India Bondada Engineering wins Rs 627 crore BESS project in Andhra Pradesh Bondada Engineering Limited has received a Letter of Award from AP TRANSCO for a 225 MW or 450 MWh standalone battery energy storage system in Andhra Pradesh under a build-own-operate model. The project will be installed at the 400 or 220 kV Hindupur substation in Anantapur District. Execution has been set at 18 months from the date of the LoA, taking Bondada’s BESS…
India Inox Clean acquires 250 MWp solar portfolio from SunSource Energy Inox Clean Energy Limited, through Inox Neo Energies Limited, has purchased 250 MWp of operational solar assets from SunSource Energy Private Limited, a subsidiary of SHV Energy. The portfolio spans 13 states and supplies long-term power to commercial and industrial customers such as Britannia Industries and Hitachi Energy. Another ~50 MWp acquisition is being considered. The deal supports Inox Clean’s target to build 3…
India GREW Solar wins NTPC REL order to supply 1,464.5 MW solar modules GREW Solar has received a contract worth over Rs 2,000 crore from NTPC Renewable Energy Limited to supply 1,464.5 MW of high-efficiency solar PV modules for multiple projects in Uttar Pradesh. The company said the order reflects confidence in its manufacturing capability and quality systems. GREW Solar is expanding its Dudu facility to reach 11 GW of total capacity. The company has…
India PGCIL awards Rs 3.6 bn 765 kV transformer contract to BHEL Power Grid Corporation of India Limited has awarded Bharat Heavy Electricals Limited a Rs 3,618 million contract to supply 17 units of 765/400 kV, 500 MVA single phase transformers as part of a bulk procurement package. The contract relates to the 765 kV Transformer Package TTR-15/BULK and was awarded on 23 December 2025. BHEL secured the project as the lowest bidder in a…
India Waaree Energies announces CEO succession, subsidiary starts solar plant Waaree Energies Limited reported two major developments, including a leadership transition and expansion of manufacturing capacity. Its subsidiary, Waaree Power Private Limited, has started production at two solar inverter manufacturing lines at Sarodhi-Valsad, Gujarat, each with 1.525 GW capacity, totaling 3.05 GW. Operations began at 10:00 AM on 29 December 2025. Separately, CEO Amit Pathankar has resigned, with his last working day set as 15…
India A.P. Moller Capital to invest Rs 13.5 billion in renewable projects A.P. Moller Capital plans to invest up to Rs 13.5 billion in renewable projects developed by Rays Power Infra Limited. The funding will be channelled through project-specific special-purpose vehicles. It is expected to catalyse at least Rs 52 billion in overall capital expenditure. The company said the investment will support execution, strengthen revenue visibility and enable collaboration, marking A.P. Moller Capital Funds’ first…
India ACME Solar wins 130 MW RTC project from REMC ACME Solar Holdings Limited said it received a Letter of Award from REMC Limited for a 130 MW renewable energy round-the-clock project on 24 December 2025. The project was awarded to a domestic entity at a tariff of Rs. 4.35 per kWh, fixed for the full 25-year term. The company clarified that the disclosure was voluntary and does not qualify as a related party transaction….
India Waaree Energies announces US polysilicon investment Waaree Energies Limited informed stock exchanges that its wholly owned subsidiary Waaree Solar Americas Inc. has entered into a binding term sheet with United Solar Holding Inc. The agreement involves subscribing to approximately 5,368,551 Series B preferred shares for a total consideration of around USD 30,000,000. The transaction, executed on 18 December 2025, is aimed at strengthening Waaree’s long term and traceable polysilicon supply chain. The indicative completion…
India JSW Energy plans to expand Salboni thermal project to 3,200 MW JSW Energy said it plans to double the capacity of its Salboni thermal power project in West Bengal to 3,200 MW, with total investment expected to rise to around Rs 40,000 crore. The company is currently developing the first phase, a 1,600 MW ultra supercritical plant with two 800 MW units, which has already received environment clearance. The proposed expansion will be executed…
India ACME Solar appoints new CPO, secures Rs 4,725 crore financing ACME Solar Holdings Limited announced the appointment of Ayalur S Kumar as Chief Procurement and Supply Chain Officer on 17 December 2025. Kumar brings over 30 years of experience across renewable energy, electric vehicle infrastructure, and the power sector, with prior roles at Fortum, Skoda Power, ABB, and Alstrom. Separately, on 18 December 2025, ACME Solar disclosed a debt commitment of Rs 4,725 crore…