The Central Electricity Authority (CEA) has clarified that a manufacturer’s laboratory accredited to the National Accreditation Board for Testing and Calibration Laboratories can be used to qualify equipment for type tests in the power sector. The...

The Central Electricity Regulatory Commission (CERC) has approved tariffs of ₹3.41 (~$0.036)/kWh and ₹3.42 (~$0.037)/kWh for NHPC’s 1.2 GW of interstate transmission system (ISTS)-connected wind-solar hybrid power projects with a greenshoe option....

The Ministry of Heavy Industries has invited bids to establish domestic manufacturing capacity for sintered neodymium-iron-boron (NdFeB) rare earth permanent magnets, widely used in electric vehicles, wind turbines, high-end electronics, aerospace,...

Greater Noida-headquartered energy storage solutions provider ILJIN Electronics plans to raise ₹2.96 billion (~$31.79 million) from its parent company, Amber Group, through a rights issue. Upon completion of the transaction, Amber will hold an 89....

State-owned lender to the energy sector, Power Finance Corporation’s (PFC) board has approved a plan to borrow up to ₹1.6 trillion (~$17.16 billion) from domestic and international markets through a wide range of instruments for the financial year...

Solar module manufacturer SWELECT Energy Systems has announced that its wholly owned subsidiary, SWELECT Energy Systems, Singapore, will enter into a strategic partnership with U.S.-based FortifyGrid, to form a joint venture (JV) company for the...

Ethanol producer TruAlt Bioenergy’s subsidiary, Leafiniti Bioenergy, a compressed biogas (CBG) company, has received an investment of ₹130 million (~$1.4 million) through an equity share subscription from GAIL (India) for implementing CBG projects...

Integrated infrastructure services company Bluspring Enterprises has announced that its wholly owned subsidiary, Bluspring New Horizon One (BNHOPL), has executed a share purchase agreement with Germany-based STEAG Energy and STEAG Energy Services...