The critical role of IPPs in driving 250 GW of new energy
At a time when many countries struggle with energy nationalism and policy flip-flops, India’s independent power producer (IPP)-driven model offers a decentralised, market-based, and scalable solution to clean energy growth. Their role in catalysing 250 GW of new capacity by 2030 will be central to India’s climate pledges under the Paris Agreement and its goal of net-zero emissions by 2070.
NTPC switches on 193 MW at Nokh Solar PV Project
The 193 MW addition follows the commissioning of 245 MW of the 735 MW Nokh Solar PV project in March this year.
IndiGrid to acquire 300 MW solar asset from ReNew
The solar asset, Renew Solar Aayan Pvt Ltd (RSAPL), has been operational since March 2024 and benefits from a long-term 25-year power purchase agreement (PPA) with Solar Energy Corp of India (SECI) at a fixed tariff of INR 2.37 per kWh.
L&T wins civil works for 1.5 GW pumped storage project in Maharashtra
Larsen & Toubro has secured an order from JSW Energy to execute civil works for the 1.5 GW Bhavali pumped storage project in Maharashtra.
Orb Energy installs 700 kW rooftop solar system to power Bergen Pipe factory
Bergen Pipe Supports India’s factory in Tirupati, Andhra Pradesh, is projected to save more than INR 70 lakh per annum from their rooftop solar system, with payback in just 3 years 8 months.
THDC commissions 250 MW pumped storage unit in Tehri
THDC India Ltd, a subsidiary of NTPC Ltd, has commissioned the first unit of 250 MW of its 1 GW variable-speed pumped storage hydro power project in Uttarakhand.
Hygenco breaks ground on green ammonia plant in Odisha
Strategically located at the Gopalpur port hub, the plant will meet both domestic and global demand for green ammonia—enabling decarbonization across key industrial sectors.
Maxvolt Energy to expand lithium battery recycling capacity
Maxvolt Energy plans to set up a recycling and repurposing plant close to its lithium battery manufacturing unit in Ghaziabad, enabling better supply chain integration and operational efficiency.
Saatvik Solar breaks ground on 4.8 GW PV cell and 4 GW module manufacturing facility in Odisha
The facility will start solar module manufacturing by the end of fiscal 2026, with cell production scheduled to commence by the end of fiscal 2027.
NTPC Renewable Energy commissions 110.25 MW solar, secures PPA for 1 GW
NTPC Renewable Energy Ltd (NREL) has commissioned a 110.25 MW portion of its 1,255 MW Khavda-I Solar PV Project. It has also secured a power purchase agreement with Uttar Pradesh Power Corp. Ltd for a 1 GW PV project.
