
Chennai Lags Behind in Air Quality Progress Under NCAP

Morena Solar-Plus-Storage Project Hits Record Rs 2.70 Tariff
In a major milestone for renewable energy, the state’s first solar-plus-storage project in Morena has achieved a record-low tariff of Rs 2.70 per unit. This marks the first project in India to deliver firm and dispatchable renewable energy (FDRE) at under Rs 3 per unit.The project guarantees 95 per cent annual availability, a significant leap from previous projects that typically ensured only 50 per cent peak-hour supply and 85 per cent annual availability. By ensuring 95 per cent supply during peak hours, the Morena project sets a new benchmark for reliability in renewable energy.The Morena..

Waaree Energies Buys 76% Stake in Racemosa for Rs 530 Million
Waaree Energies, a leading solar photovoltaic module manufacturer, has acquired a 76 per cent stake in Racemosa Energy India for Rs 530 million. The company announced in an exchange filing that its board of directors approved the deal at a meeting on 18 September.Founded in 2018, Racemosa Energy India is a Maharashtra-based producer of smart electric meters. Waaree Energies stated that the acquisition aims to integrate smart meters into its portfolio, enhancing its presence across the energy value chain. Following the deal, Racemosa Energy India will become a step-down subsidiary of Waaree Ene..

NTPC Green Adds 100 MW to IRPL’s Renewable Capacity
NTPC Green Energy has announced the commencement of commercial operations of 100 megawatts (MW) at the 500 MW plant operated by IRCON Renewable Power Limited (IRPL). With this expansion, IRPL’s total operational capacity has increased to 400 MW.IRPL is structured as a joint venture, with Ayana Renewable Power Private Limited holding a 24 per cent stake. Ayana is a wholly-owned subsidiary of ONGC NTPC Green Private Limited, which itself is a 50 per cent joint venture of NTPC Green Energy.Following the latest capacity addition, the total installed capacity of the NTPC Green Energy Limited (NGE..