Power Grid Corporation of India Limited (POWERGRID) has completed the acquisition of Mandsaur I RE Transmission Limited (MIRETL), a special purpose vehicle for the transmission project titled “Augmentation of transformation capacity and implementation of line bays at Mandsaur substation for RE interconnection” in Madhya Pradesh. The acquisition, finalised on October 8, 2025, follows POWERGRID’s selection…
Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) concluded its auction for a 1,000 MW/2,000 MWh standalone Battery Energy Storage System (BESS) project, recording the lowest price for such systems in India. The tariff-based competitive bidding saw rates between Rs 1.775 lakh and Rs 1.785 lakh per MW per month. Eleven winners were selected. Five companies…
Adani Green Energy Ltd, led by Indian billionaire Gautam Adani, has secured around $250 million from a consortium of international banks, marking its first foreign currency loan since a US Department of Justice indictment. The funding will be used to refinance existing debt. The credit is being provided by DBS Bank Ltd., DZ Bank, Rabobank,…
The Central Electricity Authority (CEA) has published two draft regulations for public consultation to modernize India’s power sector. The drafts focus on technical standards for renewable energy and battery storage projects, and a cyber security framework for the sector. Stakeholders can submit comments by November 7, 2025. The proposed Technical Standards (2nd Amendment) set guidelines…
The Ministry of New and Renewable Energy (MNRE) has issued an office memorandum to simplify the application and documentation process under its Waste to Energy Programme. Dated October 3, 2025, the move aims to speed up projects that generate power from urban, industrial, and agricultural waste. The revised process reduces paperwork for developers at all…
KP Group, through its subsidiary KPI Green Hydrogen and Ammonia, has signed agreements with Jeonbuk Province, GH2 Solar Limited, and AHES Co. Limited to advance water-based hydrogen production. The collaboration will focus on sharing technology expertise, developing large-scale green hydrogen projects, and promoting the clean fuel sector in India and abroad. Last month, KP Group…
The US Department of Energy (DOE) has terminated 321 financial awards linked to 223 projects, generating an estimated $7.56 billion in taxpayer savings. The decision follows a comprehensive review that found these projects did not meet national energy needs, lacked economic viability, and were unlikely to deliver a positive return on public funds. The awards…
Insolation Energy’s subsidiary, Insolation Green Energy Pvt. Ltd., has incorporated sixteen special purpose vehicles (SPVs) over two phases to support renewable energy initiatives. On September 30, 2025, eleven entities were formed: DVJG Green Infra Pvt. Ltd., GDRV Green Infra Pvt. Ltd., GNJM Green Infra Pvt. Ltd., GVHJ Green Infra Pvt. Ltd., HPJG Green Infra Pvt….
Virudhunagar leads Tamil Nadu’s districts with the highest solar potential at 204,765 MWp, equivalent to around 205 GW. Ground-mounted solar potential is estimated at 24 GW in Virudhunagar, 13 GW in Trichy, and 12 GW each in Tirunelveli and Tuticorin, with other districts below 10 GW. A 50 MW SPV plant requires approximately 0.29 km²…
Adani Green Energy Limited (AGEL), through its step-down subsidiaries, has commissioned an aggregate of 112.5 MW of power projects at Khavda, Gujarat. The plants were operationalised on September 30, 2025. Additionally, Adani Hybrid Energy Jaisalmer Five Limited, a wholly owned step-down subsidiary of AGEL, commissioned an additional 50 MW solar and 31.2 MW wind power…