Indian real estate has moved far beyond brick and mortar. Today, it sits at the crossroads of economic ambition, global design standards, and changing social aspirations. Few companies reflect this shift as clearly as M3M India. In just over a decade, the country’s largest unlisted real estate developer has gone from a bold new entrant...
Category: POWER & RENEWABLE ENERGY
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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...
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India’s Power Capacity Crosses 505,000 MW, Clean Energy Transition Accelerates
By October 2025, India’s power capacity reached 245,600 MW from fossil fuels and 259,423 MW from non‑fossil sources, with renewables contributing 250,643 MW. India’s total installed generation capacity has reached 505,023 MW, comprising 245,600 MW from fossil‑fuel sources and 259,423 MW from non‑fossil fuel sources, including 250,643 MW from renewable energy. Minister of State for...
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South Asia Must Scale Hydro, Storage and Power Trading for Grid Integration: CEA Chief
The head of the Ministry of Power’s technical advisory body emphasised that a strong transmission framework is central to regional integration. South Asia must accelerate hydropower development, large‑scale storage deployment, and dynamic cross‑border transmission planning to enable next‑generation regional power integration, according to the head of the Ministry of Power’s technical advisory body. Speaking at...
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Atlanta Electricals Secures ₹2.98 Billion Transformer Orders from GETCO
The orders cover 25 transformers: 21 units of 220/66 kV, 160 MVA power transformers; three units of 66/11.55 kV, 20 MVA power transformers; and one 220/132 kV, 150 MVA auto transformer. Atlanta Electricals Limited, the Anand-based manufacturer of power transformers, has won two major orders worth ₹2.98 billion ($36 million) from Gujarat Energy Transmission Corp....
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Waaree Group Wins 10 MWh BESS Order in Tamil Nadu, Expands Domestic Storage Manufacturing
Waaree is scaling domestic storage manufacturing with a 4 GWh cell line and a 5 GWh pack‑and‑container facility, supporting utility‑scale and C&I applications. Mumbai-headquartered Waaree Group, India’s leading renewable energy solutions provider, has secured a 10 MWh battery energy storage system (BESS) order from a key infrastructure development company to be deployed in Tamil Nadu....
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BC Jindal Group Secures 150 MW RTC Power Deal with SECI
The Shyam Jindal-promoted conglomerate secured the order at a tariff of ₹5.07/kWh in a reverse auction. New Delhi-headquartered BC Jindal Group has signed a 150 MW power purchase agreement (PPA) with state-owned Solar Energy Corporation of India Ltd (SECI) for round-the-clock (RTC) renewable energy solutions. The agreement is part of SECI’s 1,200 MW RTC renewable...
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Ministry of Power Advances India Energy Stack with Taskforce Review of Strategy and Architecture
India’s power sector digital backbone is moving into high gear, with monthly taskforce meetings set to drive the India Energy Stack (IES) project toward its July 2026 completion. The Ministry of Power convened the India Energy Stack (IES) taskforce on Monday to accelerate the development of India’s digital public infrastructure (DPI) for the power sector....