Omnicore Weekly #258 - 8 May 2026

Coal India Limited has secured a ₹400 crore order from GRIDCO Limited to develop a 320 MWh battery energy storage system (BESS) project in Odisha. The project will b

Maharashtra approved the ₹12,303 crore MAGESTIC scheme to raise renewable energy share from 17% to 50% by 2030. The plan includes 40 substations, transmission upgrad

NTPC Renewable Energy Limited has invited bids for the ICT (Inter-Connecting Transformer) package for its 900 MW solar project in Mandsaur, Madhya Pradesh. The tender

Shakti Pumps India Ltd has secured a ₹155.24 crore (₹142.55 crore excluding GST) contract from Maharashtra State Electricity Distribution Company Limited to supply

Power Grid Corporation of India Limited has approved raising up to ₹4,000 crore through an unsecured rupee term loan or line of credit from State Bank of India. The

Gujarat State Electricity Corporation Limited has sought approval for a ₹1.87/kWh tariff for its 40 MW Pachham solar project in Gujarat. The project, costing ₹205.

Tata Power Renewable Energy Limited, a subsidiary of Tata Power, has approved a ₹6,500 crore investment to establish photovoltaic ingot and wafer manufacturing facil

Purvah Green Power has signed a Power Purchase Agreement with Solar Energy Corporation of India for a 250 MW wind project at a tariff of ₹3.69/kWh under Wind Tranche

Blackstone, through its infrastructure funds, plans to invest up to €2 billion in Eurowind Energy to accelerate renewable energy development across Europe. Headquart

Oben Electric plans to raise around ₹300 crore by FY27 to accelerate its electric motorcycle expansion in India. The funds will support new product development, scal

SoftTech Engineers Limited, in collaboration with National Highway Electric Vehicle Infrastructure, has launched India’s first GIS-enabled single-window approval sys

Telangana Renewable Energy Development Corporation Limited invites landowners under PM E-Drive to develop EV charging stations across Hyderabad, Warangal, Karimnagar,

GPS Renewables has begun construction of India’s first ethanol-to-jet sustainable aviation fuel (SAF) plant at NTPC Green Energy Limited Green Hydrogen Hub in Andhra

Spiral Hydrogen has raised €2.7 million in pre-seed funding from investors including byFounders, Norrsken Evolve, and Superangel to develop its rotating, bubble-free

Advait Energy Transitions has incorporated three wholly owned subsidiaries to expand across the clean energy value chain. These include Advait Battery Ecosystems for b

South Korea plans to expand floating solar capacity on agricultural reservoirs to 3 GW by 2030, up from 105 MW currently. The Korea Rural Community Corporation has ide

Solaria Energia raised €300 million equity, representing 10% stake, to expand renewable energy, storage, and data center infrastructure across Europe. Founded in 200

The Ministry of New and Renewable Energy updated ALMM list adds new solar module manufacturers, mainly from western India, boosting domestic capacity. Sangam Solar One

The Ministry of New and Renewable Energy updated ALMM for solar cells, adding RenewSys India Pvt. Ltd. with 452 MW high-efficiency TOPCon capacity. Waaree Energies rev

Uttar Pradesh Power Corporation Limited awarded a 375 MW/1500 MWh BESS tender to KCC Buildcon Private Limited, Agastya Energy Industries Pvt Ltd, and MKC Infrastructur

NTPC Limited has declared commercial operation of 100 MW from its 176 MW solar PV project at Ramagundam, Telangana, effective May 2, 2026. This addition increases NTPC

AMPIN Energy Transition has commissioned a 500 MWp wind–solar hybrid project in Barmer, Rajasthan, combining 400 MWp solar and 100 MW wind capacity. As one of the la

Donald Trump administration has stalled approvals for about 165 onshore wind projects across the United States, citing national security concerns linked to military ra

NTPC Green Energy Limited has invited bids to develop a hydrogen refueling station at Kandla, Gujarat, under its Green Hydrogen Mobility Project. The turnkey project i

The African Development Bank has launched a green hydrogen funding call offering up to $20 million for African projects, backed by Germany. Meanwhile, the European Com

Ravindra Energy’s Energy In Motion has commissioned India’s largest battery swapping station for heavy EVs at Jawaharlal Nehru Port. The 3 MW automated facility at

India’s EV market reached 2.5–2.7 million unit sales in FY2026, driven largely by state-level incentives and cost advantages. States like Uttar Pradesh, Maharashtr

The Odisha government has proposed setting up 190 EV charging stations across six cities under the PM E-Drive scheme to boost electric mobility. The plan, submitted to

GE Vernova has secured a 1.35 GW pumped-storage project order from Megha Engineering & Infrastructures Ltd for the Upper Sileru project in Andhra Pradesh. The project

The NTPC Renewable Energy Limited has issued an IFB for a 900 MW solar PV BOS package at Kurnool, Andhra Pradesh divided into 400 MW and 500 MW blocks. Scope excludes

The NTPC Renewable Energy Limited has issued an IFB for a 1200 MW Grid Connected Solar BOS package at Anantapur, Andhra Pradesh divided into three blocks. Scope exclud

KP Group became the first Indian firm to install a 4.2 MW wind turbine (4.2M160) by Senvion India in South Gujarat. Part of the 4XM platform, the turbine features high

Solex Energy Ltd has signed an MoU with the Government of Gujarat to invest ₹4,000 crore in an integrated clean-tech manufacturing ecosystem. The project includes a

Thermax Limited has partnered with Ankur Scientific to set up India’s first green methanol plant at Deendayal Port Authority. The facility will produce 18,000 tonnes

Pratap Technocrats has entered the green energy sector by securing a ₹776.13 crore contract with NTPC Limited to deploy 570 MWh BESS. The project includes 320 MWh at

BorgWarner Inc. has secured three electric motor contracts across China and South Korea, covering stator assemblies, P2 hybrid motors, and generator systems. Productio

Coal India Limited has commissioned a 100 MW solar power project in Gujarat, marking progress in its renewable energy expansion. The project received approval from Guj

Camber Charging has secured a US$58 million contract with Los Angeles County Metropolitan Transportation Authority to deploy 73 on-route EV charging stations across 20

India’s wind energy industry has urged the government and Solar Energy Corporation of India to address key challenges hindering growth, including grid constraints, d

The Karnataka Electricity Regulatory Commission has set a ceiling tariff of ₹3.24 per unit for wind power projects for FY2027–FY2029. This reduced tariff reflects

ACME Solar Holdings Limited, through its subsidiary ACME Sun Power Private Limited, has commissioned an additional 33.333 MW/160.480 MWh BESS at Badi Sid in Rajasthan.

Hypercharge Networks Corp. has acquired “Eddie” from AXSO, adding over 2,700 EV charging ports and expanding its network to 5,700 ports. The deal strengthens its p

Indofast Energy has scaled its EV battery-swapping network in FY26, reaching over 90,000 vehicles and 1,600 stations across 23 cities. The company has partnered with 3

NTPC Renewable Energy Limited has invited bids for forecasting and scheduling services for its 500 MW solar project at Bikaner. The work covers two 250 MW blocks and f

Delhi Electricity Regulatory Commission has notified the Tariff (Second Amendment) Regulations, 2026 introducing an Automatic Fuel and Power Purchase Adjustment Surcha

Jordan has approved an investment agreement for a green ammonia and hydrogen project by Jordan Green Ammonia under the Ministry of Energy and Mineral Resources. The pr

SPML Infra secured a ₹1,128 crore (USD 120 million) contract from NTPC to develop a 250 MW/1,000 MWh (1 GWh) BESS at Barauni, Bihar. The project includes design, eng

The Request for Selection (RfS) invites competitive bids for 250 MW grid-connected solar PV projects in Punjab, targeting developers with ready land to ensure faster e

Iron Mountain has partnered with CleanMax Enviro Energy Solutions Limited to supply renewable power to its data centres in India. A hybrid solar-wind project will deli

Oswal Pumps Ltd has received empanelment from Maharashtra State Electricity Distribution Company Limited to deploy 6,896 off-grid solar water pumps under the PM-KUSUM

NHPC has commenced commercial operations of the fourth unit of its 2,000 MW Subansiri Lower Hydroelectric Project, marking a key milestone. Located near North Lakhimpu

Gujarat Urja Vikas Nigam Limited has issued a tender for 250 MW wind projects (Phase XI) with a 250 MW greenshoe option. Minimum bid sizes are 10 MW (intra-state) and

Deendayal Port Authority (DPA), Kandla has signed an MoU with GH2 Solar Limited to explore liquid green hydrogen exports through a joint feasibility study and strategi

Cabinet Committee on Economic Affairs (CCEA) has approved ₹23,437 crore railway multi-tracking projects by Indian Railways, covering 901 km across 19 districts in si

Larsen & Toubro Ltd has secured a ₹10,000–15,000 crore “mega” order from JSW Steel Limited for metals sector projects. The contract supports JSW’s plan to ex

Netradyne has acquired Moove Connected Mobility to expand its operations across Europe. The acquisition will integrate Moove as a regional hub for sales, partnerships,

MaxVolt Energy Industries has integrated an IoT-enabled Smart Battery Management System (BMS) into its lithium battery packs to enhance safety, monitoring, and perform

KEC International Ltd has secured new orders worth ₹1,002 crore across T&D, renewables, transportation, and cables businesses. Orders include ±500 kV HVDC lines, 13

Bondada Engineering Ltd plans a ₹10,000 crore investment over four years to achieve 25 GW renewable capacity by 2030, including 16 GW solar and 9 GW BESS. It targets

Vena Energy has signed a Power Purchase Agreement with Solar Energy Corporation of India for 124 MW wind capacity under SECI Wind Tranche XIX. Using ISTS connectivity,

NueGo, part of GreenCell Mobility, has partnered with L&T Metro Rail Hyderabad Limited to integrate metro connectivity into intercity bus bookings in Hyderabad. Th

ABB E-mobility has launched the OM X-Series Megawatt Charging Platform for heavy-duty EV applications such as transit depots, logistics hubs, and highway corridors. Th

Jharkhand Bijli Vitran Nigam Ltd (JBVNL) plans to procure an additional 100 MW of wind power to meet its Renewable Purchase Obligation (RPO) targets. The power will be

Andhra Pradesh’s State Investment Promotion Board approved investment proposals worth ₹2.01 lakh crore, expected to generate 39,067 jobs statewide. Major approvals

Waaree Energies’ wholly-owned step-down subsidiary, Waaree Forever Energies Four, signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India (SEC

India is investing ₹11.2 lakh crore in power distribution capex through 2035 to drive digital transformation and, according to the Central Electricity Authority, the

Waaree Renewable Technologies (WRTL) is acquiring a 55% stake in Associated Power Structures (APSPL) for ₹1,225 crore to expand into transmission and power infrastru

India and the European Union have launched a joint €15.2 million (approximately ₹169 crore) initiative to advance electric vehicle battery recycling, targeting the

Apple is investing ₹100 crore in India to develop over 150 MW of renewable energy capacity, partnering with CleanMax. This infrastructure aims to power 150,000 house

Rajasthan Rajya Vidyut Prasaran Nigam Ltd. (RVPN) has issued a Standard Operating Procedure (SOP) for the first-time charging of Battery Energy Storage Systems (BESS)

LICO Materials has been selected under the Ministry of Mines’ ₹1,500 crore incentive scheme to recover critical minerals from lithium-ion batteries. The company wi

SECI has issued a draft RfS under the SIGHT Scheme to develop 5,00,000 MT/year Green Methanol capacity in India. Bidders must quote 50,000–2,50,000 MT annually and s

UAE-based Innovation Platform Capital and Intelligent Investment Holdings will launch a $1 billion green hydrogen platform to build a full clean fuel value chain. The

OMV is investing €65 million ($70.5 million) in its Schwechat Innovation Hub in Austria to accelerate green hydrogen and CO₂ technologies. Construction is about 55

The Commission has framed the draft OERC (Procurement of Energy from Renewable Sources and its Compliance) Regulations.