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Captive wind power user wins refund battle against MSEDCL over charge calculation method
The Maharashtra Electricity Regulatory Commission (MERC) has directed Maharashtra State Electricity Distribution Company Limited (MSEDCL) to refund excess wheeling and transmission charges collected from Serum Institute of India Pvt. Ltd. (SIIPL) for the period from September 2021 to May 2023, along with applicable interest. The dispute concerned the methodology used by MSEDCL to calculate wheeling…
GE Vernova to supply 100 MW wind project in Gujarat
GE Vernova Inc. has signed an agreement with Powerica Limited to supply 28 units of its 3.8 MW–154m onshore wind turbines for the 100 MW Botad Wind Farm in Gujarat. The project marks the first deployment of GE Vernova’s 3.8 MW–154m turbine in the Indian market. The scope includes the supply and installation of turbines,…
KPI Green wins 36.87 MW captive solar projects
Sun Drops Energia Private Limited, a wholly-owned subsidiary of KPI Green Energy Limited, has secured Letters of Award (LoAs) for developing 36.87 MW of solar power projects under the Captive Power Producer (CPP) segment. The awards were received on June 19, 2025. The projects have been allotted by multiple firms. Some of them will be…
China approves construction of ten new nuclear reactors
China has cleared the construction of ten new nuclear reactors in 2025, marking the fourth year in a row it has approved at least ten reactors, Bloomberg reported. As per local outlet The Paper, the new projects will involve an investment of 200 billion yuan (about USD27 billion or Rs 2.25 trillion). China National Nuclear…
SnapE Cabs raises $2.5 million funding for EV expansion
SnapE Cabs has secured $2.5 million in a bridge deck funding round led by Inflection Point Ventures. The company will use the capital for operational expenses, leasing electric vehicles, and product development. The company became EBITDA positive in January 2025 and has expanded its electric vehicle fleet to more than 1,000 cars. It has also…
Good Energy to acquire solar installer Empower Energy
Renewable energy provider Good Energy Group has signed a conditional binding agreement to acquire Empower Energy, a commercial solar installation company, for an initial consideration of £7 million ($7.56 million). The acquisition, structured on a debt-free, cash-free basis, includes £6.25 million in cash and the allotment of 254,237 new ordinary shares in Good Energy at…
