Page 4 - Nandini Keshari

Rooftop solar installations reached 50 lakh households: Pralhad Joshi

PM Surya Ghar scheme has crossed 50 lakh rooftop solar installations, with 14.8 GW commissioned and nearly 19 lakh households reporting zero electricity bills

IEX electricity prices rise 19% to ₹5 per unit, trade volumes up 7.7%

India's largest power exchange reported stronger July demand, with RTM prices rising 15.1% and overall traded electricity volumes increasing 7.7% year-on-year

Torrent Power posts 11% drop in Q1 profit amid higher finance costs

Revenue rose 3%, while higher finance costs and LNG supply disruptions weighed on earnings. The company completed the acquisition of Nabha Power during the quarter

Two 55 MW nuclear SMRs to cost ₹7,000 crore, Centre tells Parliament

Centre says indigenous small modular reactors will take 5-6 years to build after financial approval, with BARC developing three designs under the Nuclear Energy Mission

Solar met over 20% of peak power demand in June quarter: CREA report

Solar generation rose 37 per cent year-on-year in Q1FY27 and met more than one-fifth of peak electricity demand as renewable energy's role in India's power mix expanded

Cabinet clears ₹5,070 crore scheme for 5 GW floating solar projects

The Pradhan Mantri Surya Sarovar Yojana will support 5 GW of floating solar projects with energy storage systems and central financial assistance until FY33

Avaada achieves $1.3 billion financial closure for 2.15 GW portfolio

The funding from SBI, REC and Canara Bank will support hybrid and utility-scale solar projects being developed for Maharashtra and Gujarat state utilities

NTPC builds more renewable energy capacity than coal for first time

Energy giant shifts focus from thermal power to solar, wind

Green hydrogen hub in Andhra Pradesh offers mega opportunity: NGEL CEO

NTPC Green Energy chief says the Rs 1.85 lakh crore project will spur demand for electrical equipment, while CEA flags grid stability and equipment lead times

Waaree Energies Q1 net profit up 15%; revenue climbs 79% on strong demand

Solar major's order book stands at around Rs 61,500 crore as it expands cell manufacturing and battery energy storage capacity in Gujarat

ACME Solar secures ₹3,404 crore PFC funding for 250 MW FDRE project

The 19-year funding will support a solar, wind and battery storage project across Rajasthan and Gujarat, backed by a 25-year power purchase agreement with NHPC

Suzlon Energy eyes Europe, Australia and Southeast Asia for exports

Suzlon plans to expand overseas with a 3 GW export order book by FY31, targeting Australia, Europe and Southeast Asia while ramping up domestic capacity

Juniper Green fixes ₹214-225 price band for ₹1,800 cr IPO opening July 30

The renewable energy company plans to use the IPO proceeds to repay borrowings, fund subsidiaries and support general corporate purposes

Tata Power posts 11% higher Q1 profit, plans ₹40,000 cr transmission capex

Power major outlines ₹40,000 crore transmission investment plan by 2030 as it reports higher quarterly profit and advances nuclear and renewable energy projects

Power ministry weighs parallel distribution licensing for power sector

The proposed framework seeks to enable competition in electricity supply by allowing new distribution licensees to use existing networks without duplication

Adani Energy bags ₹8,500 cr Andhra transmission project for green molecules

The inter-state transmission project in Andhra Pradesh will supply power to proposed green hydrogen and green ammonia projects in Vizag and be completed in 30 months

Quality control orders hit small businesses hard, pushed up costs: CSEP

QCOs enforced by BIS, were introduced in 2016 by mandating the already existing voluntary standards in Indian manufacturing

Allowing Chinese firms in power bids to address supply gap: CEA official

CEA said the decision to allow four Chinese power equipment manufacturers to bid for projects was taken consciously to ease supply constraints in critical equipment

Nuclear power capacity to reach 22 GW by FY32, says Jitendra Singh

The minister said India aims to achieve 100 GW of nuclear power capacity by 2047, with small modular reactors and private participation playing a key role

India's solar capacity to exceed coal by 200 GW by 2036: Pralhad Joshi

India is projected to have 786 GW of non-fossil capacity by 2035-36, accounting for nearly 70 per cent of its total installed power generation capacity