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BluPine Energy secures Rs 5,400 crore refinancing facility from Axis Bank
BluPine Energy, a renewable energy platform owned by private equity firm Actis, has secured a Rs 5,400 crore long-term loan facility underwritten by Axis Bank. The funding will be used to refinance existing debt across the company’s portfolio of operational renewable energy projects. The loan facility carries an interest rate of around 7.70% and has…
MNRE revises pilot scheme for innovative green hydrogen projects
The Ministry of New and Renewable Energy (MNRE) has issued updated guidelines for its pilot initiative to advance the use of innovative technologies in Green Hydrogen production and application. The revised framework focuses on demonstrating new production methods such as floating solar systems, biomass-based technologies, and wastewater-based hydrogen generation. It also encourages testing decentralised applications,…
Deadline extended for proposals under green hydrogen mission
The Ministry of New and Renewable Energy (MNRE) has extended the deadline for submissions under the second call for proposals on funding support for green hydrogen testing facilities and regulatory development. The call for proposals, titled “Funding of testing facilities, infrastructure, and institutional support for development of Standards and Regulatory framework under the National Green…
Waaree Solar Americas bags 236 MW solar module supply order
Waaree Energies Limited has announced that its wholly owned subsidiary, Waaree Solar Americas Inc., has received an order for the supply of 236.22 MW of solar modules. The order was received on June 29, 2026, from an international customer engaged in developing and managing sustainable infrastructure solutions, particularly in the renewable energy sector. The company…
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BCCL monetises Dugda Coal Washery, India’s first coal washery monetisation
Bharat Coking Coal Limited (BCCL), a subsidiary of Coal India Limited (CIL), has leased out the Dugda Coal Washery in Bokaro, Jharkhand, marking India’s first coal washery monetisation. With a capacity of 2 million tonnes per annum, the move allows a private company to operate and manage the facility while the government earns revenue from…
Sun Petrochemicals to invest in pumped storage hydro projects in Telangana
Sun Petrochemicals has signed a memorandum of understanding (MoU) with the Telangana government to develop pumped storage hydro power projects in Nagarkurnool, Mancherial, and Mulugu districts. The project involves an investment of Rs 450 billion and is expected to create 7,000 jobs. The initiative will integrate solar power plants with a capacity of 5,440 MW….
