Vestas has signed a memorandum of cooperation (MoC) with Japan’s Ministry of Economy, Trade and Industry (METI) and separate memorandums of understanding with Nippon Express and DENZAI to support the expansion of wind power. Under […]
Envision Energy has secured a USD 600 million equivalent sustainability-linked syndicated term loan in Hong Kong, marking its largest non-project syndicated loan in the international offshore credit market. The 1+2 year facility was oversubscribed from […]
Total power generation stood at 149.71 BUs in December 2025. At around 49.52 BUs and 39.89 BUs, the central and state sectors respectively accounted for the major share in conventional power generation. Meanwhile, renewable energy […]
The electricity traded in the day-ahead market in January 2026 was 6,125.71 MUs at the IEX. The average market clearing price range was Rs 2.41-Rs 4.84 per unit at the IEX. The total volume traded […]
The Global Energy Alliance for People and Planet (GEAPP) has launched the India Grids of the Future Accelerator, a national platform through which the GEAPP will deploy up to $25 million to modernise power distribution, […]
Enerparc has launched Enerparc Power Trading Private Limited (EPTPL) as part of its expansion strategy to enter India’s power trading segment. The company plans to expand its services to help industrial consumers optimise power procurement. […]
Hartek’s Power Systems business unit has secured cumulative orders worth Rs 7.35 billion across the utility, independent power producer and industrial segments. The orders cover substation and transmission infrastructure in the 66 kV to 765 […]
GE Vernova has launched GridBeats APS, a new automation and protection system under its GridBeats portfolio, to help utilities modernise electrical substations and simplify grid operations as networks expand and operating requirements become more complex. […]
Maharashtra has spent Rs 248.89 billion on renewable energy in 2025-26 accounting for 9.8 per cent of the state’s total expenditure. The spending is aimed at supporting the state’s push to significantly increase the share […]
Bank of Baroda has raised Rs 100 billion through its inaugural seven-year green infrastructure bond issuance, aimed at financing renewable energy and energy-efficient infrastructure projects. The bonds were priced at 7.10 per cent and saw […]
Premier Energies has acquired 104,550 equity shares of HeliosAnthos Energies, increasing its stake to 51 per cent in the company’s paid-up equity share capital. The shares were allotted on a preferential basis through a private […]
Rajesh Power Projects Private Limited, a wholly owned subsidiary of Rajesh Power Services Limited, has signed a battery energy storage purchase agreement (BESPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) for the development of a […]
Chambery Power Private Limited has signed a memorandum of understanding (MoU) to develop the 2,100 MW Pimpalpada-Savale pumped storage project. The project will be developed across Pune and Raigad districts for Rs 102.17 billion. With […]
Hyundai Motor Group is set to invest USD 6 billion to develop a high-tech innovation hub in Saemangeum, Gunsan, focused on hydrogen production, artificial intelligence and renewable energy. The project will include a 200 MW […]
Electric Power Development Limited (J-POWER) has commenced commercial operations at the Kitakyushu Hibikinada Offshore Wind Farm in Japan. The project was awarded through a public tender by Kitakyushu City in February 2017. It is operated […]
The ramifications of the ongoing West Asia conflict on the global fuel supply chain have triggered fuel price spikes and supply shocks the world over. A key concern is the disruption of the critical energy […]
The finance minister has announced a set of measures in Union Budget 2026-27, spanning across higher customs duty reliefs, carbon capture support, transmission expansion for green corridors, public sector investments, and restructuring of non-banking financial […]
India’s renewable energy expansion is fundamentally reshaping the national power grid. Installed renewable capacity has crossed 180 GW, with an ambitious target of 500 GW by 2030. This scale-up is no longer defined by generation […]
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