Sterlite Electric Limited, formerly known as Sterlite Power Transmission Limited, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). The IPO will consist of a...
Indian Renewable Energy Development Agency Limited (IREDA) has reported strong growth in its key business indicators for the half year ended September 30, 2025, based on provisional data. Loan sanctions rose by 86 per cent to Rs 331.48 billion in H1...
Serentica Renewables has partnered with Envision Energy India for the supply of wind turbine generators (WTGs) for its upcoming 560 MW wind project. The project will use Envision’s 5 MW smart WTGs, with deliveries scheduled to begin in February 2026...
Kosol Energie Private Limited has commissioned a 38 MWp solar power project for Gujarat State Electricity Corporation Limited (GSECL) at Chadavada in Gujarat. The project is equipped with 550 WP bifacial solar modules and advanced tracker-based...
The Ministry of Heavy Industries (MHI) has released operational guidelines for the deployment of electric vehicle public charging stations (EV PCS) under the PM E-DRIVE Scheme. The scheme provides financial support of Rs 20 billion to establish...
Rays Power Infra has submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) to raise up to Rs 11.5 billion through an initial public offering (IPO). The IPO will comprise a fresh equity issue of Rs 9...
The Ministry of Power (MoP) has notified a revised renewable consumption obligation (RCO) framework under the Electricity (Amendment) Rules, 2025. The new rules unify state-level renewable purchase obligations (RPOs) under a single national...
Reliance Power Limited has entered into an agreement to sell its entire stake in five Indonesian coal subsidiaries to Biotruster (Singapore) Pte. Limited for USD 12 million. The transaction is expected to close by 30 December 2025, subject to...
Oyster Renewable Energy has obtained a Rs 1,844 crore loan to develop a 342 MW hybrid renewable energy project in Madhya Pradesh, combining solar and wind capacities. The loan will fund the procurement of equipment, including solar panels, wind...
Goa is considering a Rs 5,000 crore loan from the Japan International Cooperation Agency (JICA) to modernise its electricity network and improve reliability and efficiency across residential, commercial, and industrial consumers. The funding would...
India’s solar manufacturing sector added 44.2 gigawatts (GW) of module capacity and 7.5 GW of cell capacity in the first half of 2025, according to Mercom India’s report State of Solar PV Manufacturing in India 1H 2025. The report links the growth to...
Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder to develop the “Inter-Regional Strengthening between Southern Region (SR) Grid and Western Region (WR) Grid” project under the Tariff-Based Competitive...
REC Limited and Power Finance Corporation Limited (PFC) have announced the formation of new wholly owned subsidiaries to serve as project vehicles for upcoming power transmission schemes in Karnataka, Rajasthan, and Maharashtra. REC has incorporated...
SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of SJVN Limited, has declared commercial operation of 128.88 MW from its Bikaner Solar Power Project on 30 September 2025. With this addition, the project has reached a cumulative...
Waaree Energies Limited has commissioned a 950 MW solar module manufacturing line at its plant in Degam, Chikli taluka, Navsari district, Gujarat. The facility began operations on 30 September 2025. In September 2025, the company also added four...
Adani Green Energy Limited (AGEL) has brought 408.1 MW of renewable energy projects into operation at Khavda, Gujarat, through its step-down subsidiaries. With this addition, AGEL’s total operational renewable generation portfolio now stands at...
Bharat Heavy Electricals Limited (BHEL) has received Notifications of Award from Madhya Pradesh Power Generating Company Limited (MPPGCL) for engineering, procurement, and construction (EPC) contracts covering two 660 MW supercritical thermal power...
Premier Energies Limited has won contracts worth $19.95 million for the supply and installation of solar power systems in the Republic of Benin, West Africa. The order covers 750 rooftop solar systems to be deployed at district police stations...
Kholongchhu Hydro Power Ltd (KHPL) has signed a Rs 4,829 crore term loan agreement with Power Finance Corporation (PFC) to fund the 600-megawatt Khorlochhu Hydropower Project in Bhutan. KHPL is a joint venture with Druk Green Power Corporation Ltd...
REC Limited has announced that its subsidiary, REC Power Development and Consultancy Limited (RECPDCL), has completed the sale of Rajgarh Neemuch Power Transmission Limited to GR Infraprojects Limited. GR Infraprojects emerged as the successful...
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NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited...
Assam’s transmission network set for upgrade with six new projects Assam Electricity Grid...
Quality Power Electrical Equipments Limited has announced that its material step-down subsidiary...
Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, has...
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India’s energy sector is going through a major transformation, driven by the powerful...
STEAG Energy Services (India) Private Limited, a wholly-owned step-down subsidiary of Bluspring...
ACME Cleantech Solutions Private Limited (ACME Group) has signed long-term offtake agreements with...
Indian Energy Exchange (IEX) traded 37,534 MU (37.5 BU) of electricity during the first quarter (Q1)...