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.
JSW Energy Limited commissioned 114 MW of renewable energy capacity in September 2025, including 21 MW of solar and 93 MW of wind power. With this addition, the company’s total installed capacity has reached 13,211 MW. The cumulative renewable energy capacity commissioned in the second quarter of FY26 now stands at 443 MW. This includes…
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,…
Brahmaputra Infrastructure Limited has been declared the lowest bidder (L-1) for a Rs 78.09 crore tunnelling and access works package at the 1,000 MW Turga Pumped Storage Project in West Bengal. The development marks the company’s entry into the pumped storage hydro-power segment and its first presence in West Bengal. The tender was issued by…
In a regulatory filing dated 23 December 2025, NTPC Limited stated that its board of directors granted in principle approval to form a 50:50 joint venture in India with EDF Power Solutions India Private Limited. The proposed joint venture will focus on the development of Pumped Storage Plants (PSP), which support large scale energy storage…
Andhra Pradesh attracted Rs 13.25 lakh crore of investment commitments by signing 613 MoUs during the 30th CII Partnership Summit 2025 in Visakhapatnam. The two-day event on November 14 and 15 drew strong interest from Indian and global investors. Chief Minister N Chandrababu Naidu called the summit historic and announced that the next edition will…
The Ministry of Power has withdrawn the Uniform Renewable Energy Tariff (URET) mechanism, including the Solar Power Central Pool and Solar-Wind Hybrid Central Pool, due to delays in project approvals and power sale agreements. The URET framework, introduced in February 2024, was designed to stabilise tariffs for solar and hybrid projects till 2027. However, many…