This translates to approximately $641 per metric tonne, which is a substantial drop from the previously discovered price of ₹100.28 per kg in the H2Global auction in 2024. In a first under the National Green Hydrogen Mission, the Solar Energy Corp. of India (SECI) has completed the procurement of green ammonia at a significantly lower...
Category: Power & New and Renewable Energy
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Tata Power Profit Rises 6% in Q1 FY2026 on Strong Renewable and Distribution Gains
State-level infrastructure mandates and clean energy projects drive revenue and operational momentum across Tata Power’s business verticals. Tata Power, India’s largest vertically integrated power company, reported a consolidated profit after tax (PAT) of ₹12.62 billion for Q1 FY2026, marking a 6 per cent year-on-year increase. The company’s revenue rose to ₹174.64 billion, up 4 per...
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Suzlon Wins 381 MW Order for Zelestra’s First FDRE Wind Project in India
Suzlon’s wind energy initiative, comprising 127 S144 turbines, will be deployed across Maharashtra, Madhya Pradesh, and Tamil Nadu. Suzlon Group, India’s leading wind solutions provider, has secured a 381 MW order from Zelestra India and its affiliates, marking a strategic milestone in the vertically integrated clean energy company’s journey with its first firm and despatchable...
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India Extends ALMM Guidelines to Wind Energy Components, Tightens Cybersecurity Framework
The amendment also mandates the domestic location of R&D centres, data hubs and servers to fortify the cybersecurity infrastructure. In a bid to further strengthen India’s wind energy sector, the Ministry of New & Renewable Energy (MNRE) has renamed the Revised List of Models and Manufacturers of Wind Turbines (RLMM) to the Approved List of...
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India’s MNRE Revises Solar Cell ALMM Rule to Support Domestic Bids
The adjustment is expected to streamline compliance and provide greater clarity for bidders participating in government tenders. The Ministry of New & Renewable Energy (MNRE) has amended its guidelines for the Approved List of Models & Manufacturers (ALMM) for solar photovoltaic (PV) cells. Under the revision, the mandate to use domestically listed PV cells will...
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India’s ₹35 Trillion Energy Push Hinges on States, Says Puri at Urja Varta
The Union Minister for Petroleum and Natural Gas called on states to step forward with leadership and initiative to capitalise on the opportunities arising from India’s energy transformation. The Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, has called on states to take the lead in India’s energy transformation, urging them to capitalise...
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Solar Now Far Cheaper Than Conventional Energy as Tariffs Fall: Joshi
The Union Minister for New & Renewable Energy spotlighted India’s investor-friendly clean energy policies as a driving force in the global energy transition at a renewable energy summit in Mumbai. Speaking a day after India surpassed 44 per cent non-fossil fuel capacity, reaching its 2030 target five years ahead of schedule, Prahlad Venkatesh Joshi, Union...
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India Surpasses Clean Energy Goal with 50% of Grid Now Powered by Non-Fossil Sources
Despite having one of the lowest per capita emissions globally, India remains among the few G20 countries that are on track to meet, or even exceed, commitments made at the Paris Climate Agreement. India, the world’s fastest-growing renewable energy market, achieved 50 per cent of its installed electricity capacity from non-fossil fuel sources a full...
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Invest in IREDA Bonds to Support India’s Green Energy Transition and Save Tax
Bonds issued by the Indian Renewable Energy Development Agency (IREDA) on or after 9 July 2025, and redeemable after five years, will now qualify for capital gains tax exemption under Section 54EC of the Income Tax Act, 1961, according to a government notification. The Indian Renewable Energy Development Agency (IREDA) has secured a significant policy...
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Tata Sons’ Chandrasekaran Outlines Energy Transition Runway Amid Group’s Moment of Reflection
Chandrasekaran said that as one of India’s biggest integrated power players, the group company Tata Power was well-equipped to play a leadership role in the country’s transition to clean energy sources. In times of crisis, true leaders rise to the occasion. Natarajan Chandrasekaran, Chairman of Tata Sons, did just that by making India’s great energy...