NTPC Renewable Energy Ltd (NTPC REL), a step-down subsidiary of NTPC Ltd, has commenced commercial operations of 37.5 MW capacity, the first part of its 200 MW Gujarat Solar PV Project in Sadla, Gujarat, effective December 21, 2024.
This addition increases NTPC Group’s total installed and commercial capacity to 76,598.18 MW. NTPC aims to achieve 50% non-fossil fuel-based generation capacity in its portfolio by 2032.
Solar Landscape, a US-based commercial and community solar developer, has raised $847 million in project investment and financing in 2024. This funding will support the deployment of over 200 rooftop solar installations across the country. Additionally, the company has secured contracts for developing solar projects on 40 million square feet of commercial and industrial rooftop…
Power Grid Corporation of India Ltd (PGCIL) has sold its remaining 26% stake in four associate companies to Power Grid Infrastructure Investment Trust (PGInvIT) for Rs 5.07 billion. The transfer, completed on December 30, 2024, aligns with share purchase agreements involving PGCIL, IDBI Trusteeship Services Ltd, PUTL (Powergrid Unchahar Transmission Ltd), and the concerned entities….
West Bengal State Electricity Distribution Company Limited (WBSEDCL) has annulled the tender for a 250 MW standalone battery energy storage system (BESS) at Goaltore and withdrawn the letter of award issued to PM Green Private Limited, a wholly owned subsidiary of Power Mech Projects Limited. The letter of award, dated January 8, 2026, covered a…
Gorakhpur Haryana Anu Vidyut Pariyojana (GHAVP), a project under Nuclear Power Corporation of India Ltd (NPCIL), has commissioned a 1.7 MWp grid-connected solar photovoltaic plant at its facility in Haryana. This is the second solar project installed at the site. The ground-mounted solar plant covers 22,000 square metres and uses domestically manufactured mono PERC modules…
Adani Green Energy Limited (AGEL) has expanded its renewable energy portfolio with a major new capacity addition at Khavda in Gujarat, while also incorporating a new subsidiary to support future clean energy development. Both updates were disclosed through filings dated 31 December 2025 to stock exchanges. In its filing, Adani Green Energy Limited stated that…
Indian Railway Finance Corporation (IRFC) has signed a memorandum of understanding (MoU) with the Renewable Energy Management Centre (REMC) to finance renewable energy projects supplying power to Indian Railways. The partnership aims to support renewable energy initiatives and explore financing options for thermal, nuclear, and renewable projects under a captive model. REMC will utilise its…