Sugs Lloyd has emerged as the lowest bidder for two Bihar government projects worth Rs 3 billion.
The contracts include the supply, installation, testing, and commissioning (SITC) of a power substation along with high-tension (HT) and low-tension (LT) lines.Â
CEO Satyakam Basu expressed excitement over this milestone, noting that the company is considering an IPO to expand operations and fulfil working capital needs.
Inox Solar Limited has signed a supply agreement with China’s LONGi Green Energy Technology Corporation Limited for 5 GW of solar modules, valued at about Rs 70 billion, to be delivered over the next three years. Under the agreement, LONGi will source solar modules from Inox Solar for use in the Indian market. The partnership…
BP is exploring the sale of a minority stake in its offshore wind division to offset the substantial development costs associated with its projects, as reported by Reuters. This move follows shareholder pressure over BP’s 2020 energy transition strategy, as profits from renewables have fallen while oil and gas margins have risen. The company has…
Waaree Energies has approved two capital allocation decisions that extend its manufacturing presence into solar glass and power transformers. The larger is a Rs 3,900 crore outlay to build a glass manufacturing plant under its wholly owned subsidiary, Waaree Green Glass Private Ltd. The facility will produce 2,500 tonnes of glass per day, financed through…
Jakson Engineers Ltd, part of the Jakson Group, will invest over Rs 8,000 crore to establish a 6 GW integrated solar module, cell, and wafer manufacturing plant at Maksi Phase II in Madhya Pradesh.  The facility will be developed in two stages. In Phase I, the company will set up 3 GW of solar modules…
The Ministry of New and Renewable Energy (MNRE) has issued an Office Memorandum clarifying the applicability of the Approved List of Models and Manufacturers (ALMM) for projects under its Strategic Interventions for Green Hydrogen Transition (SIGHT) Programme. The memorandum, dated December 19, 2025, responds to industry representations seeking clarity on procurement requirements for renewable power…
Teerth Gopicon Private Limited has received a Letter of Award (LoA) worth Rs 2.37 billion from Rajasthan Renewable Energy Corporation Limited (RRECL) to set up 37 MW of rooftop solar photovoltaic (PV) power projects on government buildings in Baran and Pali districts. The contract, awarded on December 7, 2024, includes 11 MW in Baran and…