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...
Category: Power & New and Renewable Energy
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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...
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Suzlon Starts FY2027 Strong with Record Q1 Deliveries, 23% Revenue Growth
The company commissioned 269 MW during the quarter, more than double the level a year earlier. Suzlon Group reported its highest‑ever first‑quarter deliveries at 506 MW, up 14 per cent year‑on‑year, alongside commissioning of 269 MW, more than double the previous year. New order additions reached about 1 GW, including two renewable project developer‑led engineering,...
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India Moves to Give Consumers Choice of Power Supplier Under New Licensing Plan
The framework aims to spur competition by letting new entrants access existing networks through regulated wheeling charges. India is moving to give households and businesses the freedom to choose their electricity supplier, echoing the telecom model. The proposal was discussed at the Ministry of Power’s Consultative Committee meeting on Friday. “The Electricity Act, 2003, had...
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REC Declares First Interim Dividend as Q1 Profit Jumps 23%
The company’s standalone loan book stood at ₹5.9 trillion as of June 30, the largest for any central government-owned NBFC in India. REC Ltd, the power sector financier, on Friday approved its standalone and consolidated financial results for the quarter ended June 30, 2026, declaring its first interim dividend of ₹4.25 per share for FY2026‑27....
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India Nears Two Clean Energy Milestones as BRESE 2026 Set to Welcome Global Leaders to New Delhi
The Bharat Renewable Energy Summit & Expo (BRESE) 2026 in November will unite stakeholders across the global renewable energy value chain under one roof. As India inches closer to two landmark achievements in its clean energy journey, Minister for New and Renewable Energy Pralhad Venkatesh Joshi on Thursday announced the maiden edition of the Bharat...
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The Apprenticeship Anchor
From construction and power to transport and engineering, apprenticeships are enabling organisations to rapidly build the skilled workforce to sustain India’s execution‑led growth, explains Deepesh Gupta. India’s infrastructure push has entered an execution heavy phase. Record public capital expenditure, expanding industrial corridors, and the rapid scale-up of manufacturing, renewables, logistics and transport are accelerating project...
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From Cloud to Energy: India’s Geopolitical Stress Test
The West Asia conflict is reshaping India’s risk management and creating an opportunity to accelerate and complete its energy reform agenda, underline S&P Global and Crisil analysts. The sustained nature of the West Asia war is changing Indian risk management from providing immediate buffers to reorienting medium- to long-term strategies. Even before the conflict, the...