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IEX records 17.7% rise in November power trade and IGX clears IPO move
Indian Energy Exchange Limited reported a 17.7 per cent year-on-year rise in electricity trading volumes in November 2025, with total transactions reaching 11,409 MU. The company also confirmed that Indian Gas Exchange Limited has secured board approval to begin its IPO process. IEX saw varied performance across its market segments. The Day Ahead Market recorded…
Sany Wind secures wind turbine orders from JSW Group and Sembcorp
Sany Wind Energy India has signed agreements to supply wind turbines with a total capacity exceeding 1.3 GW to three subsidiaries of the JSW Group. Additionally, a 300 MW deal has been finalized with Sembcorp’s India branch, a subsidiary of Singapore’s state-owned energy company. While financial details and specific project locations remain undisclosed, these partnerships…
India | Generation | NewsCEA panel finds 55% MTL flexible operation does not damage thermal units
A committee constituted by the Central Electricity Authority (CEA) has found that operating thermal power plants at 55% minimum technical load (MTL) with conservative ramping rates does not result in significant damage to generating units. The report, based on multiple meetings held between July and October 2025, also recorded NTPC’s reluctance to participate in mandated…
Lubi Industries to supply 1,400 fast DC EV chargers for BPCL outlets
Lubi Industries has secured a contract from Bharat Petroleum Corporation Limited (BPCL) to manufacture, supply, install, and commission 1,400 fast DC electric vehicle (EV) chargers across India. These chargers, with a 60 kW capacity, will be installed at BPCL retail outlets to provide reliable and efficient charging solutions for EV users. This project represents a…
Waaree Renewable posts robust Q2 growth with Rs 5,244.7 million revenue
Waaree Renewable Technologies Limited (WRTL), the solar EPC arm of Waaree Group, reported Q2 FY25 revenue of Rs 5,244.7 million, a 249.50% increase from Rs 1,500.6 million in Q2 FY24. Profit after tax (PAT) stood at Rs 535.2 million, while its unexecuted order book remains at 1.7 GWp with a 9-12 month timeline. For H1…
Axis Energy plans Rs 31,750 crore renewable investment in Odisha
Axis Energy (Axis Energy) has proposed an investment of Rs 31,750 crore in Odisha to develop large scale renewable energy projects across multiple clean energy segments. The proposed investment covers around 5,000 MW of renewable energy capacity. The portfolio includes wind, solar, agri photovoltaics (Agri PV), hybrid power projects, and battery energy storage systems (BESS)….
