Industry News

New Era Cleantech Solutions Pvt. Ltd. has begun work on India’s first greenfield integrated coal gasification and carbon capture complex at Bhadrawati in Maharashtra’s Chandrapur district, with an investment of about ₹20,000 crore. Spread across around 1,650 acres, the facility will convert domestic coal into industrial chemicals and fuels used in sectors such as fertilisers, […]

NTPC Green Energy Limited has commissioned 165 MW of solar capacity at its Khavda-II project in Gujarat, taking its total installed capacity to 9,727.68 MW, the company said. The newly operational capacity is part of the fourth phase of the 1,200 MW Khavda-II Solar PV Project, with commercial operations effective from March 19, 2026. The […]

ACME Solar Holdings has signed a 25-year power purchase agreement (PPA) with SJVN Limited to supply renewable power under a 450 MW Firm and Dispatchable Renewable Energy (FDRE) project, the company said in a regulatory filing. The contract was awarded under tariff-based competitive bidding through an e-reverse auction, with the company receiving the letter of […]

Godrej Enterprises Group said its Energy Solutions business is targeting around 15% growth by FY2027, supported by a project pipeline valued at ₹2,600 crore at the end of FY2026. The company said the pipeline spans power transmission infrastructure, railway electrification, and renewable energy projects, reflecting rising demand for power infrastructure as India expands electricity networks […]

Mahanagar Gas Limited has agreed to acquire a 26% stake in FPEL Reliant Energy Private Limited, a special purpose vehicle of Fourth Partner Energy, as part of its move to integrate renewable energy into its operations. The investment follows the signing of a Share Subscription Agreement and Shareholding Agreement with FPEL Reliant and its holding […]

Adani Enterprises Limited has received approval from the Ahmedabad bench of the National Company Law Tribunal for a restructuring plan aimed at consolidating its green energy and hydrogen businesses. The tribunal approved a composite scheme of arrangement involving several Adani Group entities to streamline operations and strengthen the group’s green hydrogen ecosystem. Under the restructuring […]

Tata Power Renewable Energy Limited said it has partnered with Tata Capital to introduce a new financing model aimed at accelerating rooftop solar adoption among commercial and industrial (C&I) customers across India. The companies launched the SunSmart Flexi EMI Scheme, which links loan repayments to projected solar energy generation, allowing businesses to effectively “pay as […]