This trade case, brought by US solar manufacturers, aims to address unfair government subsidies. A separate decision next month will examine if these companies are selling products below cost.
Under the agreement, Waaree Clean Energy Solutions will design, engineer, supply, install, commission, own and operate the alkaline electrolyser system.
The issue, priced between ₹1,000-1,053, includes a fresh issue and an offer for sale. Analysts suggest limited listing gains but see potential for long-term investors due to strong growth prospects in the renewable energy sector.
The project is located at Village Dadahu, Tehsil Renuka, in Himachal Pradesh’s Sirmaur district and is scheduled for completion within 30 months.
In a post on X, he wrote, "I recently met with leaders from across India's renewable energy ecosystem, listening to different perspectives from industry, finance, policy & civil society. The clean energy future is within reach - but we need a system-wide transformation to accelerate the transition from fossil fuels."
This crucial operation promises to significantly improve water storage and power generation capabilities. The gradual accumulation of sediment has led to a marked reduction in the dam’s capacity over the years.
Renewable energy is the most important among the current sources of energy. The projects specifically being carried out by NHPC in hilly states are not only meeting electricity needs but also accelerating infrastructure development.
Despite government incentives, rooftop solar adoption in Chandigarh is low. A CREST study reveals significant financial benefits, with 2-3 kWp systems offering monthly savings of ₹1,000- ₹2,000 and payback in four to five years.
The company is adjusting its strategy in response to changing market dynamics, including higher development and financing costs. Repsol now aims for over 10 gigawatts of renewable capacity, down from a previous target of 20 gigawatts.
With this, the NTPC arm’s total installed capacity has increased to 9,151.08 MW.
Solar industry representatives called the clarification an 'eye-wash,' alleging consumers with higher sanctioned loads are facing hurdles, impacting solar adoption and investor confidence.
Solar pumps will power agriculture. The best performing village will be named a Model Solar village and receive a ₹1 crore incentive for development.
Foreign institutional investors accounted for 32 per cent of the anchor book, while domestic institutional investors comprised 68 per cent.
The state-owned company’s board cleared the 240 MW Uri-I Stage-II and 260 MW Dulhasti Stage-II projects, aggregating 500 MW, with construction targeted to commence in March 2026.
The state has also seen significant growth in its Gross State Domestic Product and per capita income, alongside substantial investments in road connectivity, healthcare, and education reforms.
Despite a fully booked domestic order book, the company plans to tap overseas markets, including a US solar cell plant, driven by evolving international procurement rules. Efforts are also underway to significantly reduce silver dependence by exploring copper replacement.
Vendors argue the move, which bases approvals on past consumption rather than sanctioned load, unfairly impacts domestic and small consumers, hindering future expansion and the PM Surya Ghar Yojana. They demand an immediate rollback of the new norms.
Approved investments exceed ₹2.16 lakh crore, driving significant sales and exports, while creating over 14 lakh jobs. The initiative has notably reduced mobile phone imports and fostered advanced manufacturing capabilities.
KPI Green Energy has successfully completed a significant 92.4 megawatt wind power project in Gujarat. This project, developed for Ayana Renewable Power Four, features 28 wind turbine generators.
This adds 165 MW to the group's operational capacity. The total installed capacity of the NTPC Green Energy Limited Group now stands at 8,992.68 MW.