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PM-KUSUM: Gujarat Farmers to Earn Rs 2.83/Unit for Surplus Solar

The Gujarat Electricity Regulatory Commission (GERC) has approved the implementation of Component C of the PM-KUSUM scheme, setting the stage for large-scale solarization of grid-connected agricultural pumps across the state. In an order issued in response to a petition filed by the state’s four distribution companies (DGVCL, MGVCL, PGVCL, and UGVCL) along with Gujarat Urja […]

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Advait, H.G. Infra Sign BESS Deal With GUVNL Backed by VGF

The Gujarat Urja Vikas Nigam Limited (GUVNL) has signed Battery Energy Storage Purchase Agreements (BESPAs) with Gujarat-based Advait Energy and Rajasthan-based H.G. Infra Engineering, following the Gujarat Electricity Regulatory Commission’s (GERC) approval of tariffs discovered through a competitive bidding process for 500 MW/1,000 MWh standalone Battery Energy Storage Systems (BESS) in the state. Under GUVNL’s […]

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NGEL Wins NHPC’s 80 MW/320 MWh BESS Project In Kerala

NTPC Green Energy Limited (NGEL) has successfully emerged as the winning bidder in the e-reverse auction conducted by NHPC Limited on May 21, 2025. NTPC’s renewable energy arm, NGEL secured a cumulative capacity of 80MW/320MWh/Month under the competitive bidding process. Whereas, Gujarat-based Opera Energy secured a 15 MW/50 MWh project for Rs. Rs. 4.38 Lac/MW/Month. […]

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May 22- Results, Prospects Support Green Stocks On A Down Day

Strong results from NTPC Green powered up the green energy developer on a day when the markets corrected. Acme Solar, which had also failed to carry its gains yesterday, made yet another attempt to rise, and rose appreciably, as the markets digested the good numbers from the firm as well. Even SME listed Alpex solar […]

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AD/CVD On Solar Imports From SE Asia Confirmed In US, Batteries Next In Target

The U.S. International Trade Commission has finally made an affirmative determination in its antidumping and countervailing duty (AD/CVD) investigation concerning silicon solar cells and panels from Cambodia, Malaysia, Thailand and Vietnam. That means it has confirmed that US industry is harmed by imports from these markets, leading to the next step, ie  Customs and Border […]

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5 Reasons For Fall in RE Tenders and Awards in 2025 (And How To Course Correct)

India has long positioned itself as a global leader in renewable energy (RE) growth, driven by ambitious targets, investor interest, and a strong policy push. However, as we step into mid-2025, a worrying trend has emerged. There has been a significant drop in renewable energy tenders and awards, particularly in solar and wind segments. According […]

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Australia’s Residential Storage Boom Portends The Next Solar Trigger In India As Well

Australia is among the frontrunners in the recent surge of energy storage that the world is witnessing. Needed in order to support the robust renewable energy growth and the changing energy industry dynamics. The home / residential battery market, in particular, is experiencing significant growth in Australia, with a recent surge in demand attributed to […]

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NTPC Green Q4 Profit Jumps 188% on Strong Revenue

NTPC Green Energy Ltd., a subsidiary of India’s largest power generator, reported a more than three-fold jump in its fourth-quarter net profit, buoyed by robust revenue growth and operational efficiency. For the quarter ended March 31, 2025, the company posted a consolidated net profit of ₹233.21 crore, up sharply from ₹80.95 crore in the same […]

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CIL Floats EOI Seeking Buyers For Its Proposed 4.5 GW RE Power

Coal India Limited (CIL), the world’s largest coal producer and a ‘Maharatna’ enterprise under the Ministry of Coal, Government of India, has announced its ambitious foray into renewable energy with plans to develop 4.5 GW of capacity across India. The state-run mining giant, headquartered in Kolkata, is looking to transform its energy portfolio by tapping […]

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