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Hero Future signs PPA with SECI for 270 MW solar project with storage
Hero Future Energies (HFE) has signed a 25-year power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) for setting up 270 MW of Inter-State Transmission System (ISTS)-connected solar power projects. The project will also include a 135 MW/540 MWh energy storage system (ESS) under Tranche-XVII, marking a significant step in India’s renewable…
Gautam Solar to expand in South India with launch of TOPCon solar modules
Gautam Solar is set to expand its footprint in South India by launching TOPCon solar modules from its newly established warehouses in Karnataka and Kerala. These advanced facilities are designed to ensure efficient distribution and easy accessibility of high-quality solar panels across key locations in Kerala, Karnataka, Tamil Nadu, and Andhra Pradesh. The initiative targets…
CESC signs PPA for 300 MW ISTS-connected hybrid project
CESC Limited has signed a 25-year power purchase agreement (PPA) with Bhojraj Renewables Energy Private Limited on April 28, 2025. Bhojraj Renewables is a subsidiary of Purvah Green Power Private Limited, which is wholly owned by CESC. The agreement covers the development of 300 MW Inter-State Transmission System (ISTS)-connected wind-solar hybrid power projects across India….
Power Ministry proposes credit trading system under CAFE fuel efficiency norms
The Ministry of Power (MoP) has released two draft notifications proposing major changes to India’s Corporate Average Fuel Efficiency (CAFE) framework for M1 category passenger vehicles. The proposals introduce a credit trading mechanism for the current compliance regime and lay down stricter fuel efficiency requirements for the period beginning April 1, 2027. The draft notifications…
NHPC and GGGI join forces to promote clean energy
NHPC Limited has signed a Memorandum of Understanding (MoU) with the Global Green Growth Institute (GGGI) to collaborate on advancing clean energy solutions, including agrivoltaics, green hydrogen, and sustainable financing. The partnership aims to address climate challenges and accelerate India’s low-carbon transition by integrating renewable energy with agriculture, developing green hydrogen projects, and boosting investments…
IREDA and Waaree Renewable report profit growth in 2024–25
Indian Renewable Energy Development Agency Limited (IREDA) has posted a net profit of Rs 16.98 billion for 2024–25. This marks a 35.62 per cent rise from Rs 12.52 billion in the previous year. The company’s total income increased by 36.07 per cent to Rs 67.56 billion, up from Rs 49.65 billion in 2023–24. Waaree Renewable…
