Despite the anticipated recovery, electricity demand growth remains below India’s GDP forecast of 6.5 per cent for FY2026. India’s electricity demand is expected to grow steadily in FY2026, with ratings agency ICRA projecting a full-year increase of around 4.5 per cent. This follows a subdued first half, where demand rose just 1 per cent due...
Category: POWER & RENEWABLE ENERGY
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NTPC and EIL Partner to Develop Coal-to-SNG Facility for Grid Stability and Clean Energy Transition
This collaboration with EIL, India’s public sector EPC leader, marks a strategic milestone in developing integrated, indigenous solutions for cleaner energy production. NTPC Ltd, India’s largest integrated power utility, has signed a strategic agreement with Engineers India Ltd (EIL) to develop a coal-to-synthetic natural gas (SNG) facility aimed at enhancing grid stability and as part...
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SAEL to Procure 2 MT of Paddy Waste for Clean Energy Push, Targets 300,000 Tonnes CO₂e Avoidance
The company currently operates 11 waste-to-energy plants across Punjab, Haryana, and Rajasthan, with a combined capacity of 165 MW. SAEL Industries Ltd, an integrated renewable energy company, has announced plans to procure nearly 2 million tonnes (MT) of paddy stubble this harvesting season through its fuel aggregator network. The biomass will be used to power...
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Vikram Solar Secures 148.9 MW Module Order from Sunsure Energy for Maharashtra and Uttar Pradesh Projects
The deployment supports Sunsure Energy’s strategy to build large-scale renewable plants equipped with high-efficiency modules and advanced BESS technologies. Vikram Solar, one of India’s leading solar photovoltaic (PV) module manufacturers, has announced a 148.9 MW order from Sunsure Energy, a renewable energy solutions provider catering to industrial and utility-scale clients transitioning to clean power. The...
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KPIL Secures ₹23.32 Billion in New Orders Across T&D and Civil Infrastructure Businesses
With this, the company’s cumulative order inflows for FY2026 have reached nearly ₹150 billion, reflecting a YoY growth of approximately 25 per cent. Kalpataru Projects International Ltd (KPIL), a leading engineering, procurement and construction (EPC) firm in the power transmission and civil infrastructure sectors, has secured new orders worth approximately ₹23.32 billion ($280 million). The...
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India’s Renewables Pivot: From Speed to System Strength
India’s 2030 clean energy goals will be powered by synchronised renewables, grid upgrades, and market reform, says the Ministry of New and Renewable Energy. India’s renewable energy sector is entering a transformative phase, defined not just by capacity growth but by system strength and resilience. After a decade of record expansion, the Ministry of New...
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Toshiba Commits ₹32.32 Billion to Expand T&D Manufacturing in Japan and India
A surge in electricity demand has prompted the company to revise its ¥20-billion investment announced in July 2024, committing an additional ¥35 billion to scale up its manufacturing facilities in Kawasaki and Hyderabad. Toshiba Energy Systems & Solutions Corporation (Toshiba) has announced a ¥55-billion (approximately $368 million / ₹32.32 billion) investment to expand its power...
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Hinduja Renewables Appoints Deepak Thakur as MD & CEO
Veteran energy executive to steer next phase of growth across solar, storage, and green hydrogen. Hinduja Renewables Energy Private Limited (HREPL), part of the Hinduja Group, has appointed Deepak Thakur as Managing Director & CEO, effective October 1. He succeeds Sumit Pandey, who has stepped down from the role. Thakur brings over three decades of...
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IGL Opens New Delhi Office as Minister Puri Highlights India’s Clean Energy Push and Refining Ambitions
In a boost to domestic manufacturing, Puri also launched a new smart gas meter facility set up by IGL in partnership with Genesis Gas Solutions, with production expected to commence in October 2025. The supply of natural gas across sectors has become increasingly seamless over the past decade, as India undertakes an ambitious energy transition,...
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Avaada Electro’s ALMM-Enlisted Solar Module Facilities Scale Up Capacity in Maharashtra and Uttar Pradesh
The Butibori and Dadri units take Avaada Electro’s ALMM-approved manufacturing capacity past 5,400 MW a year. Avaada Electro, the solar photovoltaic (PV) manufacturing arm of Avaada Group, has expanded its production footprint with two facilities now enlisted under the Ministry of New & Renewable Energy’s (MNRE) Approved List of Models and Manufacturers (ALMM). The units—located...