Tamil Nadu has set a target of raising the share of renewable energy in its power mix to 50% by 2031, while expanding generation capacity and strengthening transmission and distribution infrastructure to meet rising electricity demand from industry, agriculture and transport. As of July 1, 2026, the state had 46,846 MW of installed power capacity….
The Ministry of New and Renewable Energy (MNRE) has advised renewable energy implementing agencies to consider granting time extensions of up to four months to renewable power projects affected by disruptions arising from the West Asia situation. The advisory, dated August 21, 2026, follows representations from project developers seeking blanket extensions and builds on an…
The Delhi Development Authority’s (DDA) approved Master Plan for Delhi 2047 (MPD-2047) proposes wider deployment of renewable energy across the national capital, with solar power identified as a key component of Delhi’s future energy mix. The plan proposes exploring existing canals and drains, including a section of the Najafgarh drain, for solar power generation wherever…
Oriana Power Limited has received and accepted a Letter of Award (LOA) from Bellwether Energy Pvt. Ltd. and its group entities for Engineering, Procurement, and Construction (EPC) services for ground-mounted solar projects with a total contracted capacity of 25.138 MW / 31.423 MWp in Bihar. The aggregate order value is approximately Rs 94.51 crore, inclusive…
Saatvik Green Energy Limited has announced that its material subsidiary, Saatvik Solar Industries Private Limited, has received and accepted a Rs 190 crore order from a renowned independent power producer/EPC player for the supply of solar photovoltaic (PV) modules. The domestic commercial order is scheduled to be executed by March 2027. The company said neither…
Saatvik Green Energy Limited is expanding into the power transformer and power electronics market following its acquisition of Melcon, with a target of capturing 8-10% of India’s domestic transformer market over the next three to four years. The domestic transformer market is currently estimated at Rs 30,000 crore and is projected to reach Rs 55,000…
Advait Greenergy Private Limited, a material subsidiary of Advait Energy Transitions Limited, formerly Advait Infratech Limited, has received a turnkey engineering, procurement and construction (EPC) contract from KPI Green Energy Limited for a 200 MW ground-mounted solar project in Bikaner, Rajasthan. The order was awarded on August 17, 2026. Valued at Rs 116 crore excluding…
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved 30 Power Purchase Agreements (PPAs) covering a cumulative 82.2 MW of grid-connected solar power projects under the feeder-level solarization initiative of the Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM KUSUM) Scheme. In orders dated August 11, 2026, the Commission adopted tariffs discovered through the…
SWELECT Energy Systems Limited reported a 362.5% year-on-year increase in standalone profit after tax (PAT) to Rs 1,867.81 lakh for the quarter ended 30 June 2026, supported by higher revenue and cost controls. Standalone revenue from operations increased 82% year-on-year to Rs 11,948.55 lakh, while total income rose 71.2% to Rs 13,085.86 lakh. Standalone earnings…
Inox Clean Energy Limited, the integrated renewable energy platform of the INOXGFL Group, has secured an investment commitment of Rs 1,500 crore from the Motilal Oswal Group, with an initial tranche of Rs 1,000 crore already completed. The investment has been raised through Compulsorily Convertible Debentures and will support Inox Clean Energy’s growth plans, with…