TACC will use the INR 1,230 crore credit facility secured from the State Bank of India to fund its lithium-ion battery grade graphite anode facility with a capacity of 20,000 mtpa in Dewas, Madhya Pradesh.
Oyster Renewable Energy has achieved financial closure for its 342 MW solar-wind hybrid power project in Madhya Pradesh by securing a project loan of INR 1,844 crore from Union Bank of India.
Jaiprakash Power Ventures is considering setting up a 50 MW solar plant at its existing thermal power project site in Bina, Madhya Pradesh.
Jakson Engineers Ltd is set to invest over INR 8,000 crore to establish a 6 GW integrated solar module, cell and wafer manufacturing plant at Maksi Phase II in Madhya Pradesh. The first modules from the plant are expected to roll out by May 2026 followed by cells in September 2026.
NTPC Renewable Energy Ltd (NTPC REL) has commissioned 120 MW solar capacity in Madhya Pradesh and 289 MW in Gujarat
The company expects to start operations on the 3 GW solar cell line by the first half of fiscal 2027.
Waaree Energies has signed a power purchase agreement to supply 150 MW of solar power to M.P. Power Management Co. Ltd (MPPMCL).
Oyster Renewable Energy will develop a 282 MW wind-solar hybrid power project to supply clean energy to Jindal Stainless’ manufacturing units under a 25-year group captive power purchase agreement. The project will be strategically located in Bhuj (Gujarat) and Agar (Madhya Pradesh).
Ciel & Terre has announced the completion of a 120 MWp floating solar array at Omkareshwar in Madhya Pradesh. The installation features many firsts by the company, including rock bolt anchoring, customized floating inverter barge based on reinforced fibre glass polymer, and floating system built using spin welding method.
GP Eco Solutions India has signed a Memorandum of Understanding (MoU) with the Government of Madhya Pradesh to set up manufacturing facility for 5 GW of solar panels and 2 GW of cells in Madhya Pradesh.
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