The Odisha Electricity Regulatory Commission (OERC) has approved GRIDCO’s procurement of power from 470 MW of interstate transmission system (ISTS)-connected firm and dispatchable renewable energy (FDRE) projects. The effective tariff will be ₹4.32...

FluoRok, a UK-based fluorochemical manufacturing technology company spun out of the University of Oxford, has raised $30 million in an oversubscribed Series A funding round to scale its manufacturing platform and expand fluorochemical production....

Terra Clean (TeCL), a wholly owned subsidiary of Indian Oil Corporation (IOCL), has invited bids to supply transformers for solar park projects in Madhya Pradesh and Gujarat. The tender covers two 165 MVA, 220/33/33 kV power transformers in Sheopur...

The Odisha Electricity Regulatory Commission (OERC) has approved GRIDCO‘s procurement of 750 MW of interstate transmission system (ISTS)-connected hybrid renewable energy from ABC Cleantech through NTPC at a tariff of ₹3.34 (~$0.036)/kWh. The...

Integrated power utility Torrent Power reported revenue from operations of ₹98.02 billion (~$1.04 billion) in the second quarter (Q2) of the financial year (FY) 2027, an increase of 24.4% year-over-year (YoY) from ₹78.76 billion (~$837.60 million)....

The African Development Bank (AfDB) signed a $66 million financing agreement for the first phase of the Dandara solar-plus-storage project in Qena, Egypt. The financing comprises $46 million sourced from ordinary Bank Group resources and $20 million...

The Gujarat Electricity Regulatory Commission (GERC) has adopted a tariff of ₹2.34 (~$0.025)/kWh for Gujarat Urja Vikas Nigam’s (GUVNL) procurement of power from 1.25 GW of solar projects. The capacity comprises 625 MW awarded through...

Karnataka Power Corporation (KPCL) has issued a tender to set up a ground-mounted solar project integrated with a battery energy storage system (BESS). The project comprises 1 GW of solar and 2 GWh (two-hour) of battery energy capacity. Bids must be...

The Gujarat Electricity Regulatory Commission (GERC) has declined to grant an in-principle declaration recognizing changes in customs duty on imported solar modules as a Change in Law event for a 60 MW solar project in the state. The Commission held...

The Gujarat Electricity Regulatory Commission (GERC) has restrained Gujarat Energy Transmission Corporation (GETCO) from invoking or encashing a ₹60 million (~$639,352) bank guarantee furnished for Stage II connectivity at the 220 kV Kalawad...