More than 1.2 million households together earned ₹4.21 billion through the sale of surplus power in FY2024‑25, translating to an extra income of around ₹3,500 per year per household. The PM Surya Ghar: Muft Bijli Yojana (PMSGMBY), the world’s largest domestic rooftop solar programme, has crossed a landmark milestone with more than five million households...
Category: Power & New and Renewable Energy
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PM Modi Dedicates POWERGRID Transmission Projects for Clean Energy in Andhra Pradesh
These systems enable seamless evacuation of renewable energy from Kurnool and Ananthpuram to the National Grid. Prime Minister Narendra Modi on Saturday dedicated two transmission projects and laid the foundation stone for another of the state‑run transmission utility POWERGRID in Visakhapatnam, Andhra Pradesh, on August 1. The two commissioned projects include the transmission system for...
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AM/NS India Highlights Long‑Life Solar Infrastructure with Magnelis for 300 GW Ambition
Magnelis steel uses a patented zinc‑aluminium‑magnesium coating that delivers superior corrosion resistance with self‑healing properties. India’s renewable energy ambitions are advancing rapidly, with a target of 500 GW by 2030. Within this, solar capacity is expected to more than double from 135 GW to 300 GW. According to ArcelorMittal Nippon Steel India (AM/NS India), the challenge is not...
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RECPDCL Hands Over Ryapte Transmission SPV to Tata Power
Tata Power emerged as the successful bidder in the tariff‑based competitive process, with the project slated for completion in 30 months. REC Power Development and Consultancy Ltd (RECPDCL), a wholly owned subsidiary of power sector financier REC Ltd, handed over Ryapte Power Transmission Ltd, the project‑specific special purpose vehicle (SPV), to Tata Power Co. Ltd...
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India’s Rooftop Solar Push Accelerates as PM Surya Ghar Nears 5 Million Homes
The Government‑backed world’s largest domestic rooftop solar programme is currently adding 100,000 households every six days. With India’s PM Surya Ghar Muft Bijli Yojana (PMSGMBY) just days away from welcoming its five millionth customer, the world’s largest domestic rooftop solar programme is now adding 100,000 households every six days, according to data shared with Infrastructure...
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India Approves ₹50.7 Billion Scheme for Floating Solar Projects with Energy Storage
Union Minister Pralhad Venkatesh Joshi said the initiative would usher in a new era of clean energy by tapping the vast potential of India’s reservoirs and water bodies. The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Pradhan Mantri Surya Sarovar Yojana (PM‑SSY), a ₹50.7 billion scheme to develop floating solar photovoltaic (FSPV) projects integrated with...
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Tata Power Renewables Breaks Ground on 800 MW Hybrid Project in Andhra Pradesh
The project will generate annual lease income and create around 4,000 jobs across development, construction, and operations. Tata Power Renewable Energy Ltd (TPREL), a subsidiary of Tata Power and one of India’s leading clean energy companies, held the groundbreaking ceremony for its 800 MW renewable energy project in Kurnool, Andhra Pradesh, on Thursday. The project...
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RECPDCL Transfers Two Key Power Transmission SPVs to Power Grid and Terralight Solar
The successful bidders, chosen through tariff‑based competitive bidding, will develop the projects on a BOOT basis. REC Power Development and Consultancy Ltd (RECPDCL), a wholly owned subsidiary of power financier REC Ltd, handed over two project‑specific special purpose vehicles (SPVs) for inter‑state transmission projects to the respective successful bidders on July 29. The SPVs transferred...
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Inox Wind Wins ₹16 Billion Repeat Order from NLC India for 200 MW Project
The contract covers wind turbine supply, EPC, and post‑commissioning O&M services. Inox Wind Ltd, India’s leading wind energy solutions provider, has announced that it has secured a repeat 200 MW order from state‑owned power producer NLC India Ltd. The order, valued at approximately ₹16 billion, will be executed on a turnkey basis. Under the contract,...
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Vedanta Uses 4 Billion Units of Clean Energy in FY2026, Cuts Emissions
Renewable energy use rose nearly 450 per cent from FY2020‑21 levels, while emissions intensity across metals and mining fell about 14 per cent. Vedanta Group said it generated and utilised nearly 4 billion units of clean energy in FY2025‑26, reaffirming its commitment to nature‑positive growth. The company marked World Nature Conservation Day on Tuesday by...