Despite the anticipated recovery, electricity demand growth remains below India’s GDP forecast of 6.5 per cent for FY2026. India’s electricity demand is expected to grow steadily in FY2026, with ratings agency ICRA projecting a full-year increase of around 4.5 per cent. This follows a subdued first half, where demand rose just 1 per cent due...
Category: Power & New and Renewable Energy
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NTPC and EIL Partner to Develop Coal-to-SNG Facility for Grid Stability and Clean Energy Transition
This collaboration with EIL, India’s public sector EPC leader, marks a strategic milestone in developing integrated, indigenous solutions for cleaner energy production. NTPC Ltd, India’s largest integrated power utility, has signed a strategic agreement with Engineers India Ltd (EIL) to develop a coal-to-synthetic natural gas (SNG) facility aimed at enhancing grid stability and as part...
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Grid of Change: Odisha Model and Reimagining Power Sector Reforms Through PPPs
Odisha’s reform of its transmission and distribution infrastructure provides a homegrown template for ensuring a bright future for India’s rapidly transitioning power sector, writes Brajesh Singh. I still remember the evening in August 2017 when electricity arrived for the first time in a village in North Bihar. As the CEO of a leading utility at...
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Vikram Solar Secures 148.9 MW Module Order from Sunsure Energy for Maharashtra and Uttar Pradesh Projects
The deployment supports Sunsure Energy’s strategy to build large-scale renewable plants equipped with high-efficiency modules and advanced BESS technologies. Vikram Solar, one of India’s leading solar photovoltaic (PV) module manufacturers, has announced a 148.9 MW order from Sunsure Energy, a renewable energy solutions provider catering to industrial and utility-scale clients transitioning to clean power. The...
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India’s Renewables Pivot: From Speed to System Strength
India’s 2030 clean energy goals will be powered by synchronised renewables, grid upgrades, and market reform, says the Ministry of New and Renewable Energy. India’s renewable energy sector is entering a transformative phase, defined not just by capacity growth but by system strength and resilience. After a decade of record expansion, the Ministry of New...
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Toshiba Commits ₹32.32 Billion to Expand T&D Manufacturing in Japan and India
A surge in electricity demand has prompted the company to revise its ¥20-billion investment announced in July 2024, committing an additional ¥35 billion to scale up its manufacturing facilities in Kawasaki and Hyderabad. Toshiba Energy Systems & Solutions Corporation (Toshiba) has announced a ¥55-billion (approximately $368 million / ₹32.32 billion) investment to expand its power...
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Windergy India 2025: Chennai to Host Three-Day Global Dialogue on Wind Power Scale, Policy, and Innovation
India’s flagship wind energy event returns with over 350 exhibitors, global pavilions, and a sharp focus on policy, manufacturing, and net-zero goals. Windergy India 2025, the country’s premier international trade fair and conference dedicated to wind energy, is set to take place from October 29-31 at the Chennai Trade Centre. The seventh edition of the...
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Hinduja Renewables Appoints Deepak Thakur as MD & CEO
Veteran energy executive to steer next phase of growth across solar, storage, and green hydrogen. Hinduja Renewables Energy Private Limited (HREPL), part of the Hinduja Group, has appointed Deepak Thakur as Managing Director & CEO, effective October 1. He succeeds Sumit Pandey, who has stepped down from the role. Thakur brings over three decades of...
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India Designates Three Major Ports as Green Hydrogen Hubs under National Mission
Projects in these zones will qualify for benefits under central and state schemes, including those aligned with the Green Hydrogen Mission. In a strategic push to build an integrated hydrogen ecosystem and accelerate India’s clean energy transition, the Ministry of New and Renewable Energy has formally recognised three major ports—Deendayal Port Authority (Gujarat), VO Chidambaranar...
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ENGIE Secures 100 MW Solar PPA with SECI, Expands Rajasthan Portfolio to 1 GW
Located in one of India’s highest solar irradiance zones, the Barmer project is set to deliver dependable clean power to a region where rising energy demand and economic growth go hand in hand. French energy services group ENGIE has signed a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) for a...