
CCI approves acquisition of commercial assets by Nexus Select Trust

Centre Sets National Standards For Renewable Power Use
The Central Government, in consultation with the Bureau of Energy Efficiency (BEE), has issued a new notification establishing minimum renewable energy consumption standards for designated power users across India. This framework replaces the 2023 notification and aims to accelerate the adoption of green electricity among consumers nationwide.Titled the Renewable Consumption Obligation (RCO), the regulation mandates that designated consumers — including electricity distribution licensees, open access consumers, and captive power users — must ensure a specified share of their total electric..

Tata Power Signs Rs 12 Billion PPA For 80 MW Green Project
Tata Power Company announced that its renewable arm, Tata Power Renewable Energy Limited (TPREL), has signed a Power Purchase Agreement (PPA) with Tata Power Mumbai Distribution for an 80 MW Firm and Dispatchable Renewable Energy (FDRE) project.The Rs 12 billion project will combine solar, wind, and battery storage systems to provide reliable renewable power during peak demand periods, strengthening grid stability and meeting the growing energy needs of Mumbai.Scheduled for completion within 24 months, the facility is expected to generate around 315 million units (MUs) of clean electricity ann..

KP Group Partners With South Korea On Green Hydrogen
KP Group has announced a strategic international partnership with South Korea’s Jeonbuk Province to strengthen cooperation in the green hydrogen sector. The agreement, signed on Tuesday, aims to advance the global clean energy ecosystem through technology collaboration and project development.According to a company filing, KP Group, through its subsidiaries KPI Green Hydrogen and Ammonia, signed a Memorandum of Understanding (MoU) with Jeonbuk Special Self-Governing Province, GH2 Solar Ltd, and AHES Co Ltd.“This collaboration marks a pivotal step in deepening international cooperation for ..