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Tata Power Solar Wins ₹632 Cr SECI Contract To Supply 292.5 MWp Solar Modules

TP Solar Limited (TP Solar), a subsidiary of Tata Power Renewable Energy Limited (TPREL), has secured a contract from the Solar Energy Corporation of India Limited (SECI) to supply 292.5 MWp Domestic Content Requirement (DCR) Solar Modules. The project is awarded to TATA Power under the CPSU Scheme Tranche-III. The contract, valued at approximately ₹ […]

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PM-KUSUM: Bhagyanagar Gets 53 MW Solar Project At ₹3.09/kWh

Telangana-based Bhagyanagar India Limited has been awarded a Letter of Award (LOA) for a 53 MW solar pump project under the Mukhyamantri Saur Krushi Vahini Yojana 2.0. The company secured the project under feeder-level solarization under Component C of the PM-KUSUM Scheme. The company stated in a regulatory filing, “The company has received the project […]

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NVVN Issues 250 MW/1000 MWh BESS Tender With VGF Support

NVVN, a wholly owned subsidiary of NTPC Limited, has issued a tender for a 250 MW/1000 MWh standalone Battery Energy Storage System (BESS) with Viability Gap Funding (VGF) support. The tender includes a greenshoe option for an additional capacity of up to 250 MW/1000 MWh. It has set March 24, 2025 NVVN has been nominated […]

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SJVN Floats 375 MW/1500 MWh BESS Tender For UP Project

SJVN has recently issued a tender seeking bids from developers to build a 375 MW/1500 MWh standalone Battery Energy Storage System (BESS) in Uttar Pradesh. The tender also offers Viability Gap Funding (VGF) under Tariff-Based Competitive Bidding (TBCB) on a Build-Own-Operate (BOO) basis. SJVN is accepting bids until March 28, 2025. The project aims to […]

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Green Stocks Feb 24: An End To Pain In Sight?

It might sound like a contrarian perspective, but we believe that the end to market pain is in sight. And with that, the steep correction in our green energy pack as well. This is a matter of valuations, the impact (or non-impact) of anticipated events like Trump tariffs, and a change in market dynamics in […]

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Only 30-40% of EV Supply Chain Localized: ICRA

Investment Information and Credit Rating Agency, ICRA found that at present, only 30-40% of the EV supply chain is localized. There has been substantial localization in traction motors, control units, and battery management systems over the years, while battery cells, which constitute 35-40% of a vehicle’s cost, are still entirely imported. The relatively low localization […]

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Green Stocks Feb 20: Stocks Continue to Recover Lost Ground

It was yet another day for green energy stocks to mount a determined effort to recover the ground they have lost, although one still has to wonder if this one will last. That meant, other than Premier Energies, almost every stock gained during the day with some like Shakti Pumps, Acme Solar, Sterling and Wilson […]

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Karnataka Clean Mobility Policy 2025-30 Aims To Attract ₹50,000 Cr

Karnataka’s Commerce and Industries Department has released the Karnataka Clean Mobility Policy 2025-30 to attract ₹50,000 crore in investments across the entire clean mobility vehicle value chain. The policy aims to generate approximately 100,000 new jobs during the policy period. It further states that Karnataka’s policy and the package of incentives and concessions will come […]

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