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

 
 
 
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