With this milestone, India has fulfilled one of its core COP26 Panchamrit commitments: achieving 50 per cent of installed electric power capacity from non-fossil fuel sources five years ahead of the 2030 target. India’s power sector has crossed two historic thresholds, marking a decisive shift in the country’s clean energy transition. As of September 30,...
Category: Power
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POWERGRID, NEA Ink Cross-Border Transmission Pact to Strengthen India-Nepal Power Ties
Once completed, the proposed transmission corridors will significantly enhance electricity exchange, bolster regional energy security, improve grid resilience, and contribute to sustained economic growth in both countries. In a significant boost to cross-border power cooperation and India-Nepal diplomatic ties, Maharatna central public sector enterprise (CPSE) POWERGRID and Nepal’s state-owned power utility, the Nepal Electricity Authority...
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Rahul Jain Appointed as Suzlon CFO as RE Major Seeks to Expand Footprint
A chartered accountant by qualification, Jain has held leadership roles across reputed organisations and brings deep expertise in financial strategy and transformation. Suzlon Group, a leading provider of renewable energy solutions, has announced the appointment of Rahul Jain as its new Chief Financial Officer and Key Managerial Personnel, effective December 15. Jain brings over two...
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India’s Solar Diplomacy Gains Momentum as Minister Joshi Calls for Equitable Energy Transition at ISA Plenary
Expressing concern over the uneven global transition to clean energy, India’s Minister for New and Renewable Energy announced a $25 million contribution to the African Solar Facility under the International Solar Alliance, aimed at supporting investments in mini grids and distributed renewables across Africa. India is emerging as the voice of the Global South, and...
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Solar for All: President Murmu Urges Inclusive Energy Revolution at ISA Plenary
Speaking at the Eighth Plenary Session of the International Solar Alliance in New Delhi on Tuesday, the country’s first citizen described solar energy as a rediscovery of an ancient truth: the Sun is the most democratic energy source, accessible to all. President Droupadi Murmu has called for greater inclusivity to ensure that the benefits of...
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ICRA Forecasts Steady Power Demand Growth in FY2026 Amid Monsoon Drag and Renewable Surge
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...
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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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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...