SUBSCRIBE NEWS LETTER

SECI

Prostram Wins Bihar BESS Project With Rs 4.44L/MW

Maharashtra-based energy solutions firm Prostram has received a Letter of Intent (LoI) from Bihar State Power Generation Company Limited (BSPGCL) for a 30 MW/120 MWh standalone Battery Energy Storage System (BESS), the company said in a regulatory filing. The project, to be developed under a Tariff-Based Competitive Bidding (TBCB) process, will operate on a Build, […]

Read more

ReNew Fy26-Momentum Strong, Higher Growth Beckons

Hours after its Q4 results, ReNew Global’s management handled analyst queries on the firm’s  strong Q4 results and way ahead. Readers will recall that the firm has been more than a little unhappy about the valuations it gets at NASDAQ, and has even acted to delist via an offer to buy back shares. The firm’s […]

Read more

Maharashtra: Crompton Bags Rs 101cr Solar Pump Order

Crompton Greaves Consumer Electricals, a solar pump provider has secured its largest-ever order in the solar water pump segment. The company has received a Letter of Award (LoA) from the Maharashtra Energy Development Agency (MEDA) valued at over ₹ 101 crore (exclusive of GST). The company would undertake the designing, manufacturing, supplying, and transportation, along […]

Read more

Sembcorp Wins First RTC Power Project in India

Sembcorp Industries, through its wholly owned subsidiary Sembcorp Green Infra Private Limited (SGIPL), has secured its first round-the-clock (RTC) renewable power project in India. The company has been awarded a 50 MW project by Solar Energy Corporation of India Ltd (SECI) under a 1.2 GW tender for RTC power from Inter-State Transmission System (ISTS)-connected renewable […]

Read more

Rewa Solar Project: Waaree’s Parent Firm to Develop MP Project

Mumbai-based Waaree Energies has taken over the development of a 170 MW solar power project from Rewa Ultra Mega Solar Limited (RUMSL) in Madhya Pradesh, the company said in a regulatory filing. It clarified that the project would not be developed by its subsidiary as announced earlier. The latest announcement was in continuation of its […]

Read more

ACME Solar’s RE Capacity Surpasses 2.8 GW With New Projects

ACME Solar Holdings Limited has commissioned an additional 75 MW of renewable energy capacity at its Sikar Solar Project in Rajasthan. This adds to the previously commissioned 165 MW at the site, bringing the total operational capacity at the project to 240 MW out of a planned 300 MW. With this addition, ACME Solar’s total […]

Read more

IndiGrid to Buy Rs. 2,100Cr Transmission, Solar Assets From ReNew

India’s power sector infrastructure investment trust (InvIT) has executed definitive agreements to acquire one solar and one transmission asset, aggregating to an Enterprise Value (EV) of approximately Rs. 2,108 crore, excluding any net working capital and cash adjustments. Inclusive of the adjustments the EV shall not exceed ~Rs. 2,175 crore.  The solar asset, Renew Solar […]

Read more

Solar-Plus-ESS Delivers 95% Clean Power Under ₹6/kWh: Report

India’s recent energy storage auctions have yielded record-low prices, with unsubsidized standalone battery storage bids at ₹2.8 lakh/MW/month and solar-plus-storage bids ranging from ₹3.1 to ₹3.5/kWh, according to a report by the India Energy and Climate Center (IECC). The report noted that, based on implied solar and storage costs from these bids and bottom-up global […]

Read more

SAEL Gets $132Mn from NDB, AIIB, Others for AP Solar Project

SAEL Solar MHP1, a subsidiary of SAEL Industries Ltd.,  has secured debt finance amounting to US$132 million from three global financial institutions — Asian Infrastructure Investment Bank (AIIB), New Development Bank (NDB), and Societe Generale. SAEL Solar MHP1 would use the funding to develop a solar power project in Andhra Pradesh. Each institution has committed […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll