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...
Category: Power & New and Renewable Energy
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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...
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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,...
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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...
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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...
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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...
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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...
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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...
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Tata Power and Tata.ev Launch Mumbai’s Largest EV Charging Hub Near Airport
Designed to serve a broad spectrum of EV users—from private vehicles to ride-hailing fleets and logistics operators—the hub provides seamless access to clean mobility for frequent flyers, hotel guests and professionals across the Andheri-BKC-South Mumbai corridor. Tata Power, India’s largest integrated power utility and leading electric vehicle (EV) charging provider, has partnered with Tata Passenger...
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Vikram Solar Wins 336 MW Module Order from L&T for Khavda Renewable Energy Park
The order marks a significant milestone in the Kolkata-based company’s continued contribution to the Khavda Renewable Energy Park, which is poised to become the world’s largest renewable energy installation upon completion. Vikram Solar has secured a 336 MW order from L&T Construction to supply high-efficiency solar photovoltaic (PV) modules for deployment at the Khavda Renewable...