Category: Power & New and Renewable Energy

Post
India Set to Tap Hidden Heat: Geothermal Policy Targets Energy Security and Net Zero by 2070

India Set to Tap Hidden Heat: Geothermal Policy Targets Energy Security and Net Zero by 2070

The policy lays out a comprehensive framework to advance geothermal utilisation through targeted research, inter-ministerial coordination, and global best practices, with regulatory and stewardship responsibilities entrusted to the Ministry of New and Renewable Energy. The central government has notified the National Policy on Geothermal Energy (2025) as part of its strategy to achieve the ambitious...

Post
TPREL Awards 838 MW Wind Turbine Contract to Suzlon for FDRE Projects Across India

TPREL Awards 838 MW Wind Turbine Contract to Suzlon for FDRE Projects Across India

This marks Suzlon’s second-largest order to date and reflects the growing importance of Firm and Dispatchable Renewable Energy projects in accelerating India’s clean energy transition. Tata Power Renewable Energy Ltd (TPREL), a subsidiary of The Tata Power Co. Ltd, has awarded a contract to the Suzlon Group for the supply of wind turbine generators totalling...

Post
Khattar Calls for Unified Reforms to Safeguard Fiscal Health of Power Distribution Sector

Khattar Calls for Unified Reforms to Safeguard Fiscal Health of Power Distribution Sector

Union Minister for Power Manohar Lal Khattar chaired the fifth meeting of the high-level ministerial group in New Delhi, convened to deliberate on structural reforms aimed at restoring the viability of India’s power distribution utilities. Union Minister for Power, Manohar Lal Khattar, has called for a coordinated reform strategy involving the centre, state governments and...

Post
ICRA Keeps Power Distribution Sector on Negative Watch as Discom Debt Mounts

ICRA Keeps Power Distribution Sector on Negative Watch as Discom Debt Mounts

The rating agency further expects the Supreme Court’s recent directive for all state electricity regulatory commissions to liquidate legacy regulatory assets will trigger steep tariff hikes across several states, necessitating state government support for effective implementation. Rating agency ICRA has retained a negative outlook on India’s power distribution sector, citing weak operational efficiencies, inadequate tariff...

Post
Vikram Solar Secures 200 MW Module Order from AB Energia for C&I Projects Across Three States

Vikram Solar Secures 200 MW Module Order from AB Energia for C&I Projects Across Three States

The modules, rated at 590 Wp and above, will be deployed across Maharashtra, Madhya Pradesh, and Gujarat, three states driving India’s clean energy transition with progressive solar adoption. Vikram Solar, one of India’s leading solar PV module manufacturers, has announced a 200 MW order from AB Energia Solutions Pvt. Ltd., a specialist in turnkey engineering,...

Post
Maharashtra Farmers Gain Daytime Irrigation Boost from Avaada’s Solar Push

Maharashtra Farmers Gain Daytime Irrigation Boost from Avaada’s Solar Push

The state government-led initiative under the Mukhyamantri Saur Krushi Vahini Yojana (MSKVY) aims to provide farmers with reliable daytime electricity for irrigation while accelerating the shift to decentralised clean energy. Mumbai-headquartered Avaada Group has commissioned 11 solar power projects in Maharashtra’s Yavatmal district under the Mukhyamantri Saur Krushi Vahini Yojana (MSKVY) 2.0. The state-led initiative...

Post
India Sets 2028 Target for Swadeshi Solar Cells, Eyes Full Domestic Value Chain: Pralhad Joshi

India Sets 2028 Target for Swadeshi Solar Cells, Eyes Full Domestic Value Chain: Pralhad Joshi

The New and Renewable Energy Minister confirmed that, following requests from chief ministers for additional allocations under the PM-KUSUM scheme, its second phase will be launched after the current phase concludes in March 2026. India is advancing towards a fully indigenous solar manufacturing ecosystem, with a target to produce Swadeshi solar cells by 2028, Union...

Post
GST 2.0 to Unlock Liquidity and Lower Capital Costs for Renewables: Oyster Energy MD

GST 2.0 to Unlock Liquidity and Lower Capital Costs for Renewables: Oyster Energy MD

Recent GST cuts are set to unlock liquidity and lower capital costs for renewable energy developers, says Siddharth Bhatia, Managing Director of Mumbai-based independent power producer Oyster Renewable Energy, in conversation with INFRASTRUCTURE TODAY’s Manish Pant. He argues that these reforms—if aligned with Make in India priorities—could accelerate project execution and attract foreign capital. Bhatia...

Post
Inox Neo Energies to Acquire 640 MW Wind-Solar Hybrid Portfolio from Evergreen Group

Inox Neo Energies to Acquire 640 MW Wind-Solar Hybrid Portfolio from Evergreen Group

This strategic acquisition marks a significant milestone in Inox Clean’s expansion of its renewable energy footprint through the acquisition of projects implemented via SPVs held by the Evergreen Group. Inox Clean Energy Ltd’s renewable independent power producer (IPP) subsidiary, Inox Neo Energies Ltd, has executed definitive agreements with Evergreen Power Mauritius Pvt Ltd and Evergreen...

Post

Vikram Solar Posts Record Q1 FY26 Performance; Plans 4x Capacity Scale-Up

The company now sets its sights on a fourfold capacity expansion, marking the next phase of its transformational growth journey. Vikram Solar Ltd, one of India’s leading photovoltaic module makers, has reported its strongest-ever quarterly performance for the first quarter of FY2026, with significant growth across revenue, profitability, and margins. The unaudited results for the...