NLC India Renewables Ltd has secured a power purchase agreement with Rajasthan Rajya Vidyut Utpadan Nigam Ltd for an 810 MW solar power project in Rajasthan.
The funding will support the construction of a new state-of-the-art 4 GW TOPCon cell facility in Dholera, Gujarat.
The project is India’s first utility-scale standalone battery energy storage system to obtain regulatory approval under Section 63 of the Electricity Act, 2003.
In April 2025, Uttar Pradesh (UP) became the latest state to enter the pumped hydro storage market by signing power purchase agreements (PPAs) for a cumulative capacity of 2.75 GW/22 GWh (8-hour solution).
To support the projected EV growth, India’s cumulative installed electric vehicle (EV) charging points—public and captive—will need to grow from around 76,000 in 2024 to between 0.9 million and 2.1 million by 2032, according to the report by India Energy Storage Alliance (IES) and Customized Energy Solutions (CES).
Techno Electric & Engineering Co. Ltd (TEECL), a provider of power infrastructure solutions, has unveiled a $1 billion investment plan to develop a cumulative data center capacity of 250 MW across India.
NTPC Green Energy Ltd (NGEL) has tendered the EPC package for the development of a grid-connected 250 MW/1,000 MWh battery energy storage system (BESS) at its Kayamkulam thermal plant in Kerala.
NTPC Green Energy Ltd (NGEL) has tendered the EPC package for development of battery energy storage system (BESS) at NTPC Ramagundam (100 MW/400 MWh) and Sipat (30 MW/120 MWh).
India Ratings and Research (Ind-Ra) has affirmed Adani Green Energy Ltd’s (AGEL) long-term issuer rating at ‘IND AA-’ with a Stable outlook. It has also resolved the rating watch with negative implications.
Coal India Ltd (CIL) and U.P. Rajya Vidyut Utpadan Nigam Ltd (UPRVUNL) have signed a non-binding Memorandum of Understanding (MoU) to establish a 500 MW solar power project in Uttar Pradesh.
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