Shakti Pumps (India) Limited has announced an investment of ₹3.8 crores in its wholly owned subsidiary, Shakti Energy Solutions Private Limited (SESPL). The investment involves the subscription to 3.8 crore equity shares with a face value of ₹1 each, according to a press release issued by the company. SESPL, incorporated in 2010, operates in the […]
NTPC Renewable Energy (NTPC REL), a subsidiary of NTPC Green Energy, has been awarded a 1,000-MW solar power project through a bidding process conducted by Uttar Pradesh Power Corporation Limited (UPPCL). The project was finalized during an e-reverse auction on January 3, 2025, under a tariff of Rs 2.56 per kWh. The project is part […]
KPI Green Energy Limited announced that its subsidiary, Sun Drops Energia Private Limited, has received Letters of Award and Intent to develop solar power projects with a total capacity of 32.15 megawatts (MW). These projects will be undertaken under the company’s Captive Power Producer (CPP) business segment. The contracts were awarded by multiple domestic entities, […]
Gensol Engineering Ltd. has been awarded a contract to develop a 22 MW ground-mounted solar photovoltaic (PV) project for a steel products company in Punjab. The project is valued at ₹88 crore and is scheduled for completion within six months. The initiative will feature bi-facial solar modules, selected to optimize energy generation and ensure long-term […]
RMC Switchgears Limited has announced plans to establish a solar module manufacturing plant with an annual production capacity of 1 gigawatt peak (GWp) and an equivalent capacity for solar module mounting structures. The facility will be set up in Badodiya Village, Chaksu Tehsil, Jaipur, Rajasthan, adjacent to the company’s existing operations. The project involves an […]
Adani Green Energy Limited (AGEL), through its subsidiary Adani Green Energy Twenty Five Limited, has announced the commissioning of a 250 MW solar power plant at Badi Sid, in Jodhpur district, Rajasthan. The project became operational following regulatory clearances and was declared commissioned at 11:45 p.m. on December 11, 2024. This development increases AGEL’s total […]
Airox Nigen has established a 600 MW solar module manufacturing facility in Rohnat, Haryana, as part of its 2 GW renewable energy project. The plant, situated on a 17-acre renewable energy park, represents the initial phase of an investment of ₹800 crore in renewable energy initiatives. The facility is designed to produce photovoltaic (PV) modules […]
The INOXGFL Group has announced its entry into solar manufacturing through a new entity, Inox Solar, with plans to establish a significant presence in the renewable energy sector. The group has outlined an investment of ₹1,500 crore (approximately $180 million) to develop an initial production capacity of 5 GW for solar modules and 2.5 GW […]
Avaada Group has announced plans to establish two significant solar module manufacturing facilities in Uttar Pradesh. The first, Avaada Giga Factory, located in Dadri, Gautam Buddha Nagar, is set for inauguration. Additionally, the company has proposed a 5 GW integrated solar module manufacturing unit in Ecotech-16, Greater Noida. During a meeting with Uttar Pradesh Chief […]
Tata Power has inaugurated a solar cell and module manufacturing facility in Tamil Nadu with a production capacity of 4.3 GW. The plant, established with an investment of ₹4,300 crore ($508 million), spans 317 acres and is dedicated to serving India’s domestic solar market. According to Praveer Sinha, CEO of Tata Power, the plant’s production […]