India
ADB OKs $434.25m loan for solar facility in Assam, India
Another $1m grant will be allocated for project implementation.
India to remain dependent on imported critical minerals for energy transition
Demand for such is expected to more than double by 2030.
India's gas consumption to reach 113.7 bcm by 2040
Key factors include population growth and economic development.
Nayara Energy conferred with Consumer Initiative of the Year - India at Asian Oil & Gas Awards 2024
Customer-centric innovation in digital engagement was the game-changer for India’s leading private fuel retailer.
HMEL takes home two prestigious wins at Asian Oil & Gas Awards 2024
The company was recognised with accolades for Health and Safety Initiative of the Year - India and Innovative Technology Initiative of the Year - India.
Azure Power secures INR37b REC, HSBC refinancing
Over $500m of debt has been refinanced.
AMPIN Energy Transition achieves financial closure for 200MWp Rajasthan project
Over 435 million units of solar energy will be generated annually.
India’s solar scheme installs 385,000 units in first six months
This is equivalent to about 1.8 gigawatts (GW) of new capacity.
Sembcorp bags 150 MW wind-solar hybrid project in India
Power generated will be sold to SECI.
POWERGRID acquires three SPVs for renewable energy transmission
These were secured through tariff-based competitive bidding.
KPI Green inks PPA for 620 MW grid-connected RE projects in Gujarat
One of the projects is a 370 MW hybrid power plant.
India’s MNRE clarifies coverage of ALMM order
Projects with prior approval are not affected.
REC transfers Rajasthan-IV H-1 transmission to Power Grid Corp
The project is scheduled to be completed within 24 months.
India eyes 2,100 GW capacity to meet soaring energy demand
This includes the 500 GW renewables target.
Renewables account for nearly half of India’s total energy capacity as of October
Solar alone added 90.76 GW.
JSW Energy, NTPC sign deal for 700 MW solar project
The agreement will run for 25 years.
Thought Leadership Centre
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1. India installs record 36.6 GW of solar capacity in 2025 2. Emerging economies drive global wind and solar growth 3. ADB and GRE to develop Thailand’s first major solar-BESS fleet in $350m deal 4. China advances coal fleet retrofitting amidst energy transition 5. First Gen to acquire 40% of Prime Infra hydro portfolio for PHP75bResource Center
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Commentary
What a $635b investment push could mean for India’s refineries and thermal power plants