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...
Category: Power & New and Renewable Energy
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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...
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Inox Green Expands Solar O&M Portfolio with 189.1 MWp Contracts Across Three States
As India’s only listed pure-play renewable O&M company, Inox Green’s latest expansion aligns with its strategy to diversify its customer base and deepen its presence in high-growth renewable corridors. Inox Green Energy Services Ltd. (IGESL), India’s only listed pure play renewable operations and maintenance (O&M) company, has announced the signing of new agreements to manage...
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Waaree-Backed Solfin Partners with Japanese NBFC to Expand Solar Financing Across India
As part of the initiative, tailored working capital loans will support solar panel dealers, while rooftop solar financing will be extended to residential and commercial consumers seeking decentralised energy solutions. In a strategic move to accelerate clean energy adoption, Solfin Sustainable Finance—a solar-focused non-banking financial company (NBFC) backed by Waaree Energies—has announced a co-lending partnership...
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WABAG Wins $5.6 Million Water Management Contract for RenewSys Solar Cell Facility in Hyderabad
Valued at approximately ₹465 million, the order positions the company to capitalise on future opportunities in solar, green hydrogen, semiconductor, and other emerging industrial applications. Chennai-based VA TECH WABAG, the world’s third-largest water management company, has secured a significant order from RenewSys India to deliver advanced water treatment solutions for its 2 GW solar cell...