South Korea’s GS Engineering & Construction (GS E&C) has officially entered India’s renewable energy market with the completion of the 12.75 MWp Patur Solar Park in Maharashtra, marking the start of its commercial operations.
Bhutan’s Druk Green Power Corporation and India’s Carbon Resources Private Limited have agreed to collaborate on new solar and hydropower projects in Bhutan with capacities between 100 MW and 250 MW.
We are preparing for a future where transformers are dynamic energy hubs, stabilizing a grid that is constantly fluctuating between charging EVs and absorbing solar export.
India’s Union Budget 2026–27 extends basic customs duty (BCD) exemptions on the import of capital goods used for lithium-ion cell production for battery energy storage systems (BESS), as well as capital goods required for processing critical minerals. It also removes the 7.5% BCD on sodium antimonate used in solar glass manufacturing.
IEEFA’s assessment finds that while most companies have announced net-zero or emission reduction targets, only a limited number link these goals to capital expenditure plans, revenue assumptions or changes in business strategy, making it difficult for investors and lenders to assess the feasibility of transition pathways.
Japan Credit Rating Agency (JCR), Japan’s leading rating agency, has assigned Adani Green Energy Ltd (AGEL) a long-term foreign currency credit rating of BBB+ with a Stable outlook, at par with India’s sovereign credit rating of BBB+.
The role of carbon steel pipes in India’s energy and infrastructure grid will continue to evolve alongside the country’s development priorities. As networks expand and operating conditions become more demanding, value will be defined not by capacity alone, but by lifecycle performance, reliability, and sustainability.
Crisil Ratings has assigned higher ratings to five special purpose vehicles (SPVs) of SAEL Industries Ltd, citing revenue stability, adequate debt coverage metrics, and execution capabilities across SAEL’s solar power generation and PV module manufacturing operations.
Luminous Power Technologies has inaugurated its first lithium-ion battery assembly line at Baddi, Himachal Pradesh. This new line is designed to produce standalone lithium-ion battery packs, stationary battery energy storage systems (BESS), and automotive battery packs for e-rickshaw applications.
Sunsure Energy has started supplying solar power to Max Healthcare Institute’s Super Speciality Hospital in Noida under a long-term power purchase agreement (PPA).
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