Waaree Renewable Energy Technologies Limited (formerly Sangam Renewables Limited) has received a Letter of Intent (LoI) to develop a 105 MWp solar power project on an engineering, procurement, and construction (EPC) basis in India.
The LoI, valued at Rs 2,772 million, was awarded on January 20, 2025. The project is scheduled for completion in the financial year 2026.
Goa is considering a Rs 5,000 crore loan from the Japan International Cooperation Agency (JICA) to modernise its electricity network and improve reliability and efficiency across residential, commercial, and industrial consumers. The funding would support the replacement of ageing transmission and distribution equipment, including substations, transformers, and distribution lines, aiming to reduce technical losses and…
Indian Energy Exchange (IEX) traded 37,534 MU (37.5 BU) of electricity during the first quarter (Q1) of FY 2026-27, registering a 15.9% year-on-year increase. The growth was driven by higher electricity demand during a hotter-than-normal summer, with India’s peak power demand touching a record 270.8 GW in May 2026. Q1 performance India’s energy consumption reached…
The Western Regional Power Committee (WRPC) has given in-principle approval to a proposal by Power Grid Corporation of India Limited (Powergrid) to establish 750 MW/3,000 MWh of Battery Energy Storage Systems (BESS) at three interstate transmission system (ISTS) substations in Gujarat. The proposed systems will be installed at Bhuj, KPS-II and Banaskantha, with each location…
The survey for a proposed Nuclear Power Plant (NPP) near Arasinakeri Bear Sanctuary and Hirebenkala Megalithic sites in Koppal, Karnataka, has faced local opposition due to concerns over environmental impacts and the preservation of heritage sites. The proposed project aims to use 485.62 hectares of land in Gangavati taluk near Chikka Benakal. A report on…
Hindustan Zinc Limited, in collaboration with the Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR), has developed stable zinc-ion battery pouch cell prototypes aimed at large-scale renewable energy storage. The development marks progress in India’s indigenous research on alternative energy storage technologies. The collaboration focuses on addressing key technical challenges in zinc-ion batteries, including optimisation…
DEE Development Engineers Limited has announced that its wholly owned subsidiary, DEE Fabricom India Private Limited, has secured an order worth approximately Rs 64 crore, inclusive of GST, for the supply of windmill towers. The order has been awarded by Ganeko Solar Private Limited and was disclosed by the company to the stock exchanges on…