SEPC Power Private Limited has received a Letter of Award (LoA) worth Rs 6,500 million from Parmeshi Urja Limited on June 10, 2025. The contract is for setting up a cumulative 133 MW decentralised solar power capacity in Maharashtra. Parmeshi Urja is...
Waaree Energies has signed a Power Purchase Agreement (PPA) with Rewa Ultra Mega Solar Ltd (RUMSL) and M.P. Power Management Co. Ltd (MPPMCL) for the supply of 150 MW solar power to MPPMCL. The PPA follows a Letter of Award (LoA) received by Waaree...
The National Company Law Tribunal (NCLT), Chandigarh Bench, has approved the merger of Inox Wind Energy Limited (IWEL) with Inox Wind Limited (IWL), as per its order dated June 10, 2025. The merger will simplify the business structure of the INOXGFL...
Power Finance Corporation Limited (PFC) has withdrawn its proposed zero-coupon bond issuance of up to Rs 20 billion due to weak investor demand and higher-than-expected yield quotes. The issuance was structured with a base size of Rs 5 billion and a...
The Competition Commission of India (CCI) has approved Havells India Limited’s proposal to acquire a minority equity stake in Goldi Solar Private Limited and full partnership interests in Vama Inverters LLP and Goldi Energy LLP. Havells will acquire...
KP Green Engineering Limited has secured new orders worth Rs 972.7 million from multiple clients across five business segments. The company expects to complete all projects by March 31, 2026. The largest order, worth Rs 478.3 million, is for crash...
Sugs Lloyd Ltd has secured power transmission and distribution (T&D) contracts worth Rs 74.35 crore across Bihar and Odisha. In Bihar, the company received two key projects from North Bihar Power Distribution Company Limited (NBPDCL). The main...
Larsen & Toubro Limited (L&T) has won a contract from JSW Energy Limited (JSWEL) for civil works of the 1,500 MW Bhavali Pumped Storage Project. The contract was awarded on June 9, 2025. The scope includes full civil execution—construction of...
The Central Electricity Authority (CEA) has identified 29 high-priority power sector components currently imported from countries such as China, Germany, and South Korea. The CEA is now inviting public feedback to develop a roadmap for domestic...
The National Stock Exchange (NSE) has received regulatory approval from the Securities and Exchange Board of India (SEBI) to launch monthly electricity futures contracts. This marks a key step in expanding India’s power market offerings. NSE is now...
The Ministry of Power has released draft amendments to Rule 18 of the Electricity Rules, 2005 clarifying how Energy Storage Systems (ESS) can be used in India’s power sector. The draft gives developers, utilities, and consumers more...
PFC Consulting Limited (PFCCL) has invited Request for Proposal (RfP) bids for selection of a transmission service provider (TSP) through tariff based competitive bidding (TBCB) process on build, own, operate, and transfer (BOOT) basis for the...
REC Power Distribution Company Limited (REC PDCL) has transferred WRNES Talegaon Power Transmission Limited, a special purpose vehicle (SPV), to Adani Energy Solutions Limited (AESL). The SPV will implement the Western Region Network Expansion Scheme...
Hitachi Energy India Limited has secured a contract worth Rs 6,470.27 million from Power Grid Corporation of India Limited (PGCIL) for the supply of high-voltage transformers. The contract, awarded on June 10, 2025, covers the 765 kV Transformer...
The Board of Directors of Orient Green Power Company Limited has approved an engineering, procurement and construction (EPC) contract with Remon Solutions Private Limited. The contract covers 7 MW/9.8 MWp capacity under the first phase of its solar...
ACME Solar Holdings Limited has commissioned an additional 75 MW at its ACME Sikar Solar project in Bikaner, Rajasthan. This takes the project’s total commissioned capacity to 240 MW out of a planned 300 MW. The development raises ACME Solar’s...
The Central Pollution Control Board (CPCB) has released draft guidelines for handling and storing waste solar photovoltaic (PV) modules, panels, or cells. These fall under the E-Waste (Management) Rules, 2022, which took effect on April 1, 2023...
Indian Renewable Energy Development Agency Ltd. (IREDA) has raised Rs 2,005.90 crore through a Qualified Institutions Placement (QIP). The capital was mobilised by issuing 12.15 crore equity shares at Rs 165.14 per share. This price includes a...
IndiGrid has signed definitive agreements to acquire two operational infrastructure assets from ReNew Power in separate transactions. The combined enterprise value of the deals stands at approximately Rs 21.75 billion, including net working capital...
Rama Steel Tubes Ltd (RSTL) has entered a joint venture with Onix Renewable Ltd to establish 225 MW decentralised solar power projects across Maharashtra under the “Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0”. The new entity, Onix IPP, will...
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The Central Electricity Regulatory Commission issued a batch of tariff adoption orders through March...
Adani Green, IHC arm form JV for RE projects in India Adani Green Energy Limited (AGEL) has signed a...
Pace Digitek Limited has announced a milestone in its energy storage business, with its subsidiary...
Vihaan Clean & Green Tech Private Limited has launched a biomass-based boiler plant in Gujarat...
Neuron Energy has commissioned a containerised battery energy storage system (BESS) manufacturing...
A 1 GW photovoltaic (PV) project in northern Laos has been connected to the grid, marking the...
JSW Energy Limited has exercised its call option to acquire the remaining 26% equity stake in JSW...
Saatvik Solar Industries Private Limited, a subsidiary of Saatvik Green Energy Limited, has received...
Mahindra & Mahindra Limited (M&M) has approved the acquisition of a 26% equity stake in Neon...
Adani Green Energy Limited (AGEL) has signed a Joint Venture Agreement (JVA) with Minerva Holding...