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Discoms told to commission rooftop solar units by May 31
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ET Markets - Industry 19d ago

Discoms told to commission rooftop solar units by May 31

Electricity distribution companies must finish rooftop solar project inspections by May 31. This ensures projects already installed remain exempt from a new domestic solar cell rule starting June 1. Delays in certification could make projects non-compliant. The Ministry of New and Renewable Energy issued this advisory to avoid issues for project owners. This move supports domestic solar module manufacturing.

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Government rules out blanket ALMM List-II extension beyond June 1; case-by-case relief for solar projects
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ET Markets - Industry 19d ago

Government rules out blanket ALMM List-II extension beyond June 1; case-by-case relief for solar projects

The Ministry of New and Renewable Energy will not extend the ALMM List-II deadline past June 1, 2026. Projects commissioned after this date must comply. Relief is available for projects with existing investments and completed installations. Developers can submit claims for extensions by June 30, 2026.

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NTPC starts site selection studies in Gujrat, Andhra Pradesh, Odisha, Madhya Pradesh for nuclear projects
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ET Markets - Industry 19d ago

NTPC starts site selection studies in Gujrat, Andhra Pradesh, Odisha, Madhya Pradesh for nuclear projects

State-owned NTPC is exploring new nuclear power projects. Site selection studies have begun in Andhra Pradesh, Madhya Pradesh, Gujarat, and Odisha. This initiative is part of NTPC's extensive 30 GW nuclear energy plan. The company aims to contribute significantly to India's ambitious nuclear capacity target. Investments will be substantial, spanning multiple states. NTPC is diversifying its energy portfolio.

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India's power transmission infra set for Rs 9 trillion upgrade as renewable push accelerates: Report
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ET Markets - Industry 19d ago

India's power transmission infra set for Rs 9 trillion upgrade as renewable push accelerates: Report

India is set for a massive power transmission investment of nearly Rs 9 trillion by 2032, according to a Kotak Neo report. This will support the country's clean energy goals by building essential grid infrastructure. Renewable energy capacity is growing rapidly, requiring extensive transmission lines and substations. High-Voltage Direct Current systems will be crucial.

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MTAR Technologies shares extend rally after ₹467 crore order; shares up 398% in a year
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CNBC TV18 - Markets 22d ago

MTAR Technologies shares extend rally after ₹467 crore order; shares up 398% in a year

Last week, MTAR Tech raised its FY27 revenue growth guidance to 80% from 50% earlier, led by strong order inflows from the clean energy segment and improving operating leverage.

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More RWAs may find their place in the Sun as govt looks to scale rooftop solar installations
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ET Markets - Industry 22d ago

More RWAs may find their place in the Sun as govt looks to scale rooftop solar installations

As part of a nationwide strategy to enhance rooftop solar energy deployment, resident welfare associations are emerging as crucial allies for the government. The PM Surya Ghar Muft Bijli Yojana is specifically designed to cater to apartment complexes and cooperative housing societies, unlocking renewable energy avenues in urban locales where individual roof spaces are limited.

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Adani Total Gas appoints Sanjay Pandita as CEO, effective May 22
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ET Markets - Industry 23d ago

Adani Total Gas appoints Sanjay Pandita as CEO, effective May 22

Adani Total Gas has appointed Sanjay Pandita as its new CEO, effective May 22, 2026. With 25 years of experience in the energy sector, Pandita is recognized for his expertise in natural gas, LNG, and low-carbon solutions. His career includes significant contributions to India's clean energy transition and business growth in city gas distribution and mobility.

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Headline: HVR Solar to commission 1.2 GW module manufacturing plant in Sonipat this June 2026
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ET Markets - Industry 23d ago

Headline: HVR Solar to commission 1.2 GW module manufacturing plant in Sonipat this June 2026

HVR Solar is set to launch a 1.2 GW solar module manufacturing facility near Murthal, Sonipat, in June 2026, bolstering India's renewable energy sector. The advanced plant will produce high-efficiency modules, including HJT and TOPCon, creating over 500 jobs and reinforcing the 'Make in India' initiative.

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NEWS
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Business Standard - Markets 23d ago

Vikran Engineering acquires 51% stake in NOPL Solar Projects

The acquisition is in line with the Company's strategy to expand its presence in the renewable energy sector. It will enable business diversification and support long-term growth through participation in solar energy projects.

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India’s next big energy bet may come straight from China’s coal handbook
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ET Markets - Industry 23d ago

India’s next big energy bet may come straight from China’s coal handbook

The Strait of Hormuz closure is impacting Asia's chemical industry, pushing India to emulate China's coal-to-chemicals model for energy and food security. Despite domestic coal challenges and technological gaps, India is investing heavily to boost its coal-based chemical production, potentially extending the fossil fuel's demand.

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West Asia conflict fails to slow oil PSUs' capex push
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ET Markets - Industry 24d ago

West Asia conflict fails to slow oil PSUs' capex push

Indian oil companies are pushing ahead with major expansion and clean energy projects. Indian Oil Corporation plans significant investments in refining and renewable energy. Bharat Petroleum Corporation Limited is also allocating substantial funds for refining and marketing. Hindustan Petroleum Corporation Limited's capital expenditure is expected to be slightly lower. These companies are focused on growth and energy transition.

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Vodafone Idea to buy 26% in renewable energy unit for captive power utilisation
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CNBC TV18 - Markets 24d ago

Vodafone Idea to buy 26% in renewable energy unit for captive power utilisation

Vodafone Idea will invest ₹4.33 crore to acquire a 26% stake in MTK Quantum Green Energy as part of its strategy to source renewable energy for captive consumption. The green energy SPV is setting up a solar power plant in Tamil Nadu.

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