Veteran Leader

Tata Power Renewables Commissions 752 MW Solar Power Projects

Tata Power Renewable Energy (TPREL), a subsidiary of Tata Power, commissioned 752 MW of solar projects in the first quarter of FY26. This marked a record quarterly addition, representing a 112 per cent increase from the 354 MW added in the same quarter of the previous fiscal year.With this commissioning, the company’s total utility-scale operational capacity has reached 5.6 GW, comprising 4.6 GW of solar and 1 GW of wind power. TPREL also plans to commission an additional 1.7 GW of utility-owned capacity during FY26, along with 1 GW of third-party projects.The company aims to scale its total..

KPI Green Energy Sets Up New Renewable Energy Subsidiary

KPI Green Energy has formally established a new special purpose vehicle (SPV) aimed at accelerating its initiatives in the renewable energy space. The SPV, named KPIN Clean Power Three LLP, received approval for incorporation from the Ministry of Corporate Affairs on July 2, 2025.This strategic move is part of the company’s broader plan to enhance its role in the clean energy transition and align with national and global sustainability goals. The primary objective of the new entity is to focus on the generation, development, transformation, distribution, transmission, sale, and supply of pow..

IFC Invests Rs 4.60 Bn in India's Biggest Battery Storage Project

IFC, a member of the World Bank Group, has committed Rs 4.60 billion to IndiGrid for the development of India’s largest standalone battery energy storage system (BESS) project in Gujarat. The project is expected to significantly contribute to the state's clean energy ambitions by enhancing grid stability and ensuring dependable power supply during peak demand periods.The financing involves a long-term investment of approximately Rs 4.60 billion through a subscription to listed non-convertible debentures. This includes 38.5 million from IFC’s own account and $16.5 million in concessional su..