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Non-fossil power capacity set to cross 300 GW by Sept, says energy minister Pralhad Joshi
India's non-fossil fuel power capacity will surpass 300 GW by September. This expansion is crucial for green hydrogen production under the National Green Hydrogen Mission. The mission aims for significant green hydrogen output, requiring substantial renewable energy. Private sector participation is strong. States are encouraged to adopt green hydrogen policies to attract investment and boost the sector's growth.
Interarch Building Solutions bags Rs 87-crore order from renewable energy sector customer
Interarch Building Solutions announced that it has secured an order worth Rs 87 crore from a customer operating in the renewable energy and solar panel industry.
Avaada targets 17.7 GW renewable energy capacity within two years
Avaada Group is set to significantly expand its renewable energy capacity. The company plans to add 10.5 gigawatts over the next two years. This expansion will bring Avaada's total installed generation capability to 17.7 gigawatts. Power purchase agreements are already secured for these upcoming projects. This growth aligns with India's clean energy transition goals.
PSU banks see sharp jump in green deposits FY26; deploy funds for clean transport, renewable energy
Indian state-owned banks witnessed a significant rise in green deposits during FY26. This growth reflects growing depositor interest in sustainable finance. The Reserve Bank of India's Green Deposit Framework, introduced in 2023, has played a key role. Banks are channeling these funds into environmentally friendly projects like renewable energy and clean transportation.
Bondada Engineering gains after securing Rs 1,338 crore NTPC Renewable solar and BESS project
Bondada Engineering rose 3.82% to Rs 343.65 after the company announced that it had received a Notification of Award (NOA) from NTPC Renewable Energy for a project valued at Rs 1,338.03 crore.
India sets transmission project deadlines to speed up renewable energy expansion
India has introduced standardized timelines for power transmission projects to accelerate renewable energy integration. The Central Electricity Authority's new guidelines aim to synchronize grid expansion with generation and distribution, reducing delays that hinder new power capacity. These measures are crucial as transmission expansion struggles to match the rapid growth of clean energy.
Inox Wind inks MoU with Inox Clean to supply 1,500 MW wind turbines
Inox Wind Limited has entered into an initial agreement with Inox Clean Energy. This pact will see Inox Wind supply 1,500 megawatts of wind turbines. These turbines will power renewable energy projects across India. This collaboration significantly boosts Inox Wind's order book. Inox Clean Energy aims to expand its renewable portfolio substantially by FY29.
Bondada Engineering wins ₹1,338 crore NTPC Renewable Energy EPC order
Bondada Engineering has secured a ₹1,338 crore EPC contract from NTPC Renewable Energy for a solar and battery storage project in Uttar Pradesh, further strengthening its renewable energy order book.
Bondada bags solar / BESS project of Rs 1338.03 crore
From NTPC Renewable Energy
Suzlon Energy sizzles as government targets 100 GW wind capacity by 2030
Suzlon Energy climbed 4.73% to Rs 58.17 after Union Minister for New and Renewable Energy Pralhad Joshi outlined ambitious growth targets for India's wind energy sector and highlighted record capacity additions during FY26.
Suzlon Energy shares jump over 6%. Why brokerages call it India’s most investible wind energy stock?
Suzlon Energy shares rose sharply on Tuesday after the company outlined an ambitious FY31 roadmap focused on expanding beyond wind energy into a broader renewable energy platform. Brokerages including Motilal Oswal, JM Financial, Systematix and Centrum remain bullish, citing Suzlon’s market leadership, execution strength and long-term growth potential.
Suzlon Energy Shares in Focus: ICICI Securities Remains Bullish — Here Are the Key Triggers
India is ramping up its renewable capacity and the brokerage believes that Suzlon Energy is a key player in the wind turbines and operations and maintenance services business.