Page 2 - Green Energy

NTPC Green Energy to raise ₹1,500 crore via NCD issue on November 11

NTPC Green Energy on Friday said it will raise Rs 1,500 crore through issuance of unsecured non-convertible debentures on November 11, 2025 on private placement basis. Proceeds shall be utilised for, inter alia, financing capital expenditure, including refinancing and recoupment of capital expenditure already incurred by the company, as well as for extending such financing for capital expenditure to its subsidiaries and joint ventures through inter-corporate loans, and for other general corporate purposes, the company said in a regulatory filing. According to the filing, NTPC Green Energy Ltd has decided to issue unsecured non-convertible debentures of Rs 1,500 crore on November 11, 2025, through private placement at a coupon of 7.01 per cent per annum for a tenor of 10 years 1 day, maturing on November 12, 2035, under the board resolution dated April 29, 2025. This is the first issue of debentures under the mentioned approval. The debentures are proposed to be listed on NSE.

Singapore businesses keen to tap India's green energy, other sectors

Singapore businesses have said they are keen to join India's development journey, especially in fast-expanding sectors like green energy, and semiconductor, amid threat of disruptions in global supply chain. New challenges in markets are making it necessary to stay ahead of the curve and compete with a mindset to be global players, said Singapore-based executives at the Singapore International Energy Week (SIEW) held during October 27-31 in the Lion City. One such business group looking at potential participation in India's development is SP Group, one of Asia Pacific's leading utilities groups, which has built and is operating the world's largest underground district cooling network. The group is expanding its portfolio of solar, battery energy storage, and EV charging solutions across the region. "There is increased momentum in India's electrification and clean energy transition," said Dean Cher, Managing Director of SP Mobility at SP Group. "We're open to sharing our experience .

Why the US economy might benefit from abandoning clean energy goals

By selling more fossil fuels and avoiding the expense of meeting green regulations, the US would see its GDP grow by about 1% more than it would have had it continued the clean energy transition

Chhattisgarh Assembly's new building to be fully power with green energy

Chhattisgarh Assembly Speaker Dr Raman Singh said the new Vidhan Sabha building followed the green building concept and would be fully powered by solar energy

India's green shift to create jobs but skills gap a concern: Ratul Puri

India's journey towards net-zero emissions holds the potential of generating millions of job opportunities, but a significant gap in skilled workers may impact progress, according to Hindustan Power chairman Ratul Puri. As the country looks to achieve Net-Zero by 2070, solar power could create 3.26 million jobs by 2050, wind energy could generate 0.18 million jobs by 2030, and bioenergy, alongside green hydrogen, may add 0.27 million and 0.6 million jobs respectively by 2030, Puri said. Electric vehicle industry could provide 10 million direct jobs and 50 million indirect jobs by 2030. This sector is well-positioned to welcome new workers, upskill existing talent, and integrate the current 35 million ICE workforce, Puri noted. Despite encouraging projections, Puri highlighted the importance of preparing for upcoming workforce demands. Studies show that a smaller pool of green talent and fewer established pathways for developing relevant skills present ongoing challenges during this

DMRC invites bids to procure 500 MU renewable energy for low-carbon ops

In a move aimed at increasing its reliance on clean energy, the Delhi Metro Rail Corporation (DMRC) has invited bids for the supply of 500 million units of renewable energy annually to power its operations, officials said on Sunday. According to a statement, the DMRC is seeking to select a 'solar power developer' to set up a grid-connected captive generating plant along with a battery energy storage system (BESS) anywhere in India. The energy produced will be supplied to the DMRC under a 25-year power purchase agreement, with the project expected to be completed within 15 months of award, it said. At present, Delhi Metro meets about 33 per cent of its power demand from renewable sources. It procures around 350 MU annually from the Rewa Solar Park in Madhya Pradesh and generates 40 MU from rooftop solar installations across its stations, depots, and residential complexes, the statement said. During daytime operations, the share of renewable energy reaches nearly 65 per cent, it ...

Trump's rebranding of climate change is aimed more at global regime change

Trump's UN address targets global discontent, framing climate action as elite-driven, turning science into a political wedge for ideological gain

Over 17,000 rooftop solar plants installed in Delhi under govt's green push

The adoption of rooftop solar plants in the national capital is picking up gradually under the PM Surya Ghar Muft Bijli Yojna, with over 17,000 plants installed so far in a joint green push by the Delhi government and power discoms, officials said on Friday. Delhi Chief Minister Rekha Gupta, in an open letter to residents of the city, had appealed for the adoption of solar power. Under this scheme, the Delhi government is providing a capital subsidy of Rs 30,000 for solar plants up to 3 KW capacity. The banks offer loans for solar panel installation at the rates of 6.50-7 per cent, she said in the letter. If someone installs a solar rooftop plant up to 3 KW, they will receive a total subsidy of Rs 1.08 lakh, Rs 78,000 from the Centre and Rs 30,000 from the Delhi government. Furthermore, if a consumer's monthly electricity consumption is 500 units, they will enjoy a zero electricity bill after installing the 3 KW rooftop solar plant. Additionally, they will receive a monthly ...

ENGIE secures 100 MW solar project in Barmer from SECI in Rajasthan

Global energy company ENGIE on Friday said it has secured a 100 MW solar project in Barmer, Rajasthan, from the Solar Energy Corporation of India. Located in one of India's highest solar irradiance zones, the Barmer project is expected to be commissioned in 2027 and is a strategic addition to ENGIE's growing portfolio in Rajasthan, which now approaches 1 GW, a company statement said. According to the statement, ENGIE, a global leader in low-carbon energy and services, proudly announces the signing of a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) for a 100 MW Solar Photovoltaic (PV) project in Barmer, Rajasthan. Amit Jain, CEO and Country Manager, India MD Renewables & Batteries India & South-East Asia, said in the statement, Our agreement with SECI marks a pivotal chapter in ENGIE's growing partnership in India and reflects our shared ambition to accelerate the country's clean energy transition. The Barmer project is focused on delivering ..

Saatvik Green Energy bags solar modules supply orders worth over ₹700 cr

Saatvik Green Energy on Wednesday said it has secured supply orders for solar PV Modules worth over Rs 700 crore. All orders are set to be delivered in this financial year, a company statement said, adding that these repeat orders were from leading engineering, procurement, and construction companies and from independent power producers. The parent firm, Saatvik Green Energy Ltd, received orders worth Rs 488 crore, while its material subsidiary, Saatvik Solar Industries, received contracts worth Rs 219.62 crore. "At Saatvik, we want to help India have a clean energy future by providing reliable, high-quality solar solutions. These orders strengthen our developing partnerships with premier EPCs and IPPs who believe in our technology, size, and dependability," Prashant Mathur, CEO of Saatvik Green Energy said. Saatvik Green Energy Ltd is a top Indian maker of high-efficiency solar PV modules and the main company in the Saatvik Group. The company works with a wide range of utility-sc

IPO-bound Tata Capital focuses on green financing, tech for growth

Tata Capital Ltd, set to launch its IPO next week, has identified green financing and digital innovation as its core growth pillars, backed by the merger of its IFC-backed subsidiary Tata Cleantech Capital in 2024. By FY25, the cleantech and infrastructure finance book reached Rs 18,000 crore, growing at a 31.8 per cent CAGR over the last two years, the NBFC said on Friday. "Over the last decade, the cleantech portfolio has financed over 500 renewable projects and sanctioned more than 22,400 MW of capacity across solar, wind, biomass, small hydro, among others," MD and CEO Rajiv Sabharwal said. "The cleantech segment combines rapid growth with high-quality, secured assets, underpinned by technology-driven monitoring and disciplined underwriting. The portfolio is among the cleanest in the NBFC space, positioning the company as a key mobilizer of global climate capital," he said. The Tata Group NBFC said it is building for the long term with a vision anchored on trust, ...

Saatvik Green Energy IPO listing: Stock makes flat debut; quick overview

Saatvik Green Energy shares listed at ₹465 per share, the IPO issue price, on the National Stock Exchange

India may attract $100 bn investments in green hydrogen by 2030: Joshi

India targets 5 MTPA green hydrogen by 2030, eyeing $100 bn investment and 600,000 jobs, as renewables surge and the nation aims to be a global hydrogen hub

KPI Green Energy secures ₹3,200 cr sanction from SBI for Gujarat projects

The sanction will part-finance the firm's 250 MW solar project and 370 MW hybrid project, strengthening its IPP portfolio with a combined capacity of over 1 GWp

Relux Electric and Tamil Nadu Green Energy to set up EV charging points

Relux Electric Pvt Ltd, an electric vehicle charging infrastructure provider, has joined hands with the Tamil Nadu Green Energy Corporation Ltd to set up about 500 EV charging stations across the State. As part of the association, the two entities would conduct a feasibility study to identify land across Tamil Nadu for establishing the charging stations. "This initiative aligns with the vision of Tamil Nadu to expand EV infrastructure, reduce carbon emissions and promote cleaner transportation," a press release from Relux Electric Pvt Ltd said on Wednesday. Currently, Tamil Nadu has around 1,300 EV charging stations and it is developing a digital map to help users locate nearby charging points. Relux Electric Pvt Ltd Managing Director Karthikeyan S said, "This collaboration between the State and Relux comes at the right time to accelerate EV adoption in TN." "It will be a significant step towards transforming Tamil Nadu into an electric mobility hub, and will open up opportunitie

KPI Green lists India's first externally credit-enhanced ₹670 cr green bond

Gujarat-based renewable energy developer and operator KPI Green Energy on Thursday announced the successful listing of its inaugural green bond worth Rs 670 crore on the National Stock Exchange of India. This marks a significant advancement for sustainable finance in India's renewable sector, a company statement said. The five-year bond carries an annual coupon rate of 8.50 per cent with a quarterly amortisation profile. It is supported by a 65 per cent partial guarantee from GuarantCo , part of the Private Infrastructure Development Group, which is funded by the governments of the United Kingdom, Switzerland, Australia, Sweden, Netherlands, Canada and France. GuarantCo is rated AA- by Fitch and A1 by Moody's. This external credit enhancement has enabled AA+(CE) rating from both CRISIL and ICRA, broadening the investor base to include long-term domestic institutions such as infrastructure funds, mutual funds, and insurance companies. Bond proceeds will be used to expand KPI Gree

KPI Green Energy to raise $363 million from SBI, says CFO Salim Yahoo

The loan approval comes amid the Indian government's green energy push targeting 500 gigawatts of non-fossil capacity by 2030

Saatvik Green Energy IPO opens on Sept 19, sets price band at ₹442-465

Saatvik Green Energy aims to raise ₹900 crore through a combination of fresh issue of 15.1 million equity shares worth ₹700 crore and OFS of 4.3 million shares worth ₹200 crore

China to turn coal plants into nuclear stations to power green shift

China plans to repurpose retiring coal plants into nuclear stations under a C2N strategy led by CEEC, deploying advanced reactors to cut costs and accelerate decarbonisation

Green energy push: Driving India's economic and geopolitical future

India can position itself as the world's renewable powerhouse and green fuel exporter