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INOXGFL Group enters solar manufacturing with Inox Solar
INOXGFL Group has launched Inox Solar to venture into solar manufacturing, targeting an initial capacity of five GW for solar modules and 2.5 GW for solar cells by 2026. The promoters plan to invest Rs 15 billion in this initiative. The first solar module manufacturing plant, with a 1.2 GW capacity for TopCon modules, is…
Trilateral power flow from Nepal to Bangladesh via India begins
Union Minister Manohar Lal Khattar and officials from Nepal and Bangladesh inaugurated the first trilateral power flow transaction on 15 November 2024. The event marked the transmission of hydroelectric power from Nepal to Bangladesh, facilitated through India’s electricity grid. The power transaction stems from the Regional Cooperation for Power Purchase, Sale, Distribution, and Transmission agreement…
KPI Green Energy reports strong FY26 growth on capacity expansion
KPI Green Energy Limited has reported strong financial performance for the quarter and fiscal year ended March 31, 2026, supported by capacity additions and execution across its renewable energy portfolio. The company released its investor presentation with key performance highlights, indicating year-on-year growth across major financial metrics. For FY26, consolidated total income increased 56% to…
IREDA sanctions Rs 1,134 crore loan for Insolation Green’s solar cell plant
Indian Renewable Energy Development Agency Limited (IREDA) has approved a loan of Rs 1,134 crore for Insolation Green Energy, a wholly owned subsidiary, to develop a 4.5 GW solar cell manufacturing unit in Madhya Pradesh. The company said the total project cost is estimated at Rs 1,512 crore, of which IREDA will provide Rs 1,134…
India revises FDI rules for land-bordering countries, easing minority investment
India’s Union Cabinet has approved an amendment to Press Note 3 of 2020, which requires government approval for investments from countries sharing a land border with India. The revision introduces a 10% beneficial ownership threshold below which investors from these countries can invest through the automatic route without prior clearance. For the power sector, the…
Inox Wind to invest Rs 400 crore in Karnataka wind manufacturing unit
Inox Wind will set up a wind-blade and tower manufacturing facility in the Kyadigoppa Industrial Area, Kushtagi taluk, Koppal district, Karnataka, with a total investment of Rs 400 crore. The project will be executed in two phases, with Rs 300 crore allocated for the first phase and Rs 100 crore for the second. The Karnataka…
