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NTPC halts FGD installations at five power plants
NTPC Limited has suspended the installation of flue-gas desulphurisation (FGD) systems at five of its under-construction thermal power plants, following a new notification from the Ministry of Environment, Forest and Climate Change (MoEFCC) issued on July 11, 2025. The affected projects, Lara-II, Singrauli-III, Sipat-III, Darlipalli-II, and Telangana-II, have a combined capacity of over 7 GW….
Aditya Birla and GACL partner for 62.7 MW hybrid project
Aditya Birla Renewable Energy Limited (ABREL) and its special purpose vehicle (SPV), Aditya Birla Renewables SPV 4 Limited, have signed a shareholder’s agreement with Gujarat Alkalies and Chemicals Limited (GACL) for a 62.7 MW wind-solar hybrid power project in Gujarat. The agreement was finalized on December 28, 2024. GACL will hold a 26% equity stake…
NHPC and IOCL sign MoU to form JV for renewable energy projects
NHPC Limited and Indian Oil Corporation Limited (IOCL) have signed a Memorandum of Understanding (MoU) to jointly develop renewable energy projects across India. The agreement was formalised on June 27, 2025. The two public sector undertakings will form a joint venture company to lead the development of clean energy assets. The focus will be on…
India’s renewable energy IPO landscape in 2025
India’s renewable energy sector saw strong activity in the public markets through 2025. Many companies filed draft papers, secured approval from the Securities and Exchange Board of India (SEBI), or closed successful public issues. Solar manufacturing companies lead the filing momentum The first part of the year saw many companies in solar manufacturing prepare for…
NERPC finalising SOP for regional spare transformers, private TSPs seek role
The North Eastern Regional Power Committee (NERPC) is finalising a National Power Committee (NPC)-approved Standard Operating Procedure (SOP) for the diversion of regional spare transformers and reactors, with private transmission service providers (TSPs) seeking formal participation in the framework. The revised draft SOP was discussed during the recent Operation Coordination Sub-Committee (OCC) meeting. Framework for…
Lending to renewable energy projects in India rises 63% in 2023
Lending to renewable energy (RE) projects in India surged by 63% in 2023, reaching Rs 302.55 billion, compared to the previous year, according to a report by the Centre for Financial Accountability. Solar energy accounted for 49% of the funding, with Rs 148.14 billion directed toward solar projects. Hybrid projects saw a 31% year-on-year increase,…
