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India | Generation | NewsWhy India’s thermal power projects continue to face delays
India’s thermal power capacity expansion continues to face execution challenges despite a steady pipeline of under-construction projects. The Central Electricity Authority’s (CEA) latest Broad Status Report of Thermal Power Projects shows that delays remain widespread, with projects being held back by equipment supply constraints, contractor performance, land acquisition, regulatory approvals, fuel logistics, and litigation. Equipment…
CERC to hold hearing on value of X for wind and solar deviations
CERC will hold an online public hearing on December 3, 2025, to finalize the value of X used to calculate deviation percentages for wind and solar sellers under the Deviation Settlement Mechanism and Related Matters Regulations, 2024. The new framework will apply from April 1, 2026. The hearing follows a consultation launched on September 10,…
NGEL crosses 10 GW with full commissioning of Khavda-I
NTPC Green Energy Limited (NGEL) has crossed 10 GW of installed capacity following the full commissioning of the 1,255 MW Khavda-I Solar Photovoltaic Project in Gujarat. The milestone was achieved after its step-down subsidiary, NTPC Renewable Energy Limited (NTPC REL), declared commercial operation of the final tranche on March 31, 2026. The last tranche at…
NCLAT stays insolvency proceedings against Vikram Solar
The National Company Law Appellate Tribunal (NCLAT) has stayed the corporate insolvency resolution process (CIRP) initiated against Vikram Solar Limited by the National Company Law Tribunal (NCLT), Kolkata Bench. The interim relief, granted on June 24, 2026, suspends the insolvency proceedings and bars the interim resolution professional (IRP) from taking any further action until the…
India adds record 6.05 GW wind capacity in FY 2025-26
India added 6.05 GW of wind power capacity in FY 2025-26, marking the highest annual addition on record and surpassing the previous peak of 5.5 GW in FY 2016-17. The increase represents a 46% rise over FY 2024-25. With this addition, the country’s total installed wind power capacity has crossed 56 GW. Gujarat, Karnataka, and…
Adani Energy to raise Rs 43 billion via QIP
Adani Energy Solutions Limited (AESL) has approved raising Rs 43 billion through a qualified institutional placement (QIP), to be executed in one or more tranches. This move follows a series of recent fundraises by the Adani Group. In April 2025, it secured USD 750 million for an acquisition, with BlackRock subscribing to a third of…
