Top Stories Of The Day: SECI to Invest ₹1050 Crore in FDs; Enerparc Launches Power Trading Arm in India and More…

Solar Energy Corporation of India (SECI) plans to invest ₹1050 crore in fixed deposits through scheduled commercial banks. The move reflects prudent treasury management, ensuring optimal utilization of surplus funds while maintaining liquidity to support upcoming renewable energy tenders and project commitments.


Enerparc has launched a dedicated power trading arm in India to streamline renewable energy buying and selling. The initiative strengthens market participation, enhances price optimization, and supports corporate consumers seeking flexible and competitive clean power procurement solutions.


The Central Electricity Authority has proposed draft amendments for 2026 to fast-track smart meter deployment nationwide. The reforms aim to enhance billing efficiency, reduce losses, and modernize distribution networks through digital monitoring and advanced metering infrastructure.


Sahaj Solar has incorporated a wholly owned subsidiary, Sahaj Energies Limited, in Mauritius. The strategic expansion supports international business growth, financial structuring flexibility, and enhanced access to global renewable energy opportunities.


Keltron has issued a tender for a 1.5 MWp rooftop solar project at Kalyani Layer Farm. The initiative promotes clean energy adoption in agro-industrial facilities and strengthens distributed solar deployment across institutional and commercial establishments.


The Cabinet Committee on Economic Affairs has increased PowerGrid’s equity investment limit to ₹7500 crore per subsidiary. The decision empowers faster infrastructure expansion and supports India’s growing transmission requirements driven by renewable energy capacity additions.


PowerGrid has commissioned the 8.1 GW Rajasthan solar transmission project under Phase II Part G. The project enhances grid connectivity for large-scale renewable capacity and strengthens interstate transmission infrastructure to support green energy evacuation.


Larsen & Toubro’s Power Transmission & Distribution arm has secured new EPC orders for grid projects across India and the Middle East. The contracts reinforce L&T’s global execution strength and expanding presence in high-voltage transmission infrastructure.


Vikram Solar has secured a 378.75 MW module supply order for NTPC Green Energy Limited’s Gujarat solar project. The deal underscores strong domestic demand for high-quality modules supporting India’s utility-scale renewable expansion.


SECI also plans an additional ₹550 crore fixed deposit investment under strict bank eligibility norms. The strategy ensures financial prudence, capital safety, and steady returns while maintaining flexibility for upcoming renewable procurement initiatives.


India Solar Week 2026 concluded with a grand celebration of industry leadership, innovation, and excellence. The event brought together policymakers, developers, and manufacturers, highlighting technology advancements and collaborative efforts accelerating India’s renewable transition.


The Cabinet has approved enhanced investment powers for PowerGrid, enabling faster transmission infrastructure development. The move aligns with India’s ambitious renewable expansion plans and supports timely evacuation of large-scale solar and wind capacity.


Grew Solar has secured a 500 MW solar module supply order for utility-scale projects in India. The contract strengthens domestic manufacturing momentum and reinforces supply chain readiness for large renewable deployments.


KEC International has secured ₹1002 crore in new orders across transmission and distribution projects, including 220 kV, 132 kV, and 400 kV lines. The wins reinforce its strong order book and India’s ongoing grid strengthening efforts.


Subscribe to get the latest posts sent to your email.

 

  • Related Posts

    Senvion India Secures 54.6 MW Wind Order From Prozeal Green In Gujarat

    Senvion India has secured a 54.6 MW wind power project order from Prozeal Green Private Limited under the commercial and industrial (C&I) renewable energy segment. The project will be developed…

    Waaree Renewable Technologies Secures 450 MWp Solar EPC Order For FY2027–28 Completion

    Waaree Renewable Technologies Limited has secured a Letter of Award (LoA) for executing engineering, procurement and construction (EPC) works for a 450 MWp solar power project in India. The order…

    Have You Seen?

    ErreDue to supply two PEM electrolysers to jewellery firm

    • October 28, 2026
    ErreDue to supply two PEM electrolysers to jewellery firm

    Biomethane ‘left behind’ in UK Budget, says trade association

    • October 28, 2026
    Biomethane ‘left behind’ in UK Budget, says trade association

    UK-Taiwan launch CCUS partnership

    • October 28, 2026
    UK-Taiwan launch CCUS partnership

    UK Budget cuts carbon capture grants as Acorn faces funding uncertainty

    • October 28, 2026
    UK Budget cuts carbon capture grants as Acorn faces funding uncertainty

    Equinor Profits Triple as Oil and Gas Prices Surge

    • October 28, 2026
    Equinor Profits Triple as Oil and Gas Prices Surge

    China’s Wind and Solar Power Capacity Surpasses 2 Terawatts

    • October 28, 2026
    China’s Wind and Solar Power Capacity Surpasses 2 Terawatts

    India’s Gasoline Demand Could Peak by 2035 as EVs Gain Ground

    • October 28, 2026
    India’s Gasoline Demand Could Peak by 2035 as EVs Gain Ground

    UK biotech firm acquires five biogas upgrading units from Air Liquide

    • October 28, 2026
    UK biotech firm acquires five biogas upgrading units from Air Liquide

    SIA signs three-year SAF offtake deal with Aether Fuels in Singapore

    • October 28, 2026
    SIA signs three-year SAF offtake deal with Aether Fuels in Singapore

    SIA signs three-year SAF offtake deal with Aether Fuels in Singapore

    • October 28, 2026
    SIA signs three-year SAF offtake deal with Aether Fuels in Singapore