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New Energy
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Reduction in Grid Stress due to energy storage mandate in Solar Projects
Energy Storage mandate in Solar Projects is expected to release the stress in grid stability by lowering electricity bills for business & also managing demand for discoms. By 2030 it is expected t Read more
Castrol Invests $50 Million in Gogoro’s Battery Future in Taiwan
Castrol is investing $50 million in Taiwan-based Gogoro Inc., a leader in swappable batteries for Electric Two-wheelers. The investment, par... Read more
Servotech, Watt & Well Partner for EV Charger Component in India
Servotech Renewable Power System Ltd. has partnered with Watt & Well SAS to Design, Manufacture, and sell EV Charger Components in India. In... Read more
JBM Ecolife Wins ₹5,500 Crore Electric Bus Contract
JBM Ecolife Mobility, a subsidiary of JBM Auto Ltd., secured a ₹5,500 crore contract under the PM-eBus Sewa Scheme for 1,021 electric buse... Read more
Tesla to Import from Germany as India Plans Evolve
Tesla plans to enter the Indian market by importing vehicles from its German factory instead of China. The company aims to benefit from Indi... Read more
Renewable Energy
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MoP Revises TBCB Guidelines for Solar PV Projects
The Ministry of Power (MoP) has amended Tariff-Based Competitive Bidding (TBCB) guidelines for Solar PV Projects to improve compliance, grid integration, and efficiency. Key changes include specifying Read more
Kuwait Invests in Clean Energy for Sustainable Growth
Kuwait’s Minister of Electricity, Water, and Renewable Energy, Dr. Mahmoud Boushehri, emphasized innovation, cooperation, and strategic pl... Read more
Sumitomo Corporation Acquires 50% Stake in Estonia’s 1 GW Liivi Wind Farm
Japan’s Sumitomo Corporation acquired a 50% stake in the 1GW Liivi Offshore Wind Farm from Enefit Green. The project, located in the Gulf ... Read more
Laos, Vietnam Partner on 1,200 MW Wind Project
Laos and Vietnam have signed an agreement to develop a 1,200 MW Wind Power Project in Nong district, Savannakhet, Laos. Led by Chitchareune ... Read more
Sri Lanka and India will jointly develop 120 MW Solar Plants in Trincomalee
Sri Lanka and India have agreed to establish 120 MW Solar Power plants in Sampur, Trincomalee. The project will be executed in two phases: 5... Read more
Conventional Energy
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IEX Records 16% Growth in January Electricity Trading
In January 2025, the Indian Energy Exchange (IEX) traded 10,910 million units of electricity, up 16% year-on-year. The exchange also saw a record 38.03 lakh Renewable Energy Certificates (RECs) traded Read more
Aggreko reflect on gas plant battery Hybrid Project for Brazil auction
Currently Aggreko is adopting strategies to incorporate more renewable & energy storage capacities into its Brazil project portfolios. Aggre... Read more
BPCL Secures ₹31,802 Crore Loan from SBI for Expansion Bina Refinery Project
Bharat Petroleum Corporation Limited (BPCL) secured a ₹31,802 crore c from a consortium led by State Bank of India for its ₹48,926 crore... Read more
Welspun Inks Pact with Saudi Aramco for Pipe Manufacturing Facility in Saudi Arabia
Welspun Corp Ltd has signed an agreement with Saudi Aramco to set up a Longitudinal Submerged Arc Welded (LSAW) pipe manufacturing facility ... Read more
JSW Energy Wins Bid for KSK Mahanadi Power
JSW Energy announced its successful bid to acquire KSK Mahanadi Power Company, which owns a 3,600 MW thermal power plant, under insolvency p... Read more
Conventional Project
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BHEL Receives LOI from Rajasthan for HVDC Renewable Energy Project
Bharat Heavy Electricals Ltd (BHEL), in consortium with Hitachi Energy India Ltd, received a Letter of Intent (LOI) from Rajasthan Part I Power Transmission Ltd to design and execute a high voltage di Read more
POWERGRID Invests ₹429.16 Crore in 500 MW Wind Energy Projects and Transmission Projects in Gujarat
On February 3, 2025, POWERGRID approved two major investment projects to enhance India’s transmission infrastructure. The first involves a... Read more
POWERGRID Sikar Completes 8 GW Solar Transmission Project in Rajasthan
POWERGRID Sikar Transmission Limited, a subsidiary of Power Grid Corporation of India Ltd., successfully commissioned the “Transmission Sy... Read more
ISTS-TBCB Projects Secure ₹1 Trillion in Awards for 9MFY25
The Inter-State Transmission System (ISTS) under the tariff-based competitive bidding (TBCB) segment in India saw a notable surge in awards,... Read more
AESL Secures Rs 25,000 Crore HVDC Project in Rajasthan
Adani Energy Solutions Ltd (AESL), formerly Adani Transmission Ltd, has secured a Rs 25,000 crore HVDC project for the Bhadla (Rajasthan) to... Read more
Deal Tracker
Read allKuwait Invests in Clean Energy for Sustainable Growth
Kuwait’s Minister of Electricity, Water, and Renewable Energy, Dr. Mahmoud Boushehri, emphasized innovation, cooperation, and strategic planning in transforming the Energy Sector. Speaking at the 24 Read more
Castrol Invests $50 Million in Gogoro’s Battery Future in Taiwan
Castrol is investing $50 million in Taiwan-based Gogoro Inc., a leader in swappable batteries for Electric Two-wheelers. The investment, par... Read more
Servotech, Watt & Well Partner for EV Charger Component in India
Servotech Renewable Power System Ltd. has partnered with Watt & Well SAS to Design, Manufacture, and sell EV Charger Components in India. In... Read more
JBM Ecolife Wins ₹5,500 Crore Electric Bus Contract
JBM Ecolife Mobility, a subsidiary of JBM Auto Ltd., secured a ₹5,500 crore contract under the PM-eBus Sewa Scheme for 1,021 electric buse... Read more
Sumitomo Corporation Acquires 50% Stake in Estonia’s 1 GW Liivi Wind Farm
Japan’s Sumitomo Corporation acquired a 50% stake in the 1GW Liivi Offshore Wind Farm from Enefit Green. The project, located in the Gulf ... Read more
Investment
Read allKuwait Invests in Clean Energy for Sustainable Growth
Kuwait’s Minister of Electricity, Water, and Renewable Energy, Dr. Mahmoud Boushehri, emphasized innovation, cooperation, and strategic planning in transforming the Energy Sector. Speaking at the 24 Read more
Castrol Invests $50 Million in Gogoro’s Battery Future in Taiwan
Castrol is investing $50 million in Taiwan-based Gogoro Inc., a leader in swappable batteries for Electric Two-wheelers. The investment, par... Read more
JBM Ecolife Wins ₹5,500 Crore Electric Bus Contract
JBM Ecolife Mobility, a subsidiary of JBM Auto Ltd., secured a ₹5,500 crore contract under the PM-eBus Sewa Scheme for 1,021 electric buse... Read more
Sumitomo Corporation Acquires 50% Stake in Estonia’s 1 GW Liivi Wind Farm
Japan’s Sumitomo Corporation acquired a 50% stake in the 1GW Liivi Offshore Wind Farm from Enefit Green. The project, located in the Gulf ... Read more
Sri Lanka and India will jointly develop 120 MW Solar Plants in Trincomalee
Sri Lanka and India have agreed to establish 120 MW Solar Power plants in Sampur, Trincomalee. The project will be executed in two phases: 5... Read more
Innovation
Read allKuwait Invests in Clean Energy for Sustainable Growth
Kuwait’s Minister of Electricity, Water, and Renewable Energy, Dr. Mahmoud Boushehri, emphasized innovation, cooperation, and strategic planning in transforming the Energy Sector. Speaking at the 24 Read more
Servotech, Watt & Well Partner for EV Charger Component in India
Servotech Renewable Power System Ltd. has partnered with Watt & Well SAS to Design, Manufacture, and sell EV Charger Components in India. In... Read more
Vikram Solar Expands Capacity to 4.5 GW Globally in India
Vikram Solar Limited has expanded its manufacturing capacity to 4.5 GW, adding 1 GW at its Falta facility in West Bengal and upgrading its C... Read more
Madhya Pradesh Allocates ₹2 Crore for EV R&D Growth
The Madhya Pradesh (MP) government has approved the Electric Vehicle Policy-2025 to promote EV adoption. The policy offers incentives for tw... Read more
Matel Motion, Honda Power Partner for EV Swappable Battery Solution
Matel Motion & Energy Solutions has partnered with Honda Power Pack Energy India to integrate its ePowertrain with Honda's swappable battery... Read more
Geographies
Read allMoP Revises TBCB Guidelines for Solar PV Projects
The Ministry of Power (MoP) has amended Tariff-Based Competitive Bidding (TBCB) guidelines for Solar PV Projects to improve compliance, grid integration, and efficiency. Key changes include specifying Read more
Kuwait Invests in Clean Energy for Sustainable Growth
Kuwait’s Minister of Electricity, Water, and Renewable Energy, Dr. Mahmoud Boushehri, emphasized innovation, cooperation, and strategic pl... Read more
Reduction in Grid Stress due to energy storage mandate in Solar Projects
Energy Storage mandate in Solar Projects is expected to release the stress in grid stability by lowering electricity bills for business &... Read more
Castrol Invests $50 Million in Gogoro’s Battery Future in Taiwan
Castrol is investing $50 million in Taiwan-based Gogoro Inc., a leader in swappable batteries for Electric Two-wheelers. The investment, par... Read more
Servotech, Watt & Well Partner for EV Charger Component in India
Servotech Renewable Power System Ltd. has partnered with Watt & Well SAS to Design, Manufacture, and sell EV Charger Components in India. In... Read more