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…
India APAR Industries announces leadership change in Cable Solutions APAR Industries Limited reported a leadership transition in its Cable Solutions division following the resignation of its Chief Executive Officer. Mr Shashi Amin stepped down from the role with effect from the close of business hours on 12 December 2025 to pursue opportunities outside the organisation. The company appointed Mr Chandrashekhar Shrotri as the new Chief Executive Officer with effect from 04 December 2025. Mr Shrotri…
India CEA issues draft SOP for mandatory third-party fire safety audits of BESS The Central Electricity Authority has issued a draft Standard Operating Procedure for mandatory third party fire safety audits of Battery Energy Storage Systems. Stakeholder comments are open until 11 January 2026. The draft outlines audit frequency, responsibilities of system owners and auditors, and minimum qualification requirements. It aims to reduce fire risks and improve safety across grid connected storage installations. CTUIL releases…
India CTUIL issues draft procedure for changing declared renewable energy source The Central Transmission Utility of India Limited released a draft procedure that defines how projects can change their declared renewable energy source after receiving grid connectivity approval. CTUIL has invited comments by 27 December 2025. The draft was published on 11 December 2025 under the Central Electricity Regulatory Commission Connectivity and General Network Access Regulations 2022. It applies to projects with or without Energy…
India ACME Solar appoints new EPC president ACME Solar Holdings Limited has appointed KR Thiyagarajan as President of its EPC division. He will report to the Chief Executive Officer, and Harjinder Kamboj will now report to him. Thiyagarajan brings more than 35 years of experience and will lead project execution and technology integration. The company said the changes support its plan to reach 10 GW by 2030. Waaree Energies forms new subsidiary for IPP project…
India AMPIN secures investment from FMO for renewable project expansion FMO has invested 50 million dollars in AMPIN Energy Transition to support new greenfield renewable projects in India. The funding aligns with FMO’s climate strategy and AMPIN’s domestic growth plans. AMPIN said the support will help scale renewable systems and strengthen environmental and social standards. FMO said the fully green facility will meet AMPIN’s capital expenditure needs and aid deployment across customer segments. Diamond Power…
India JK Cement raises stake in O2 Renewable Energy V JK Cement bought an additional 12.21 per cent stake in O2 Renewable Energy V for about Rs 0.05 billion, raising its total holding to 28.97 per cent. The company acquired 46,45,658 shares from JSW Neo Energy at Rs 11.18 each. The higher stake strengthens its position in a 22 MW Karnataka wind project that supplies power to JK Cement and other users. The asset is…