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GAIL to invest Rs 3,800 crore in 700 MW solar and storage projects
GAIL (India) Limited has announced a capital outlay of Rs 3,800 crore to develop 700 MW of solar power capacity across Uttar Pradesh and Maharashtra. The state-owned natural gas company disclosed the plan through a press release filed with stock exchanges on April 14, 2026, as part of its strategy to advance Net Zero targets….
Avangrid sells Kitty Hawk North offshore wind lease area to Dominion
Avangrid has completed the sale of its 40,000-acre Kitty Hawk North offshore wind lease area to Dominion Energy for $160 million. The transaction includes a $117 million lease acquisition payment and reimbursement for associated development costs. The sale agreement was initially signed in July 2024. Avangrid, part of the Iberdrola Group, retains the rights to…
Grew Energy to supply solar modules for Jindal Renewables’ Rajasthan project
Grew Energy has announced it will supply 500 MW of solar modules for Jindal Renewables’ solar power project in Rajasthan. Jindal Renewables is developing around 3 GW of renewable energy assets with power off-take agreements in place. By 2030, the company plans to expand its portfolio to 12 GW, including storage facilities and green hydrogen…
Hitachi Energy achieves record order backlog of Rs 89.1 billion
Hitachi Energy India Ltd reported a record-high order backlog of Rs 89.1 billion as of September 30, 2024, marking unprecedented revenue visibility for upcoming quarters. Orders for the quarter ending September 30 totalled Rs 19.52 billion, reflecting an 11.7% year-on-year increase, driven largely by renewable projects in utilities, power quality, and substations. Notable contributions also…
NTPC and Zelestra commission 175 MW solar capacity in Rajasthan
NTPC Green Energy Limited has commissioned 75 MW of solar power capacity, raising its operational output to 225 MW under its 500 MW solar power project. The implementation is being carried out by IRCON Renewable Power Limited, a joint venture of Ayana Renewable Power Private Limited. In a parallel development, Zelestra Energy (formerly Solarpack Corporación…
US grants approval for Holtec to transfer SMR technology to India
The United States Department of Energy (DOE) has granted Holtec International a critical regulatory approval to transfer small modular reactor (SMR) technology to India. The authorization, issued on March 26, 2025, allows Holtec to share unclassified SMR technology with three Indian firms: Holtec Asia, Tata Consulting Engineers Limited (TCE), and Larsen & Toubro Limited (L&T)….
