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  • Himachal Pradesh Secures INR 3,336 Crore Investment Through 19 Hydropower Project Agreements

    The Himachal Pradesh Government has signed implementation agreements for 19 hydropower projects, attracting investments worth approximately ₹3,336 crore and adding 278 MW of renewable energy generation capacity to the state’s power sector.

    The agreements mark a significant step in the state’s strategy to harness its vast hydropower resources and strengthen its position as a key renewable energy hub in the country. The projects are expected to contribute to clean energy generation while creating employment opportunities and supporting local economic development.

    According to the state government, the newly signed projects will be developed across various locations in Himachal Pradesh and are aimed at accelerating the utilization of the state’s untapped hydropower potential. The initiative aligns with the government’s broader objective of enhancing revenue generation from water resources while promoting sustainable energy development.

    Chief Minister Sukhvinder Singh Sukhu has repeatedly emphasized the importance of maximizing the benefits of the state’s natural resources and ensuring that hydropower development contributes directly to the economic growth of Himachal Pradesh. The latest agreements are expected to further strengthen the state’s renewable energy portfolio and support India’s clean energy transition goals.

    With a total planned capacity of 278 MW, the projects are anticipated to play an important role in meeting future electricity demand while reinforcing Himachal Pradesh’s status as one of India’s leading hydropower-producing states.

  • PM Modi Launches and Lays Foundation Stone for Development Projects Worth ₹47,600 Crore in Odisha

    Prime Minister Narendra Modi inaugurated and laid the foundation stone for multiple development projects worth over ₹47,600 crore in Odisha’s Mayurbhanj district during a programme marking the completion of two years of the state government.

    Addressing the gathering in Rairangpur, the Prime Minister highlighted the Centre’s vision of driving India’s growth through the development of eastern states and reaffirmed the government’s commitment to accelerating infrastructure, industrial, and social development across Odisha.

    A major announcement during the event was the development of Pahadpur village as a Solar Village, with plans to ensure solar power generation in every household. The Prime Minister said the initiative would transform the village into a model of sustainable and clean energy development.

    The projects launched and announced span key sectors including power, transportation, urban development, industry, and public infrastructure. According to the Prime Minister, these investments are expected to improve connectivity, create employment opportunities, enhance public services, and strengthen Odisha’s role in India’s growth story.

    Highlighting the state’s industrial potential, Modi noted that Odisha has attracted investment proposals worth nearly ₹20 lakh crore, while projects valued at more than ₹3.5 lakh crore are already under implementation. He also stated that over ₹6,000 crore is being invested in the state’s power sector.

    The Prime Minister emphasized that the Centre and the Odisha Government are working together to unlock opportunities through investments in railways, highways, ports, economic corridors, green energy, semiconductors, and modern industries.

    Speaking on tribal welfare, Modi highlighted various initiatives aimed at improving education, healthcare, and livelihood opportunities in tribal regions. He noted that nearly 500 Eklavya Model Residential Schools have been established across the country, with around 750 schools sanctioned, while scholarships have been provided to more than 1.5 crore tribal students.

    The Prime Minister also announced approval for a new Jawahar Navodaya Vidyalaya in Mayurbhanj district and reiterated the government’s commitment to improving living standards in tribal communities through dedicated development programmes.

    The event was attended by President Droupadi Murmu, who accompanied the Prime Minister during his visit to Pahadpur village and Mayurbhanj district. The programme was organised under the theme “Vikas ra Dhara, Odisha Sara”, celebrating two years of governance in the state.

    The latest investments and development initiatives are expected to further strengthen Odisha’s infrastructure, energy ecosystem, and economic growth trajectory while supporting India’s broader vision of inclusive and sustainable development.

  • NTPC REL Invites Bids for 813 MW ISTS-Connected Wind Power Project in Karnataka

    NTPC Renewable Energy Limited (NTPC REL) has invited bids for the supply and installation of Wind Turbine Generators (WTGs) for an 813 MW ISTS-connected wind power project at Davangere in Karnataka.

    According to the tender document, the project will comprise 271 Wind Turbine Generators (WTGs) and includes the design, engineering, manufacturing, supply, erection, testing, commissioning, and operation and maintenance of the wind power project.

    The scope of work covers the supply and installation of ALMM-listed Wind Turbine Generators with a minimum rated capacity of 3 MW, along with associated unit substations, SCADA systems, civil works, electrical works, grid connectivity infrastructure, mandatory spares, and other related facilities required for project execution.

    The selected bidder will also be responsible for providing comprehensive operation and maintenance (O&M) services for a period of 10 years from the date of successful commissioning of the project.

    The tender will be conducted through a single-stage, two-envelope bidding process, comprising techno-commercial and price bids.

    As per the bidding schedule, the tender documents will be available for download from June 22, 2026, to July 2, 2026, while the pre-bid conference is scheduled for July 3, 2026. The last date for bid submission is July 16, 2026, and the techno-commercial bids will be opened on the same day.

    NTPC REL has specified a bid security amount of INR 100 crore. Participation is open to eligible bidders meeting the qualification requirements outlined in the tender document, including manufacturers of wind turbine models listed under the Ministry of New and Renewable Energy’s (MNRE) Approved List of Models and Manufacturers (ALMM-Wind).

  • Tsuyo Manufacturing Appoints Prashant Ranjan as Director In-Charge – Sales & Service

    Tsuyo Manufacturing Private Limited, India’s leading e-mobility component manufacturing company, today announced the appointment of Mr. Prashant Ranjan as Director In-Charge – Sales & Service at Tsuyo Manufacturing Private Limited. The strategic leadership appointment comes as Tsuyo continues to strengthen its domestic presence and scale operations to meet the rapidly growing demand for advanced electric mobility solutions across India.

    In his new role, Mr. Ranjan will lead Tsuyo’s domestic business operations, driving market expansion, business development, customer engagement, operational excellence, strategic growth initiatives, after-sales service & creating a service excellence network. He will play a critical role in strengthening the company’s market presence.

    Mr. Ranjan brings with him a vast experience spanning business development, operations management, strategic planning, market expansion, and customer relationship management. Over the course of his career, he has held leadership positions at esteemed organizations including Saint-Gobain, Wipro, and Godrej, where he successfully led business transformation initiatives, drove revenue growth, and built high-performing teams across diverse sectors.

    His appointment reinforces Tsuyo’s commitment to building a strong leadership team capable of driving innovation, operational excellence, and sustainable growth in the country’s fast-growing electric mobility landscape.

    Commenting on his appointment, Prashant Ranjan, Director In-Charge – Sales & Service at Tsuyo Manufacturing Private Limited, said, “India’s electric mobility sector is entering a transformative phase, driven by innovation, policy support, and increasing consumer adoption. Tsuyo has established itself as a key player in the e-mobility component ecosystem through its strong manufacturing capabilities and technology-led approach. I am excited to join the organization at this important stage of growth and look forward to working closely with the team to contribute to the company’s long-term vision of accelerating India’s transition towards sustainable mobility.”

    As the company expands its footprint across key markets, the appointment of experienced industry leaders such as Ranjan reflects Tsuyo’s focus on building a future-ready organization equipped to capitalize on emerging opportunities in the electric mobility sector.

  • IOCL Solarises its Varanasi and Guwahati Facilities with Freyr Energy’s Rooftop Solar Systems

    Energy security has become a growing concern in India due to global conflicts and geopolitical tensions. Recent disruptions in the energy chain have impacted nearly 40% of the country’s crude oil imports and 50% of LPG imports, resulting in increased fuel prices, higher electricity costs, and greater energy supply risks. While these factors continue to impact India’s energy infrastructure, entities such as Indian Oil Corporation Limited (IOCL), India’s largest public-sector oil and refining company, are identifying practical alternatives, such as solar, to improve energy resilience.

    Reducing dependence on conventional power sources in a long-term initiative, IOCL has adopted rooftop solar at its Guwahati and Varanasi facilities to ensure an uninterrupted energy supply while improving operational efficiency. Indian Oil Corporation Limited (IOCL) commissioned a 150-kW & 125kW rooftop solar system at its Guwahati and Varanasi facilities, enabling operational resilience.

    The 150kW system at its Guwahati facility supports a significant portion of the overall operational energy requirements and generates approximately 2,05,200 kWh annually. This has resulted in an estimated annual cost savings of ₹13,80,000, contributing to an estimated ROI within 4 to 5 years. While the 125-kW rooftop solar system at its Varanasi facility supports its overall operational requirements, while strengthening energy reliability and cost efficiency. The installed rooftop solar system generates approximately 1,71,000 kWh per year, resulting in an estimated annual cost savings of around ₹13,00,000, contributing to a payback period (ROI) of approximately 5.2 years.

    The rooftop solar system supports fuel dispensers, lighting, CCTV, POS systems, an air compressor, signage, and EV charging stations, helping reduce dependence on grid electricity and diesel generators. At a time when energy security concerns and supply chain disruptions are becoming increasingly prevalent, rooftop solar provides a reliable source of power for critical operations. The transition to rooftop solar has also contributed to lower operational costs, improved energy efficiency, and greater sustainability in day-to-day operations.

    Commenting on the growing adoption of rooftop solar by public sector companies, Radhika Choudhary, Co-Founder of Freyr Energy said, “Rooftop solar is increasingly emerging as a strategic investment for commercial and industrial infrastructure enabling public sector companies to lower electricity costs, improve operational efficiency, and strengthen energy reliability. Further, growing concerns around energy disruptions and supply chain uncertainties are accelerating the need for sustainable energy solutions as consumers seek greater energy resilience. Varanasi holds strategic importance in the fuel ecosystem as a major religious destination, attracting nearly 70 million pilgrims and tourists annually. Driving strong seasonal fuel demand from taxis, buses, tourist vehicles, freight movement, and significant intercity and interstate travel. Additionally, petrol stations in the northeast region face high operational stress and fluctuating demand, making reliable power essential for fuel dispensing, billing, lighting, and safety systems. For sectors such as fuel retail, solar plays a pivotal role in reducing dependence on conventional power sources.”

    Varanasi is a key road connectivity hub in northern India. Positioned along key national highways, it connects eastern Uttar Pradesh with Bihar, Jharkhand, and Madhya Pradesh, acting as a crucial transit point for both interstate and intrastate movement. Whereas, Guwahati serves as the main gateway to Northeast India and is a key logistics, transport, and commercial hub for the region. Fuel demand in this region is high due to the movement of passenger vehicles, long-distance freight trucks, interstate transport, military activity, and logistics movement into states such as Arunachal Pradesh, Meghalaya, Nagaland, Manipur, Mizoram, and Tripura. As fuel stations rely on uninterrupted electricity for most of their operation, rooftop solar has emerged as valuable energy alternative in both the regions. Freyr Energy has played a pivotal role in solarising IOCL’s facilities across the country. This multi-state, multi-year initiative by the country’s oil giant reflects its commitment towards its sustainability goals.

    As more petrol stations in Assam, Uttar Pradesh and other states adopt rooftop solar, the shift can play an important role in supporting India’s clean energy transition. With nearly 41,000 retails fuel outlets across the country a large-scale solar adoption across fuel station has the potential to significantly expand the renewable energy capacity, reduce the dependence on the grid and contribute to India’s target of achieving 500GW solar energy by 2030.

  • Waaree Renewable Technologies Acquires 55% Stake in APSPL for INR 1,225 Crore

    Waaree Renewable Technologies Limited (WRTL), one of India’s leading and fastest-growing solar EPC and renewable energy solutions providers and a subsidiary of Waaree Energies Limited, announced the successful completion of its acquisition of a 55% stake in Associated Power Structures Private Limited (APSPL) for ₹1,225 crore, pursuant to the completion of primary and secondary transactions. Consequent to the acquisition, APSPL has become a subsidiary of WRTL.

    As India’s energy transition accelerates in alignment with Viksit Bharat 2047, the need for integrated solutions spanning generation, evacuation, and supporting infrastructure continues to grow. Subsequently, the ₹1,225 crore acquisition underscores WRTL’s conviction in India’s rapidly evolving energy infrastructure landscape and represents one of the company’s most significant strategic investments towards building an integrated renewable energy and power infrastructure platform. The transaction expands WRTL’s participation across the energy value chain and strengthens its ability to support large-scale clean energy deployment across the country.

    APSPL brings nearly three decades of specialised expertise in conceptualisation, fabrication and EPC contracting of galvanized transmission and telecom towers, with a strong track record in transmission and windmill erection projects across India. Backed by a healthy order book and established relationships with leading power utilities and developers, APSPL adds scaled execution capabilities to WRTL’s platform. The integration is expected to enable faster turnaround on transmission and evacuation infrastructure, a critical enabler for large-scale renewable capacity addition.

    For customers, the acquisition translates into access to a broader suite of services, stronger project integration, improved execution efficiencies and a single trusted partner capable of delivering complex energy infrastructure solutions at scale. The enhanced capabilities are expected to support faster project implementation and improved coordination across critical project components.

    Commenting on the development, Mr. Viren Doshi, Director, Waaree Renewable Technologies Limited, said: “The completion of the APSPL acquisition marks a defining milestone in WRTL’s growth journey. This ₹1,225 crore investment reflects our confidence in the long-term opportunities emerging from India’s energy transition and our commitment to building an integrated renewable energy and infrastructure platform. As projects become larger, more interconnected and increasingly complex, customers are seeking partners capable of delivering comprehensive solutions with speed, reliability and execution excellence. APSPL’s capabilities complement our existing strengths and position us to create greater value for customers while advancing the Waaree 2.0 vision of becoming a future-ready clean energy solutions ecosystem.”

    Commenting on the partnership, Mr. Ajay Patel, Founder & Director, Associated Power Structures Private Limited, said: “Joining the Waaree ecosystem is a natural extension of the work we have done over the years in building transmission and power infrastructure for the country. Our strength has always been in execution, delivering complex tower fabrication and EPC projects with consistency and reliability. As part of WRTL, we gain the scale, capital backing and integrated platform needed to take on larger, more ambitious infrastructure projects, while continuing to do what we do best. We look forward to contributing to WRTL’s vision of building a future-ready clean energy and infrastructure ecosystem for India.”

    The transaction is closely aligned with Waaree 2.0, the Group’s strategic vision of evolving from a manufacturing-led organisation into an integrated clean energy and infrastructure platform. By bringing complementary capabilities under the Waaree ecosystem, WRTL aims to create long-term value through deeper customer engagement, enhanced execution capabilities and participation across a larger share of the renewable energy value chain.

  • Global Biofuels Alliance Launches Flagship Fellowship to Nurture Next-Generation Clean Energy Leaders and Accelerate Net-Zero Goals

    The Global Biofuels Alliance (GBA), a prominent multi-stakeholder alliance comprising 34 member countries and 14 international organizations, announced the upcoming Inaugural Global Biofuel Champion Fellowship (GBCF) Award Ceremony.

    Scheduled for Tuesday, June 30, 2026, at the Juniper Hall, India Habitat Centre, New Delhi, this premier global hybrid convening will stream live to an international audience of institutional partners, industry leaders, and global academia.

    The GBCF initiative addresses critical biofuel challenges through intensive research engagement and by nurturing a pool of dynamic young biofuel leaders. Dr. Neeraj Mittal, Interim DG of the GBA and Secretary of the Ministry of Petroleum and Natural Gas (MoPNG), will grace the event as the Guest of Honour and deliver a keynote address focusing on the Alliance’s tangible progress and its commitment to bioenergy innovation. Reflecting the high global stakes of the convening, diplomatic delegates from multiple countries have already formally confirmed their attendance.

    A primary highlight of the ceremony will be the formal induction of 15 exceptional early-career researchers into the GBA ecosystem. Selected through a rigorous, multi-stage evaluation process overseen by a world-class 5-member Jury Committee and an 8-member Mentors Committee – comprising eminent scholars from institutions like the University of Sheffield, Imperial College London, and IIT Madras – these fellows will receive a lump-sum research grant of up to US $15,000. Moving beyond traditional academia, these researchers will be officially assigned as Ambassadors of the Global Biofuels Alliance for the next two years to advocate for the global adoption of biofuels. During the ceremony’s “Voices of the Champions” segment, selected fellows will deliver rapid-fire overviews of the real-world, implementable solutions they are developing for the industry.

    “The GBCF Event represents a pivotal moment for our community,” noted the Secretariat ahead of the launch. The programming is engineered to deliver immediate, high-impact discourse on the global energy transition, featuring a specialized Fireside Dialogue titled “The Flex-Fuel Horizon: Scaling Blending Mandates through Collaborative Global Research.” This high-level panel will feature prominent technical and industry experts unpacking innovative business models and applied research necessary to scale operations as global governments push past blending targets into advanced flex-fuel regimes.

    The 60-minute formal proceedings, commencing at 4:00 PM IST, will open with an inspiring video montage illustrating the GBA’s historical trajectory, its core value add to member states, and the capacity of the GBCF to accelerate the global energy transition. Following the virtual and in-person awards presentation, the event will transition at 5:00 PM IST into a curated Networking Hour and High Tea. This session will facilitate vital bilateral dialogues, allowing locally based diplomats, industry representatives, and institutional partners to collaborate directly with GBA leadership.

  • Reliance Accelerates Clean Energy Expansion with Major Investments Across Renewables and Advanced Energy Technologies

    Reliance Industries is accelerating its investments across renewable energy, advanced materials, and alternative fuels as it positions itself to capitalize on India’s growing energy demand and strengthen the country’s energy security.

    Speaking at the company’s Annual General Meeting (AGM), Chairman Mukesh Ambani outlined Reliance’s long-term energy strategy, which combines conventional energy resources with emerging clean technologies. The strategy encompasses solar power, battery storage, wind energy, green hydrogen, compressed biogas, bioenergy, and underground coal gasification, aimed at supporting India’s transition to a more sustainable and self-reliant energy ecosystem.

    Ambani highlighted India’s continued dependence on imported energy as a key challenge, noting that reducing reliance on overseas fuel supplies is critical for enhancing long-term energy security and economic resilience. In line with this objective, Reliance plans to continue investing in oil and gas exploration and production while simultaneously expanding its clean energy portfolio.

    The company’s joint venture with BP currently contributes nearly 30% of India’s domestic natural gas production, while Reliance’s Jamnagar refinery complex remains one of the country’s most significant refining assets. Despite volatility in global energy markets, the refinery maintained strong operational performance and increased domestic LPG supplies to help address import-related shortages.

    On the renewable energy front, Reliance has commenced solar photovoltaic manufacturing at its Dhirubhai Ambani Green Energy Giga Complex in Jamnagar. The facility has already begun producing nearly 1 GW of heterojunction solar modules and forms part of the company’s vision to establish a fully integrated solar manufacturing ecosystem with an annual capacity of 20 GW, covering polysilicon, wafers, cells, and modules.

    The company is also making significant progress in battery manufacturing. The first phase of its 40 GWh battery cell manufacturing facility is expected to become operational this year. Reliance plans to expand the facility’s capacity to 120 GWh annually, positioning the company among the world’s leading producers of lithium iron phosphate (LFP) batteries.

    In addition, Reliance is developing a large-scale renewable energy project spanning approximately 550,000 acres in Gujarat’s Kutch region. The integrated project, combining solar generation and battery energy storage systems, is expected to generate over 40 billion units of clean electricity annually upon completion—equivalent to nearly 3% of India’s current power consumption.

    The company is also leveraging digital technologies to enhance operational efficiency. According to Executive Director Anant Ambani, Reliance is integrating automation and artificial intelligence into its refining operations with the goal of transforming the Jamnagar complex into a fully autonomous refinery.

    Through these investments, Reliance aims to play a pivotal role in India’s energy transition while strengthening its position across both traditional and next-generation energy sectors.

  • CtrlS Secures INR 7,000 Crore Commitment from CPP Investments to Scale Datacenter Infrastructure in India

    CtrlS Datacenters Ltd. announced a strategic partnership with Canada Pension Plan Investment Board (CPP Investments). CPP Investments will invest up to INR 7,000 crore (C$1 billion) to help fund CtrlS’ upcoming growth in India’s fast-growing digital infrastructure sector.

    As part of the partnership, CPP Investments will invest INR 4,000 crore (C$588 million) to acquire an 8.2% stake in CtrlS, signalling confidence in the company’s market leadership, operational excellence, and long-term growth plans. In addition, CPP Investments and CtrlS will form a joint venture to develop hyperscale datacenter campuses across India. CPP Investments has committed up to INR 3,000 crore (C$441 million) to the joint venture and will hold 48% equity ownership, with CtrlS owning 52%.

    The partnership aims to speed up the development of next-generation datacenter infrastructure to meet rising demand from hyperscalers, cloud services, AI applications, and India’s rapidly expanding digital economy.

    Commenting on the partnership, Sridhar Pinnapureddy, Founder & CEO, CtrlS Datacenters, said, “India’s AI moment is not on the horizon, it is already here. The demand signals from hyperscalers, cloud service providers, and enterprises are clear and unmistakable. Over the years, CtrlS has focused on reliability, sustainability, and long-term growth. Our partnership with CPP Investments reinforces these values. Together, we are not merely expanding capacity but also establishing the benchmark for AI-ready infrastructure in one of the world’s most significant digital markets.”

    Sridhar added, “This investment reflects the confidence global investors have in CtrlS’ leadership position, execution capabilities, and the significant opportunity ahead.”

    “As one of the world’s fastest growing digital markets, India represents an important pillar of our global datacenter strategy,” said Max Biagosch, Senior Managing Director and Global Head of Real Assets at CPP Investments. “Demand for datacenter infrastructure in India continues to accelerate, driven by hyperscale expansion, strong domestic cloud growth and emerging AI-led demand. This partnership with CtrlS positions us to scale high-quality infrastructure and deliver long-term value for CPP contributors and beneficiaries.”

    Biagosch added, “This investment builds on more than a decade of investing in India and the strength of our local platform. With an established presence on the ground, we continue to focus on investing alongside high-quality partners such as CtrlS and executing with discipline over the long term.”

    Since making its first direct investment in 2017, CPP Investments has actively invested in the global datacenter sector, building a diversified portfolio of datacenter assets and joint ventures across major international hubs, including Asia Pacific. CPP Investments made its first investment in India in 2009 and opened its Mumbai office in 2015. As of March 31, 2026, CPP Investments held over INR 1,850 billion (C$27 billion) in net assets in India, making it one of the country’s largest international institutional investors.

    The partnership reinforces CtrlS’ leadership in India’s digital infrastructure sector and supports its near-term strategy of building sustainable, world-class datacenter campuses across India. As AI and cloud adoption grow, CtrlS is committed to providing scalable, resilient, and future-ready infrastructure for India’s next phase of growth.

  • Resonia Wins Kurnool IV REZ Transmission Project in Telangana from Ministry of Power

    Resonia Ltd., a leading power transmission infrastructure company, has been awarded a major ISTS project in Telangana from the Ministry of Power under the Kurnool IV REZ Power Transmission Limited project. The project will significantly strengthen transmission connectivity between Andhra Pradesh and Telangana, enhance grid flexibility and support the large-scale integration of renewable energy from the Kurnool Renewable Energy Zone (REZ).

    Spanning approximately 120 km, the project is designed to enable the evacuation of around 3 GW of renewable energy envisaged under Kurnool IV REZ Phase II. The scope includes the establishment of a 765/400 kV Doma substation, augmentation of the existing Kurnool-IV pooling station, and development of associated high-capacity transmission infrastructure. This includes LILO of the Kurnool-IV – Bidar 765 kV double-circuit line at Doma along with two 400 kV double-circuit lines connecting Doma substation to existing Shadnagar and Kethiredipally substations of TGTRANSCO. 

    Commenting on the development, Prashant Sinha, CEO, Resonia Ltd, said, “This project marks an important milestone for Resonia and underscores the growing need for robust interstate transmission infrastructure in India’s energy transition journey. As renewable energy capacity scales rapidly, resilient and high-capacity transmission systems are critical for seamless power evacuation and grid stability. Through the Kurnool IV REZ project, we are enabling efficient clean energy integration while supporting regional and national decarbonisation goals. This win reflects our strong execution capabilities and our commitment to building future-ready transmission networks for the country.” 

    This order win further reinforces its role as a key enabler of India’s clean energy transition, supporting grid resilience, large-scale renewable integration, and reliable power delivery across interstate networks.