NTPC Renewable Energy Limited (NTPC REL) has signed a memorandum of understanding (MoU) with Deendayal Port Authority to establish a green hydrogen fueling station and deploy 11 hydrogen-powered buses at Kandla Port, Gujarat.
This initiative seeks to replace fossil fuel-based buses at the port, advancing clean energy adoption while supporting decarbonisation and energy security.
Ambuja Cements has commissioned its 200 MW solar power project in Khavda, Gujarat, with transmission starting on December 12, 2024. The remaining 806 MW capacity is under various commissioning stages and is expected to be operational between March and June 2025. This project is projected to reduce power costs by 70 per cent compared to…
Investment funds managed by KKR and the Public Sector Pension Investment Board (PSP Investments) have agreed to acquire a 19.9% stake in American Electric Power’s (AEP) Ohio and Indiana & Michigan transmission companies for $2.82 billion. KKR and PSP Investments have established a 50/50 strategic partnership to complete the acquisition. The investment will support AEP…
The Deputy Chief Minister of Gujarat, Shri Harsh Sanghavi, on 18 December 2025 inaugurated new advanced manufacturing facilities for solar modules and wind turbine components near Ahmedabad. The facilities are operated by subsidiaries of the INOXGFL Group and are aligned with India’s target of achieving 500 GW of non fossil fuel capacity by 2030. The…
Four leading solar wafer manufacturers announced a price increase on the afternoon of December 25, raising prices across key wafer sizes and lifting the average market level by about 12 per cent. Analysts link the change to higher raw material costs and continued tightness in parts of the photovoltaic (PV) supply chain. In their coordinated…
Indian Energy Exchange Limited (IEX) has released its operational performance metrics for the nine months ending December 2025 (9MFY’26), the third quarter of fiscal year 2026 (Q3FY’26), and the month of December 2025. The data indicates consistent growth in traded volumes across several key market segments, alongside a general moderation in average clearing prices year-on-year….
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…