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Markets & Policy

Datta Infra secures INR 1,500 crore REC loan to develop 500 MW of renewable energy projects

Adyant Enersol, a wholly-owned subsidiary of Datta Infra, has signed an agreement with REC for financing of 500 MW of renewable energy projects.

Renewables share in India’s power generation mix to reach 35% by 2030: ICRA

Ratings agency ICRA projects the share of renewables (including hydro) in India’s power generation mix to rise to 35% by FY 2029-30, from 21% in FY 2024.

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RWE, AM Green Ammonia sign MoU on RFNBO-compliant ammonia supply from India

AM Green Ammonia will supply up to 250,000 tonnes of green ammonia per year from its production sites in Kakinada and Tuticorin.

 

NTPC Green Energy files draft papers for $1.19 billion IPO

The initial public offer (IPO) will comprise only a fresh issue of equity shares, with no offer-for-sale component included.

Sunsure Energy, REC sign MoU for INR 10,000 crore to develop green energy projects

REC has agreed to provide INR 10,000 crore in debt funding to support Sunsure Energy in the development of 3 GW of solar, wind, hybrid, and battery energy storage projects.

The Hydrogen Stream: Gensol, Matrix to set up India’s first green hydrogen valley in Pune

Gensol Engineering and Matrix Gas & Renewables will set up a green hydrogen production plant on a build-own-operate basis, for offtake by the specialty chemical sector.

With energy transition we see strong growth in power and transmission sector: Vedanta Aluminium CEO

John Slaven, chief executive officer, Vedanta Aluminium, sees strong growth in demand from power & transmission and automotive sector with India’s focus on energy transition.

“We want to make India a global hub for Green Hydrogen”: Prime minister Narendra Modi

“The National Green Hydrogen Mission is giving an impetus to innovation, infrastructure, industry and investment,” said Prime minister Narendra Modi in his inaugural address at 2nd International Conference on Green Hydrogen.

MNRE proposes ALMM mandate for solar cells from April 1, 2026

India’s Ministry of New and Renewable Energy (MNRE) has invited suggestions from stakeholders on the draft guidelines of the approved list of models and manufacturers (ALMM) for solar cells as it proposes to make it effective from April 2026.  

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India’s decarbonization presents $12 trillion opportunity in clean technologies

A BloombergNEF study estimates India’s energy sector investment and spending under its net-zero scenario at $12.4 trillion over 2024-50, 34% (or about $3 trillion) higher than in the economic transition scenario.

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