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India’s grid bottleneck forces ReNew Energy to waste solar power, threatening profits
India's power grid struggles to handle excess solar energy. ReNew Energy Global Plc faces power curtailment, affecting earnings. The company is investing in battery storage to balance supply and demand. Rising costs from global events add to challenges. Future projects will focus more on solar power.
GK Energy shares rise 6% on ₹354 crore Maharashtra solar water pump order
GK Energy shares jump after LoE from Maharashtra State Electricity Distribution Company for 15,000 off grid solar water pumps under Magel Tyala Saur Krushi Pump Yojana worth ₹353.89 crore.
India’s ‘next’ energy bet isn’t Solar—3 stocks riding the Rs 70,000 cr hydrogen wave - financialexpress.com
India’s ‘next’ energy bet isn’t Solar—3 stocks riding the Rs 70,000 cr hydrogen wavefinancialexpress.com
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.
Wheels India Limited Acquires 32.65% Stake in Solar Energy Company for ₹3.43 Crores - scanx.trade
Wheels India Limited Acquires 32.65% Stake in Solar Energy Company for ₹3.43 Croresscanx.trade
NTPC commissions 100 MW at Ramagundam solar project; total installed capacity nears 90 GW
NTPC Limited starts commercial operation of 100 MW solar PV at Ramagundam in Telangana, boosting NTPC Groups installed capacity and renewable energy portfolio.
Power prices hit regulatory ceiling as heatwave drives demand
India's power market saw prices surge in late April. High demand, driven by heatwaves, pushed tariffs to the ₹20 per unit ceiling in non-solar hours. The Indian Energy Exchange data shows this trend. This high-price segment allows costlier power sources to meet demand. Peak demand reached a record 256 GW.
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