Waaree Renewable Technologies Ltd. has received a term sheet to execute the Engineering, Procurement, and Construction (EPC) of a 2012.47 MWp DC ground-mounted solar photovoltaic project.Â
The project is valued at approximately Rs 12.33 billion, excluding levies.
For years, the Tariff-Based Competitive Bidding (TBCB) route for transmission projects followed a predictable pattern. Power Grid Corporation of India Limited (PowerGrid) would win the majority of projects. Private players would win some. The overall balance remained broadly stable. The latest data from the Central Electricity Authority (CEA) suggests that the pattern is changing. Consider…
The Government of Telangana has inaugurated Unit 2 of the Damaracherla (Yadadri) Power Project. The project, being implemented by Telangana State Power Generation Corporation Limited (TSGENCO), is located at Damaracherla (Yadadri) mandal in Nalgonda district. With an investment of Rs 299.65 billion, the project will feature five units, each with a capacity of 800 MW. Â
Alpex Solar Limited has approved the expansion of its proposed solar cell manufacturing facility in Kosi Kotwan, Uttar Pradesh, from 1.6 GW to 2.2 GW. The company will also adopt advanced G12R tunnel oxide passivated contact (TOPCon) technology as part of the upgrade. The total capital expenditure for the expansion and technology transition is estimated…
Jakson Green plans to invest up to Rs 86.66 billion over the next four years to expand its renewable energy portfolio. The investment will be financed through a mix of debt and equity as the company strengthens its position in the sector. Originally focused on diesel generator manufacturing, Jakson Green has diversified into renewable energy…
Solex Energy has started commercial production at its 2.2 GW solar module facility in Surat. The company confirmed in a regulatory filing that production began on November 24, 2025. Managing Director Chetan Shah recently outlined the company’s plan to shift from TOPCon to TOPCon Plus and back contact technology. He said this move supports Solex…
Inox Clean Energy Limited (Inox Clean), through its subsidiary Inox Neo Energies Limited (Inox Neo), has acquired 250 MWp of operational solar projects from SunSource Energy Private Limited (SunSource), a subsidiary of Netherlands based SHV Energy. A further ~50 MWp acquisition is under review. The projects, located across 13 states, supply power under long-term agreements…