Reliance Power Limited (RPL) incorporated Reliance NU Energies Private Limited, a special purpose vehicle, on December 10, 2024.
The entity will focus on developing renewable energy projects, including solar, wind, hybrid systems, and advanced energy storage solutions such as pumped storage hydropower and battery energy storage systems.
The Power Ministry has raised its thermal expansion target to 97 GW of new coal and lignite capacity by FY35, up from 90 GW planned for FY32. Minister of State for Power Shripad Naik told the Rajya Sabha that India will require around 307 GW of coal and lignite capacity by FY35, with 2 GW…
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…
Avaada Group has signed a memorandum of understanding (MoU) with the Odisha government to invest Rs 207 billion in renewable energy projects. The investment will support the development of 1,500 MW of floating solar projects, two 1,000 MW Pumped Storage Projects (PSP), and green energy equipment manufacturing units. The agreement was formalized at the Make…
Bharat Heavy Electricals Limited (BHEL) has reported a sharp year on year improvement across key financial metrics for the quarter ended December 31, 2025. The unaudited results were approved by the board on January 19, 2026. For Q3 FY 2025–26, BHEL posted standalone revenue from operations of Rs 8,473 crore, up 16.4% from Rs 7,277…
Solarium Green Energy Limited has received two purchase orders totalling about Rs 22.51 crore (excluding GST), for the supply of TOPCon solar panels to projects across Karnataka, Tamil Nadu, Andhra Pradesh, and Puducherry. The larger order, valued at around Rs 14.10 crore, involves the supply of Bureau of Indian Standards (BIS)-certified 715/720 Wp TOPCon N-type…
NTPC aims to increase its installed capacity from 76 GW to 130 GW by 2032, presenting significant growth prospects for micro, small, and medium enterprises (MSMEs). The company’s procurement value is expected to rise from Rs 190.75 billion in FY24 to Rs 325 billion by 2032, with MSMEs contributing over 52 per cent of FY24…