As the leading Maharatna non-banking financial company (NBFC), REC Ltd is harnessing the potential of AI and Big Data to unlock a new era of enhanced efficiency and service excellence. Artificial intelligence (AI) and machine learning (ML)—the imitation by computers and robots of the intelligence inherent in humans for planning, decision-making, improved communication and processing...
Category: POWER & RENEWABLE ENERGY
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Clean Leap: Manohar Lal Inaugurates First Unit of 2,000 MW Subansiri Hydropower Project
The commissioning of Unit‑2 sets the pace for Subansiri’s next three units, with full capacity by FY2026‑27. Union Minister for Power Manohar Lal has hailed the Subansiri Lower Hydroelectric Project as a testament to India’s clean energy commitment. Virtually inaugurating the commercial operation of the 250 MW first unit (Unit‑2) of the 2,000 MW Subansiri...
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PM Surya Ghar Rooftop Solar Scheme Crosses 1.95 Million Installations, Delivers 770,000 Zero Bills
Since its inception, more than 2.43 million households have benefitted from the scheme, with over 830,000 loan applications sanctioned and ₹139.26 billion in subsidies extended. Around 1.95 million residential rooftop solar (RTS) systems have been installed, with over 770,000 households having received zero or near‑zero electricity bills under the PM Surya Ghar Muft Bijli Yojana...
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Waaree Gets ALMM-II Nod for 5.25 GW Solar Cells
The company said it will leverage this milestone to deepen partnerships with Indian and global developers, accelerate exports, and strengthen a more resilient, high‑performance solar value chain. Waaree Energies Ltd, India’s largest solar PV module manufacturer, has secured approval for its high‑efficiency solar photovoltaic (PV) cells under the Ministry of New & Renewable Energy’s (MNRE)...
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Inox Wind Secures Repeat 100 MW Order from Jakson Green
The latest 100 MW order will see IWL supply its 3.3 MW wind turbine generators for Jakson Green’s upcoming projects in Gujarat. Inox Wind Ltd (IWL), one of India’s leading wind energy solutions providers, has secured a repeat 100 MW order from Jakson Green, the new energy transition platform of the Jakson Group, following the...
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India moved from power scarcity to sustainability, says Piyush Goyal
The Union Minister for Commerce and Industry said the country has moved towards surplus power generation, enhanced grid integration and leadership in renewable energy, driven by a clear vision and consistent efforts. Highlighting India’s achievements in coal production, renewable energy, refining and natural gas connectivity, Union Minister of Commerce and Industry Piyush Vedprakash Goyal said...
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India Begins Hydrogen Car Trials as Minister Joshi Drives Toyota Mirai to Parliament
With this, India has begun a two‑year testing programme that is expected to generate critical insights for scaling up hydrogen mobility nationwide. Union Minister for New and Renewable Energy, Pralhad Venkatesh Joshi, literally took to the driver’s seat while launching field trials for the use of hydrogen in India’s $250‑billion automobile sector. Joshi drove Toyota’s...
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MNRE Refutes Financing Pause; Calls for Expansion into Upstream Solar Manufacturing
The ministry says it merely wants financial institutions to also expand their financing portfolios into upstream stages and ancillary components such as solar cells, ingots‑wafers, polysilicon, solar glass, and aluminium frames to strengthen India’s solar value chain. The Ministry of New & Renewable Energy (MNRE) has categorically dismissed recent media reports suggesting that lenders have...
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IndiGrid to Acquire Gadag Transmission for ₹3.72 Billion
GTL, currently owned by ReNew Transmission Ventures and KNI India AS, will be fully acquired by IndiGrid once the transaction closes. IndiGrid, India’s first and largest publicly listed power‑sector infrastructure investment trust (InvIT), has announced the execution of definitive agreements to acquire Gadag Transmission Ltd (GTL), an inter‑state transmission (ISTS) project in Karnataka, for an...
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REIAs Issue 67.5 GW Renewable Energy LoAs Since April 2023 with Zero Cancellations: Joshi
Alongside central tenders, states have issued renewable procurement bids, reflecting the widening scope of India’s renewable energy ecosystem. India’s Renewable Energy Implementing Agencies (REIAs) have issued letters of award (LoAs) for 67,554 MW of renewable power procurement tenders since April 2023, with zero cancellations, Union Minister for New and Renewable Energy Pralhad Venkatesh Joshi informed...