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...
Tag: transmission
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Waaree Energies Acquires Majority Stake in Kotsons to Expand Transformer Manufacturing Capacity
The acquisition comes amid projections of 8-10 per cent CAGR for India’s transformer market, driven by rising demand from emerging sectors such as green hydrogen, EV charging infrastructure, data centres, 5G rollout and railway electrification. Waaree Energies Ltd, India’s largest solar module manufacturer, has acquired a 64 per cent equity stake in Kotsons Pvt. Ltd...
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NALCO’s Lithium Leap: Head Reveals Timeline for Argentina Mines, Global Expansion Plans
Apart from initiating lithium mining operations in Argentina, the Bhubaneswar-headquartered company is also actively exploring smelting partnerships in Australia. India’s largest integrated producer of alumina and bauxite, NALCO, is positioning itself to support the country’s push for critical mineral security—particularly lithium—through overseas ventures, Chairman & Managing Director Bijendra Pratap Singh has said. The company has...
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Tata Power Profit Rises 6% in Q1 FY2026 on Strong Renewable and Distribution Gains
State-level infrastructure mandates and clean energy projects drive revenue and operational momentum across Tata Power’s business verticals. Tata Power, India’s largest vertically integrated power company, reported a consolidated profit after tax (PAT) of ₹12.62 billion for Q1 FY2026, marking a 6 per cent year-on-year increase. The company’s revenue rose to ₹174.64 billion, up 4 per...
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India to Extend Digitalisation of Public Services to the Power Sector with India Energy Stack
While major global economies are advancing digitalised energy frameworks, the India Energy Stack may be the most ambitious attempt by any country to integrate public infrastructure at scale through a unified ‘stack’ architecture. Following the success of Aadhaar as a national identity card and UPI for digital payments, the government announced an India Energy Stack...
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REC Signs ₹18,360 Cr MoU with Govt. of Kerala for Pump Storage Projects
REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has signed an MoU with the Energy Management Centre (EMC), Government of Kerala, for collaboration and financing of Pumped Storage Projects (PSP) in Kerala. The MoU was signed during the Global Green Hydrogen & Renewable Energy Summit 2025. Under this agreement,...
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Policy reforms lead to better health, greater lending power
REC Ltd, which finances and promotes power projects across India, has been gearing up for a big shift by focusing on renewable energy and other green projects. With the shift in priorities towards renewable energy, raising funds for renewables has become easier in the domestic and global market, says Vijay Kumar Singh, Director (Projects), REC Ltd....
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1 GW of pumped storage projects in Karnataka won by JSW and Greenko
The Power Company of Karnataka (PCKL) has awarded contracts to JSW Neo Energy (JSW Energy) and Greenko KA 01 IREP (Greenko) for the provision of 1 GW of electricity supply of 8 hours per day from pumped hydro storage projects that offer continuous 5-hour discharge. By the bucket-filling process, JSW Neo Energy won 300 MW...
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A Ray of Hope, Amid the Gloom
Amidst the chaos seen in the power sector, with 22,000 MW thermal power projects lying idle for the need of coal or gas and lenders taking power generating assets to National Company Law Tribunal (NCLT) to recover dues, the transmission sector- with longer life cycle and lower risks- has exhibited the only ray of hope for investors and developers alike.
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Power transmission in India is the most attractive sector to invest in
Neeraj Nanda, President-South Asia (T&D, Solar), KEC International speaks to INFRASTRUCTURE TODAY in length about the potentials in India's transmission sector. He also advices DISCOMs to enhance their willingness and preparedness to adopt and drive renewable energy.