NTPC Green Energy Ltd (NGEL) has signed a Memorandum of Understanding (MoU) with Assago Industries for the supply of green ammonia, CO₂, renewable power, and other utilities to support the production of 1,000 tonnes per day (tpd) of green urea.

More than 2.08 million rooftop solar systems have been installed across India under the PM Surya Ghar: Muft Bijli Yojana as of Dec. 2025, according to the Ministry of New and Renewable Energy.

Coal-based thermal power is expected to remain the backbone of electricity generation in FY27, accounting for around 70%, even as renewable energy continues to dominate incremental capacity additions.

Epic Energy has selected REFNIC as the technical partner for setting up a lithium-ion battery shredding facility with an installed capacity of 500 kilograms per hour of black-mass production, and a second-life battery assembly plant with an installed processing capacity of approximately 10 MWh per month.

South Korea’s GS Engineering & Construction (GS E&C) has officially entered India’s renewable energy market with the completion of the 12.75 MWp Patur Solar Park in Maharashtra, marking the start of its commercial operations.

India’s Union Budget 2026–27 extends basic customs duty (BCD) exemptions on the import of capital goods used for lithium-ion cell production for battery energy storage systems (BESS), as well as capital goods required for processing critical minerals. It also removes the 7.5% BCD on sodium antimonate used in solar glass manufacturing.

IEEFA’s assessment finds that while most companies have announced net-zero or emission reduction targets, only a limited number link these goals to capital expenditure plans, revenue assumptions or changes in business strategy, making it difficult for investors and lenders to assess the feasibility of transition pathways.

Japan Credit Rating Agency (JCR), Japan’s leading rating agency, has assigned Adani Green Energy Ltd (AGEL) a long-term foreign currency credit rating of BBB+ with a Stable outlook, at par with India’s sovereign credit rating of BBB+.

The role of carbon steel pipes in India’s energy and infrastructure grid will continue to evolve alongside the country’s development priorities. As networks expand and operating conditions become more demanding, value will be defined not by capacity alone, but by lifecycle performance, reliability, and sustainability.

Crisil Ratings has assigned higher ratings to five special purpose vehicles (SPVs) of SAEL Industries Ltd, citing revenue stability, adequate debt coverage metrics, and execution capabilities across SAEL’s solar power generation and PV module manufacturing operations.