Power Sector News

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…

India Vikram Solar names Arun Mittal as CEO of VSL Powerhive Vikram Solar has appointed Arun Mittal as CEO of VSL Powerhive Private Limited to support its entry into the energy storage market as module capacity reaches 9.5 GW. VSL Powerhive will focus on battery storage as part of the company’s plan to operate as an integrated energy transition firm. Mittal brings more than thirty years of experience from Exide Industries and Lohum Cleantech.Vikram Solar…

India Adani Green forms two new renewable energy subsidiaries Adani Green Energy has created two wholly owned subsidiaries to support its expansion in renewable power. Urjasetu Renewables and Hydrobloom Power were incorporated on 02 December 2025 under Adani Renewable Energy Holding Eleven. Each entity has authorised and paid up capital of Rs 1,00,000 and neither has started operations. Both will undertake power generation and related activities using renewable sources and are fully held by AREH11L….

India Telangana outlines net zero roadmap for 2047 Telangana has set out a detailed plan to reach net zero emissions by 2047 under the Telangana Rising 2047 vision. The strategy links climate goals with the state’s plan to become a USD 3 trillion economy and calls for major investments in renewable energy, industrial decarbonization, electric transport, and sustainable agriculture. The state has 11,399 MW of renewable capacity and plans to add 20,000 MW by 2030,…

India: MNRE proposes higher efficiency norms for ALMM solar modules The Ministry of New and Renewable Energy has issued a draft plan to raise minimum efficiency levels for solar PV modules listed under the Approved List of Models and Manufacturers. The proposal introduces phased standards from January 1, 2027 and tighter levels from January 1, 2028. Category I utility scale c Si modules would need 21.0 percent in 2027 and 21.5 percent in 2028, while…

India Laser Power & Infra secures Rs 836 crore order under RDSS Laser Power and Infra Ltd has received three orders worth Rs 836 crore under the Revamped Distribution Sector Scheme. NTPC and two state discoms placed the mandates for work in Uttar Pradesh, Jammu and Kashmir, and Rajasthan. The largest order of Rs 422.11 crore came from Kanpur Electricity Supply Company. NTPC awarded a Rs 212.06 crore project for the Udhampur and Reasi circles….

India Pace Digitek subsidiary wins BESS order for Bihar power project Lineage Power Private Limited, a material subsidiary of Pace Digitek Limited, has secured a BESS order from Larsen and Toubro Construction for the Bihar State Power Generation Company Limited project in Kajra. The contract includes LiFePo4 liquid cooling BESS containers valued at Rs 1,994.20 million. It covers 55 units with a total capacity of 275,825 kWh, with manufacturing clearance expected by December 2025 and…

India ACME Solar signs PPA with SECI for 200 MW solar ESS project ACME Solar’s subsidiary has signed a 200 MW solar and storage PPA with SECI at a tariff of Rs 3.42 per kWh. The PPA will run for 25 years and aims to supply power during solar and peak hours. It completes ACME’s 350 MW award from July 2024. The company now has PPAs covering 5.38 GW with 2,934 MW operational and 4,456…

India Adani Green Energy sets up two new hydro energy subsidiaries Adani Green Energy Limited has set up two step down subsidiaries to expand its renewable portfolio. Adani Hydro Energy Thirteen Limited and Adani Hydro Energy Sixteen Limited were incorporated on 21 November 2025 and are fully owned by Adani Saur Urja KA Limited. AGEL informed the exchanges on the same date. The entities will focus on renewable generation and related activities across wind, solar…