central Electricity Authority (CEA) has issued a circular detailing the procedure for Special Purpose Vehicles (SPVs) to formally identify generating units designated for captive use. The notification is mandatory for entities seeking captive...
Adani Power Limited has secured a Letter of Award (LoA) from MP Power Management Company Limited (MPPMCL) for the supply of an additional 800 MW of power under the greenshoe option. With this, the total awarded capacity has increased to 1,600 MW. The...
The Ministry of Power has initiated a stakeholder mapping survey to support the development of the India Energy Stack (IES), a digital public infrastructure for the power sector. The IES is designed to create a connected and interoperable energy...
The Central Power Research Institute (CPRI), under the Ministry of Power, has inaugurated a Regional Testing Laboratory in Nashik to strengthen testing and certification infrastructure for the power sector. The Nashik laboratory will provide testing...
Dharan Infra Solar Private Limited, a wholly owned subsidiary of Dharan Infra EPC Limited (formerly KBC Global Limited), has secured work contracts worth about Rs 3262.10 crore from a renewable energy company in India. The contracts cover...
Vikram Solar Limited has reported revenue of Rs 11.33 billion for the first quarter of FY 2025-26, ending June 30, 2025. This reflects a 79.7 per cent increase from Rs 6.30 billion in the same period last year. Earnings before interest, taxes...
ACME Venus Urja Private Limited, a subsidiary of ACME Solar Holdings Limited, has arranged long-term financing of Rs 3,892 crore from State Bank of India for a 400 MW firm and dispatchable renewable energy project in Barmer, Rajasthan. The loan will...
Sterling and Wilson Renewable Energy Limited (SWREL) has received a letter of intent from a private power producer to execute an engineering, procurement and construction package for a 300 MW AC solar project in Rajasthan. The project will have a...
India has revoked transmission access for around 17 gigawatts (GW) of renewable energy projects that have experienced delays, according to Reuters. The decision aims to prioritise grid connections for projects that are operational or close to...