The strategic collaboration with Rotomag will equip Su-vastika with deep industrial expertise and robust manufacturing capabilities as it aims to scale clean, intelligent, and scalable energy solutions across India and global markets.
Reliance Infrastructure secured the largest slice of 390 MW. Other winners include PNC Infratech and SAEL Industries (300 MW each), JBM Renewables (150 MW) and Navayuga Engineering (60 MW).
As of June 30, 2025, India reached a cumulative installed power capacity of 484.82 GW with 242.8 GW coming from non-fossil fuel sources (8.8 GW nuclear, 49.4 GW hydro, and 184.6 GW renewable energy sources).
Alpex Solar Ltd has approved a definitive procurement agreement with TP Solar Ltd for supply of solar cells with a minimum aggregate capacity of 300 MW.
The persistent evening peaks, which now nearly match daytime highs, reinforce the urgency of deploying storage solutions, demand-side measures and hybrid renewable projects to meet post-sunset demand.
SAEL Industries Ltd will invest around INR 8,200 crore to establish a 5 GW integrated solar cell and module manufacturing facility in Greater Noida, Uttar Pradesh. Once operational, it will take SAEL’s total solar manufacturing capacity to 8.5 GW.
Ola Electric says at 5 GWh scale, the cost of making the battery cell in-house will be lower than procuring it from vendors.
Shakti Pumps (India) Ltd has invested INR 12 crore in its wholly owned subsidiary, Shakti Energy Solutions Ltd, in exchange for equity shares.
The promoter group’s shareholding in Adani Green Energy Ltd (AGEL) has now increased from 61.91% to 62.17%.
GP Eco Solutions has secured an INR 121.92 crore EPC (engineering, procurement, and construction) contract for a ground-mounted, grid-connected solar power project with a capacity of 24 MW AC (31.67 MW DC).
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