Sun Drops Energia Private Limited, a subsidiary of KPI Green Energy Limited, has received orders to develop 62.2 MW of solar power projects under the captive power producer (CPP) business segment.
The projects are aligned with the distributed renewable energy bilateral purchase policy and the Gujarat Renewable Energy Policy 2023. They are set to be completed in phases by the financial year 2025-26 as per the agreements.
Larsen & Toubro Ltd (L&T) has announced multiple major order wins in the Middle East, spanning its Power Transmission & Distribution (PT&D) and Hydrocarbon Onshore businesses. The PT&D vertical has secured grid infrastructure projects worth between Rs 2,500 crore and Rs 5,000 crore, including a 400 kV substation in the UAE to establish a direct…
The Ministry of Power (MoP) has approved the establishment of three new 800 MW thermal power plants (TPPs) in Punjab. The decision was announced on June 6, 2025, following a meeting of northern power ministers. The expansion adds up to 2,400 MW of fresh capacity. Two of the three units will be located at the…
The Ministry of Coal has notified the Coal Exchange Rules, 2026, creating a regulatory framework for the establishment and operation of coal exchanges in India. The rules were published in the Official Gazette on June 4, 2026. The framework is intended to transition coal marketing from the existing “one-to-many” sales model to a competitive “many-to-many”…
Gujarat Urja Vikas Nigam Ltd has closed its Phase VII tender for 4 GWh of battery storage capacity. The process covered 2 GW with two hours of storage and led to tariffs between Rs 1.85 lakh and Rs 1.89 lakh per MW per month. The auction’s lowest tariff was Rs 1.8539 lakh per MW per…
Amazon and Google have pledged support for a global initiative to triple nuclear energy capacity by 2050, according to Reuters. The commitment, facilitated by the World Nuclear Association (WNA), has also gained backing from shale company Occidental and Japanese heavy equipment manufacturer IHI. More industry players, including those from maritime, aviation, and oil and gas,…
Borosil Renewables Limited has completed its investment of Rs 178.2 million in Clean Max Prithvi Private Limited (CMPPL) in two tranches. The investment follows Borosil Renewables’ initial acquisition of a 49 per cent stake in CMPPL for Rs 49,000, announced in September 2024. The company later invested Rs 35.6 million and Rs 142.6 million, receiving…