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Maharashtra: JSW Neo Gets 1,500 MW / 12,000 MWh Pumped Hydro Storage Project

Mumbai-based JSW Neo Energy Limited (JSW Neo), a subsidiary of JSW Energy Limited, received a Letter of Intent (LoI) for the procurement of 1,500 MW / 12,000 MWh of pumped hydro energy storage from the Maharashtra State Electricity Distribution Company Ltd (MSEDCL). Their Bhavali Pumped Hydro Project is located in the Nashik and Thane districts […]

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H1: IREDA Loan Sanctions Rise 303%, Disbursements Grows 56%

Indian Renewable Energy Development Agency Limited (IREDA),has reported a 303% growth in loan sanctions, rising to Rs. 17,860 crore in the first half of FY 2024-25, compared to Rs. 4,437 crore during the same period in FY 2023-24. These are provisional figures as of September 30, 2024. IREDA’s loan disbursements also showed significant growth, increasing […]

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REC Raises $500 Mn Through Green Bonds

REC Limited, a state-owned infrastructure company has raised $500 million through 5-year green bonds as part of its $10 billion Global Medium-Term Program. REC plans to use these funds to finance eligible green energy projects that qualify under its green finance framework. REC a ‘Maharatna’ company under the administrative control of the Ministry of Power, […]

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PM Modi To Launch EV Charging With Rs. 1,500 Cr Investment

Prime Minister (PM) Narendra Modi recently announced plans to develop multiple energy options, including electric vehicles (EVs), compressed biogas (CBG), and ethanol-blended petrol (EBP), at a single retail outlet. To facilitate a smooth transition to green energy, decarbonization, and net-zero emissions, while reducing range anxiety for electric vehicle drivers, the Prime Minister plans to dedicate […]

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Jio-bp Reaches 5000 Charging Points Milestone with 500th Station In Mumbai

Anant Mukesh Ambani, Director, Reliance Industries Limited (RIL) and Murray Auchincloss, CEO, bp inaugurated the 500th Jio-bp pulse EV-charging station of Jio-bp, a fuels and mobility joint venture between RIL and bp. The commissioning of the EV-charging station enables access for guests at the Nita Mukesh Ambani Cultural Centre, Jio World Plaza and Jio World […]

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Aditya Birla Renewables Raises Rs. 2,500 Cr Through NCDs

Aditya Birla Group’s renewable energy arm, Aditya Birla Renewables Limited (ABReL), has successfully secured Rs. 2,500 crore through a private placement of non-convertible debentures (NCDs). These NCDs have a face value of Rs. 1 lakh each, for an aggregate amount of up to Rs. 2,500 crore, inclusive of a base issue size of up to […]

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Trinasolar Unveils 645W Recyclable Module With 20.7% Efficiency

Trinasolar recently produced a fully recycled c-Si module. The recycled PV module uses n-type TOPCon technology and has a golden-size design, with a module efficiency of 20.7% and power output exceeding 645W. The research center academy of Trinasolar developed the recycled module with its self-developed recycling technology, using materials, including silicon, silver, aluminum frames, and […]

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Sunsure, Kirloskar Sign PPA For 13.5 MWp Solar Project

Sunsure Energy signed a 13.5 MWp solar Open Access Power Purchase Agreement (PPA) with Kirloskar Brothers Limited (KBL), one of the global companies engaged in fluid management solutions. Under this agreement between Sunsure Energy, a renewable energy solutions provider, and Kirloskar Brothers Limited (KBL), Sunsure Energy will supply nearly 2 crore units of green power […]

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NVVN Issues EPC Tender For Developing Rooftop Solar Projects

NTPC Vidyut Vyapar Nigam Limited (NVVN), a subsidiary of the NTPC has now issued a tender seeking EPC players to develop rooftop solar projects of the company. NVVN, has planned to develop several rooftop solar projects across India on government and private buildings. The tender mandated developing these projects and also taking care of Operations […]

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