IL&FS Mutual Fund has invested ₹125 crore in Hero Solar Energy to support the company’s renewable expansion strategy. The funding is expected to strengthen project development, scale solar assets, and enhance the company’s clean energy portfolio. The move highlights growing institutional interest in India’s rapidly expanding renewable energy sector and long-term solar infrastructure investments.
The Karnataka Budget 2026 outlines a strong push toward renewable energy with new initiatives focused on solar expansion, battery energy storage, and EV charging infrastructure. The state government aims to accelerate clean power deployment, strengthen grid resilience, and support electric mobility while attracting private investments in the renewable energy ecosystem.
The Central Electricity Regulatory Commission (CERC) has dismissed a petition filed by SJVN Green Energy concerning a dispute over the delivery point for solar power in Gujarat. The case involved contractual and regulatory interpretations related to project connectivity and supply obligations within the interstate transmission framework.
Indian Oil Corporation Limited has issued a tender for the operation and maintenance of a 5 MW solar power plant in Rajasthan. The initiative aligns with the company’s broader strategy to expand renewable energy assets and improve operational efficiency while supporting India’s energy transition and decarbonization goals.
NTPC Invites Bids for Maintenance of Faridabad Solar Plant
NTPC Limited has invited bids for a maintenance contract covering its 5 MW solar power plant located in Faridabad. The tender focuses on ensuring long-term performance, operational reliability, and efficient plant management as part of NTPC’s broader efforts to strengthen its renewable energy portfolio.
The Maharashtra Electricity Regulatory Commission (MERC) has approved the procurement of 2,269 MW of solar power under the Mukhyamantri Saur Krushi Vahini Yojana 2.0. The initiative aims to supply reliable daytime electricity to farmers, reduce agricultural power subsidies, and expand decentralized solar generation across rural regions.
MERC has approved the procurement of 2000 MW / 4000 MWh battery energy storage systems (BESS) for Maharashtra State Electricity Distribution Company Limited (MSEDCL). The storage projects aim to improve grid stability, enhance renewable integration, and support peak demand management as renewable energy capacity continues to grow.
The Central Electricity Regulatory Commission is examining a dispute involving the revocation of renewable energy project connectivity under the General Network Access (GNA) regulations. The case could influence future project approvals, grid access procedures, and regulatory clarity for renewable developers seeking interstate transmission connectivity.
KPI Green Energy has signed a battery energy storage purchase agreement with Gujarat Urja Vikas Nigam Limited (GUVNL) for a 445 MW / 890 MWh standalone BESS project in Gujarat. The project will support renewable energy integration, improve grid flexibility, and strengthen energy storage infrastructure in the state.
Oriana Power has secured a ₹1180 crore contract for a 234 MW floating solar project at Maithon Dam in Jharkhand. The project highlights India’s growing focus on floating solar solutions, which optimize water surfaces for renewable generation while reducing land constraints and improving energy efficiency.
ACME Solar has commissioned a 33.335 MW solar project integrated with a 160.48 MWh battery energy storage system in Rajasthan. The hybrid installation demonstrates the increasing adoption of solar-plus-storage solutions that enable reliable power supply and help manage intermittency in renewable energy generation.
NLC India Limited has transferred 1,430 MW of renewable energy assets to its subsidiary, NLC India Renewables Limited (NIRL). The restructuring aims to streamline renewable operations, accelerate green energy investments, and strengthen the company’s focus on scaling solar and wind capacity.
DEE Development Engineers Limited has secured new orders worth ₹754 crore in February, taking its total order inflows for FY26 to ₹1,714 crore. The engineering firm continues to expand its presence in energy infrastructure projects, including renewable and industrial segments.
Tata Power has partnered with Salesforce to build an AI-driven clean energy ecosystem aimed at enhancing customer engagement, digital energy services, and operational efficiency. The collaboration will leverage data analytics and artificial intelligence to accelerate the adoption of renewable energy solutions.
Solar Quarter will host a Solar Contractors Meet in Dehradun bringing together key industry leaders, developers, and EPC players. The event aims to facilitate discussions on solar deployment challenges, policy developments, and collaboration opportunities across India’s rapidly evolving renewable energy market.
The Electricity Generating Authority of Thailand (EGAT) is supporting the installation of a solar power system at Wat Thai Lumbini in Nepal. The initiative reflects regional collaboration to promote renewable energy adoption and sustainability across religious and cultural institutions.
Sunsure Energy has signed 8 MWp solar power purchase agreements with Korean automotive manufacturers operating in Tamil Nadu. The agreements will supply clean electricity to industrial facilities, helping companies reduce carbon emissions and meet sustainability targets.
Technique Solaire has commissioned a 2.8 MWp solar plant in Haryana under the PM-KUSUM scheme. The project aims to support decentralized solar generation, provide reliable power for agricultural use, and strengthen renewable energy adoption in rural India.
Insolation Energy Migrates to Main Board, Lists on NSE and BSE
Insolation Energy Limited (INA Solar) has successfully migrated to the main boards of NSE and BSE. The listing marks a key milestone in the company’s growth journey and is expected to improve investor visibility while supporting expansion in India’s solar manufacturing and project development sectors.
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