Adyant Enersol, a wholly-owned subsidiary of Datta Infra, has signed an agreement with REC for financing of 500 MW of renewable energy projects.
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.
AM Green Ammonia will supply up to 250,000 tonnes of green ammonia per year from its production sites in Kakinada and Tuticorin.
The initial public offer (IPO) will comprise only a fresh issue of equity shares, with no offer-for-sale component included.
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.
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.
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.
“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.
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.
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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