Top Stories Of The Day: ACME-NHPC 250MW PPA; Eco Survey RE Push; NVVN 1MW Solar Bid and More…

ACME Solar has signed a 25-year Power Purchase Agreement (PPA) with NHPC for a 250 MW Firm and Dispatchable Renewable Energy (FDRE) project. The agreement strengthens long-term renewable offtake, supports round-the-clock green power supply, and advances India’s goal of integrating reliable renewable energy into the national grid.

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India must address high capital costs, land acquisition delays, and grid constraints to sustain renewable energy growth, the Economic Survey 2025–26 said. It recommends innovative financing, energy storage expansion, and optimized project execution as India targets 500 GW of non-fossil fuel capacity and strengthens grid resilience.

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NVVN has invited bids for a 1 MW grid-connected solar power project at GAIL’s Ajmer facility. The tender supports decentralized solar adoption, reduces industrial carbon footprint, and strengthens captive renewable power generation for public sector energy operations in Rajasthan.

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Oswal Greenzo Energies has secured a 5 MW green hydrogen project at Deendayal Port, marking a milestone in port-based hydrogen production. The project supports maritime decarbonization, clean fuel adoption, and India’s National Green Hydrogen Mission while positioning ports as clean energy hubs.

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DRDO’s Proof & Experimental Establishment (PXE) has invited an Expression of Interest (EoI) for a 5 MW solar project integrated with battery energy storage in Odisha. The initiative aims to enhance energy security, grid stability, and renewable power deployment for strategic infrastructure.

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Greenko has completed a ₹4,800 crore refinancing, signaling strong investor confidence in India’s renewable energy sector. The move strengthens project financing, lowers capital costs, and reflects growing faith in long-term renewable asset performance and India’s clean energy investment landscape.

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CRISIL has upgraded ratings for SAEL’s 4.4 GW solar asset portfolio, citing strong operational performance and financial stability. The upgrade highlights improving asset reliability, cash flow strength, and investor confidence in large-scale solar portfolios across India’s renewable energy market.

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BPCL has commissioned a 71 MWp solar plant at Prayagraj, reinforcing its commitment to renewable energy and decarbonization. Announced during India Energy Week 2026, the project supports clean power generation, reduces emissions, and strengthens PSU-led renewable adoption.

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NALCO has issued a clarification regarding recent media reports on its green energy expansion strategy, reaffirming its commitment to renewable integration while addressing speculation around project scale and timelines. The statement highlights growing public sector interest in clean energy diversification.

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KPI Green Energy has started power supply from its 200 MW solar project at Khavda, Gujarat. The project contributes to India’s largest renewable energy park, boosts utility-scale solar capacity, and supports national renewable energy deployment and grid decarbonization goals.

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Websol Energy has reported a 61% year-on-year revenue growth to ₹648 crore in 9M FY26, with Q3 profit rising 56%. The strong financial performance reflects rising demand for solar components and expanding opportunities in India’s PV manufacturing sector.

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The MNRE Secretary emphasized the need to prioritize grid integration, storage, and technology innovation alongside capacity expansion at India Energy Week 2026. The remarks highlight India’s evolving renewable strategy focused on reliability, flexibility, and long-term grid resilience.

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