The World Bank Group’s Multilateral Investment Guarantee Agency (MIGA) has issued a $197.67 million five-year guarantee to Citibank N.A. for its non-shareholder loan to the State Bank of India (SBI). SBI will use the guarantee to refinance the...

The Andhra Pradesh Electricity Regulatory Commission (APERC) has proposed removing the cap of ₹0.4 (~$0.0044)/kWh on the distribution licensee’s monthly pass-through of fuel and power purchase cost adjustment (FPPCA) charges. The amendment...

The Madhya Pradesh Electricity Regulatory Commission (MPERC) has notified the Sixth Amendment to the MPERC (Terms and Conditions for Intra-State Open Access in Madhya Pradesh) (Revision-I) Regulations, 2021, introducing detailed provisions governing...

The Andhra Pradesh Electricity Regulatory Commission (APERC) has issued the draft second amendment to the Terms and Conditions for Tariff Determination from Renewable Energy Sources Regulation, 2025, intended to remove the condition that renewable...

Waaree Energies has announced plans to set up a 16 GWh integrated lithium-ion battery manufacturing plant in Rambili, Anakapalli, Andhra Pradesh, with an investment of ₹81.75 billion (~$901.26 million). The integrated greenfield lithium-ion...

Over 1,600 MW of renewable energy capacity is at risk of having its grid connectivity revoked due to non-compliance with General Network Access regulations. According to a tentative list notified by Central Transmission Utility (CTUIL), 15 solar,...

Bharat Petroleum Corporation (BPCL) has commissioned a 71 MW solar power project in Prayagraj, Uttar Pradesh, strengthening its renewable energy portfolio. The power generated by the project will be supplied to BPCL’s refineries in Mumbai, Bina, and...

Chemical manufacturing company Tatva Chintan Pharma Chem has signed agreements to procure 6.4 MW of power from AMPIN C&I Power Twenty Six’s (AMPIN) 19.8 MW wind-solar hybrid group captive project in Gujarat. Tatva Chintan will procure 3.2 MW...

Energy solutions provider Siemens Energy has approved an investment of approximately ₹20.6 billion (~$226.33 million) through internal accruals to set up a 30,000 MVA power transformer factory. The facility is expected to become operational by the...

HPCL Renewable and Green Energy (HPRGEL), a wholly-owned subsidiary of HPCL, has invited bids to select the owner’s engineer for the design, engineering, supply, erection, and commissioning of a 210 MW solar project with 400 MWh battery energy...