India’s Renewable Push: NTPC, Avaada Lead

17 Mar 2025 CW Team

India's renewable energy sector continues to gain momentum, with major announcements across the country:

NTPC Green Energy has invited expressions of interest (EoI) for developing a 5 MW solar project and a 4 MW/12 MWh battery energy storage system in Great Nicobar Island. Open to Indian companies, consortiums, affiliates, or representatives, bids must be submitted by April 18, 2025, and will be opened on April 24, 2025. Selected bidders are expected to conduct studies assessing the island’s energy needs and evaluating the existing transmission system.

The Jharkhand State Electricity Regulatory Commission approved a power sale agreement between Bokaro Steel (a Steel Authority of India company) and the Solar Energy Corporation of India for purchasing 100 MW of solar power. Projects commissioned before June 30, 2025, will be exempted from interstate transmission charges under the CERC Regulation, 2023.

Uttar Haryana Bijli Vitran Nigam is inviting expressions of interest for developing 7 MW of solar power projects under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan (PM-KUSUM) program. The projects will be installed on barren or agricultural land within a 5 km radius of substations.

The Avaada Group has inaugurated a 1.5 GW solar module manufacturing gigafactory in Dadri, Noida, and laid the foundation for a 5 GW solar manufacturing unit at Ecotech, Greater Noida. The Dadri plant specializes in advanced tunnel oxide passivated contact N-Type bifacial glass-to-glass solar modules, producing 5,800 modules daily.

Jubilant Ingrevia, a specialty chemical manufacturer, will procure approximately 54 million units of power annually for its Gujarat facility from O2 Power’s wind-solar hybrid project in Maharashtra. The power will be supplied via a third-party open access model.

AmpereHour Energy, based in Pune, raised $5 million (Rs 415 million) in a Series A funding round led by Avaana Capital, with participation from UC Impower and existing angel investors. The funds will be used to expand battery energy storage deployment, enhance manufacturing, and boost R&D efforts.

DBS Bank, headquartered in Singapore, has ceased financing new coal mining and thermal coal power assets. It also announced plans to stop funding clients who derive more than 50% of their revenue from thermal coal by January 2026, according to its Sustainability Report 2024.

India's transition toward clean energy continues to gain traction, driven by ambitious projects and global investments.

India's renewable energy sector continues to gain momentum, with major announcements across the country: NTPC Green Energy has invited expressions of interest (EoI) for developing a 5 MW solar project and a 4 MW/12 MWh battery energy storage system in Great Nicobar Island. Open to Indian companies, consortiums, affiliates, or representatives, bids must be submitted by April 18, 2025, and will be opened on April 24, 2025. Selected bidders are expected to conduct studies assessing the island’s energy needs and evaluating the existing transmission system. The Jharkhand State Electricity Regulatory Commission approved a power sale agreement between Bokaro Steel (a Steel Authority of India company) and the Solar Energy Corporation of India for purchasing 100 MW of solar power. Projects commissioned before June 30, 2025, will be exempted from interstate transmission charges under the CERC Regulation, 2023. Uttar Haryana Bijli Vitran Nigam is inviting expressions of interest for developing 7 MW of solar power projects under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan (PM-KUSUM) program. The projects will be installed on barren or agricultural land within a 5 km radius of substations. The Avaada Group has inaugurated a 1.5 GW solar module manufacturing gigafactory in Dadri, Noida, and laid the foundation for a 5 GW solar manufacturing unit at Ecotech, Greater Noida. The Dadri plant specializes in advanced tunnel oxide passivated contact N-Type bifacial glass-to-glass solar modules, producing 5,800 modules daily. Jubilant Ingrevia, a specialty chemical manufacturer, will procure approximately 54 million units of power annually for its Gujarat facility from O2 Power’s wind-solar hybrid project in Maharashtra. The power will be supplied via a third-party open access model. AmpereHour Energy, based in Pune, raised $5 million (Rs 415 million) in a Series A funding round led by Avaana Capital, with participation from UC Impower and existing angel investors. The funds will be used to expand battery energy storage deployment, enhance manufacturing, and boost R&D efforts. DBS Bank, headquartered in Singapore, has ceased financing new coal mining and thermal coal power assets. It also announced plans to stop funding clients who derive more than 50% of their revenue from thermal coal by January 2026, according to its Sustainability Report 2024. India's transition toward clean energy continues to gain traction, driven by ambitious projects and global investments.

Infrastructure Transport

18 Dec 2025

RVNL secures Rs 1.65 billion railway bridge project from North Eastern Railway

Rail Vikas Nigam (RVNL) has received a Letter of Award (LoA) from North Eastern Railway for a Rs 1.65 billion railway infrastructure project, strengthening its order book and showcasing its expertise in complex railway construction.The project involves constructing the substructure of a major railway bridge over the Gandak River, located between Paniyahwa and Valmikinagar stations. This is part of the doubling of the Gorakhpur Cantt–Valmikinagar railway section, aimed at improving line capacity and operational efficiency.The bridge will feature 14 spans of 61 metres each, built on double D-t..

Infrastructure Transport

18 Dec 2025

Raebareli’s Modern Coach Factory rolls out 15,000th railway coach

The Modern Coach Factory (MCF) at Raebareli in Uttar Pradesh has achieved a major manufacturing milestone with the rollout of its 15,000th railway coach on December 15, the Ministry of Railways said.In a press note, the ministry said that MCF has already produced 1,310 coaches in the current financial year 2025–26, reflecting sustained high output at one of Indian Railways’ most advanced passenger coach manufacturing units.Established in 2007 at Lalganj in Raebareli district, MCF was built at a cost of Rs 31.92 billion with an initial annual production capacity of 1,000 coaches. The factor..

Infrastructure Transport

18 Dec 2025

RailTel wins Rs 260.88 million IT infrastructure order from VOC Port

Navratna public sector undertaking RailTel Corporation of India has secured an IT infrastructure order worth Rs 260.88 million from V.O. Chidambaranar Port Authority (VOC Port), strengthening its presence in port-led digital transformation projects.According to an exchange filing dated December 16, 2025, RailTel has received a Letter of Acceptance (LoA) from VOC Port Authority for the implementation of advanced IT infrastructure at the port. The project is domestic in nature and is scheduled to be completed by August 15, 2026.The company said the order has been awarded in the normal course of ..