Oswal Pumps Limited has received a letter of award from North Bihar Power Distribution Company Limited (NBPDCL) for the design, supply and installation of 20 MW of grid-connected rooftop solar capacity across 18,089 consumer sites in the Darbhanga Circle of Bihar. The project is being implemented under the PM Surya Ghar – Muft Bijli Yojana…
Solex Energy Limited has received a work order worth Rs 42.47 crore, including taxes, from a domestic private limited company engaged in the power and electricity sector for the supply of N-Type TOPCON 620Wp glass-to-glass (G12R) solar photovoltaic (PV) modules. The order is scheduled for execution in October 2026 and adds to Solex Energy’s recent…
Saatvik Green Energy Limited’s material subsidiary, Saatvik Solar Industries Private Limited, has received and accepted two orders worth a combined Rs 608 crore for the supply of solar photovoltaic (PV) modules. The larger order, valued at Rs 476 crore, has been awarded by Vikran Engineering Limited and is scheduled for execution by March 2027. The…
Powertrac has commissioned 50 MW of distributed renewable energy capacity in Gujarat under the Distributed Renewable Energy-Based Power (DREBP) scheme, completing the second phase of its project development programme in the state. The commissioned portfolio comprises 11 kV Independent Power Producer (IPP) projects. The addition takes Powertrac another step towards its target of building an…
ACME Solar Holdings Limited has fully redeemed its offshore dollar bonds through domestic refinancing, completing the repayment of Rs 2,147 crore in Non-Convertible Debentures (NCDs) issued by 12 operational special purpose vehicles (SPVs) representing a cumulative capacity of 450 MW. The redemption forms part of a broader refinancing programme under which ACME Solar has raised…
UltraTech Cement Limited has agreed to acquire a 26% equity stake in Solaris Horizon Energy Private Limited, a special purpose vehicle developing a 91 MWp DC / 65 MW AC solar project in Chhattisgarh. The cash transaction is valued at up to Rs 27.75 crore and is intended to support UltraTech’s green energy requirements, optimise…
Scatec ASA has reached Commercial Operations Date (COD) for the second and final phase of its 1.1 GW Obelisk solar and 100 MW/200 MWh battery storage project in Egypt, bringing the full project into commercial operation. The Obelisk project was developed in two phases. The first phase comprises 561 MW of solar capacity and the…
India’s installed non-fossil fuel-based electricity generation capacity crossed 300 GW as of July 31, 2026, reaching 300.50 GW, according to the Ministry of New and Renewable Energy (MNRE). The milestone represents more than 60% of the country’s 500 GW non-fossil capacity target for 2030. Non-fossil sources now account for more than 54% of India’s total…
SJVN Limited has achieved the Commercial Operation Date (COD) of its 75 MW Jamui Solar Power Project in Bihar, adding 75 MW of solar capacity to its renewable energy portfolio. The project has been developed through SJVN’s wholly owned subsidiary, SJVN Green Energy Limited (SGEL). The project is expected to generate approximately 90 million units…
NHPC Limited has received bids from 10 companies for developing the electrical infrastructure needed to evacuate power from a 1,200 MW solar power park in Jalaun district, Uttar Pradesh. The tender covers the construction of three 33/400 kV pooling substations, which will aggregate electricity generated within the solar park before it is transferred to higher-voltage…