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September-October P2 2025

Union Cabinet Approves INR 7,280 Crore Rare Earth Magnets Manufacturing Scheme

The Union Cabinet has approved an INR 7,280-crore scheme to build India’s first integrated manufacturing ecosystem for sintered rare earth permanent magnets, targeting 6,000 MTPA capacity through sales-linked incentives, capital subsidies, and a global bidding process for five manufacturers.

Policies & Regulations | 27/11/2025 | By Mrinmoy Dey

ALMM Update: MNRE Adds 5,255 MW of Solar Module Capacity in November 2025

The Ministry of New and Renewable Energy has updated the ALMM List-I, adding 5,255 MW of solar module capacity in November 2025, taking the total enlisted capacity to 121,722 MW. Avaada Electro, Future Solar, Sova Solar and Navitas Solar have increased capacities. Sirius Solar Energy Systems and Jeem Energy are the new entrants.

Policies & Regulations | 26/11/2025 | By Mrinmoy Dey

MNRE Minister Pralhad Joshi Inaugurates 240 TPD Biomass Pellet Plant in Rewari, Haryana

Union Minister for New and Renewable Energy Pralhad Joshi has inaugurated a 240-TPD biomass pellet plant in Rewari, Haryana, aimed at boosting clean energy and curbing stubble burning.

Renewable energy / Biomass | 25/11/2025 | By Mrinmoy Dey

Patanjali, Mecpower, Diwakar Renewable Among Winners in RVUNL’s 500 MW/2,000 MWh BESS Auction

Rajasthan Rajya Vidyut Utpadan Nigam’s 500 MW/2,000 MWh BESS auction in Rajasthan closed at an L1 tariff of INR 2.85 lakh/MW/month, with Patanjali Ayurved, Ultravibrant Solar Energy, Rama Reflection India, Mecpower Solutions, Bhagwati Lacto Vegetarian Exports, and Diwakar Renewable and Infra emerging as winners.

Energy Storage | 25/11/2025 | By Mrinmoy Dey

India, Australia, Canada to Forge Trilateral Pact to Boost Green Energy and Tech Collaboration

India, Australia, and Canada have agreed to enter into a new trilateral partnership to drive green energy innovation and strengthen cooperation on critical minerals and emerging technologies such as artificial intelligence (AI).

Business | 24/11/2025 | By Mrinmoy Dey

BatteryPool Raises INR 8 Crore in Pre-Series A Round Led by IPV

BatteryPool has raised INR 8 crore in a Pre-Series A round led by Inflection Point Ventures, with participation from IAN, Chennai Angels, Keiretsu Forum, and prominent HNIs. The funding will enable the company to scale its battery fleet tenfold over the next 18 months and expand its nationwide presence.

Investment & Trading | 27/11/2025 | By News Bureau

Laser Power & Infra Bags INR 836 Crore Utility Projects from NTPC, KESCo and JDVVNL

Kolkata-based Laser Power & Infra has secured INR 836 crore in RDSS-linked orders from NTPC, KESCo and JDVVNL, covering system strengthening, feeder segregation and loss-reduction works with turnkey execution.

Business | 27/11/2025 | By EI News Network

Sunsure Energy Signs PPA with Bisleri International to Supply Solar Power to its Sahibabad Plant

Sunsure Energy has inked a long-term PPA with Bisleri International to supply solar power to its Sahibabad facility, from Sunsure’s 82.5 MWp solar plant in Erach, Uttar Pradesh. It will enable Bisleri to meet 48 percent of its electricity needs through renewables and cut nearly 2,700 tonnes of CO₂ emissions annually.

Renewable energy / Solar PV | 27/11/2025 | By Mrinmoy Dey

AXITEC–UNO Power Tie-Up Delivers 220 kW Solar Project for Dindigul Institution

AXITEC Energy India has named UNO Power its official distributor, with the Chennai firm delivering a 220 kW solar installation for a leading Dindigul educational institution, boosting clean energy adoption in Tamil Nadu.

Business | 27/11/2025 | By EI News Network

Waaree Group Bags 10 MWh BESS Order from Infrastructure Development Firm

Waaree Group has secured a 10 MWh BESS order for deployment in Tamil Nadu, strengthening its role in India’s expanding energy storage market amid rising renewable capacity, grid integration needs and domestic manufacturing growth.

Business | 27/11/2025 | By EI News Network

Oriano Clean Energy Signs PPA with GUVNL for 57 MW Solar Project

Oriano Clean Energy has inked a PPA with Gujarat Urja Vikas Nigam (GUVNL) for a 57 MW solar project awarded under the state utility’s 500 MW Solar (Phase-XXVII) tender.

Renewable energy / Solar PV | 27/11/2025 | By Mrinmoy Dey

Pace Digitek Arm Secures INR 199 Crore BESS Supply Order from L&T Construction

Pace Digitek’s subsidiary Lineage Power has bagged an INR 199.42 crore order from L&T Construction to supply 275.83 MWh liquid-cooled LiFePo₄ BESS containers for Bihar State Power Generation Company’s Kajra project.

Energy Storage | 27/11/2025 | By Mrinmoy Dey

Theia Ventures Leads Pre-Seed Round in Lemnisca to Accelerate AI-Driven Biomanufacturing

Theia Ventures has led a pre-seed investment in Lemnisca to accelerate the development of its AI-powered biomanufacturing platform, supporting the company’s Bengaluru lab expansion, technology build-out, and early-scale pilot programmes aimed at enabling sustainable industrial bioproduction.

Investment & Trading | 27/11/2025 | By News Bureau

Havells India to Procure Solar Power from Kundan Green’s 15 MWac Captive Project

Havells India will procure power from a 15 MWac captive solar plant to be set up by Kundan Solar, an SPV of Kundan Green Energy. The company plans to enter into a 25-year PPA for sourcing solar power for its plants in Rajasthan.

Renewable energy / Solar PV | 27/11/2025 | By Mrinmoy Dey

Sterling and Wilson Renewable Energy Bags INR 1,313 Crore Solar EPC Contract in South Africa

Sterling and Wilson Renewable Energy has clinched a USD 147 million (INR 1,313 crore) turnkey EPC contract for a 240 MW AC solar PV project in South Africa. With this, the company’s order inflow in this fiscal increases to INR 5,088 crore.

Renewable energy / Solar PV | 27/11/2025 | By Mrinmoy Dey