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DJ Renewables and CleanMax to establish 400 MW renewable energy JV
DJ Renewables Pte. Ltd., a consortium between Osaka Gas Company Limited and Japan Bank for International Cooperation (JBIC), plans to form a joint venture (JV) with CleanMax Enviro Energy Solutions Private Limited to develop 400 MW of renewable energy projects in India. The JV company, named Clean Max Osaka Gas Renewable Energy Private Limited (CORE),…
KPI Green Energy secures UAE hybrid project and Adani Khavda orders
KPI Green Energy Limited announced on February 10, 2026 that it has received two new orders, covering an international hybrid solar-storage project in the United Arab Emirates and additional domestic works for the Khavda Hybrid Renewable Power Project in Gujarat. The international order has been secured by the company’s subsidiary, Sun Drops Energia Limited, from…
MHI mandates 100 per cent domestic content for key EV components
The Ministry of Heavy Industries (MHI) has mandated a 100% domestic content requirement (DCR) for 18 electric vehicle (EV) components across two-wheelers, three-wheelers, and e-buses. This requirement must be met for manufacturers to qualify for subsidies under the PM E-Drive programme. The phased manufacturing programme (PMP) eligibility criteria have been updated to ensure that original…
SWERL reports Rs 0.17 billion net profit in Q3 FY25
Sterling and Wilson Renewable Energy Limited (SWERL) posted a net profit of Rs 0.17 billion for the quarter ending December 2024, recovering from a net loss of Rs 0.62 billion in the same quarter last year. The company’s total income surged by 202.13% to Rs 18.43 billion during the quarter, compared to Rs 6.10 billion…
Tata Power and Bank of Baroda sign MoU to finance solar projects
Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has signed a Memorandum of Understanding (MoU) with Bank of Baroda to provide financing solutions for micro, small and medium enterprises (MSMEs) and commercial and industrial (C&I) customers adopting solar energy. Under the agreement, Bank of Baroda will extend loans for projects up to…
Telangana clears plan to procure 3 GW solar over five years
Telangana has approved the procurement of 3 GW of solar power over the next five years to support renewable energy integration and meet its Renewable Consumption Obligation under the Telangana Clean and Green Energy Policy, 2025. The process will run through competitive bidding overseen by the Telangana Green Power Procurement Coordination Committee. The state identified…
