The Government of Karnataka has announced plans to develop a large scale Electric Vehicle (EV) City near Bengaluru to strengthen the state’s electric mobility and advanced battery technology ecosystem. The proposal was outlined during an industry consultation chaired by Karnataka Minister for Rural Development and Panchayat Raj Priyank Kharge. The meeting was attended by representatives…
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….
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…
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 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…
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…
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…
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…
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…
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…