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India May Add 30 GW Of Renewable Capacities In 2024-25

India seems to be racing towards achieving a record-breaking renewable capacity addition number in 2024-25. The rise in pace of solar and wind energy installations in the first seven months of calendar year 2024 indicates every probability of record capacity additions. This will follow a strong show in 2023, when 18.5 GW of renewable energy […]

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MoP Amends Electricity Act For Power Trade With Neighbors

On August 12, the Ministry of Power (MoP) has amended the Import and Export of Electricity Act 2018 through an Office Memorandum, enabling the export and import of electricity to and from India. Under the revised guidelines, the government modified Clause 5.2 9(a) and Clause 8.9 to permit generating companies and distribution companies to export […]

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India’s Renewable Capacity Surpasses 150 GW: MNRE

India’s total renewable energy capacity (excluding large hydro) has now touched 150 Gigawatt (GW), latest data from the Ministry of New and Renewable Energy (MNRE) reveals.  The latest data from the ministry for the month of July shows that India added a total of 1733.66 MW of new solar capacities. During the same period, India […]

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Green Stock August 9: Waaree Renewable, KPI Green Continue In Spotlight

It was yet another day when the two smaller domestic solar EPCs, Waaree Renewable Technologies, and KPI Green Energy, found themselves locked on Upper circuits. Strong Q1 results have acted to catalyse investor interest yet again in these firms, after some fears that they might have run ahead of performance. Tata Power, Shakti Pumps, Adani […]

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Punjab Plans To Add 66 New Solar Power Plants

The Punjab government is planning to set up 66 new solar power plants with each having 4 MW of capacity, Aman Arora, the state Minister of New and Renewable Energy Sources said. With this the Punjab government wants to reduce its reliance on fossil fuels and cut the annual power subsidy, he added. As per […]

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NTPC-REL Floats 1 GW Tender For Land, Power Evacuation In MP

NTPC Renewable Energy Ltd. (NTPC-REL) recently issued a tender to commission a land and power evacuation system for a 1000 MW solar PV project in the Mandsaur region of Madhya Pradesh, with the bid submission deadline set for 11th September 2024. The tender mandates that bidders meet certain criteria for land-related works. The detailed scope […]

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Q1 Results: Tata Power Sees 31% Growth In Net Profits

Tata Power today reported its financial results for the latest quarter (Q1) for financial year 2024-25. The data submitted by the company revealed that the company reported a 13 percent growth in its net profit on a Year-on-Year (YoY) basis.  The company reported its highest ever and 19th consecutive quarter of PAT (Profit After Tax) […]

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TPEML, Tata Renewable Tie Up For Boosting Solar Adoption

Tata Passenger Electric Mobility Ltd. (TPEML) and Tata Power Renewable Energy Ltd. (TPREL), have joined hands to drive zero-emissions mobility in India through a combined solution of Electric Vehicles and Solar Rooftop Systems. Through this collaboration, TPEML will enable customers to get a solar rooftop system installed. Both the companies will promote EVs / EV […]

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