Uma Gupta
ONGC NTPC Green acquires Ayana Renewable Power
ONGC NTPC Green, a joint venture of ONGC Green and NTPC Green Energy, has signed the agreement to acquire a 100% equity stake in Ayana Renewable Power (Ayana) for INR 195 billion ($2.3 billion).
Epsilon Group commits INR 15,350 crore for EV battery materials, testing facility in Karnataka
Epsilon Group plans to invest INR 9,000 crore to set up a graphite anode manufacturing plant and INR 6,000 crore for a lithium iron phosphate (LFP) cathode manufacturing plant in Karnataka. In addition, it will invest INR 350 crore to build a battery materials and battery testing R&D and training center in the state.
KPIT selects Trentar Energy as manufacturing partner for sodium-ion battery technology
KPIT has signed the technology transfer agreement with Trentar Energy Solutions for commercialization of its sodium-ion battery technology. Under the agreement, Trentar will build a 3 GWh sodium-ion manufacturing facility with KPIT receiving upfront technology transfer fees and additional royalty fees over eight years.
ACME Solar Holdings reassigned A+/Positive credit rating by Crisil
Acme Solar Holdings Ltd has been reassigned ‘Crisil A+/Positive’ rating for its long-term bank loan facilities of INR 200 crore.
The Hydrogen Stream: Indian state of Assam plans 25 MW green hydrogen plant
SGEL Assam Renewable Energy Ltd, a joint venture between SJVN Green Energy Ltd and Assam Power Distribution Co. Ltd, intends to develop a 25 MW green hydrogen plant within the state of Assam.
India exported solar modules worth $782 million in April-Nov. period of 2024
India exported solar PV modules worth around $782 million in FY 2024-25 till Nov. 2024. The value of exports to USA stood at $756.08 million.
Waaree breaks ground on alkaline electrolyser factory
Waaree Group has started building its alkaline electrolyser manufacturing facility in Gujarat. The facility will initially commence operations with a production capacity of 300 MW.
Grew Solar to set up 3 GW ingot-module factory in Madhya Pradesh
Grew Solar’s facility in Madhya Pradesh will produce 3 GW of ingots, wafers, cells and modules per year.
Genus Power’s orderbook crosses INR 31,300 crore
As on Dec. 31, 2024, Genus Power Infrastructures’ total order book (including all special purpose vehicles and GIC platform) stands at about INR 31,302 Crore (net of taxes).
TCIL seeks EPC partner for 120 MW solar project in Bhutan
Telecommunications Consultants India Ltd has floated a Request for Proposal (RFP) for the selection of a consortium partner for design, supply, installation, testing and commissioning of 120 MWp Jamjee solar PV project in Thimphu.
