IEEFA’s analysis finds that the International Sustainability Standards Board (ISSB) S2 offers robust climate-specific guidance, while the Business Responsibility and Sustainability Reporting (BRSR) framework adopts a broader, ESG-oriented approach, with limited alignment to climate transition planning needs.

ICRA expects the Indian steel industry’s decarbonization to be gradual, with near-term emission reductions driven mainly by higher adoption of renewable energy and improvements in operational efficiency, as high costs and technology constraints limit faster decarbonization.

Inox Green Energy Services Ltd has secured a Letter of Award (LoA) from KEC International Ltd (KEC) to provide operations and maintenance services for a 625 MWp solar project at Bhadla, Rajasthan.

Kosol Energie has signed a memorandum of understanding (MoU) with the Government of Gujarat to invest INR 90,000 crore in the State. The company said the proposed investment will support the development of advanced solar module manufacturing facilities, next-generation R&D centers, large-scale renewable energy parks, and integrated green energy ecosystems.

The newly launched LNK Energy plans INR 10,000 crore investment to build an integrated clean energy platform spanning solar manufacturing, green fuels and renewable power generation. The company will start with a 6 GW solar cell and module facility with integrated ingot and wafer production in Maharashtra, with plans to expand into related component manufacturing, green hydrogen and renewable power generation.

The share of thermal power in India’s electricity generation is expected to fall below 70% next fiscal, driven by slower growth in power demand and a sharp rise in renewable energy (RE) generation, according to Crisil Ratings.

Jupiter International Ltd has secured an order for the manufacturing, supply, installation, testing, and maintenance of off-grid solar PV water pumping systems (SPWPS) under the Magel Tyala Saur Krushi Pump Yojana (MTSKPY) in Maharashtra.

Alpex Solar Ltd has announced that it has secured a solar module supply order valued at INR 215.20 crore (excluding GST) from a domestic industry player. The order involves the supply of high-efficiency solar modules and is scheduled to be executed over a six-month period.

Vikram Solar Ltd today announced adoption of G12R format across its entire PV module portfolio. The company said the move reflects broader industry trends toward larger-format wafers, high-efficiency n-type technologies, and bifacial module designs aimed at improving energy yield and project economics.

New orders of INR 3,086 crore in Q3 and a robust pipeline for Q4 gives the company the confidence to revise its order booking guidance to over INR 11,000 crore this fiscal.