India’s Wind Energy Breakthrough: 6.05 GW Added, Capacity Tops 56 GW

India has achieved a record-breaking milestone by adding 6.05 GW of wind power capacity in FY 2025–26, the highest-ever annual addition, pushing cumulative installed wind capacity beyond 56 GW. This marks a 46% jump over FY 2024–25 and signals renewed momentum in India’s clean energy transition. 

The record addition significantly strengthens India’s renewable energy portfolio and contributes towards achieving the national target of 500 GW of non-fossil fuel-based energy capacity by 2030.

Key Highlights of the Achievement

• Annual Addition: 6.05 GW in FY 2025–26, surpassing the previous peak of 5.5 GW in FY 2016–17.
• Growth Rate: Nearly 46% higher than FY 2024–25.
• Cumulative Capacity: India’s installed wind power capacity now exceeds 56 GW.
• Leading States: Gujarat, Karnataka, and Maharashtra contributed the most, driven by wind-solar hybrid projects and green energy open access.

Policy Drivers Behind the Surge

• Concessional Customs Duty: Reduced import duties on turbine components and raw materials.
• Waiver of ISTS Charges: Graded waiver of Inter-State Transmission System (ISTS) charges until June 2028, lowering costs for developers.
• Competitive Bidding: Transparent tariff discovery mechanisms have improved investor confidence.
• Wind Renewable Consumption Obligation (RCO): A framework requiring distribution companies to source a minimum share of electricity from wind, strengthening demand.
• National Institute of Wind Energy (NIWE): Provides technical support, resource assessment, and R&D infrastructure to accelerate deployment.

Why This Matters

• Energy Security: Wind power strengthens India’s renewable portfolio, reducing dependence on fossil fuels.
• Climate Commitments: Supports India’s target of 500 GW non-fossil fuel capacity by 2030, aligned with its Paris Agreement commitments.
• Global Standing: India remains among the top wind energy markets worldwide, with a robust ecosystem built since the early 1990s.

Explaining Key Terms

• ISTS (Inter-State Transmission System): National grid infrastructure that allows electricity generated in one state to be transmitted to another. Waivers reduce costs for renewable developers.
• RCO (Renewable Consumption Obligation): A mandate requiring electricity distribution companies to purchase a fixed percentage of their supply from renewable sources, ensuring demand stability.
• NIWE (National Institute of Wind Energy): A government R&D body under MNRE, headquartered in Chennai, responsible for wind resource assessment, certification, and technical support for projects.

Outlook

India’s record wind capacity addition in FY 2025–26 reflects policy clarity, transmission readiness, and project pipeline maturity. With hybrid projects and open access frameworks expanding, the sector is poised for sustained growth. This achievement not only strengthens India’s renewable energy mix but also demonstrates its seriousness in meeting climate goals and leading global clean energy markets.

ReNew Secures $95M LeapFrog-Led Investment to Boost C&I Clean Energy

ReNew Energy Global Plc has secured a major $95 million equity investment led by LeapFrog Investments, with co-investors Emerging Market Climate Action Fund (EMCAF) and Carlyle AlpInvest. The funds will be used to expand ReNew’s fast-growing Commercial & Industrial (C&I) renewable energy platform in India.

Key Highlights of the Investment

• Total Investment: $95 million (~₹878 crore)
• Lead Investor: LeapFrog Investments, contributing $50 million
• Co-Investors: EMCAF and Carlyle AlpInvest
• Date Announced: March 16, 2026
• Purpose: Expansion of ReNew Green Energy Solutions’ C&I renewable energy portfolio

ReNew Green Energy Solutions (C&I Platform)

• Portfolio Size: Over 2–2.5 GW of commissioned capacity across multiple Indian states
• Corporate Clients: Long-term agreements with Microsoft, Amazon, Google
• Market Position: One of India’s largest clean energy portfolios for corporate customers
• Focus: Decarbonization solutions tailored for commercial and industrial clients
  

ReNew’s Previous Fundraises

ReNew Energy has raised significant capital through multiple fundraises over the years, including equity rounds from global investors and large-scale green bond issuances. ReNew's earlier fundraises include billion‑dollar equity commitments and landmark bond deals.

Equity Funding

• Total Equity Raised: ~$1.64 billion since inception
• Key Investors: CPP Investments, Goldman Sachs, Abu Dhabi Investment Authority (ADIA)
• Use of Funds: Scaling utility-scale wind, solar, and hybrid projects across India

Debt & Bond Issuances

• April 2023 – $400 Million Green Bonds: Raised via subsidiary Diamond II, with strong investor interest from US, Europe, and Asia
• Purpose: Refinancing dollar-denominated debt and supporting growth initiatives
• Significance: First high-yield issuance out of India in over a year

Snapshot Table of Fundraises

Year	Amount	Type	Investors/Details	Purpose
2026	$95M	Equity	LeapFrog, EMCAF, Carlyle AlpInvest	Expand C&I renewable platform
2023	$400M	Green Bonds	Diamond II subsidiary issuance	Debt refinancing & growth
2011–2022	$1.64B	Equity	CPP Investments, Goldman Sachs, ADIA	Utility-scale wind & solar expansion

Sumant Sinha, Founder, Chairman & CEO, ReNew said, “The C&I industry will be central to India’s decarbonisation journey, and with investors like LeapFrog, we can deepen our ability to provide reliable, cost‑competitive renewable power to leading businesses across sectors. This partnership helps us scale solutions that reduce emissions, strengthen energy security, and support India’s industrial growth in a way that is both sustainable and inclusive.”

Nakul Zaveri, Global Co-Lead for Climate Investment Strategy, LeapFrog Investments said, “This investment exemplifies LeapFrog’s climate strategy of backing high-growth, scalable businesses that enable emerging markets to leapfrog to cleaner, more resilient energy systems. ReNew Green addresses a clear and rapidly-growing demand for reliable renewable energy solutions among commercial and industrial customers, underpinned by structural tailwinds and a sustained green discount compared to grid tariffs. We believe this platform can deliver strong commercial performance while driving meaningful emissions reduction and job creation at scale.”

Tata Power Deploys Salesforce Agentforce to Revolutionize Renewable Energy Operations

Tata Power, one of India’s largest vertically integrated power companies, today announced its collaboration with Salesforce, the world’s #1 AI CRM*, to digitally transform its rapidly expanding rooftop solar (RTS), EV charging, and smart home solutions businesses. The collaboration reinforces Tata Power’s long-term clean energy roadmap aligned with India’s net-zero ambitions by establishing a secure, intelligent, and fully integrated clean energy ecosystem powered by AI, automation, and data-driven insights. The platform will enable scalable growth, deeper partner and customer engagement, and operational excellence across the renewable energy value chain.

As part of this transformation, Tata Power has deployed Agentforce Sales, Agentforce Service, and Agentforce Marketing across its renewable energy subsidiary, Tata Power Renewable Energy Limited (TPREL). The Salesforce platform powers intelligent, AI-enabled workflows that enhance visibility, accelerate decision-making, and create seamless omnichannel experiences—driving efficiency, agility, and service leadership at scale.

Agentforce Sales and Agentforce Service form the foundation of Tata Power’s best-in-class omnichannel engagement model. Salesforce serves as a strategic digital backbone for Tata Power’s high-growth renewable energy businesses. The platform enables end-to-end digitisation of partners and customer journeys, delivering streamlined lead management, inventory visibility, process automation, and real-time performance tracking. This ensures enhanced transparency, operational efficiency, and a superior customer experience across touchpoints.

Additionally, Tata Power has developed a proprietary deep learning and agentic intelligence layer built on top of Salesforce to enable a zero-touch quality and safety validation process. This digital capability facilitates instant on-site verification and automated warranty generation, reinforcing Tata Power’s commitment to quality assurance and delivery excellence under its Solaroof offerings.

Driven by strong policy momentum under the Pradhan Mantri Surya Ghar Yojana, Tata Power’s residential rooftop solar segment has delivered over 200% growth across the past two financial years. Overall, the Company’s solar portfolio has achieved a fivefold increase in revenues between FY2020 and FY2025, reflecting accelerated market adoption, digital-led execution excellence, and expanding customer trust across segments.

Looking ahead, Tata Power and Salesforce will collaborate to co-innovate high-impact, agentic AI-led workflows designed to transform omnichannel customer and partner contact centre operations - driving faster resolution, proactive service, and predictive engagement.

Dr Praveer Sinha, CEO and MD Tata Power said, “Tata Power is leading India’s green energy transition by scaling rooftop solar nationwide, expanding EV charging infrastructure, and advancing intelligent energy management solutions. As we accelerate this growth, digital capability is a critical enabler of scale, speed, and customer trust. Leveraging Salesforce’s AI-powered platform, we are transforming customer and partner journeys with greater transparency and agility, while strengthening operational excellence. Together, we are building a future-ready clean energy ecosystem that advances India’s net-zero ambitions.”

Arundhati Bhattacharya, President & CEO at Salesforce - South Asia, said, "The path to a sustainable future is being paved by visionary enterprises that are embedding intelligence, agility, and customer-centricity into the core of their operations. Tata Power’s digital-first approach to accelerating India’s green energy mission exemplifies how technology can be a powerful catalyst for national transformation. At Salesforce, we are proud to partner with Tata Power in building a future-ready energy ecosystem—one that harnesses the power of data, AI, and automation to drive scalable impact, inclusive growth, and long-term climate resilience.”

GAIL to Invest Rs 17.36 Bn for a Wind Project in Maharashtra

GAIL (India) Limited has announced an investment of ₹17.36 billion (₹1,736 crore) to establish a 178.2 MW wind power project in Maharashtra, marking a significant step in its renewable energy expansion strategy. This initiative aligns with GAIL’s broader ambition to achieve net zero carbon emissions by 2035, diversifying beyond its traditional natural gas operations into clean energy.

Strategic Importance

• Scale & Impact: The project will add substantial capacity to India’s wind energy portfolio, supporting grid stability and clean power supply in Maharashtra.
• Diversification: GAIL is steadily building a renewable portfolio, which now includes both wind and solar projects totaling nearly 296 MW.
• Climate Goals: The investment reinforces India’s national target of achieving 500 GW of renewable capacity by 2030, while advancing GAIL’s own decarbonization roadmap.

Industry Context

India’s state-owned energy enterprises are increasingly pivoting toward renewables, but their strategies differ in scale and approach:

Company	Investment	Capacity/Asset	Location/Scope	Strategic Significance
GAIL	₹17.36 billion	178.2 MW wind	Maharashtra	Expands portfolio to ~296 MW (including solar), supports net-zero 2035 target
ONGC–NTPC JV (ONGPL)	₹195 billion (~$2.3B)	4.1 GW (Ayana Renewable Power acquisition)	Multi-state portfolio	Major leap into utility-scale renewables, diversifies beyond hydrocarbons
NTPC Green Energy	~5.9 GW (post-Ayana acquisition)	Mix of solar, wind, hybrid	Pan-India	India’s largest renewable PSU portfolio, central to national energy transition

Key Takeaways

• Scale difference: GAIL’s project is significant but modest compared to NTPC and ONGC’s multi-gigawatt acquisitions.
• Strategic intent: GAIL is pursuing organic growth through new projects, while ONGC and NTPC are scaling rapidly via acquisitions.
• Portfolio positioning: GAIL remains primarily a gas utility diversifying into renewables, whereas NTPC is transforming into a dominant renewable power producer.

The Bigger Picture

Together, these moves highlight how India’s state-owned energy giants are aligning with the country’s energy transition goals. While NTPC and ONGC are racing ahead with large-scale acquisitions, GAIL’s steady project-based expansion reflects a more measured but consistent commitment to clean energy.

Adani to Build India’s Longest Wind Blade, Stretching a Football Field

Adani New Industries Limited (ANIL), the renewable manufacturing arm of the Adani Group, has officially announced that it will produce India’s longest onshore wind turbine blades measuring 91.2 metres at its Mundra facility in Gujarat.

For an uninitiated, longer blades sweep a larger area, capturing more wind energy per rotation. They enable turbines to generate more electricity even when wind speeds are modest. These blades are designed for advanced turbine models that can deliver higher capacity and reliability.

ANIL is not just chasing records — it’s strategically enabling turbines to produce more power at sites where wind conditions aren’t always optimal, making renewable energy more viable across India.

Great news.....
Adani Arm manufactures India's longest 91.2metre wind turbine blades at Mundra.

Adani New Industries Limited (ANIL), the renewable manufacturing arm of the Adani Group, is set to manufacture India’s longest onshore wind turbine blades a massive 91.2 metres at its… pic.twitter.com/X95PrgrSrC

— 𝐌𝐚𝐧𝐨𝐣 𝐊𝐮𝐦𝐚𝐫 (@XGuruManoj) February 28, 2026

Key Highlights

• Blade Size: 91.2 metres — nearly the length of a football field.
• Facility: Mundra, Gujarat, which already manufactures 78.6m and 80.5m blades.
• Purpose: Designed for next-generation turbines to maximize energy output, especially in low- and medium-wind regions.
• Significance: Represents a major leap in design complexity, materials engineering, and manufacturing capability.
• Ecosystem: Mundra is evolving into a multi-technology renewable hub, housing wind turbine, solar module, and component manufacturing in one integrated ecosystem.

This announcement positions Adani as a key player in India’s renewable energy self-reliance push, with the new blades expected to enhance efficiency and reduce costs in wind power generation.

Currently, the largest wind turbine blades in the world measure 153 metres (502 feet). These ultra‑long blades were developed by Dongfang Electric Corporation in China for its 26 MW offshore wind turbine, which is considered the most powerful turbine globally. 

For comparison, Adani’s upcoming 91.2m blades are record‑breaking for India’s onshore segment, but globally, offshore blades are significantly larger due to fewer transport constraints and higher wind capture potential.  

Tata Power Commissions 400 kV Koteshwar–Rishikesh Line, Boosting North India’s Renewable Energy Corridor

Representative Image

• Benefiting 6 Northern States and 3 UTs, project’s on-time commissioning reflects Company’s excellence in precision-driven execution

In a major enhancement to India’s northern power corridor, Tata Power today announced the commissioning of the 400 kV Koteshwar–Rishikesh transmission line, a critical link that will enable the evacuation of 1,000 MW of hydropower from the Tehri–Koteshwar generation complex in Uttarakhand to multiple northern states and Union Territories.

The project was executed under NRSS XXXVI Transmission Ltd., acquired by Resurgent Power Ventures Pvt. Ltd.- a joint venture promoted by Tata Power, ICICI Bank Limited and global investors.

The new line will channel clean, renewable energy not only to Uttarakhand but also to Haryana, Punjab, Uttar Pradesh, Jammu & Kashmir, Himachal Pradesh, Chandigarh, Rajasthan, and Delhi significantly strengthening regional energy security and grid reliability.

Constructed across some of the most challenging Himalayan terrain in New Tehri and Dehradun districts, the transmission line climbs to altitudes exceeding 1,816 meters above sea level. The project demanded extraordinary engineering ingenuity, from transporting materials through head-loading in remote mountainous regions to adhering to strict environmental norms while operating in forested zones.

Despite the logistical and geographical hurdles, more than 500 skilled personnel completed the project’s physical work within a single year (November 2024 to December 2025), following land clearance for 103 hectares. The successful, on-time commissioning of the project demonstrates Tata Power’s strong capabilities in safety, high-precision execution and sustainable infrastructure development.

This line represents the third major commissioning milestone under the NRSS XXXVI project. Earlier elements include the 400 kV LILO Sikar–Neemrana Double Circuit line (3.1 circuit km) and the 400 kV LILO Babai–Bhiwani Double Circuit line (222 circuit km).

With its addition, Tata Power now has 7,083 circuit km of transmission lines operational / under execution across India, further reinforcing its role in fortifying the nation’s electricity transmission backbone.

Adani Green Adopts TNFD Framework to Boost Sustainability and Biodiversity Goals

Adani Green Energy Ltd (AGEL) has formally announced that it is integrated the Taskforce on Nature-related Financial Disclosures (TNFD) framework into its core sustainability strategy, marking a shift toward nature-positive renewable energy development.This move positions AGEL as one of the first Indian renewable companies to embed biodiversity and ecological risk management into enterprise-wide planning.

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What this means

• TNFD framework: A global, science-led initiative that helps companies identify, assess, manage, and disclose nature-related risks and opportunities.
• AGEL’s adoption: Starting FY24, AGEL began company-wide assessments to map dependencies, impacts, risks, and opportunities across all operational sites (over 16.5 GW renewable portfolio across 12 states in India).
• Strategic shift: Moves beyond traditional ESG compliance toward a nature-positive model, ensuring ecological wellbeing is integrated with clean energy expansion.

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Key commitments

• No net loss of biodiversity by 2030: AGEL has pledged to achieve this target, aligning with global conservation priorities.
• Tree plantation drive: Plans to plant 27.86 million trees as part of its ecological stewardship agenda.
• TNFD Adopters Group: AGEL joined even before formal adoption, signaling intent to embed nature-related insights into strategic planning.
• Leadership in renewables: Strengthens AGEL’s position among global renewable companies integrating biodiversity into decision-making.

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Why it matters

• For investors: Enhances transparency on ecological risks, aligning with global disclosure standards.
• For India’s climate goals: Supports renewable energy expansion while safeguarding biodiversity.
• For communities: Ensures renewable projects consider local ecosystems, reducing conflict and enhancing sustainability.

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Risks and challenges

• Implementation complexity: Mapping biodiversity impacts across 16.5 GW of assets is resource-intensive.
• Verification and accountability: Achieving “No Net Loss” requires robust monitoring and third-party validation.
• Balancing growth versus ecology: Rapid renewable expansion must avoid unintended ecological trade-offs.

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Takeaway

Adani Green’s integration of TNFD guidance is not just compliance—it’s a strategic pivot toward nature-positive growth. By embedding biodiversity into its sustainability strategy, AGEL is signaling that renewable energy expansion must go hand-in-hand with ecological stewardship.

India Adds 6.1 GW Solar Open Access in 9M 2025, Driving Record Growth

India added about 6.1 GW of solar open access capacity in the first nine months of 2025, which represented roughly 28.3% of total large-scale solar additions during that period.

Key highlights of India’s solar growth in 9M 2025

• Total solar capacity added: 26.6 GW (Jan–Sep 2025), a 53.7% YoY increase from 17.3 GW in 2024.
• Large-scale vs rooftop split:
  • Large-scale projects: 81.5% of additions.
  • Rooftop solar: 18.5%.
• Open access contribution: Within large-scale projects, 28.3% came from open access, translating to ~6.1 GW capacity.
• Regional leaders: Rajasthan, Maharashtra, and Gujarat together contributed 76% of Q3 2025 capacity.
• Cumulative installed solar capacity: By September 2025, India’s total solar installations reached 125.5 GW.

Why open access solar is growing

• C&I demand: Commercial and industrial consumers procure renewable power outside DISCOMs via open access.
• ISTS waiver deadline: Commissioning rush before transmission cost exemptions expired.
• ALMM-II compliance window: Accelerated installations ahead of stricter rules.
• Corporate sustainability: Rising commitments drove direct renewable procurement.

Challenges ahead

• Grid congestion & curtailment: Transmission bottlenecks hinder smooth integration.
• Supply chain dependence: Limited domestic ingot–wafer capacity increases exposure to price volatility.
• Policy uncertainty: Upcoming ALMM List-II rules may raise costs and slow commissioning.

Strategic implications

• For businesses: Open access solar helps reduce energy costs and meet ESG targets.
• For policymakers: Strengthen transmission and domestic manufacturing to sustain momentum.
• For investors: Strong corporate demand with risks from supply chains and regulation.

India’s solar sector in 2025 is not just expanding — it’s diversifying, with open access emerging as a powerful driver of industrial decarbonization.

Serentica Renewables to Develop 170 MW Hybrid Project to Supply Captive Power to MRF Ltd

Serentica Renewables, a leading renewable energy provider in India, has signed a long-term Power Purchase Agreement (PPA) with MRF Limited, India's largest tyre manufacturer, to supply clean power under the captive power framework. A SPV was created specifically to supply RE power to MRF in which MRF has picked captive minority stake and the rest is held by Serentica.

The clean energy will be supplied from a new hybrid renewable energy project with a total installed capacity of around 170 MW, currently under development by Serentica Renewables. The project will integrate both solar and wind generation to deliver round-the-clock renewable energy for MRF’s manufacturing facilities across India through the ISTS (Inter-State Transmission System) network.

This agreement helps in expanding company’s renewable energy solutions for a large industrial clients seeking flexible and reliable clean power. The captive arrangement will allow MRF to meet its substantial electricity requirements, supporting its ongoing sustainability and net-zero ambitions.

Commenting on the partnership, Akshay Hiranandani, CEO, Serentica Renewables, said, “Our partnership with MRF marks another major step in enabling India’s industrial decarbonization journey. By combining renewable energy with cutting-edge storage and hybrid solutions, we are delivering clean and reliable power to help leading industries like MRF transition to a sustainable future.”

This partnership further reinforces Serentica’s commitment to accelerating clean energy adoption in India’s industrial and manufacturing sectors, complementing its growing portfolio of renewable energy projects across the country.

About Serentica Renewables

Established in 2022, Serentica Renewables is a leading renewable independent power producer (IPP) committed to decarbonizing hard-to-abate industries by providing firm dispatchable renewable energy (FDRE) solutions. With a vision to make renewables the primary energy source across India's energy landscape, Serentica is driving large-scale decarbonization & contributing to the nation’s broader goals, including through government tenders.

The company has achieved a significant milestone by reaching 1,000 MW of renewable energy capacity, with ongoing projects across multiple states, leveraging a mix of solar, wind, energy storage, and advanced balancing solutions. Serentica’s innovative approach ensures reliable and cost-effective green power for its growing customer base, which includes some of India's largest energy-intensive industries. Backed by a $650 million investment from KKR, Serentica aims to supply over 50 billion units of clean energy annually, enabling the displacement of 47 million tons of CO2 emissions. With a strong pipeline of projects under development, the company is at the forefront of India’s energy transition, deploying cutting-edge technology and innovative contractual structures to accelerate the shift to sustainable power.

IGRPL, An IndianOil-GPS JV, Raises ₹836 Cr in Landmark CBG Financing Deal

IOC GPS Renewables Private Limited (IGRPL), a joint venture between IndianOil Corporation Ltd. (IndianOil) and GPS Renewables, focused on advancing India’s biofuels sector, has raised INR 836 crore (approximately USD 95 million) in debt financing from Indian Bank for the execution of 9 Compressed Biogas Projects across the country. The facility agreements were executed on 30th September in New Delhi between Indian Bank and IGRPL, represented by its CEO, Devendra Singh Sehgal, and CFO, Punit Jain.

This funding is the largest single-bank debt raise in the Compressed Biogas sector (CBG) (also referred to as Renewable Natural Gas or RNG). This is also the first case of a fully non-recourse debt raise in this sector.

The funds will be used towards development of CBG plants across India, with 4 projects in Haryana, 3 in Uttar Pradesh, 1 in Chhattisgarh and 1 in Andhra Pradesh. Each plant has a capacity to produce 15 tonnes of CBG per day and will use paddy straw as the primary feedstock. All 9 plants are expected to be completed and commissioned in 2026.

Commenting on the fundraise, Devendra Singh Sehgal, CEO, IGRPL (IOC and GPS Renewables Private Limited), said, “IGRPL was formed with an aim to scale India’s biogas infrastructure and drive wider adoption. This funding gives us the momentum to accelerate that mission. This is the first time that an OMC Joint Venture has secured a sanctioned loan for CBG projects without any corporate collateral, indicating IOCL’s strong credibility and the sector’s massive potential. This not only builds confidence among stakeholders but also encourages more large-scale investments in India’s clean energy sector”

Deepak Agarwal, MD, of GPSR ARYA (GPS Renewables’ asset platform), said, “Securing the largest single-bank funding in the CBG sector underscores the scale of the opportunity that exists. As the country makes significant strides towards a clean energy transition, our vision is to drive biofuel production and position India as a leading producer of renewable energy. This fundraise is a pivotal step in IGRPL’s journey as it enables us to execute our ambitious plan of building a nationwide network of CBG plants to significantly reduce our dependence on fossil fuels and lower greenhouse gas emissions.”

About IGRPL

IGRPL is a 50:50 Joint Venture by IndianOil and GPS Renewables Arya established in 2024. The joint venture will focus on integrating advanced biogas technologies to convert organic waste into Compressed Biogas (CBG), a cleaner and renewable energy source. This will significantly reduce greenhouse gas emissions while providing a sustainable alternative to traditional fossil fuels. By leveraging their combined expertise, IndianOil and GPS Renewables aim to accelerate the deployment of CBG plants nationwide. These initiatives complement IndianOil’s long-term low-carbon development strategy and to achieve operational net zero by 2046, which will also help achieve net-zero target by 2070 for our Country. CBG offers numerous benefits to India and the environment. For the country, it promotes energy security by reducing dependence on imported fossil fuels and supports the rural economy by creating local employment opportunities.

About IndianOil

IndianOil, a leader in the global energy sector and ranked 116th on the Fortune Global 500 list, is driving India's transition to cleaner and greener energy with a strong focus on sustainability. The company has set an ambitious target of achieving operational Net-Zero Emissions by 2046, aligning with India's national goal of Net-Zero by 2070. Alongside its green energy focus, IndianOil remains a major player in the oil and gas industry, operating a refining capacity of 70.25 million metric tonnes per annum (MMTPA) and an extensive pipeline network stretching nearly 20,000 kilometers. IndianOil processes over 1.6 million barrels of crude oil daily and operates more than 61,000 customer touchpoints, including 37,500+ fuel stations. The company also serves over 150 million LPG customers and is a leader in the petrochemicals and lubricants segments. At the forefront of hydrogen mobility,biofuels, and electric vehicle infrastructure, IndianOil has installed over 10,028 EV charging stations across India, along with battery swapping services at key locations. As a promoter of the Government's SATAT initiative, IndianOil is advancing Compressed Biogas (CBG) under its "IndiGreen" brand. Additionally, the company has expanded its ethanol initiatives, launching E20 fuel at more than 5,700 outlets and Ethanol 100 fuel at 400 locations. IndianOil’s innovative solar cooktop, ‘Surya Nutan,’ is further proof of its commitment to clean energy, with plans to deploy 350 units in Madhya Pradesh. Beyond its core businesses, IndianOil remains dedicated to environmental sustainability, investing over Rs 457 crore in CSR projects focused on healthcare, education, skill development, and women empowerment. As IndianOil leads the charge towards a greener future, it continues to power the nation’s progress while expanding its presence in international

About GPSR (GPS Renewables) Group

Headquartered in Bengaluru, GPS Renewables (“GPSR”) is a full-stack biofuels firm offering technology and project solutions for climate-positive biofuel projects. Starting from captive biogas plants, GPSR has scaled up to set up some of the world’s largest RNG plants. In 2022, GPS Renewables launched GPSR Arya Pvt Ltd (“ARYA”) a wholly-owned subsidiary, to commission BOO (Build-Own-Operate) projects, augmenting its climate impact ambitions.

GPSR has formed joint ventures with Indian Oil, Bharat Petroleum, and Oil India to build compressed biogas (CBG) plants across India. These plants will process agricultural and organic waste, reduce carbon emissions, and support the government’s SATAT initiative.

Tata Power Signs PPA for 80 MW Dispatchable Renewable Energy Project to Power Mumbai Peak Demand

• Tata Power Renewables signs PPA with Tata Power Mumbai Distribution to Set up 80 MW Firm and Dispatchable Renewable Energy Project
• The project will generate 315 MUs of electricity annually, reducing over 0.25 million tons of CO₂ emissions and strengthening India's clean energy goals. 

Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited and a prominent player in India’s renewable energy sector, has entered into a Power Purchase Agreement (PPA) with Tata Power Mumbai Distribution for a contracted capacity of 80 MW Firm and Dispatchable Renewable Energy (FDRE) project.

A dispatchable renewable energy project refers to a renewable energy system that can reliably deliver electricity on demand, even when the sun isn’t shining or the wind isn’t blowing.

The project will integrate advanced solar, wind and battery storage systems to enable reliable energy dispatch during peak demand, thereby strengthening grid stability.

The project, to be completed within 24 months, is expected to generate approximately 315 million units (MUs) of electricity annually, mitigating over 0.25 million tons of carbon dioxide emissions per year. A key feature of this initiative is the commitment to a 4-hour peak power supply, ensuring at least 90% availability during peak demand hours to support the growing energy needs of Tata Power Mumbai Distribution.

This project will play a pivotal role in helping Tata Power Mumbai Distribution meet its Renewable Purchase Obligation (RPO), as mandated by the State's Regulatory Commission.

Once commissioned, the clean energy generated from this project will be seamlessly integrated into Tata Power’s Mumbai distribution network, enabling the delivery of reliable, low-emission electricity to around 8 lakh customers across residential, commercial, and industrial consumers.

This collaboration reinforces TPREL's position as a trusted leader in India's renewable energy sector. With a steadfast commitment to sustainability and innovation, the company continues to drive forward India's mission of a greener and more resilient energy future.

With this addition, TPREL's total renewable utility capacity is 11.3 GW (PPA capacity is 9.4 GW) including 5.7 GW projects under various stages of implementation and its operational capacity is 5.6 GW, which includes 4.6 GW solar and 1 GW wind. Presently, the company's solar EPC portfolio is more than 15.7 GWp of ground-mount utility-scale and over 3 GW of rooftop and distributed ground-mounted systems. TPREL aims to provide energy access to millions of people across the country via its integrated green energy solutions.

Tata Power–Bank of Baroda Pact Unlocks ₹10 Crore Collateral-Free Loans for Solar Projects up to 10 MW

Tata Power Renewable Energy Limited (TPREL), one of India’s leading renewable energy companies and a subsidiary of The Tata Power Company Limited (Tata Power), has signed a Memorandum of Understanding (MoU) with Bank of Baroda, one of India’s premier public sector banks, to facilitate financing solutions for MSME and Commercial & Industrial (C&I) customers opting for solar energy.

Under this partnership, Bank of Baroda will extend financial assistance to borrowers purchasing solar equipment and projects of up to 10 MW capacity through TPREL or its authorized channel partners. This initiative is designed to help MSME and C&I businesses adopt renewable energy with greater ease, reduce operating costs, and contribute to India’s sustainability goals.

The financing scheme offers several key benefits, which include an attractive rate of interest starting from 7.75%, collateral-free loans of up to ₹10 crore CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises) coverage, flexible repayment tenure of up to 120 months, pan-India financing coverage, reduced margin requirements (starting from 20%), and concessional processing fees.

As of August 2025, TPREL has successfully completed over 2.49 lakh rooftop solar installations, achieving a cumulative capacity exceeding 3.6 GWp. In the C&I segment, TPREL has catered to a diverse set of customers across various sectors viz - Hospitality, Automotive, Aviation, Education, HVAC, Chemical, Steel, Electronics, and Textiles, among others.

This collaboration underscores TPREL’s commitment to accelerating clean energy adoption across industries and highlights Bank of Baroda’s focus on strengthening green financing to support India’s transition towards a low-carbon economy.

It further reinforces TPREL’s position as a leader in India’s renewable energy journey, contributing to the nation’s target of achieving 500 GW of renewable energy capacity by 2030.

PM Modi Inaugurates Sunstream’s 140 MWp Solar Project in Maharashtra; Company Targets 1 GW Renewable Portfolio

Honorable Prime Minister Shri Narendra Modi today inaugurated Sunstream Green Energy’s 140 MWp solar project in Maharashtra, as part of the 2,458 MW of renewable energy projects launched nationwide. The Company also announced its plan to develop a 1-gigawatt (GW) portfolio of operating renewable energy assets within the next 18–24 months. This vision builds on Sunstream’s 500 MW project portfolio with 250 MW operational and 250 MW under execution, underlining its strategy of scaling high-quality assets for India’s clean energy transition.

Sunstream Green Energy was founded by Mr Bhadra Kanaiya in 2019 which is backed by Lighthouse Trust Singapore based, emerging market focussed growth fund, “At Sunstream, our work is centered on powering India’s Utility and C&I sector with reliable distributed renewable energy. Our 140 MWp project in Maharashtra reflects our execution strength, while our long-term focus is on helping large corporates and multinational companies achieve their clean energy and net-zero commitments,” said Kanaiya Bhadra, Founder & CEO, Sunstream Green Energy.

The launch of 2,458 MW of solar projects by Prime Minister Modi marks a major step in India’s journey toward energy independence and net-zero by 2070. With PM-KUSUM the world’s largest distributed renewable energy program and initiatives such as Maharashtra’s Mukhya Mantri Saur Krushi Vahini Yojana (MSKVY), India is building a model that combines clean power growth with economic empowerment.

Sunstream Green Energy’s strategic focus is to be the partner of choice for Corporate & Industrial customers, including listed entities and multinational corporations. By delivering cost-effective and scalable renewable power solutions, the company enables its customers to lower energy costs, enhance competitiveness, and meet global sustainability commitments such as RE100 and net-zero goals. With its growing expertise in hybrid and storage-backed solutions, Sunstream is also enabling corporates to secure reliable round-the-clock clean power for their operations.

Backed by a Lighthouse Trust, Singapore-based fund, Sunstream Green Energy is well-capitalized to expand its footprint. The company is actively developing projects that integrate solar, wind, and energy storage, strengthening its position as a trusted partner for corporates in their net-zero transition.

ACWA Power and L&T Unite for Saudi’s Yanbu Green Hydrogen Megaproject

In a important step toward advancing Saudi Arabia’s clean energy ambitions, Saudi Arabia based ACWA Power and India's Larsen & Toubro (L&T) have signed a Memorandum of Understanding (MoU) to collaborate on the renewables and grid infrastructure for the Yanbu Green Hydrogen Hub, one of the world’s largest green ammonia projects.

ACWA Power is a key player in Saudi Arabia’s Vision 2030, driving large-scale renewable energy projects and green hydrogen initiatives. It often partners with global firms and sovereign entities to deliver sustainable infrastructure at scale.

The agreement was formalized between ACWA Power and L&T’s Renewables arm (RENU), outlining joint development of critical components including solar photovoltaic systems, wind energy installations, battery energy storage systems (BESS), and high-voltage substations and transmission lines.

A Catalyst for Global Decarbonization

The Yanbu Green Hydrogen Hub is designed as a fully integrated facility powered entirely by renewable energy, aligning with Saudi Arabia’s Vision 2030 and its commitment to global climate goals. Once operational, the hub will produce green ammonia for export, supporting international decarbonization efforts.

“This project underscores Saudi Arabia’s leadership in the global energy transition,” said Marco Arcelli, CEO of ACWA Power. “We are proud to partner with L&T to deliver a facility that will help countries meet their net-zero targets.”

T Madhava Das, Whole-Time Director and Senior Executive Vice President at L&T, emphasized the strategic importance of the region: “Saudi Arabia’s competitive renewable energy landscape and its geographic advantage along the India–Middle East–Europe corridor make it a pivotal player in the clean energy economy.”

Next Steps: Toward EPC Execution

Following the MoU, L&T is expected to enter into an Engineering, Procurement, and Construction (EPC) contract, subject to final proposal approvals. The collaboration marks a deepening of ties between Indian and Saudi energy stakeholders, reinforcing regional cooperation in sustainable infrastructure.

Tata Power Renewable Signs 838 MW Wind Turbine Deal with Suzlon to Accelerate India’s Clean Energy Goals

Tata Power Renewable Energy Limited (TPREL), a key player in India’s green energy landscape and a subsidiary of The Tata Power Company Limited (Tata Power), has signed a contract with Suzlon Group (Suzlon) for the supply of wind turbine generators with a combined capacity of 838 MW. These turbines will support TPREL’s various projects across multiple states, scheduled for completion over the next few years.

This partnership reinforces TPREL’s position as a leader in India’s renewable energy transition, playing a vital role in advancing the country’s target of reaching 500 GW of renewable energy capacity by 2030. It also reflects TPREL’s focus on scaling up wind-led clean energy projects that are reliable, dispatchable, and economically viable.

TPREL has a wind energy portfolio exceeding 3.9 GW, with over 1 GW operational and the remainder under various stages of development across Rajasthan, Gujarat, Madhya Pradesh, Maharashtra, Andhra Pradesh, Karnataka, and Tamil Nadu.

Under the agreement, Suzlon - a prominent renewable energy player- will deliver a comprehensive end-to-end solution for these projects, leveraging its extensive expertise in the wind energy domain.

The agreement marks the third strategic collaboration between TPREL and Suzlon, highlighting a strong partnership built over more than a decade.

This initiative supports Tata Power’s overarching goal of achieving 100% clean energy by 2045 and complements its expanding renewable energy portfolio, which currently totals 15.7 GW, with 6.9 GW sourced from clean energy.

Serentica Acquires Norway-based Statkraft’s India Solar Portfolio, Adds 1.4 GWp Toward 2030 Decarbonization Goal

Serentica Renewables, India’s largest decarbonization platform for C&I and utility customers, has signed binding agreements with Norway based Statkraft to acquire their Indian solar business.

Statkraft’s Indian solar business comprises of 445 MWp operational solar plant at Bikaner and 1 GWp of development assets across Rajasthan. The portfolio is strategically located in resource rich states and is currently supplying power on a merchant basis. These assets will be transitioned to serve Serentica’s C&I customers on a round-the-clock basis, thereby offsetting an estimated ~0.6 Mn tonnes of CO2 annually.

The acquisition will grow Serentica’s operating portfolio to 1.5 GW keeping the company on course to achieving its target of 17 GW by 2030. The completion of the transaction is subject to the fulfilment of conditions precedent and necessary regulatory approvals, if any.

Standard Chartered Bank acted as the buy-side transaction advisor along with Khaitan & Co. as the legal advisor. Ernst & Young LLP acted as the exclusive sell-side M&A banker to Statkraft, with Cyril Amarchand Mangaldas acting as the legal advisors.

Commenting on the development, Pratik Agarwal, Chairman, Serentica Renewables, said, “Serentica renewables is committed to the energy transition goals of India, and this acquisition is one more step in furthering that vision. By integrating this asset with wind and storage systems we will be able to provide a faster round-the-clock solution to our largest clients.”

Fernando de Lapuerta, Executive Vice President International, Statkraft, said, “We are very pleased with this transaction. Serentica Renewables is a fast-growing renewable energy company with high ambitions. We are confident that they will continue to operate and develop these assets with competence and commitment, contributing to India’s green energy transition. I am also glad that this offers new opportunities for our competent employees following the transaction.”

About Serentica Renewables

Established in 2022, Serentica Renewables is a leading renewable independent power producer (IPP) committed to decarbonizing hard-to-abate industries by providing firm dispatchable renewable energy (FDRE) solutions. With a vision to make renewables the primary energy source across India’s energy landscape, Serentica is driving large-scale decarbonization & contributing to the nation’s broader goals, including through government tenders. The company has achieved a significant milestone by reaching 1,000 MW of renewable energy capacity, with ongoing projects across multiple states, leveraging a mix of solar, wind, energy storage, and advanced balancing solutions. Serentica’s innovative approach ensures reliable and cost-effective green power for its growing customer base, which includes some of India’s largest energy-intensive industries. Backed by a $650 million investment from KKR, Serentica aims to supply over 50 billion units of clean energy annually, enabling the displacement of 47 million tons of CO2 emissions. With a strong pipeline of projects under development, the company is at the forefront of India’s energy transition, deploying cutting-edge technology and innovative contractual structures to accelerate the shift to sustainable power.

About Statkraft

Statkraft is a leading company in hydropower internationally and Europe’s largest generator of renewable energy. The Group produces hydropower, wind power, solar power, gas-fired power and supplies district heating. Statkraft is a global company in energy market operations. Statkraft has around 7,000 employees in more than 20 countries.

GPS Renewables to Manufacture High-Efficiency Biogas Agitators in India Under Exclusive BGTS Partnership

Image - biogastechnik-sued.de

GPS Renewables, a full-stack biofuels firm offering technology and project solutions for climate-positive biofuel projects, and its subsidiary Proweps, have entered into an exclusive partnership with Germany-based Biogastechnik Süd GmbH (BGTS) to introduce Advanced Paddle Agitators (mixers) under their brand Varibull to India. This partnership aims to improve operational efficiency of biogas plants and reduce costs for Indian CBG (Compressed Biogas) Developers.

Currently, most CBG developers use conventional agitators – mechanical devices that mix organic waste and water within anaerobic digester. These consume more power and are inefficient in handling high fibrous substrates like paddy straw or Napier grass often leading to operational challenges such as poor mixing, crust formation and deposits inside biogas digesters. These inefficiencies are addressed by the Varibull Paddle Agitator, developed by Biogastechnik Süd in Germany. It offers high mixing efficiency, better handling of difficult substrates and significantly lower power consumption.

The agitator will be manufactured at GPS Renewables’ facility in Bengaluru and it will be offered competitively than currently available conventional biogas equipment. The company also plans to explore exports from India to other markets as part of its larger goal of making advanced biogas technologies easily accessible.

Rajesh Ayyappasur, Director - Business Development & Partnerships at GPS Renewables, said, “At GPS Renewables, our focus has always been on introducing innovative technologies that can categorically address challenges in biogas production in India. We do this either through our in-house solutions or through collaborations with global experts. This partnership with Biogastechnik Süd Germany marks a significant milestone for us as we enter into a new product category with the introduction of paddle agitators. Biogastechnik Süd is a pioneer in biogas components, and their Varibull Paddle Agitator is one of the best-selling agitators worldwide, trusted for its durability, low maintenance, and efficiency.”

Mainak Chakraborty, CEO and Co-founder, GPS Renewables, said, “Many Indian CBG plants that rely on conventional agitators face crusting, sediment build-up, uneven mixing, higher power consumption, and frequent breakdowns—challenges that directly impact throughput and reliability. As India’s leading full-stack biofuel firm offering TEPC services and critical process equipment under the OptiMaxx brand, we are committed to solving these issues through global technology partnerships, in-house R&D, and strong execution on the ground. Proven paddle agitators like Varibull from BGTS are purpose-built for tough substrates and will enable efficient mixing, lower energy use, and reliable, low-maintenance operation for CBG developers.”

Gregor Maier, CEO of Biogastechnik Süd, said, “At Biogastechnik Süd, our mission has always been to deliver reliable, efficient and durable technologies that add long-term value to biogas operators worldwide. India is one of the most important growth markets for bioenergy, and we are proud to partner with GPS Renewables, whose strong execution capabilities and deep sector understanding make them the ideal partner for localizing our solutions. The integration of our Varibull Paddle Agitator will help Indian plants maximize performance, reduce downtime, and ensure sustainable operations over decades.”

Robert Ohneberg, International Sales Manager at Biogastechnik Süd, added, “Our products are designed to perform under the toughest operating conditions. Many biogas and CBG plants in India struggle with uneven mixing, sedimentation, and excessive energy consumption. With GPS Renewables, we are confident that we can address these challenges effectively. The Varibull Paddle Agitator has become one of the best-selling agitators worldwide for its robustness, minimal maintenance needs, and efficiency. By bringing it to India, we aim to support developers and operators in achieving higher process stability, greater gas yields, and reduced lifecycle costs.”

Through this partnership, GPS Renewables will distribute and integrate Biogastechnik Süd paddle agitator technology within its turnkey plant solutions and OptiMaxx equipment portfolio, offering Indian CBG developers a proven, future-ready mixing solution.

About GPSR (GPS Renewables) Group

Headquartered in Bengaluru, GPS Renewables (“GPSR”) is a full-stack biofuels firm offering technology and project solutions for climate-positive biofuel projects. Starting from captive biogas plants, GPSR has scaled up to set up some of the world’s largest RNG plants. In 2022, GPS Renewables launched GPSR Arya Pvt Ltd (“ARYA”) a wholly-owned subsidiary, to commission BOO (Build-Own-Operate) projects, augmenting its climate impact ambitions.

GPSR has formed joint ventures with Indian Oil, Bharat Petroleum, and Oil India to build compressed biogas (CBG) plants across India. These plants will process agricultural and organic waste, reduce carbon emissions, and support the government’s SATAT initiative.

About Biogastechnik Süd GmbH

In 1999, Biogastechnik Süd’s founders Clemens and Gregor Maier created the Varibull paddle agitator to overcome crusting and poor mixing issues on their own farm. Today, Varibull is the world’s best-selling mixer, proven in thousands of installations. Over the years, BGTS has expanded into a full range of biogas solutions—including paddle agitators, screw presses, feeding systems, and other critical plant components—developed from practice, for practice. This farmer-driven innovation ensures durable, low-maintenance, and energy-efficient technologies that deliver sustainable success for CBG developers worldwide.

About proweps

proweps envirotec GmbH is a Germany based international active consulting and engineering company specialized in technologies to utilize organic waste and biomass for biogas, biomethane or BioCNG or BioLNG production. The company offers a wide range of engineering services that are necessary for the realization of turnkey treatment plants. This includes feasibility studies, design & engineering, project management, supervision of construction and commissioning Furthermore key process equipment or key technologies required for turnkey plants are delivered as pretreatment, pasteurization, digester systems are completely supplied on customer demand. Long time international experience is the key for many successful projects realized on the international waste and biomethane market.

Renewable Energy Industry Veteran Jeff Tolnar Joins Hylenr’s Board of Directors

Jeff Tolnar

Hylenr, a pioneering clean energy company focused on commercializing Low Energy Nuclear Reactions (LENR) for global markets, today announced the appointment of Jeff Tolnar to its Board of Directors. Tolnar, a seasoned executive and thought leader in the renewable energy industry, brings expertise in technology commercialization, energy systems, and market development.

With a proven track record at leading energy and technology companies including Honeywell, Shoals Technologies Group, and Landis+Gyr, Tolnar has been instrumental in advancing sustainable solutions across the energy value chain. His leadership roles spanned strategy, operations, and innovation, making him uniquely positioned to support Hylenr’s next phase of growth.

Hylenr’s vision of deploying LENR technology to deliver scalable, clean, and affordable energy aligns perfectly with my lifelong passion for renewable energy and energy innovation,” said Jeff Tolnar. “I’m honored to join the Board and work with Ram, Sid, and the entire team to help bring this transformative technology to the world.”

Hylenr’s LENR platform represents a breakthrough in clean energy generation, offering high energy density with minimal environmental footprint. As the company transitions from advanced R&D to productization and commercialization, Tolnar’s experience will help guide strategic decisions, partnerships, and go-to-market execution.

“We’re thrilled to welcome Jeff to the Board,” said Ram Ramaseshan, Co-Founder & CEO, Hylenr. “His insight into scaling renewable technologies and building high-performing teams will be invaluable as we bring our LENR solutions to the global energy market.”

Siddhartha Durairajan, Co-Founder & Managing Director, Hylenr, added: “Jeff has led innovation at some of the most respected names in the industry, and shares our mission-driven commitment to solving the world’s energy challenges. His guidance will help ensure Hylenr delivers on its bold promise.” With Tolnar joining the board, Hylenr strengthens its leadership bench at a critical inflection point, positioning itself to disrupt traditional energy paradigms and deliver sustainable power worldwide.

About Hylenr

Hylenr is a clean energy technology company developing cutting-edge solutions based on Low Energy Nuclear Reactions (LENR). Its mission is to provide safe, scalable, sustainable energy for a cleaner, more equitable future. With a team of innovators, scientists, and entrepreneurs, Hylenr is redefining what’s possible in the renewable energy space.

Japan’s First Osmotic Plant Signals a New Era of Water-Based Energy

In a quiet corner of southern Japan, something revolutionary is happening beneath the surface. No smoke. No noise. Just the silent push and pull of salt and fresh water generating clean electricity. Welcome to Japan’s first osmotic power plant—a bold step into the future of renewable energy.

What Is Osmotic Power?

Imagine placing freshwater and seawater side by side, separated by a special membrane. Nature wants balance, so freshwater flows toward the saltier side, creating pressure. That pressure can spin a turbine—and voilà, you’ve got electricity. It’s called osmotic energy, or more poetically, “blue energy.”

Unlike solar or wind, osmotic power doesn’t care if it’s cloudy or calm. It runs 24/7, quietly converting water chemistry into clean power.

Japan’s First Plant: Small but Mighty

Launched in August 2025 by the Fukuoka District Waterworks Agency, the plant uses treated wastewater and concentrated seawater—both byproducts of desalination—to generate power. It’s expected to produce 880,000 kilowatt-hours annually, enough to run a desalination facility and supply clean water to nearby communities.

That might not sound like much, but it’s a proof of concept with global implications.

This is next-generation renewable energy, says Akihiko Tanioka, a leading researcher in osmotic systems. It’s clean, constant, and scalable.

Why It Matters

Always On: Unlike solar panels or wind turbines, osmotic power doesn’t depend on weather.

Eco-Friendly: No emissions, no fuel, no noise—just water doing what it naturally does.

Global Potential: Countries like Norway, South Korea, and Australia are exploring similar tech.

What’s Next?

Japan’s move could spark a wave of innovation. Coastal cities, desalination hubs, and wastewater treatment plants might soon double as power stations. And with climate change demanding cleaner solutions, osmotic energy offers a tantalizing new option.

It’s not just science—it’s strategy. Turning water into power without harming the planet? That’s the kind of quiet revolution the world needs.

Vodafone Idea Acquires 26% Stake in Aditya Birla Renewables SPV to Power Telecom Ops

In a strategic move to bolster its renewable energy portfolio, Vodafone Idea Limited has signed binding Purchase and Power Purchase Agreements (PPAs) on August 12, 2025, to acquire a 26% equity stake in Aditya Birla Renewables SPV 3 Limited (ABRen SPV 3). The special-purpose vehicle (SPV) has been established to own and operate a captive power plant, aimed at supplying clean energy to Vodafone Idea’s telecom operations.

Transaction Highlights

• Equity Stake: 26% in ABRen SPV 3
• Investment Value: ₹1.56 crore, to be infused in tranches over six months
• SPV Incorporation: November 21, 2024
• Authorised Share Capital: ₹6.50 crore
• Paid-up Capital: ₹1 lakh (10,000 equity shares of ₹10 each)
• Turnover: Nil as of date

The agreements were executed with Aditya Birla Renewables Limited, a related party under the Companies Act, 2013. The transaction has received approvals from both the Audit Committee and the Board of Directors of Vodafone Idea.

Vodafone Idea’s investment aligns with regulatory provisions under the Electricity Act, 2003, and the Indian Electricity Rules, 2005, which mandate equity participation for captive power consumption. The move is expected to provide cost-effective and sustainable energy, reducing operational costs and carbon footprint across its telecom infrastructure.

A spokesperson from Vodafone Idea commented, “This partnership reinforces our commitment to sustainability and energy efficiency. By investing in captive renewable energy, we aim to optimize costs and contribute to India’s clean energy transition.”

The telecom sector is increasingly turning to renewable energy to meet rising power demands while adhering to ESG goals. Vodafone Idea’s latest investment reflects a broader industry trend toward green infrastructure and energy independence.