Sunday, October 25

Renewables

India’s Record $125 Billion Infrastructure and Green Energy Synergy
Renewables

India’s Record $125 Billion Infrastructure and Green Energy Synergy

India has earmarked ₹11.2 trillion ($125 billion) for infrastructure spending in FY 2025–26, with a sharp focus on green energy, transmission capacity, and smart grids. The allocation, the same as last year’s, reflects continuity in public investment aimed at catalysing private capital. “This is the decade of infrastructure, and clean energy is at its core,” finance minister Nirmala Sitharaman said while presenting the budget. The outlay blends investments across energy, transport, and defense. Crucially, it ties into a broader ₹67.42 trillion ($800 billion) pipeline of projects in green hydrogen, clean manufacturing, and semiconductors—signalling India’s intent to become a hub for sustainable industrial ecosystems. Policy reforms—such as streamlined land acquisition, faster envir...
Renewable energy firms prepare ₹25,000 crore IPO wave
Renewables

Renewable energy firms prepare ₹25,000 crore IPO wave

India’s renewable energy companies are preparing initial public offerings worth more than ₹25,000 crore. INOX Clean Energy will lead with a ₹6,000 crore issue, the country’s largest renewable IPO to date. Hero Future Energies, backed by KKR, is targeting ₹5,000 crore. Emmvee Photovoltaic and Juniper Green Energy are each seeking about ₹3,000 crore. The push follows $11.8bn of renewable investment in the first half of 2025, the second-highest six-month inflow on record. The government’s ₹20 lakh crore clean energy plan by 2030 has increased demand for equity financing, which typically covers 20 per cent of project costs. Domestic content rules for solar contracts came into effect this month, supporting local manufacturers. Avaada Group has secured 14 GW of power purchase agreements...
AI Revolution in Clean Energy Grid Planning
Renewables

AI Revolution in Clean Energy Grid Planning

Artificial intelligence is reshaping renewable energy economics, with India joining global peers in deploying AI-backed forecasting, trading, and grid management tools. “AI is emerging as the secret weapon to unlock higher penetration of renewables,” said Rahul Tongia, senior fellow at the Centre for Social and Economic Progress. “Forecasting accuracy is improving by over 30 per cent compared to traditional models.” AI-powered systems allow developers and grid operators to predict fluctuations in solar and wind generation with real-time precision, reducing curtailments and stabilising revenues. Utilities are also embracing AI-driven digital twins to simulate grid performance, cutting planning cycles by nearly half. For investors, the technology offers higher certainty of returns b...
BPCL’s $1.19 Billion Green Energy Pivot
Renewables

BPCL’s $1.19 Billion Green Energy Pivot

State-run Bharat Petroleum Corporation Ltd (BPCL) is investing ₹10,029 crore ($1.19 billion) to build a 2 GW renewables portfolio by 2025, scaling to 10 GW by 2035, alongside a network of 7,000 electric vehicle chargers nationwide. The pivot marks one of the most ambitious green transitions by a traditional oil refiner. “Energy security in India is about diversification,” said G. Krishnakumar, BPCL chairman and managing director. “We are aligning our capital expenditure with India’s clean energy ambitions.” BPCL’s strategy builds on India’s broader $109.5 billion power infrastructure expansion, weaving renewables into existing refining and distribution assets. The company is repositioning itself as a dual-energy provider—supplying both clean fuels and digital energy services. To f...
Solar Energy’s Dominance in India’s $11.8 Billion Clean Power Boom
Renewables

Solar Energy’s Dominance in India’s $11.8 Billion Clean Power Boom

India attracted $11.8 billion in renewable energy investments in the first half of 2025, according to the Institute for Energy Economics and Financial Analysis (IEEFA). The figure is the second-highest half-year inflow on record, underscoring the country’s accelerating pivot to clean power. Solar energy alone captured 77 per cent of the inflows, a reflection of its scale and the steady returns promised by government auctions. “Solar has emerged as the lowest-cost and most bankable option for India’s energy transition,” said Vibhuti Garg, South Asia Director at IEEFA. “Investor appetite is strong because policy and revenue frameworks are increasingly predictable.” The government awarded 59 GW of renewable capacity in 2024, much of it solar, and plans to double capacity by 2030. Utilit...
Weekly Energy Brief : September 1- September 7
Environmental Accountability, Geopolitics, News Update, Oil & Gas Industry, Renewables

Weekly Energy Brief : September 1- September 7

EXECUTIVE SUMMARY India’s energy system showed resilience amid geopolitical stress. The U.S. 50% tariff shock was offset by Russia’s ~$7/bbl discount, sustaining flows through a ~6 mb/d shadow market while the Indian crude basket hovered near $70.71/bbl; pump prices in Delhi stayed broadly steady. Policy tailwinds accelerated the transition: ALMM List-II became mandatory for solar tenders, and a forthcoming GST reset cuts rates on renewable components to 5% while lifting coal/lignite to 18%, sharpening clean-power economics. Renewables reached 237 GW, with H1-2025 clean generation at ~236 TWh (+20% y/y); domestic module capacity now exceeds 100 GW. Corporates advanced green hydrogen, storage, and ammonia projects, as regulators tightened ESG: SEBI’s value-chain reporting is voluntary in ...
Reliance bets big on green hydrogen with new Gujarat complex
Renewables

Reliance bets big on green hydrogen with new Gujarat complex

Reliance Industries is moving ahead with construction of a green hydrogen complex in Jamnagar, Gujarat, positioning itself at the centre of India’s nascent hydrogen economy. The $10bn project, announced by chairman Mukesh Ambani, will anchor Reliance’s broader push into renewable fuels. It will integrate solar and wind capacity with electrolyser technology to produce green hydrogen at scale, with first output targeted for 2027. India has set a goal of producing 5m tonnes of green hydrogen annually by 2030 as part of its clean energy transition. Reliance intends to supply both domestic industry and export markets in Europe and Asia, where demand is growing under net-zero mandates. The Jamnagar complex will also manufacture electrolysers and advanced fuel cells. Reliance executives ...
The Great Capital Rush: ₹25,000 Crore IPO Wave Signals Market Maturation
Corporate Watch, Renewables

The Great Capital Rush: ₹25,000 Crore IPO Wave Signals Market Maturation

India’s renewable sector is entering a capital markets revolution, with companies preparing to raise ₹25,000 crore through IPOs, the largest in its history. This marks a structural shift from project-by-project financing to corporate-level capitalisation, a transition directly aligned with government ambitions under Atmanirbhar Bharat and the PLI scheme for solar manufacturing. Emmvee Photovoltaic Power and Juniper Green Energy will each target ₹3,000 crore, while INOX Clean Energy’s proposed ₹6,000 crore IPO—currently under SEBI review—could become one of India’s biggest renewable listings. Proceeds are earmarked for debt reduction, advanced manufacturing capacity, and hybrid project development. By encouraging public participation, these IPOs democratise the clean energy transition...
Western States Dominating
Renewables

Western States Dominating

By Pallab Bhattacharya  Newscript, August 16, 2025 India’s renewable map is being reshaped by its western states. Rajasthan, with 37.4 GW installed capacity, and Gujarat, with 35.5 GW, have emerged as the epicentres of India’s green build out. Tamil Nadu, with its wind-solar mix, continues to anchor the south. Favourable land policies, high solar irradiance, and proactive state governments have made Rajasthan and Gujarat magnets for corporate investment. Developers from Adani to InSolare are funnelling capital into these hubs, supported by new transmission corridors that link projects to demand centres. The concentration of capacity raises questions of geographic balance, with eastern states lagging far behind. Analysts warn this could exacerbate regional disparities unless...
Coal India powers up ₹25,000cr renewable empire
News Bulletin, Newsletter, Renewables

Coal India powers up ₹25,000cr renewable empire

Executive Summary Coal India commits ₹25,000 crore ($3bn) to develop 4.5GW renewable capacity Partnership with AM Green for renewable ammonia production facilities Targeting 2,500-3,000 MW solar and 1,500-2,000 MW wind projects Strategy aims to future-proof 229,000-strong workforce MoU signed 7 May 2025, marking radical departure from fossil fuels   At a windswept site in Rajasthan’s Thar desert, where Coal India once prospected for lignite deposits, engineers now measure wind speeds and solar irradiation levels. The scene captures the magnitude of change at the world’s largest coal producer. Coal India Limited has committed ₹25,000 crore ($3bn) to develop 4.5GW of renewable capacity, marking the state-owned miner’s most radical departure from its fossil...
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