The deal, valued at approximately Singapore $246 million and subject to customary adjustments, marks a strategic expansion of Sembcorp’s renewable energy footprint in India. Singapore headquartered Sembcorp Industries, through its wholly-owned subsidiary Sembcorp Green Infra Pvt. Ltd has signed a share purchase agreement to acquire 100 per cent of ReNew Sun Bright Pvt. Ltd from...
Category: Power & New and Renewable Energy
Post
Post
Tata Power Renewables Signs PPA for 80 MW Dispatchable Green Energy Project in Mumbai
Tata Power Renewable Energy Ltd (TPREL), a subsidiary of The Tata Power Company Ltd, has signed a power purchase agreement (PPA) with Tata Power Mumbai Distribution to develop an 80 MW firm and dispatchable renewable energy (FDRE) project. The project will integrate solar, wind, and battery storage systems to ensure reliable energy dispatch during peak...
Post
India’s Renewable Energy Surge: ICRA Projects 35 GW Capacity in FY2026
India’s renewable energy capacity rose 123 per cent to 20.1 GW by August this fiscal, driven by a strong project pipeline and favourable market conditions. However, bidding activity has slowed sharply, with only 3.4 GW auctioned in the first half of FY2026. India’s renewable energy (RE) sector has recorded a robust 123 per cent growth...
Post
India’s Deepwater Energy Ambitions Ignite with Andaman Basin Gas Discovery
India’s deepwater energy ambitions received a boost with the detection of natural gas in the Sri Vijayapuram-2 well, raising hopes of a major hydrocarbon reserve, Union Minister Hardeep Singh Puri has confirmed. India’s aspirations for aatmanirbharta (self-reliance) in hydrocarbons received a significant boost with the detection of natural gas in the Andaman Basin, located in...
Post
India’s Green Hydrogen Push Gains Global Momentum with Cost Edge and Policy Muscle: S&P Global Commodity Insights
Globally, hydrogen demand could triple by 2060, with India’s share in final energy consumption expected to rise from 1.8 per cent to over 3 per cent, according to S&P Global’s Renaissance scenario. India is fast-tracking its hydrogen economy through competitive pricing, certification reforms, and port infrastructure upgrades, according to S&P Global Commodity Insights experts actively...
Post
Low-Cost Capital Crucial to Power India’s Clean Energy Manufacturing Surge: CII-PwC
A new CII-PwC report urges policy clarity, streamlined approvals, and affordable financing to scale India’s renewable energy manufacturing. With global competition intensifying, strategic capital access could define India’s leadership in the green transition. India’s ambition to become a global hub for renewable energy (RE) manufacturing is gaining momentum, but its success hinges on access to...
Post
PM Modi Launches India’s Largest Solar-Plus-Storage Project in Rajasthan
Avaada’s ₹92 billion investment marks a major milestone in grid-integrated clean energy, with 2500 MWh battery storage and 1560 MWp solar capacity powering Rajasthan’s green transition. Prime Minister Narendra Modi has laid the foundation stone for Avaada Group’s landmark solar-plus-storage project in Rajasthan, billed as India’s largest to date. The ₹92 billion investment spans two...
Post
Suzlon Commits to Full EV Fleet by 2035, Targets 24% Emissions Cut Under Global EV100 Pact
As part of its EV100 commitment, Suzlon will electrify its entire fleet by 2035, cutting fuel use, slashing emissions by 24 per cent, and accelerating India’s transition to net zero. After pledging to power all its facilities with 100 per cent renewable energy by 2030, renewable energy solution provider Suzlon has taken a decisive step...
Post
India Must Target 40-Fold Surge in Green Energy to Meet 2047 Goals: CII-EY Report
The report also flags the urgent need for integrated health, energy, and environmental policies to tackle air pollution, with PM2.5 exposure posing serious risks by penetrating deep into the lungs and entering the bloodstream. India’s ambition to become a developed economy by 2047 hinges on a radical transformation of its energy ecosystem, according to a...
Post
AgniKul Cosmos Commissions India’s First Integrated Rocket 3D Printing Facility to Power Affordable Space Dream
AgniKul’s new facility offers a fully integrated additive manufacturing ecosystem that spans design, simulation, printing, post-processing and finishing. This enhances quality, reliability and supply chain resilience, while cutting the cost of building for space by up to 50 per cent. Innovation doesn’t just create new products; it often helps bring down the cost of high-end...