Karnataka

India | News | Renewable Energy

Emmvee signs 4.5 GWp TOPCon cell supply deal and advances 6 GW expansion
By December 10, 2025December 10, 2025

Emmvee Energy, a subsidiary of Emmvee Photovoltaic Power, has signed a long term agreement to supply 4.5 GWp of tunnel oxide passivated contact solar cells to a domestic buyer. The contract will run from December 2025 to December 2030. The company said the deal was concluded on an arm’s length basis with no promoter involvement. The agreement comes as Emmvee accelerates its manufacturing expansion. The company recently paid Rs 2.12 billion to the Karnataka Industrial…

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Finance | India | News

JK Cement raises stake in O2 Renewable Energy V
By December 8, 2025December 8, 2025

JK Cement Limited has expanded its investment in O2 Renewable Energy V Private Limited with a further 12.21 per cent equity purchase for about Rs 0.05 billion. The transaction lifts its total shareholding in the O2 Power SPV to 28.97 per cent. The company bought 46,45,658 shares from JSW Neo Energy Limited at Rs 11.18 per share. The higher stake strengthens JK Cement Limited’s renewable energy portfolio and its position in a 22 MW wind…

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India | News | Renewable Energy

Envision Energy India wins 300 MW wind turbine order
By December 3, 2025December 3, 2025

Envision Energy India has received a 300 MW wind turbine order from UPC Renewables India for upcoming projects in Karnataka. The order covers 60 wind turbine generators for installation at the Bijapur site. The first phase totals 100 MW and includes 20 turbines scheduled for delivery early next year. This phase is tied to a power supply agreement with SJVN Limited and is planned to begin operations in January 2027. Once all 60 turbines are…

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India | News | T&D

PFC forms SPV for NERGS III and issues tender for Tumkur II transmission upgrade
By November 25, 2025November 25, 2025

Power Finance Corporation has incorporated a new Special Purpose Vehicle named NERGS III Siang Basin Transmission Limited. The entity is a wholly owned subsidiary of PFC Consulting Limited, which is fully owned by PFC. The SPV will implement the NERGS III Siang Basin transmission project. The Ministry of Power issued a Gazette Notification on 18 September 2025 that appointed PFC Consulting as the Bid Process Coordinator for selecting a Transmission Service Provider under the tariff…

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India | Finance | News

Inox Wind to invest Rs 400 crore in Karnataka wind manufacturing unit
By October 17, 2025October 28, 2025

Inox Wind will set up a wind-blade and tower manufacturing facility in the Kyadigoppa Industrial Area, Kushtagi taluk, Koppal district, Karnataka, with a total investment of Rs 400 crore. The project will be executed in two phases, with Rs 300 crore allocated for the first phase and Rs 100 crore for the second. The Karnataka Industrial Areas Development Board (KIADB) has allocated 70 acres for the facility. The state government will provide support and incentives…

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India | News

Prostarm wins 150 MW/300 MWh BESS project in Karnataka
By August 25, 2025August 25, 2025

Prostarm Info Systems Limited has won Karnataka Power Transmission Corporation Limited’s (KPTCL) auction for a 150 MW/300 MWh standalone battery energy storage system (BESS) at the Doni substation in Gadag district. The project will operate on a build-own-operate model for 12 years. The winning tariff is ₹254,000 per MW per month, inclusive of the state’s viability gap funding (VGF) component. Under VGF, Prostarm is eligible for the lower of ₹2.7 million or up to 30…

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India | News

RECPDCL invites bids for Devanahalli and Hosakote transmission projects in Karnataka
By August 22, 2025August 22, 2025

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has issued Request for Proposal bids for selection of transmission service providers through tariff-based competitive bidding (TBCB) for two intra-state transmission projects in Karnataka. The first scheme involves establishing a 2 x 150 MVA, 220/66/11 kV gas insulated station at Devanahalli (New) in Bengaluru Rural district. It includes associated 220 kV and 66 kV connectivity elements, along with provisions for future…

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India | News

Karnataka shelves microgrid solar project for five villages
By August 13, 2025August 13, 2025

The Karnataka government has dropped its plan to install 500 kW microgrid solar units with battery storage in one backward village within each electricity supply company’s jurisdiction, citing financial non-viability. According to Karnataka Renewable Energy Development Limited (KREDL), which was to implement the project, the villages identified were Katenahalli in Tumakuru district (Bescom), Arji in Kodagu district (CESC), Lingapura in Chikkamagaluru district (Mescom), Jagalapete in Uttara Kannada district (Hescom), and Antavaram in Kalaburagi district (Gescom)….

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India | News

Serentica selects SANY for 336 MW wind project in Karnataka
By July 24, 2025July 24, 2025

Serentica Renewables has selected SANY Renewable to supply wind turbine generators (WTGs) for a 336 MW wind power project in Karnataka. Each turbine will have a rated capacity of 4 MW. Deliveries are scheduled to begin by December 2025. The project is part of Serentica’s plan to supply round-the-clock renewable energy to industrial consumers. The wind farm will use SANY’s high-capacity turbines, which are already in operation in other parts of India. According to the…

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India | News

Blupine secures Rs 24.16 bn loan for FDRE project in Karnataka
By June 25, 2025July 16, 2025

Blupine Energy Private Limited has achieved financial closure for its 150 MW firm and dispatchable renewable energy (FDRE) project in Aland, Karnataka. The company has secured debt funding worth Rs 24.16 billion from Standard Chartered Bank. Standard Chartered served multiple roles in the transaction. It was the mandated lead arranger, lender, sole green coordinator, and account bank. Blupine’s project will comprise 120 MW of solar, 211.2 MW of wind, and a 176 MWh battery energy…

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