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Waaree Renewable to acquire 55% stake in Associated Power Structures for Rs 1,225 crore
Waaree Renewable Technologies is gearing up to strengthen its market position with a Rs 1,225 crore acquisition of a 55 percent stake in Associated Power Structures. This deal will officially transform Associated Power Structures into a subsidiary of Waaree by June 15, 2026. Such a substantial investment signifies a transformative moment for the renewable energy landscape.
SPML Infra surges after bagging Rs 1128 crore BESS project from NTPC
SPML Infra jumped 4% to Rs 222.20 after the company announced that it has secured a landmark Rs 1,128 crore contract to develop a 1 GWh battery energy storage system (BESS) at NTPC Limited's Barauni Thermal Power Station in Bihar.
Vikran Engineering commissions second 5 MW Ambijalgaon solar plant
Vikran Engineering announced the commissioning of its second 5 MW solar power plant in Ambijalgaon, Ahilyanagar district, Maharashtra, under the PM KUSUM Scheme. The newly operational plant marks another milestone in the companys expanding renewable energy portfolio and reflects continued progress under the 600 MW solar contract secured in December 2025.
Coal India commissions 100 MW solar power project in Gujarat
State-owned Coal India Limited has commissioned a 100 MW solar power project in Gujarat. This marks a significant step in the company's renewable energy expansion. The project received its commissioning certificate from Gujarat Energy Development Agency. This development comes as Coal India aims to increase its solar capacity. The company is working towards becoming a Net Zero energy entity.
Coal India commissions 100 MW solar plant in Gujarat; ramps up diversification push
Coal India has commissioned a 100 MW solar power plant in Gujarat, marking a key step in its renewable energy push and diversification beyond its core coal business.
Solex Energy to invest Rs 4,000 cr to set up solar cell manufacturing plant, BESS project in Gujarat
Solex Energy will invest Rs 4,000 crore in Gujarat. The company will establish a solar cell manufacturing facility and a battery energy storage system project. This initiative aims to boost Gujarat's clean-tech manufacturing. It will also create jobs and support India's renewable energy goals. The project includes a 5-GW solar cell plant and a 10-GW BESS project.
Adani Green Energy to add up to 15,000 GWh of battery energy storage capacity annually
Adani Green Energy plans massive battery storage expansion. The company will add thousands of gigawatt hours of capacity each year. This move supports India's energy transition. It aims to provide reliable clean power. The expansion will involve significant investment. This will help meet peak demand. It ensures round-the-clock renewable energy supply.
Nearly one-third of record peak demand of 256 GW met through renewable energy: Pralhad Joshi
India successfully met its record peak power demand of over 256 GW on April 25, 2026. Renewable energy sources like solar, wind, and hydro contributed significantly. This achievement demonstrates India's capability in handling peak power demand with clean energy. The government is investing in grid modernization and increasing generation capacity to boost renewable energy's share in the power mix.
Karnataka court pauses stringent power grid penalties for renewable firms
Karnataka court halts new CERC penalty rules for solar and wind deviations after industry challenge, old mechanism stays until next hearing, government to respond by June 10
IEX Q4 results: Cons PAT rises 11% to Rs 130 crore, revenue up 13% on record electricity volumes
Indian Energy Exchange delivered steady quarterly growth driven by record electricity trading volumes, improving revenue and profit, alongside strong yearly performance supported by higher supply liquidity and expansion across power, gas and renewable certificate markets
CESC to procure 600 MW wind-solar hybrid power under 25-year agreements
CESC Ltd has signed 25-year PPAs with 4 entities for 600 MW wind solar hybrid power at tariffs near ₹3.75 per kWh, boosting renewable capacity through competitive bids. Shares of CESC Ltd ended higher on Thursday, April 16, by 4.36% at ₹170.48 on the NSE.
CleanMax, Sangam India partner for hybrid renewable energy supply in Rajasthan
CleanMax Enviro Energy Solutions and Sangam India have joined forces. This partnership aims to reduce carbon emissions for Sangam India's operations in Rajasthan. A hybrid renewable energy supply agreement has been signed. It will provide solar and wind power, supported by battery storage. This will power five Sangam facilities across Rajasthan.