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New Delhi, Aug 18 (PTI) SAEL Industries has signed two power purchase agreements for a combined solar power capacity of 880 megawatt in Punjab and Gujarat. Of the total, 400 megawatt (MW) will be set up in Punjab and 480 MW in Gujarat, the company said in a statement. In Gujarat, SAEL, through its subsidiaries SAEL Solar P Sixteen Private Ltd and SAEL Solar P Seventeen Private Ltd, has signed a PPA with Gujarat Urja Vikas Nigam Ltd (GUVNL) for a total capacity of 480 MW AC of solar photovoltai ...Read More >
New Delhi : SAEL Industries Ltd. (SIL), an integrated renewable energy company, has signed two Power Purchase Agreements (PPAs) for solar photovoltaic (PV) power projects with a combined capacity of 880 MW (AC), including 400 MW in Punjab and 480 MW in Gujarat. These projects will add to SAEL's solar Individual Power Production portfolio. In Gujarat, SAEL, through its subsidiaries SAEL Solar P Sixteen Private Limited and SAEL Solar P Seventeen Private Limited, has signed a Power Purchase Agreem ...Read More >
Solar photo-voltaic company Vikram Solar has fixed a price band of Rs 315-322 for its upcoming initial public offering (IPO), which will open for bidding next week, on August 19. The issue comprises a fresh component aggregating up to Rs 1,500 crore and an offer for sale component, which will include the selling shareholders offloading 17,450,882 shares in the company. At the upper range of the price band, the selling shareholders' portion aggregates to Rs 579.36 crore, taking the total IPO si ...Read More >
Bengaluru -- In a landmark development for India's power and infrastructure manufacturing landscape, Zetwerk Manufacturing Businesses Pvt Ltd, a digital manufacturing platform, has acquired a controlling stake in KRYFS Power Components Ltd., a market leader in transformer solutions. This strategic move positions Zetwerk at the forefront of India's energy and electrification revolution, combining cutting-edge digital manufacturing with decades of engineering excellence to serve a fast-growing, i ...Read More >
NEW DELHI: As India pushes towards self-reliance in the energy transition, a total of 100 GW of solar module manufacturing capacity has been developed and included under the Approved List of Models and Manufacturers (ALMM). Union Minister for New and Renewable Energy, Pralhad Joshi, highlighted the milestone on X, stating: "India has achieved a historic milestone -- 100 GW Solar PV Module Manufacturing Capacity under the Approved List of Models and Manufacturers (ALMM) -- a remarkable rise from ...Read More >
New Delhi: Traffic in central Delhi will be affected on Thursday as the traffic police has issued an advisory due to the Janmashtami and Tazia processions.According to police, the traffic movement in Paharganj is likely to be affected from 1.30pm in view of the shobha yatra for Janmashtami and the Tazia procession.The Janmashtami procession will start from Mandir Shri Banke Bihari Ji in Paharganj's Sangatrasan Bazar and pass through Desh Bandhu Gupta Road, Chuna Mandi, Main Bazar, Munja Chowk an ...Read More >
New Delhi, Aug 13 (PTI) India's solar module manufacturing capacity has hit the 100 GW mark from just 2.3 GW in 2014, Union Minister Pralhad Joshi said on Wednesday. The progress brings India close to its vision of having 500 GW of non-fossil fuel-based capacity by 2030, the Minister for New and Renewable Energy (MNRE) said in a post on X. "India has achieved a historic milestone -- 100 GW solar PV module manufacturing capacity under the Approved List of Models and Manufacturers (ALMM), a rema ...Read More >
India's empanelled solar photovoltaic (PV) module manufacturing capacity under the Approved List of Models and Manufacturers (ALMM) has touched 100 gigawatts (GW), the Ministry of New and Renewable Energy (MNRE) said on Wednesday. The 100 GW solar module capacity developed is fully listed under the government's ALMM, which specifies the solar PV modules and manufacturers eligible for use in government and government-assisted solar projects. It ensures that only quality-assured and compliant mod ...Read More >
New Delhi, Jul 19 (PTI) Delhi Chief Minister Rekha Gupta celebrated her 51st birthday in her ancestral village, Nandgarh, in neighbouring Haryana on Saturday. Prime Minister Narendra Modi and other top Union ministers and BJP leaders greeted Gupta, born on July 19, 1974, on her first birthday after becoming the chief minister in February. "Best wishes to Delhi Chief Minister, Smt. Rekha Gupta ji, on her birthday. Rising through the ranks, she has always remained active in serving Delhi. As Chi ...Read More >
Bengaluru : Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, one of India's leading renewable energy players, has signed its first Battery Energy Storage Purchase Agreement (BESPA) with NHPC Limited (NHPC). The project, secured under NHPC's BESS Tranche-I tender through a competitive bidding route for Kerala State Electricity Board Limited being the end user of the Battery Energy Storage System (BESS) asset, involves setting up a 30 MW / 120 MWh batte ...Read More >
Mumbai, July 18 (SocialNews.XYZ) Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, has signed its first Battery Energy Storage Purchase Agreement with Government-owned power major NHPC Limited. The project, secured under NHPC's BESS tranche-I tender through a competitive bidding route for Kerala State Electricity Board Limited being the end user of the Battery Energy Storage System (BESS) asset, involves setting up a 30 MW/120 MWh battery storage syste ...Read More >
New Delhi: The Sarai Kale Khan Namo Bharat station, which will be the converging point for three Regional Rapid Transit System (RRTS) corridors, is ready for operations. Trial runs have been concluded with the state govt to take a final decision on when it can open for public use."The final touches are being given to the station," said an official of the National Capital Region Transport Corporation (NCRTC), which is executing the Delhi-Ghaziabad-Meerut RRTS corridor. Sarai Kale Khan is set to b ...Read More >
Mumbai: The high-efficiency, low-cost Silicon-Perovskite Tandem solar cells developed at IIT-Bombay is a game-changer for the country's solar energy future, said union minister Pralhad Joshi during his visit to the institute on Monday. While the ministry for new and renewable energy (MNRE) has so far provided Rs 200 crore to IIT-Bombay's National Centre for Photovoltaic Research and Education (NCPRE) for research and development in solar cells, power electronics and batteries, among other things ...Read More >
New Delhi: India's installed solar capacity has grown by an unprecedented 4,000% over the past decade, taking the country's total renewable energy capacity to 227 GW. Addressing the 11th India Energy Storage Week (IESW) in the capital on Thursday, Union Commerce and Industry Minister Piyush Goyal said India may well be the first G20 nation to have achieved its Nationally Determined Contributions under the Paris Agreement. Goyal cited Palli village in Jammu and Kashmir, which has become the coun ...Read More >
New Delhi: Commerce and industry minister Piyush Goyal on Thursday urged the energy storage industry to reduce dependence on imports from certain countries, explore alternative sources of supply and focus on research and development for creation of innovative products. "We must work to prevent distortions. We must reduce our dependency on particular geographies and look at alternative sources of supply, where we can have resilience in our supply chain," he said at the 11th India Energy Storage ...Read More >
New Delhi: Commerce and industry minister Piyush Goyal on Thursday urged the energy storage companies to cut dependency on imports from certain countries and explore alternate sources of supply. He also suggested the industry to focus on research and development for creation of innovative products. "We must work to prevent distortions. We must reduce our dependency on particular geographies and look at alternative sources of supply, where we can have resilience in our supply chain," Goyal said ...Read More >
New Delhi, Jul 9 (PTI) The Municipal Corporation of Delhi (MCD) is likely to install rooftop solar power plants on 989 municipal buildings in a bid to reduce dependency on conventional power sources and lower electricity costs, officials said on Wednesday. The project will be executed in collaboration with NTPC Vidyut Vyapar Nigam Limited (NVVN), a wholly-owned subsidiary of NTPC. Under the RESCO model, the executing agency bears the cost of installation, operation, and maintenance and is reim ...Read More >
New Delhi, Jul 9 (PTI) The Municipal Corporation of Delhi (MCD) is likely to install rooftop solar power plants on 989 municipal buildings in a bid to reduce dependency on conventional power sources and lower electricity costs, officials said on Wednesday. The project will be executed in collaboration with NTPC Vidyut Vyapar Nigam Limited (NVVN), a wholly-owned subsidiary of NTPC. Also Read | Belagavi Shocker: 3 of Family Members Die by Suicide After Consuming Poison Over Debt in Karnataka. U ...Read More >
New Delhi, Jul 9 (PTI) Tata Power Skill Development Institute, an initiative of Tata Power on Wednesday launched a centre in the national capital to skill professionals in the solar energy sector. The centre was inaugurated by Santosh Kumar Sarangi, Secretary, Ministry of New and Renewable Energy (MNRE) and Tata Power CEO and MD Praveer Sinha. Also Read | Kolkata Fatafat Result Today: Kolkata FF Result for July 09, 2025 Declared, Check Winning Numbers and Result Chart of Satta Matka-Type Lotte ...Read More >
New Delhi, Jul 7 (PTI) Solar pumps maker Shakti Pumps (India) Ltd on Monday said it has raised Rs 292.60 crore through Qualified Institutional Placement. The company issued 31.87 lakh shares to qualified institutional investors at Rs 918 per share, a 4.97 per cent discount to the Sebi floor price of Rs 965.96. The proceeds will be used to establish a high efficiency solar domestic content requirement (DCR) cell and solar PV modules manufacturing plant in Pithampur, Madhya Pradesh, through subs ...Read More >
Shakti Pumps (India) Ltd raised Rs 292.60 crore via Qualified Institutional Placement to fund a new solar PV modules plant in Madhya Pradesh. The funds, gathered by issuing shares at Rs 918 each, will aid in establishing a 2.20 GW production facility, enhancing the company's backward integration. Shakti Pumps (India) Ltd announced on Monday its successful capital raise of Rs 292.60 crore through Qualified Institutional Placement. The initiative involved issuing 31.87 lakh shares at a price of R ...Read More >
Stocktwits - Indian markets opened on a cautious note on Monday, with the Nifty hovering around the 25,450 level as investors await clarity on US tariffs, Reports suggest that a mini-trade deal between the US and India is likely to be announced within the next two to three days. On the other hand, US President Donald Trump issued a warning to BRICS member countries, threatening to impose a 10% additional tariff on any nation that aligns itself with 'anti-American' policies of the bloc. At 09:4 ...Read More >
New Delhi, Jul 6 (PTI) Makers of solar photovoltaic modules and solar cells Emmvee Photovoltaic Power Ltd on Sunday filed preliminary papers with capital markets regulator Sebi to raise Rs 3,000 crore through an initial public offering (IPO). The IPO comprises fresh issue of shares worth Rs 2,143.86 crore and an offer for sale (OFS) of shares valued Rs 856.14 crore by promoters, according to the draft red herring prospectus (DRHP). Also Read | When Will Maharashtra Govt Disburse Ladki Bahin Yo ...Read More >
New Delhi, Jul 6 (PTI) Makers of solar photovoltaic modules and solar cells Emmvee Photovoltaic Power Ltd on Sunday filed preliminary papers with capital markets regulator Sebi to raise Rs 3,000 crore through an initial public offering (IPO). The IPO comprises fresh issue of shares worth Rs 2,143.86 crore and an offer for sale (OFS) of shares valued Rs 856.14 crore by promoters, according to the draft red herring prospectus (DRHP). Proceeds from the fresh issue to the tune of Rs 1,607.90 crore ...Read More >
New Delhi, Jul 1 (PTI) Hindustan Power has bagged an order from state-owned SJVN for a 100 MW solar project to be set up along with a 200 megawatt hour (MWh) batter energy storage system. The inter-state transmission system (ISTS) project was secured through a tariff-based competitive bidding, followed by a successful e-reverse auction. It is a part of the 1200 MW ISTS-connected Solar PV power projects with 600 MW/2400 MWh Energy Storage Systems (ESS) to be set up anywhere in India, Hindustan ...Read More >
New Delhi, Jun 30 (PTI) NTPC Green Energy Limited (NGEL) on Monday announced the beginning of commercial operation of a 64.7-MW capacity -- part of a 1,255-MW solar power project in Gujarat. The "third part capacity of 64.7 MW out of 1,255 MW Khavda-I Solar PV Project of wholly-owned subsidiary NTPC Renewable Energy Limited... in Gujarat under CPSU scheme Phase-II Tranche-III, is declared" commercially operational with effect from June 30, NGEL said in a regulatory filing. The first part capac ...Read More >
New Delhi, Jun 27 (PTI) Gujarat-based Rayzon Solar has filed a draft paper with capital markets regulator Sebi to raise Rs 1,500 crore through an initial public offering (IPO). The IPO is entirely a fresh issue of up to Rs 1,500 crore with no offer for sale component. The offer also includes a subscription reservation with a discount to eligible persons in the employee reservation portion, according to the draft red herring prospectus (DRHP) filed on Wednesday. Also, the company is looking to ...Read More >
Chennai, June 2025: India Yamaha Motor (IYM) Pvt. Ltd. is proud to commemorate a significant milestone in its manufacturing journey with the completion of 10 years of operations at its Chennai Factory. Reinforcing its role as a critical production base for both domestic and global markets, the company also celebrated the roll-out of its 5 millionth two-wheeler from this state-of-the-art facility -- an Aerox 155 Version S that marked the milestone. Over the past decade, the Chennai plant has bec ...Read More >
New Delhi, Jun 6 (PTI) Surat-based KP Group on Friday said it has inked three strategic initial pacts with energy and power management solutions provider Delta Electronics India. This collaboration spans three high-impact areas: Battery Energy Storage Systems (BESS), Green Hydrogen and EV Charging Infrastructure and Solar PV Inverters, a statement said. The Memoranda of Understanding (MoUs) were signed by Niranjan Nayak, Managing Director of Delta Electronics India, and Faruk Patel, Chairman a ...Read More >
New Delhi, Jun 6 (PTI) Surat-based KP Group on Friday said it has inked three strategic initial pacts with energy and power management solutions provider Delta Electronics India. This collaboration spans three high-impact areas: Battery Energy Storage Systems (BESS), Green Hydrogen and EV Charging Infrastructure and Solar PV Inverters, a statement said. Also Read | Bodoland Lottery Result Today, June 06, 2025: Assam State Lottery Sambad Friday Lucky Draw Results Declared, Check Winners List Wi ...Read More >
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