Coal India to invest Rs 1,900 crore in R&D by FY2030 Coal India Limited (CIL) plans to invest approximately Rs 1,900 crore in research and development (R&D) by the end of FY2030. The company’s R&D expenditure increased four-fold to Rs 245 crore in FY2024-25 from Rs 61 crore in the previous fiscal year following the…
Pace Digitek secures 3 GWh LFP cell supply, expands BESS capacity Pace Digitek Limited, through Lineage Power Private Limited, has signed a Master Supply Agreement with Guangzhou Rongjie Energy Technology Co., Ltd. for the supply of 3 GWh of 314Ah lithium iron phosphate battery cells. The company said the agreement will strengthen supply chain stability…
Powerica incorporates renewable energy subsidiary Whisperwind Renewable Powerica Limited has incorporated a wholly owned subsidiary, Whisperwind Renewable Private Limited (WRPL), to develop renewable energy projects across wind, solar and hybrid segments. The incorporation became effective on June 27, 2026, following approval from the Ministry of Corporate Affairs on the same date. Powerica Limited holds 100%…
NHPC, ONGC Green sign MoU to develop pumped storage, renewable projects NHPC Limited and ONGC Green Limited (OGL) have signed a Memorandum of Understanding (MoU) to jointly explore pumped storage projects (PSPs) and other renewable energy projects across India. The agreement covers the identification, evaluation, development and implementation of projects by leveraging the strengths of…
Prototype wind turbines can now sell power to DISCOMs under revised MNRE rules The Ministry of New and Renewable Energy (MNRE) has amended the Revised Guidelines for Installation of Prototype Wind Turbine Models issued on June 12, 2025. The revised provisions allow scheduled power generated from up to three prototype wind turbines for each model…
West Bengal budget plans new thermal plant, floating solar and 15 new substations The West Bengal government has allocated Rs 5,345.16 crore to the Power Department in its 2026-27 budget, alongside Rs 305.87 crore for Non-Conventional and Renewable Energy Sources and Rs 100 crore for rooftop solar installations. The state plans to develop a 2×800…
Foundation stone laid for Rs 25,000 crore coal-to-ammonium nitrate project The foundation stone for Bharat Coal Gasification & Chemicals Limited’s coal-to-ammonium nitrate project was laid remotely by the President of India, Smt. Droupadi Murmu, and Prime Minister Shri Narendra Modi on June 20, 2026, at Lakhanpur in Jharsuguda district of Odisha. The project aims to…
Concord Biotech to acquire stake in renewable power SPV Concord Biotech Limited has entered into an agreement to acquire a 27.38% equity stake in FSGE Renewable Power Private Limited for approximately Rs 6.3 crore. The SPV is developing a wind-solar hybrid project in Gujarat comprising 6.3 MW AC of wind capacity and 6.3 MWp DC…
SECI, MahaGenco REL sign MoU for up to 5 GW clean energy projects The Solar Energy Corporation of India Limited (SECI) and MahaGenco Renewable Energy Limited (MahaGenco REL), a wholly owned subsidiary of Maharashtra State Power Generation Company Limited (MAHAGENCO), have signed a Memorandum of Understanding (MoU) to jointly explore and develop renewable energy and…
Waaree Renewable raises 980 MWp solar EPC order value to Rs 1,045 crore Waaree Renewable Technologies Limited (WRTL) has received a scope enhancement worth Rs 30.91 crore under an existing EPC contract for a 980 MWp / 700 MWac solar power plant. The revision increases the total contract value to Rs 1,044.69 crore, inclusive of…