In Short : The Indian government is planning a new scheme to restructure financially weak power distribution utilities by inviting private sector participation. The initiative aims to improve efficiency, reduce losses, and modernize operations. States will be encouraged to either privatize part of their discoms or form joint ventures, ensuring better service delivery and long-term […]
In Short : India has crossed a historic milestone in the power sector, with its total installed capacity surpassing 500 GW and renewable generation now exceeding 50% of national demand. As of September 2025, non-fossil sources—including solar, wind, hydro, and nuclear—account for 51% of total capacity, marking India’s accelerating transition toward clean, sustainable, and energy-secure […]
Summary: — ## **Business Summary – REIL Tender** ### **1. Project Overview** * **Tender No.:** REIL/NIT/PMC/2025-26/001 * **Date:** 17.10.2025 * **Project Title:** *Implementation of 22 MWp Grid Connected Solar Power Plants for Government Buildings in Different States/UTs of India under RESCO Model* * **Implementing Agency:** REIL, Jaipur (on behalf of MNRE/ESIC/other government bodies) * **Project […]
In Short : Asian Development Bank (ADB) has approved a US $460 million results-based loan to support agricultural solarization in India’s Maharashtra. The programme will upgrade rural distribution networks, install battery storage and decentralised solar for farming irrigation, aim to provide daytime electricity to about 900,000 agricultural consumers by 2028 and reduce over 3 million […]
In Short : Honda Motor Co. has acquired a minority stake in India’s OMC Power to jointly develop clean energy battery systems using repurposed EV batteries. Starting 2026, OMC will reuse Honda’s detachable batteries for stationary energy storage. The partnership promotes circular economy practices, strengthens rural electrification, and supports Honda’s global carbon-neutral and sustainability goals […]
GURUGRAM, India – Sungrow, the global leading PV inverter and energy storage system (ESS) provider, has recently achieved a significant milestone — 50 GW of PV inverter shipments in India. This accomplishment solidifies Sungrow’s leadership in the Indian solar industry and underscores its commitment to contributing to a greener future. Since entering the Indian market […]
Summary: — ## ⚙️ **Key Objectives** * Facilitate the **procurement of renewable energy** to meet national RE targets. * Encourage **private sector participation** through a transparent e-bidding and e-reverse auction process. * Enable **connectivity and power evacuation** via the ISTS network. * Ensure **bankable long-term power purchase agreements (PPAs)** between SECI and successful bidders. — […]
In Short : The India Energy Transition Fund has achieved its first close at $163 million, with EIB Global committing $60 million. Managed by EAAA Alternatives, the fund aims to raise $300–500 million to invest in greenfield infrastructure and growth-stage companies across renewable energy, energy efficiency, transmission, electric vehicles, and the circular economy. The initiative […]
In Short : India added a record 34.4 GW of solar and wind capacity in the first nine months of 2025, surpassing 2024’s total additions by 71%. Utility-scale solar contributed 22.5 GW, rooftop solar 5.8 GW, and wind 4.96 GW. Total renewable capacity reached 247.3 GW. Strong government support, declining module prices, and corporate demand are driving India’s accelerated clean […]