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    • Cheap clean energy to power India as leading renewable, green hydrogen player, says Pralhad Joshi

      Expansion of transmission infra, expansion of PM Surya Ghar and green hydrogen scale-up are among the steps the government will take to meet its clean-energy targets, the new and renewable energy minister tells Moneycontrol

    • Brookfield’s Nawal Saini says its portfolio is adding 10 percent of India’s incremental green capacity this year

      Brookfield is one of the largest renewable energy platforms globally, with around $140 billion of AUM across solar, wind, hydro, pumped storage, battery storage, sustainable aviation fuel and carbon capture.

    • GST cut on solar modules offers limited relief as developers flag input credit challenges

      Power regulator CERC issued a suo motu order on November 4 directing all renewable energy developers (solar, wind, etc.) to pass on the benefit of the reduced tax rate to the discoms and, ultimately, to end consumers through a corresponding reduction in the electricity tariff.

    • Essar Group seeks foreign capital to fund green energy ambitions

      Investment bank Avendus Capital is advising Essar Group on the fundraise.

    • Centre to temporarily slow down renewable energy tenders, cancel unviable projects as generation outpaces absorption capacity

      Ministry of New and Renewable Energy (MNRE) will cut the pace of renewable energy auctions in FY26-27 amid surplus supply and connectivity hurdles. However, India is still on track to achieve its 500 GW non-fossil fuel-based power generation target by 2030, MNRE Secretary Santosh Kumar Sarangi told Moneycontrol.

    • Tata Power targets data centres as new growth engine; aims 100% clean energy supply by 2030: CEO Praveer Sinha

      Tata Power has 5.4 GW of projects in pipeline and we will be able to complete all this in the next two years. So, any new bid that we win will come only in the third year. This is in fact the current scenario for the entire renewable energy sector in India, which is why the government is reassessing its scale of tendering such projects, Sinha said.

    • Power sector set for major security upgrade as Centre plans new framework against cyber threats

      The draft rules states that any organization that owns, operates, manages, or interfaces with power infrastructure connected to the electricity grid will have to prepare a board-approved cyber security policy, designate a Chief Information Security Officer (CISO), and align to standards by the Power Ministry.

    • India’s supply chains resilient, not at the mercy of anyone, says Piyush Goyal

      Commerce Minister Piyush Goyal reiterated that India is holding talks with the US on a bilateral trade agreement (BTA).

    • Tata Power to develop 700 MW wind power project in Andhra Pradesh

      The wind turbines will not just be 'Made in India', but 'Made in Andhra Pradesh' too. With Tata Power's project, wind energy farms will make a comeback in Andhra Pradesh after a hiatus of 6 years.

    • India-UK trade deal to boost Indian cleantech exports amid renewable energy slump in US

      The UK will also support India on green hydrogen, civil nuclear energy, and offshore wind apart from helping it finance climate action.

    • Govt plans battery storage for thermal power plants amid renewable energy fluctuations

      Operating thermal power plants at low capacity to allow higher injection of renewable energy into the grid during the day is expensive and leads to higher per unit cost of coal-fired electricity

    • Guard The Grid: India to bar sharing wind project data with China, others for national security

      Attackers can enter the network through wind installations and move on to other high-value assets. India thwarted nearly two lakh cyberattacks targeting its power sector during Operation Sindoor.

    • Electricity prices in spot market fell 26% in June as early monsoon lowered demand

      India's peak power demand touched 243 GW this year, much lower than the previosuly projected 270 GW. Senior power ministry officials now expect to see the current year's peak power demand in September, courtesy an early onset of monsoon and pre-monsoon rains during summers.

    • India to add 8,500 MWh battery energy storage by 2027-end

      The government will commission 3000 MW of pumped storage projects this year, according to Chairperson, Central Electricity Authority (CEA) Ghanshyam Prasad.

    • India puts an end to 100% waiver on inter-state transmission charges for solar and wind projects

      'The waiver of ISTS charges will gradually be phased out until June 2028 for solar and wind projects. It is now time to boost other aspects such as battery energy storage and pumped hydro for which we are now offering 100% waiver in ISTS charges for 25 years,' a senior MNRE official told Moneycontrol.

    • India to tap abandoned oil wells for geothermal energy

      India has at least 13,348 abandoned oil wells with a potential of about 10,600 MW of geothermal power. But it has not exploited even 1 MW so far.

    • India’s non-fossil power generation capacity to touch 50% by December

      The milestone will put India in the league of countries like China, Iceland, Norway, Brazil, New Zealand and Denmark, where clean energy capacity is 50 percent or more.

    • India announces Rs 5,400 crore funding scheme to build 30 GWh battery energy storage

      The Central Electricity Authority (CEA) has estimated that India will need 37 GWh of BESS capacity by 2027, and 236 GWh by 2031-32. With the new VGF announcement India is poised to achieve a BESS capacity of 43.2 GW by 2027-28.

    • India spent $100 billion on clean energy in 2024, China $627 billion, say IEA

      India looks set to reach its 2030 target of 50% non-fossil generation capacity ahead of schedule. There has been a surge in investment in renewables, led by solar PV, IEA has said in a report

    • Electricity prices crash to zero on exchanges as cooler weather cuts May power demand

      With the monsoon arriving sooner, the Ministry of Power plans to reassess its peak power demand projections for this year, which are currently pegged at 270 GW.

    • Tata Power open to investing in thermal power again, says CEO Praveer Sinha

      Tata AutoComp Systems will manufacture batteries and provide them to Tata Power, which will execute all renewable energy power projects with battery energy storage systems, Tata Power CEO and MD Praveer Sinha told Moneycontrol.

    • Deals over dinner rolls in Davos; ReNew to invest Rs 22,000 cr in Andhra

      A slew of renewable energy players opted out of the state between 2019 and 2023, but the Chandrababu Naidu administration is trying to change that with a new clean energy policy. Project approvals and land for ReNew's 2.5 GW project with 1 GWh of battery storage was cleared by the government in four months.

    • Makers of wind turbines, solar modules eye a slice of UK's $20 billion clean energy market 

      India and the UK are also going to collaborate on round-the-clock power supply technologies, industrial decarbonisation, and offshore wind supply chains and financing models, senior government officials told Moneycontrol.

    • India needs to up clean energy game, must aim for 600 GW by 2030: Report

      If India manages only 400 GW of non-fossil capacity by 2030, it could face power shortage and need additional 10-16 GW of coal capacity, the Council on Energy, Environment and Water study has said

    • Adani Green in advanced talks with SBI-led consortium to raise up to Rs 10,000 crore to refinance dollar loans

      The domestic refinancing comes after Adani Green scrapped its $600 million dollar bond offering in November

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