Uma Gupta
How relaxed FDI norms could transform India’s renewable energy sector
The amended FDI policy for investments from countries sharing land borders with India aims to attract capital and technology for critical solar components—such as cells, wafers, and polysilicon—while retaining strategic control of assets with domestic entities. Industry experts say it could accelerate renewable energy infrastructure and manufacturing, but it also carries risks, including pricing pressure, making careful regulatory oversight essential.
Adani Green Energy commissions record 5.05 GW in FY26
Adani Green Energy Ltd commissioned 5,051 MW of renewable energy capacity in the financial year 2025–26, the highest by any company globally in a single year, excluding China.
TrueRE Oriana Power signs INR 3,135 crore green ammonia offtake agreement with SECI
TrueRE Oriana Power will supply 60,000 tonnes of green ammonia per annum over a period of ten years at a discovered price of INR 52.25 per kg. Madhya Bharat Agro Products Ltd is the end-offtaker, with SECI acting as the intermediary procurer.
Pace Digitek secures INR 4,945 million BESS EPC order from NTPC
Pace Digitek Ltd, an integrated provider of telecom infrastructure and energy solutions, has secured the EPC contract for a 200 MW/400 MWh battery energy storage system (BESS) from NTPC Ltd. The project is to be implemented at the Nabinagar Super Thermal Power Station in Bihar.
Coal India tenders 35 MWp solar EPC at BCCL Dugdha site
Central Mine Planning and Design Institute Ltd (CMPDI), a subsidiary of Coal India Ltd, has invited bids for setting up a 25 MW AC (35 MW DC) ground-mounted solar power plant on a turnkey basis at the Dugdha-II site of Dugdha Coal Washery, operated by Bharat Coking Coal Ltd (BCCL) in Dhanbad, Jharkhand.
NTPC Renewable Energy signs 70,000 tpa green ammonia purchase agreement with SECI
NTPC Renewable Energy Ltd will supply 70,000 tonnes per annum (tpa) of green ammonia to Krishna Phoschem Ltd, located in Meghnagar, Madhya Pradesh, with SECI acting as the intermediary procurer.
ACME Group signs long-term offtake agreement with SECI for 370,000 tpa green ammonia capacity
ACME Group has signed a 10-year binding green ammonia purchase agreement (GAPA) with the Solar Energy Corp. of India (SECI) for 370,000 tonnes per annum (tpa) of green ammonia capacity. The estimated contract value over 10-year period is INR 20,000 crore.
Premier Energies commissions 5.6 GW solar module facility in Telangana
Premier Energies Ltd has commenced trial production at its 5.6 GW solar module manufacturing facility in Seetharampur, Telangana. The new facility produces G12R TOPCon modules with zero busbar (0BB) architecture.
Adani Green Energy switches on 926 MW solar, 25 MW hybrid capacity
Adani Green Energy Ltd (AGEL) has commissioned 926 MW of solar and 25 MW of hybrid projects across Gujarat and Rajasthan.
Saatvik Solar secures INR 638.26 crore TOPCon cell order
Saatvik Solar has secured an INR 638.26 crore order for the supply of G12R TOPCon PV cells. The order is scheduled to be executed by March 2027.
