On the third day of the 10th round of commercial coal mine auctions, Orissa Alloy Steel Private Limited secured the partially explored Kerendari-BC North coal block in Jharkhand, which has geological reserves of 600 million tonnes.Â
The company submitted the highest bid of 23.25% against a reserve price of 4%.
The government is preparing a pilot framework for peer-to-peer electricity trading under the India Energy Stack, as reported by ET EnergyWorld. Under the proposed model, electricity exchanges would take place between verified participants, while billing and financial settlement would continue to be routed through distribution companies. From a regulatory perspective, discoms remain central to grid…
Dynolt Technologies has raised $1.7 million in a seed funding round led by Transition VC, with additional investment from angel investor Yashowardhan Shah. The funding will be used to expand its high-power charger product line using wide bandgap semiconductors for fast charging stations. Additionally, the company plans to enter the solar and hydrogen sectors with…
Adani Renewable Energy Twenty Four Limited, a subsidiary of Adani Green Energy Limited (AGEL), has commenced commercial operations on a 48 MW solar power project in the Rann of Kutch district, Gujarat. The project began on April 17, 2025, as part of the 30,000 MW Khavda Wind-Solar Hybrid Renewable Energy Power Park. This initiative is…
Serentica Renewables is planning to raise $6 to $8 billion over the next five years. This capital will fuel acquisitions and new projects, aiming to more than double its operational capacity. According to Chairman Pratik Agarwal, the company’s broader goal is to invest $10-11 billion to scale its portfolio to 17 GW by 2029-2030. Currently…
Inox Wind Limited (IWL) has secured an 87 MW order from Continuum Green Energy for its 3 MW Wind Turbine Generators (WTGs). This repeat order will be executed on turnkey basis, with IWL providing multi-year operations and maintenance services post-commissioning. The projects are slated for Gujarat and Rajasthan. This addition brings Continuum’s total orders with…
The Board of Directors of Power Grid Corporation of India Limited (POWERGRID) has approved several decisions during its meeting held on March 9, 2026, including a fund raising plan, investment in cybersecurity infrastructure, and an in-principle approval to divest its wholly owned subsidiary, Central Transmission Utility of India Limited (CTUIL). In a regulatory filing to…