Dear Patrons & Readers,
NLC India Limited has announced that its wholly-owned subsidiary, NLC India Renewables Limited (NIRL), has secured a Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Limited (GUVNL) to develop a 900 MW solar power project. The project was awarded through a tariff-based competitive bidding process, highlighting NIRL’s competitiveness in India’s renewable energy sector. Under the agreement, GUVNL will procure the entire electricity generated from the project. The award strengthens NLC India’s renewable energy portfolio and supports its strategy to expand clean energy capacity while contributing to India’s energy transition.
Highlights from the week of
24 July 2026 to 31 July 2026
The rooftop solar tender results under multiple RESCO-mode tranches awarded a total of 60.65 MW of grid-connected rooftop solar capacity across central government inst
ACME Solar Holdings has operationalised 2.29 GWh of Battery Energy Storage System (BESS) capacity in Rajasthan during the current financial year through its subsidiari
NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Green Energy Limited (NGEL), has commissioned the first 64.76 MW phase of its 225 MW Khavda Solar Projec
Adani Energy Solutions (AESL) has secured an ₹8,500 crore inter-state transmission project in Andhra Pradesh to support around 4,500 MW of power demand from upcoming
The SHANTI Act, 2025 provides a framework for private sector participation in India’s nuclear energy sector, with rules currently under drafting. The Act sets operat
Patel Infra has invited bids for the supply of a 220/33-33 kV, 168/210 MVA power transformer for its upcoming 187.5 MW/750 MWh BESS project in Ahmedabad, Gujarat. The
ENGIE India’s subsidiary Khaba Renewable Energy has secured a term loan facility of around ₹982 crore to partly finance its upcoming 250 MW solar power project in
Thailand is reviewing a 24 billion baht ($714 million) EV transition plan to replace up to 80,000 ageing vehicles with electric alternatives. The initiative initially
NAN GreenMet will establish India’s first integrated NdFeB rare-earth magnet manufacturing facility at Naidupeta Industrial Park, Andhra Pradesh, with an initial inv
The Central Government has approved a ₹40.50 crore grant to the State Transport Authority, Odisha under the PM E-DRIVE Scheme for developing EV public charging infra
The Ministry of New and Renewable Energy (MNRE) has introduced a Model Service Agreement for Electrolyser as a Service (EAAS) under the National Green Hydrogen Mission
SJVN Limited has invited bids to develop a 265 MW/530 MWh Standalone Battery Energy Storage System (BESS) in Haryana under Viability Gap Funding (VGF) through tariff-b
Waaree Renewable Technologies Ltd., a subsidiary of Waaree Energies, has secured two EPC contracts to develop ground-mounted solar PV projects with a combined capacity
Andhra Pradesh Central Power Distribution Corporation Limited (APCPDCL) has achieved a milestone by synchronising 50,114 rooftop solar connections with a cumulative ca
Energy In Motion (EIM) has partnered with Hindustan Petroleum Corporation Limited (HPCL) to deploy fast-charging and battery-swapping hubs for electric heavy commercia
Inox Green Energy Services Ltd. has signed operations and maintenance (O&M) agreements for 639 MWp of solar power projects owned by a major renewable energy company ba
IREL (India) Ltd. is planning an integrated rare earth mining and processing facility at Tuticorin, Tamil Nadu, with an investment of around ₹4,000 crore. The projec
Juniper Green Energy Ltd. has announced a price band of ₹214-225 per share for its ₹1,800 crore IPO, which will open for subscription on July 30 and list on BSE an
AM Green has signed an MoU with V.O. Chidambaranar (VOC) Port, Thoothukudi, Tamil Nadu, to develop a 1 million tonne per year renewable ammonia facility. The project w
ACME’s Oman-India green fuels initiative aims to establish a strategic corridor for green hydrogen and green ammonia trade, leveraging Oman’s renewable energy reso
Advait Greenergy (India) and China’s Guofu Hydrogen Energy Equipment conducted a live demonstration and factory acceptance test of a 5 MW pressurized alkaline electr
Morocco has secured $114 million funding from the African Development Bank for a new electric vehicle battery factory in the Rabat-Salé-Kénitra free trade zone. Led
Linde has signed six new renewable power purchase agreements (PPAs) across Europe, Africa, and India to source electricity from newly developed wind and solar projects
NLC India Limited (NLCIL), on behalf of NLC India Renewables Limited (NIRL), has invited domestic competitive bids to arrange 1,500 acres of private land through outri
India will require 8.68 GW/34 GWh of Battery Energy Storage Systems (BESS) and 7.45 GW/47 GWh of Pumped Storage Plants (PSP) by 2026-27, rising to 47.24 GW/236 GWh BES
The Ministry of New and Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) framework to include solar ingots and wafers, introdu
Tata Power will establish a solar wafer and ingot manufacturing plant on Tata Steel SEZ land in Odisha, with construction scheduled to begin in October 2026 and commer
Suzlon Energy reported a 6% decline in Q1 FY27 net profit to ₹305.22 crore, while revenue increased 22.5% to ₹3,819.36 crore. The company achieved record Q1 delive
Larsen & Toubro (L&T) has secured an Ultra-Mega framework cooperation agreement worth over ₹15,000 crore with TenneT for a 2 GW offshore wind program. In consortium
Waaree Renewable Technologies Ltd (WRTL) has signed an Early Contractor Involvement (ECI) agreement for a utility-scale solar PV project integrated with Battery Energy
NPCIL has received a sole proposal from Hindalco Industries for setting up 220 MW Bharat Small Reactors (BSRs) for captive industrial power use. The project aims to pr
Pace Digitek’s subsidiary Lineage Power Private Limited has manufactured over 300 utility-scale BESS containers, representing approximately 1.5 GWh storage capacity.
POWERGRID has invited bids for a Long Term Agreement (LTA) for the Design, Supply, Erection, Testing and Commissioning of 500 MW/1000 MWh BESS across India under a Cat
Meghalaya Cabinet has approved the Electric Vehicle (EV) Policy 2026 to promote clean mobility by offering a ₹25,000 incentive to EV buyers and waiving registration
Canadian Solar’s subsidiary CS PowerTech Inc. has inaugurated the first phase of its 6 GW solar cell manufacturing facility in Jeffersonville, Indiana. The plant wil
GreenPoint Energy and CleanCo have signed a 20-year Power Purchase Agreement (PPA) for the 600 MW Jackson North Wind Project in Queensland, Australia. The Western Down
ACME Solar Holdings has secured ₹3,404.57 crore in long-term funding from Power Finance Corporation (PFC) for its 250 MW Acme Urja One Phase-III FDRE project, taking
Inox Wind Ltd has secured a ₹1,600 crore repeat order from NLC India for a 200 MW turnkey wind project, reinforcing its position in India’s renewable energy sector
Jupiter International has begun construction of a ₹3,000 crore, 3 GW ingot-wafer manufacturing plant in Nagpur, with phased commissioning planned over the next 20 mo
UTL Solar will begin construction of a 1.2 GW TOPCon solar cell manufacturing facility in Ratlam, Madhya Pradesh, strengthening its integrated solar manufacturing ecos
Adani Group is planning to raise an additional $3–4 billion over the next six months after mobilising ₹43,500 crore through equity fundraising in the past nine mon
NPCIL has invited bids for engineering consultancy and 3D modelling of 220 MW Bharat Small Reactors (BSRs), focusing on civil, mechanical, electrical, instrumentation,
NTPC plans its largest-ever investment of ₹16.68 lakh crore over the next 11 years to transform into a diversified clean energy company. The utility aims to expand g
JSW Energy is executing a ₹20,000 crore capex plan for FY27 across thermal power, renewable energy, pumped hydro storage, and nuclear opportunities. The company aims
The Haryana Cabinet has approved a 100% motor vehicle tax exemption for new pure electric and battery-operated vehicles priced up to ₹30 lakh to accelerate EV adopti
MahaGenco Renewable Energy Limited (MREL) has invited Expressions of Interest (EOI) from domestic buyers for the long-term offtake of Green Hydrogen (GH2) and Green Am
SolarAfrica has partnered with MPower and Fledge Capital to develop the 184 MW Highveld Hybrid Energy project in Mpumalanga, South Africa, integrating a 300 MWh batter
The Ministry of Heavy Industries (MHI) has clarified that no assessment on EV charging stations has been conducted as of 23 July 2026. EV charging station setup remain
NLC India Limited has announced that its wholly-owned subsidiary, NLC India Renewables Limited (NIRL), has secured a Letter of Intent (LoI) from Gujarat Urja Vikas Nig
Waaree Energies reported a 15% year-on-year increase in net profit to ₹891.87 crore in Q1 FY27, driven by a 79% rise in revenue from operations to ₹7,931.79 crore,
Waaree Energies Limited has commissioned 118.8 MW of its 170 MW Unit 3 Solar Power Facility at Neemuch Solar Park, Madhya Pradesh, on July 28, 2026. The milestone was
Mecpower Solutions Ltd has signed a Memorandum of Understanding (MoU) with the Government of Gujarat to establish a 5 GWh battery energy storage system (BESS) assembly
NTPC Green has commissioned the third tranche of 50 MW under the 150 MW solar component of its 100 MW Renewable Energy Round-the-Clock (RE RTC) project in Rajasthan. T
Brookfield has launched Lumara, a new renewable energy platform that will invest $600 million in India to accelerate solar, wind, and battery energy storage projects.
ACCIONA Energía has completed the sale of a 361 MW portfolio of 15 operational wind farms in Spain to Galp New Energies for an equity value of €432 million, excludi
POM Power India has commissioned an integrated clean energy system for Bharat Electronics Limited’s (BEL) SUSTRAGRID project at its Bengaluru campus. The installatio
Axpo and independent power producer Zelestra have signed a 10-year toll agreement for a 207 MW/830 MWh BESS project in Friuli-Venezia Giulia, northern Italy. Under the
Germany sees India as a future green hydrogen supplier as bilateral clean energy cooperation expands, according to Ambassador Philipp Ackermann. India’s renewable en
Ghaziabad Municipal Corporation plans to install 100 EV charging stations across 20 locations to promote electric mobility and reduce pollution. The city, covering 210
Vedanta Aluminium Metal Limited has approved a ₹165 crore investment for a 26% stake in a 150 MW Battery Energy Storage System (BESS) project with Serentica Renewabl
The Ministry of Heavy Industries (MHI) has extended the bid submission deadline for the global tender under the Rare Earth Permanent Magnet (REPM) scheme from 29 July
The Commission has framed the draft OERC (Procurement of Energy from Renewable Sources and its Compliance) Regulations.
