India

EG Solwin, Welspun, NLC, & Adani Bag NTPC’s 1.2 GW Hybrid Projects

NTPC has awarded 1.2 GW of wind-solar hybrid power projects to EG Solwin Renewable for 300 MW, Welspun Renewable Energy 250 MW project, NLC India 450 MW hybrid project, and Adani Renewable Energy secured 600 MW project. The tender allocated the project to EG Solwin, Welspun Renewable Energy, and NLC India at the lowest tariff […]

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Green Stocks March 17: Mixed Day For Green Stocks

On a day when the mid-cap and small-cap cohorts moved in opposite directions, green energy stocks reflected this dichotomy as well. Be it manufacturers (Waaree Energies, Premier Energies), EPCs (Waaree RTL, Sterling, and Wilson Solar, or developers like NTPC Green or Acme Solar, it was a day for surrendering whatever small gains they had made […]

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RMC Switchgears Gets 50 MW Rooftop Project For Solar Initiatives

Rajasthan-based RMC Switchgears has received a Letter of Acceptance (LoA) from the Rajasthan Government for a 50 MW rooftop solar project. The installations will be spread across state government buildings in Jaipur and Dausa. Project Scope and Financials Under the contract, RMC Switchgears will be responsible for the design, supply, erection, and commissioning of rooftop […]

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AP Offers 25% Subsidy For Solar and Wind Energy Manufacturing

Andhra Pradesh (AP) has released operational guidelines for implementing its clean energy policy. These guidelines cover key aspects such as approvals, resource allocation, land allotment, incentives, and statutory clearances. To streamline the approval process, NREDCAP will be required to create a Unified/Single Desk Portal. Through this portal, the government can allocate resources and facilitate the […]

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Solarium Enters Into 78.4 MW Solar Deal With Citizen, Navitas

Gujarat-based Solarium Green Energy has entered into two Memorandums of Understanding (MoUs) with solar panel suppliers, Citizen Solar and Navitas Solar. As per the terms of the MoUs, Citizen Solar will supply 53.70 MW of solar panels from March 2025 to September 2025. Concurrently, Navitas Solar will supply an additional 24.70 MW of solar modules […]

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Amrut Energy Secures ₹100 Cr From Private Equity Investors

Amrut Energy Pvt Ltd, a leading manufacturer of solar water pumps and renewable energy solutions from Ahmedabad, has successfully raised ₹100 crores in funding from private equity investors. This investment will propel the company’s rapid growth, expand its manufacturing capabilities, drive research and development, and scale operations across underserved regions. The investment will expand manufacturing […]

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Shakti Pump Secures Land To Setup Solar Cell, Module Manufacturing Facility

Madhya Pradesh-based solar pump company, Shakti Pumps, has recently secured land for setting up a solar cell and PV module manufacturing facility using wafers as input material. The company announced this development in a regulatory filing, stating, “Madhya Pradesh Industrial Development Corporation Limited (MPIDC) has sanctioned 113 acres of land to our wholly owned subsidiary, […]

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NTPC Secures Highest VGF Support For CPSU Scheme

NTPC has emerged as the largest beneficiary of the central government grant under the Central Public Sector Undertaking (CPSU) Scheme  Phase-II (Government Producer Scheme). Latest data shared by the government before the Rajya Sabha revealed the levels of allocations given to different CPSUs.  The government aids these CPSUs for setting up grid-connected Solar Photovoltaic (PV) […]

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