|

Lloyd Metals to invest in wind-solar hybrid projects in Maharashtra

By

Lloyd Metals and Energy Limited is expanding its renewable energy portfolio. The company’s Board of Directors has approved signing a Share Subscription and Shareholders Agreement (SSSHA) with Hexa Climate Solutions Private Limited. Under this agreement, Lloyd Metals will invest Rs 120 million in Hexa Energy W2 Private Limited and Rs 100 million in Hexa Energy MH3 Limited. These are special purpose vehicles (SPVs) of Hexa Climate. In return, Lloyd will acquire a 26 per cent…

|

Adani Green forms new subsidiary for RE projects

By

Adani Saur Urja (KA) Limited, a wholly owned subsidiary of Adani Green Energy Limited (AGEL), has incorporated a new entity—Adani Hydro Energy Ten Limited (AHE10L). The new company will support AGEL’s growing renewable energy portfolio across India. AHE10L has been set up to undertake the generation, development, transformation, distribution, transmission, and sale of power from renewable energy sources. These include wind, solar, and other non-fossil fuel-based technologies. The move aligns with Adani Green’s strategy to…

|

Enviro Infra Engineers acquires full stake in Sunaxis Renewables

By

Enviro Infra Engineers Limited has approved the acquisition of a 100 per cent equity stake in Sunaxis Renewables Private Limited from its wholly owned subsidiary, EIE Renewables Private Limited. Following the transaction, Sunaxis Renewables will become a step-down wholly owned subsidiary of Enviro Infra Engineers. Sunaxis Solar Power Private Limited focuses on solar solutions for industrial operations. With over 30 years of experience, the company has executed more than 200 MW of solar projects and…

|

IMFA signs PPA with Ampin Energy for hybrid renewable supply

By

Indian Metals & Ferro Alloys Limited (IMFA) has signed a long-term power purchase agreement (PPA) with Ampin Energy Utility One Private Limited for a contracted demand of 40 MW of hybrid renewable power. The agreement has been signed for 25 years. The hybrid project will include 58 MW of solar and 58 MW of wind capacity. This agreement follows a binding term sheet signed on February 25, 2025. Earlier, in December 2024, IMFA entered into…

|

Centre launches transmission projects in Gujarat

By

The Union Government has laid the foundation stone for two major transmission projects for the evacuation of renewable energy from the Khavda region in Gujarat. The first project is the Transmission System for Evacuation of Power from potential renewable energy zone in Khavda area of Gujarat under Phase-V (8 GW): Part A. The second project is the Transmission system for evacuation of additional 7 GW RE power from Khavda RE park under Phase-III Part B….

|

NLC and MAHAPREIT form JV to develop 5,000 MW RE in Maharashtra

By

NLC India Renewables Limited (NIRL), a subsidiary of NLC India Limited, has signed a joint venture agreement with Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT). The agreement was formalised on May 29, 2025. The joint venture company will develop 5,000 MW of renewable energy projects across Maharashtra. These will include solar parks, wind projects, hybrid systems, floating solar installations, battery energy storage systems (BESS), and pumped storage projects (PSPs). As part of Phase-I,…

|

Telangana targets 20,000 MW green energy by 2029-30 in 50-year power plan

By

The Telangana government is developing a 50-year power generation plan with a near-term target of installing 20,000 MW of green energy capacity by 2029–30. The roadmap aims to align future capacity expansion with increasing electricity demand and evolving technology trends, while improving energy security and reducing emissions. As per the Resource Adequacy Plan for the State of Telangana released by the Central Electricity Authority (CEA), the state’s electricity demand is projected to grow at a…

|

Gujarat to invest Rs 290 billion in Green Energy Corridor III project

By

The Government of Gujarat is set to invest Rs 290 billion in the Gujarat Green Energy Corridor III (GEC-III) project. The initiative aims to transmit 16,500 MW of renewable energy across the state by strengthening grid connectivity from major renewable energy zones. The project will link renewable energy zones (REZ) in Kutch, Jamnagar-Bet Dwarka, Banaskantha-Patan, and parts of central Gujarat. The transmission infrastructure includes 3,430 circuit km (ckm) of lines connected through six 765 kV…

|

Northeast to lead India’s energy future with Rs 4.3 trillion investment interest

By

At the Rising North East Investor Summit 2025, energy emerged as a key pillar of India’s development push in the region. Held from May 23–24 in New Delhi and inaugurated by Prime Minister Narendra Modi, the summit saw investment proposals worth Rs 4.3 trillion across multiple sectors, with energy and infrastructure drawing strong interest. Among major commitments, Mukesh Ambani announced Rs 75,000 crore for agriculture, digital services, and local enterprise development. Gautam Adani pledged Rs…

|

NTPC, GUVNL, and HESCOM issue bids for over 1.1 GW RE projects

By

NTPC Green Energy Limited (NGEL), a fully owned subsidiary of NTPC Limited, re-invited bids on May 23, 2025, for the Balance of System (BoS) package to develop 600 MW of Inter-State Transmission System (ISTS)-connected wind power projects in Kurnool, Andhra Pradesh. The bid submission deadline is June 26, 2025. This follows an earlier tender issued in November 2023 for 1,200 MW of ISTS-connected wind projects, with a greenshoe option of 300 MW. The current scope…