Waaree Energies Limited has received orders to supply solar photovoltaic (PV) modules for two projects totalling 398 MW.
The orders, awarded by a prominent renewable power developer in India, include 298 MW and 149 MW of solar PV modules.
SWELECT Energy Systems Limited has announced that its wholly owned subsidiary, SWELECT SolarKraft Private Limited, has entered into an agreement to acquire a 49% equity stake in Gridnex Solar Power Private Limited for Rs 4.31 crore in an all-cash transaction. The acquisition will be carried out through a Share Purchase and Shareholders Agreement and is…
Tata Power Trading Company Limited (TPTCL) has secured a contract from Power Grid Corporation of India Limited (PGCIL) for the sale of power from the 85 MW/105 MWp Nagda Solar Power Project in Madhya Pradesh. Bids for the contract were invited by PGCIL in November 2024. The scope includes selling the power procured from the…
Gujarat Urja Vikas Nigam Limited (GUVNL) has awarded 306 MW of wind power capacity to four developers, finalising a competitive tender process initiated in September 2025. The tariffs discovered in this auction are notably lower than those in the utility’s previous wind procurement round. The allocation followed a three-month evaluation period for GUVNL’s 250 MW…
Federal Bank has partnered with Ecofy, a green-focused NBFC backed by Eversource Capital, to offer financing solutions for MSMEs investing in rooftop solar installations. The program targets financing 3,600 kW of rooftop solar annually, focusing on installations in the 20-200 kW range, a segment often underserved by lenders. This initiative is expected to reduce over…
Tamil Nadu Green Energy Corporation Limited (TNGECL) plans to develop 100 MW cumulative wind-solar hybrid power projects in the state. The projects are expected to be set up on a design, build, own, operate, and transfer (DBOOT) basis in Thoothukudi and Kanyakumari districts. TNGECL is preparing a detailed project report (DPR) for the initiative.
Power Grid Corporation of India Limited (PGCIL) has received Letters of Intent (LoI) for two major transmission projects. These include the transmission system under ISTS for evacuating power from Kudankulam Nuclear Power Plant Units 3 and 4 (2×1000 MW) and the system strengthening at Koppal-II and Gadag-II for integrating renewable energy (RE) generation projects in…