The major upgrade to CRISIL A- is a true measure of Gautam Solar’s strengthened business profile, strong financials, and sustained track record of meeting its obligations. Gautam Solar has shown resilience and improvement over the years, with a stunning 200% rise in revenues in the last three years underpinned by increased capacity, better utilization, and premium demand for products.

With a history of over 28 years in the solar sector, Gautam Solar has been profitable right from the start, consistently consolidating its market share. They have three decades of solar equipment manufacturing experience, including solar modules with 30 years of warranty, a commitment that is only possible with strong financial fundamentals. This has helped the company establish long-term relationships with its customers and achieve a healthy growth path, evident from its 72% CAGR in the last 3 years. Besides, this newly achieved certification reflects its higher rating, further indicating its financial strength and capability to support the solar warranty period. Supportive government policies such as the Basic Customs Duty (BCD) have enhanced the competitiveness of local solar modules, resulting in a robust demand scenario for the firm’s products. Gautam Solar has also grown its operations with a new modern manufacturing unit in Haryana’s Bhiwani District that spreads over 60 acres of land.

Speaking on the milestone, Mr. Gautam Mohanka, CEO of Gautam Solar, said, “We are proud to have received the ‘CRISIL A-/Stable ‘long-term and ‘CRISIL A2+’ short-term ratings as they validate our business fundamentals and provide us with a badge of credibility, assuring our customers and the financial institutions we partner with. This achievement will assist us in supplying to large solar power projects, capitalizing on our credibility. With our strong financial position, the upcoming expansion, and commitment to sustainable growth, Gautam Solar has a strong future role in advancing India’s renewable energy goals.”

With its strong financial stability, established industry experience, and growing production capabilities, Gautam Solar continues to stand out as a reliable and future-oriented solar module manufacturer, committed to powering India’s clean energy transition.

About Gautam Solar

Gautam Solar (www.gautamsolar.com) is a leading Indian Solar Module Manufacturer with 28+ years of solar industry experience. It has multiple manufacturing units across the country. With its corporate office in New Delhi, India. Gautam Solar is targeting a solar module manufacturing capacity of 5 GWp by FY2025-26, up from its current capacity of 3.2 GWp. Using the latest machines and technology, Gautam Solar’s solar panels are manufactured using First-hand top line machines. It has multiple Patents & IPs registered in its name and is known for its technically superior and innovative solar modules.

As countries worldwide accelerate their push toward “dual-carbon” goals, photovoltaics (PV) are taking center stage in the global energy transition. In 2024 alone, around 530 GW of new PV capacity was added worldwide, with China contributing 277.6 GW — a 28.3% year-on-year increase.

At the heart of every PV system lies the inverter, the device that converts solar power into usable electricity. Inverters are generally divided into two categories: centralized and string. Over the past decade, string inverters have emerged as the mainstream choice, offering flexibility, adaptability, and strong potential to reduce both upfront investment and the levelized cost of energy (LCOE). By 2024, string inverters accounted for roughly 80% of global shipments, far ahead of centralized units at just 20%.

As deployment expands across residential rooftops, commercial and industrial systems, and large-scale ground plants, string inverters are evolving at an unprecedented pace. This article reviews the key technology trends and application developments shaping the market as we move into 2025.

The Core Driver: Lower Costs, Higher Efficiency

The demand for cheaper, more efficient PV systems continues to push string inverter technology forward. Three trends stand out:

1. High Voltage and High Power

Mainstream string inverters have transitioned from 1,100 V to 1,500 V DC input platforms, cutting current, raising conversion efficiency, and reducing costs. The next step is 2,000 V and beyond. Some manufacturers are already rolling out solutions in the 2,000 V / 400 kW+ range, driving down balance-of-system (BOS) costs even further.

Alongside voltage gains, power density is rising. By 2030, large-scale string inverters are expected to reach 365 kW per unit, with power density climbing from around 2.76 kW/kg in 2024 to over 3.5 kW/kg. That means more power output at lower manufacturing cost.

2. High DC/AC Overload Ratios

Pushing DC input power higher than the inverter’s rated AC power — the “overload ratio” — allows systems to maximize annual output and cut LCOE. Mainstream models now exceed 130%, while leading solutions hit 160% or more, thanks to wide MPPT voltage ranges and intelligent dynamic derating that adjusts output in real time.

3. Topology Innovation

To handle higher voltages and boost efficiency, three-level topologies (such as NPC and ANPC) have become standard in high-power inverters. At 2,000 V and beyond, research is moving into five-level and multi-level designs, further improving waveform quality, reducing stress on devices, and lowering losses.

Reliability as the Lifeline

PV plants operate in tough, variable conditions — which means inverter reliability is non-negotiable. Advances are focusing on safety, protection, and predictive maintenance.

1. DC Arc Fault Detection and Interruption (AFCI)

Arc faults are a major fire risk. The latest string inverters use advanced sensors and AI-driven algorithms to achieve near-perfect detection rates and extinguish arcs in under 500 ms. Challenges remain in long-cable and high-current scenarios, but detection accuracy is improving rapidly.

2. Structural Safety and Explosion-Proof Design

Outdoor inverters typically achieve IP65 or higher protection. To address risks from internal faults, new designs combine reinforced enclosures with intelligent pressure relief — such as predefined rupture paths and venting channels — to safely release pressure without sacrificing sealing.

3. Intelligent Monitoring and Predictive Maintenance

Instead of reacting after faults, inverters are shifting to predictive models. Using precise insulation monitoring, temperature sensing, and capacitor health checks, combined with edge/cloud AI algorithms, operators can identify risks early and carry out preventive maintenance.

Value Expansion: Control and Smart O&M

As renewable penetration rises, inverters are becoming active participants in grid stability and plant operation.

1. Grid-Forming Capability

Advanced control strategies — such as Virtual Synchronous Generator (VSG), droop control, and Virtual Oscillator Control (VOC) — allow string inverters to provide inertia and damping in weak grids. Some 320 kW+ units can now operate stably at SCR ≥ 1.1 and even deliver black-start capability. The next frontier is fault ride-through and interoperability across different strategies.

2. Power Quality and Harmonic Suppression

Using fast DSPs, optimized modulation, and active filtering, modern string inverters can keep total harmonic distortion (THDi) below 3%, even under complex grid conditions.

3. AI-Driven O&M

AI is transforming operations: minute-level forecasting, second-level IV curve scans, and AI-based fault recognition all help operators run plants more efficiently. The challenge now is integrating diverse data sources — from weather and grid data to module imagery — into actionable insights.

Industry Foundations: Semiconductors and Localization

Performance gains depend on breakthroughs in core components — and in supply chain security.

1. Silicon Carbide (SiC)

SiC MOSFETs boost efficiency above 99%, increase power density, and reduce cooling needs. High costs limit use to premium models today, but rapid capacity growth and cost reductions will drive broader adoption.

2. Gallium Nitride (GaN)

GaN is already used in microinverters and auxiliary circuits, with engineering trials underway in higher-power applications. As costs drop and voltage handling improves, GaN will play a bigger role.

3. Localization

China is rapidly closing the gap in IGBTs, SiC modules, and control chips. By 2024, localization rates hit nearly 40% for 1,500 V string inverter power modules. Domestic MCUs are also gaining traction in mid- and low-power products. Localization strengthens supply chain resilience and cost competitiveness.

Conclusion

The string inverter industry is in a period of accelerated innovation. High-voltage platforms, advanced control strategies, predictive O&M, next-generation semiconductors, and localized supply chains are converging to deliver higher efficiency, lower costs, and greater reliability.

Looking ahead, string inverters will not only consolidate their dominance over centralized designs but also become central to new scenarios: commercial rooftops, residential PV, and PV-plus-storage systems. With their evolving intelligence and grid-support capabilities, string inverters are moving from passive power converters to active energy managers.

For Ginlong (Solis) Technologies and other Chinese manufacturers at the forefront of these developments, the opportunity is clear: lead in technology, scale globally, and make a lasting contribution to the world’s clean energy transition and the achievement of dual-carbon goals.

New Delhi – The Solar Energy Corporation of India Ltd. (SECI), under the Ministry of New and Renewable Energy (MNRE), announces the appointment of Shri Akash Tripathi, IAS (MP:1998), as Managing Director. His appointment has been approved by the Appointments Committee of the Cabinet (ACC) in the rank and pay of Additional Secretary to the Government of India.

SECI’s leadership structure is now formalised with Shri Santosh Sarangi, IAS, Secretary, MNRE, continuing as Chairman. This governance framework provides for institutional oversight and dedicated executive direction across SECI’s expanding portfolio.

Shri Santosh Sarangi, IAS, Chairman, SECI, and Secretary, MNRE, stated, “SECI operates at the core of India’s renewable energy implementation. Shri Tripathi’s appointment brings dedicated leadership for execution at scale, tighter institutional coordination, and delivery across emerging priorities like green hydrogen, energy storage, and green energy projects. This dual structure reflects the Ministry’s approach to enablement and accountability.”

SECI, a Navratna Central Public Sector Enterprise under MNRE is the designated agency for implementing India’s national renewable energy initiatives, including competitive bidding for solar, wind, hybrid, energy storage, offshore wind, and green hydrogen projects etc.

For this project, Sineng Electric developed and delivered an innovative solution featuring a 5MW central PCS MV Turnkey Station and booster integration system, based on its 1250kW central PCS. With this, the company has once again set a new benchmark for single-unit rated grid-forming capacity. Equipped with Sineng’s Next-Gen enhanced hybrid grid-forming technology, the plant can effectively handle disturbances caused by high penetration of renewables, significantly strengthening grid resilience and supporting the sustainable growth of clean energy.

Sineng’s grid-forming PCS enables rapid establishment of stable voltage, frequency, and phase angle under extreme operating conditions. Leveraging its inherent synchronous voltage source characteristics, it achieves millisecond-level dynamic power support and quickly restores power quality. In the event of large-scale grid separation or outage, the plant can seamlessly switch to off-grid mode to supply critical and emergency loads, while providing fast and reliable black start services to ensure the safe and stable operation of the regional grid under extreme scenarios.

With the project successfully connected to the grid, the shared energy storage system will demonstrate full hybrid grid-forming capabilities—delivering services such as renewable output smoothing, peak shaving and valley filling, primary and secondary frequency regulation, inertia response and damping support, and black start. This establishes an efficient and flexible “generation-grid-load-storage” interaction framework, creating a replicable and scalable “Yongde Model” for the large-scale development and integration of renewables in Western Yunnan.

By positioning grid-forming energy storage as a “dynamic stabilizer” of the new power system, Sineng Electric is driving the transition of storage from a supportive energy facility to a cornerstone of grid stability. Looking ahead, the company will continue to leverage its industry-leading hybrid grid-forming technology to deliver greater value for customers, accelerating the evolution of the new-type power system toward a smarter and more sustainable future.

About Sineng

Sineng Electric is the global leading supplier of a comprehensive product portfolio including PV inverters, energy storage inverters, and digital power products. By establishing four R&D centers and leveraging top-notch resources, Sineng’s unwavering commitment to technological innovation has enabled more people to access cost-effective, reliable, and sustainable energy. Known for the engineering excellence, rigorous testing standards, and consistent quality, Sineng has earned recognition as a BloombergNEF tier 1 PV inverter maker and ranks No.4 in global PV inverter shipments for 2024.

This is in reference to the RfS for “Selection of Solar Project Developers for setting up of 3850 kW Grid-Connected Rooftop Solar PV Projects under RESCO mode through Tariff-based Competitive Bidding (RTSPV-Tranche-I)” issued by SECI.

Pre-bid meeting for the RfS has been scheduled as per following details:

Date & Time: 03.07.2025 at 02:30 PM (IST).

Mode of meeting: Online mode

Pre-bid meeting link: https://teams.microsoft.com/l/meetupjoin/19%3aXTet8N6xkE_6eHvy05IhHjREk102bgbYd2exX2o3pU1%40thread.tacv2/1750841267039?context=%7b%22Tid%22%3a22a24b3e19-3a1f4c61-9f1e-cace38462ab7%22%2c%22Oid%22%3a%225164b124-35cd-46f3-97d9-6f9cc331e98c%22%7d

The online meeting will be conducted through video-conferencing on the Microsoft Teams Platform.

Invitations for the meeting will be sent out on 02.07.2025.

If you have any queries, please contact us at abhisekhsri@seci.co.in or swapnil.gandhi@seci.co.in.

Prospective bidders are requested to remain updated for any notices/ amendments/ clarifications etc. to the NIT documents through the websites www.seci.co.in and https://www.bharat-electronictender.com as no separate notification will be issued.

Tender Search Code (TSC) for the NIT in ISN-ETS: SECI-2025-TN000013

—

## **Snapshot Summary – Green Ammonia Bidding (SIGHT Scheme)**

**Document Type:** Post e-Reverse Auction (e-RA) Snapshot
**Date:** 25.08.2025
**Issued under:** Solar Energy Corporation of India Ltd. (SECI)
**RfS Reference:** SECI/C\&P/MI/00/0002/2024-25
**RfS Date:** 07.06.2024
**Scheme:** SIGHT Scheme – Mode-2A – Tranche-I

—

### **1. Project Details**

* **Project No.:** VI
* **Entity:** Paradeep Phosphate Limited (PPL)
* **Location:** Zuarinagar
* **Capacity:** 25,000 MT (Green Ammonia production & supply)

—

### **2. Purpose of Document**

* Provides snapshot after **e-RA (e-Reverse Auction)** held on **25.08.2025**.
* Confirms conclusion of competitive bidding for **production and supply of Green Ammonia** under SIGHT Scheme.

—

### **3. Key Highlights**

* e-RA successfully conducted for **Project VI**.
* Project is part of India’s **first large-scale procurement round for Green Ammonia**.
* Capacity allocated = **25,000 MT** at PPL’s Zuarinagar unit.
* Commercial details (tariff discovered, bidders ranking, etc.) are not shown in the snapshot provided (likely in detailed SECI bid evaluation report).

—

### **4. Outcome**

* **Status:** e-RA completed successfully.
* **Next Steps:** Adoption of tariff and issuance of **Letter of Award (LoA)** to successful bidder, followed by PPA/SPA execution under SIGHT Scheme framework.

—

For more information please see below link:

In Detail : India and Japan have been deepening their partnership in the energy sector under the Japan-India Clean Energy Partnership, with a focus on energy security, clean energy transition, and addressing climate change. Both sides have institutionalized this cooperation through the India-Japan Energy Dialogue and sectoral Joint Working Groups (JWGs).

A Ministerial-level India-Japan Energy Dialogue was held today (25th August 2025) through Video Conferencing, co-chaired by Shri Manohar Lal, Hon’ble Minister of Power and Housing & Urban Affairs, Government of India, and Mr. Muto Yoji, Minister of Economy, Trade and Industry, Government of Japan.

MoP, MNRE, MoPNG, and Ministry of Coal made detailed presentations on the progress achieved under their respective JWGs and outlined future cooperation pathways.

The Ministers from India and Japan:

• Reaffirmed commitment to Energy Security & Inclusive growth.
• Welcomed progress in areas like Energy efficiency clean hydrogen, ammonia, renewable energy.
• Agreed to expand cooperation on Carbon Capture, Utilization, and Storage green chemicals, biofuels, and advanced technologies in Energy Sector.

The Ministers also emphasized that the India–Japan partnership will continue to play a pivotal role in advancing secure, resilient, and sustainable energy systems in the Indo-Pacific region.

—

### 1. Executive Overview

* India’s solar module ecosystem has matured, reaching **100 GW manufacturing capacity**, enough for domestic demand.
* However, **export opportunities are shrinking**, especially due to the US withdrawing solar incentives, raising risks of **oversupply by 2027**.
* Indian players enjoy strong policy support (PLI, ALMM), but the long-term risk is that the industry could become cyclical like steel.

—

### 2. Module Manufacturing (100 GW Milestone)

* Solar additions rose **60% YoY in FY25 (\~24 GW)**, demanding \~50 GWdc modules.
* Additions expected at **40–50 GW annually** to meet 2030 goals (\~190 GW by 2027).
* Domestic module demand grew sharply (non-utility + utility), but **exports fell \~US-bound** due to policy changes.
* Imports declined **38% YoY** after ALMM reinstatement, though still used in **C\&I and non-ALMM projects**.
* Overcapacity risk: projected **190 GW domestic module capacity vs \~100 GW demand**.

—

### 3. Solar Cells – ALMM-II Impact

* India’s **cell capacity (<30 GW)** lags modules, creating heavy import dependence.
* **ALMM-II (from Jun 2026)** mandates only approved domestic cells in utility + C\&I (open access/net metering) projects.
* Major expansions planned – capacity to rise to **115 GW by Mar 2027**, enabling near self-sufficiency.
* Interim impact: higher project costs as **DCR cells are pricier**, possibly slowing bids.
* **Exemption till Aug 2025 bids** provides cushion for market adjustment.

—

### 4. Upstream Integration (Wafers & Polysilicon)

* India remains **highly import-dependent** (China dominates wafers & polysilicon).
* **40 GW wafer target by Mar 2027** seems ambitious; only one domestic wafer maker exists.
* Classification: only **“black wafers”** (undiffused) qualify for domestic status; blue wafers excluded.
* **Polysilicon prices spiked 35–40%** in recent months due to Chinese capacity shutdown (\~1 mn tonnes).
* India’s PLI push for **full integration (poly-to-module)** is unique globally, but execution is years away.

—

### 5. Supply Chain & Margins

* **Polysilicon’s share in module cost** rose from **12% → 17% (in 1 year)**.
* Global players, integrated only wafer-to-module, saw **EBITDA margins squeezed** (Jinko, Longi, Trina, etc.).
* Indian integrated players benefited from **ALMM/DCR protections and US anti-Uighur import rules**, giving **superior margins**.
* But, without upstream integration, Indian module makers may face **margin pressure** going forward.

—

### 6. Strategic Outlook

* **Golden period** for Indian players due to domestic policy + global demand shift.
* However, risks:

* Oversupply → falling margins.
* Policy dependence → possible cyclicality like steel.
* Many players diversifying into **inverters, IPPs, and battery storage** to stabilize returns.
* Early movers in **US onshore manufacturing** could gain from IRA phase-out and FEOC compliance.

—

**Key Takeaways:**

* India is now a global-scale solar manufacturing hub (100 GW+ modules).
* Cells are catching up fast (115 GW by 2027), but wafers and polysilicon remain bottlenecks.
* Policy (PLI + ALMM) is the main driver of growth and profitability.
* Oversupply and input price shocks (polysilicon) are medium-term risks.
* Integration and diversification are essential for sustainability.

—

For more information please see below link:

The MoU was signed by Shri Santosh Kumar Sarangi, Secretary, MNRE and Shri Pradip Kumar Das, Chairman & Managing Director, IREDA at Atal Akshay Urja Bhawan, New Delhi, in the presence of senior officials from MNRE and IREDA.

Under the MoU, the Government of India has set a Revenue from Operations target of ₹8,200 crores for FY 2025-26. IREDA had exceeded its Revenue from Operations target in FY 2024-25, achieving ₹6,743.32 crores against the target of ₹5,957 crores. The MoU also includes key performance parameters such as Return on Net Worth, Return on Capital Employed, NPA to Total Loans, Asset Turnover Ratio, and EBTDA, among other targets.

Expressing confidence in the company’s growth trajectory, Shri Pradip Kumar Das, CMD, IREDA, said: “With the hope for continuing excellent performance for this year also, we are committed to sustaining our track record of excellence. IREDA has earned an ‘Excellent’ rating in MoU performance for four consecutive years since FY 2020-21. For FY 2023-24 MoU rating, IREDA emerged as the top performer in the NBFC and Power sector and among the top four CPSEs across sectors, as per a list of 84 CPSEs issued by the Department of Public Enterprises.

In Detail : Road transport accounts for approximately 18% of total global CO2 emissions and is linked to a significant share of urban air pollution, as around 94% of its energy consumption globally is based on fossil fuels. Decarbonising this sector requires an accelerated electrification of light-duty vehicles, buses, trucks, two- and three-wheelers, combined with an expansion of charging infrastructure and renewables-based electricity.

For the world to be on track for achieving the Paris Climate targets, the electric vehicle (EV) fleet would need to increase eightfold in the next five years. By 2050, EVs would need to account for over 90% of global cars on the road. In 2024, there was one EV in every five cars sold. By the end of that year, global EV sales had passed 17 million, rising from just 650,000 in 2015. Most of the EVs and chargers are deployed in China, Europe and the United States while the majority of developing markets continue to lag behind due to existing barriers.

One significant barrier is that currently, EVs and charging infrastructure are beyond the affordability of developing markets, compounded by limited access to capital and finance. Targeted policies can address these and other barriers, such as financial and fiscal measures which can help improve the affordability of EVs and chargers.

The following are five policies and measures to enable and accelerate the electrification of road transport in developing countries:

1. Setting ambitious targets for EV and charging infrastructure

The adoption of ambitious targets for EV sales is an important lever to promote the transition. Based on the consideration of available resources and local context, these national or subnational targets can send clear signals to investors, industrial players and potential consumers, as well as guide investments in the needed infrastructures and improve market confidence.

Many countries and cities have announced such ambitions. Cabo Verde has set 100% EV targets for new passenger cars by 2035. Similarly, Chile has adopted targets for 100% EV sales for cars and public buses by 2035. Hainan Province (China) has set 100% EV targets for private car sales by 2030, aiming to have 45% of all cars on this island to be electric by that time.

2. Promoting sustainable mobility in cities

The rapidly growing urban populations in developing markets will result in more intense transport activities and a higher level of urban air pollution linked with fossil fuels. Sustainable urban mobility requires not only the electrification of vehicles, but also the reduction of private driving. To promote sustainable mobility, cities can adopt various policies and measures. For example, promoting mixed-use urban development or compact urban design to reduce urban travel needs. When private driving cannot be avoided, cities can also implement context-based measures, such as licence plate restrictions, vehicle quotas, low-emission zones, and public parking regulations. Incentives can also be given to encourage the use of electric vehicles, consequently driving the demand for the market.

3. Harnessing development financing for electric public transport projects

Modern public transport systems offer a more energy-efficient option compared to private driving, and remain the most affordable and sustainable option for communities and households that cannot afford cars. They connect people with more education opportunities, jobs, and other economic activities, and therefore playing a crucial role in sustainable development.

The procurement of electric bus fleets and related charging infrastructure often exceeds the financial capacity of developing countries. In this case, financing by development banks or multilateral development institutions can be utilised to support the deployment of electric buses and relevant charging infrastructure in these countries.

In Bogota (Colombia), the Inter-American Development Bank has provided loans for replacing diesel buses with electric ones. In Dakar (Senegal), the World Bank has provided finance for the deployment of a fully electric bus rapid transit system. In India, ADB and AIIB have provided loans to support the procurement and maintenance of 650 buses, as well as related charging infrastructure.

4. Supporting innovative business models for electric two- and three-wheelers

Electric two- and three-wheelers are more affordable than cars. They play a significant role in meeting people’s essential transport needs in developing markets, such as daily commuting, taxis, and deliveries. In addition, they offer industrial development opportunities through localised manufacturing and vehicle assembly.

But affordability and access to financing for these types of vehicles can be difficult in developing markets. Innovative business models, including battery-leasing and battery-swapping models, can address the high upfront costs issue and reduce consumers’ concerns over battery maintenance or degradation.

In Kenya and Thailand, the battery swapping business makes electric two-wheelers more cost-effective than their fossil-fuel counterparts. In China, battery swapping networks have enabled delivery drivers to get their two- and three-wheelers fully charged in less than 1 minute.

5. Addressing the needs of vulnerable groups affected by the transition process

In developing markets, the shift to electric vehicles may affect marginalised groups who rely on the fossil fuel-based road transport value chain, and may not be able to afford the high purchase costs of the electric alternatives. These groups – which include small transport service operators and individual workers – may also face significant income reduction during the transition process, causing some individuals and families to lose their livelihood.

To support these groups and meet their needs, policymakers should employ a more inclusive consultation and trust-building process, involving vulnerable groups working in both formal and informal sectors. An inclusive process that considers everyone’s needs and perspectives can result in affordable and accessible plans that secure people’s livelihoods, and ensure a just transition to sustainable transport.

In Detail : BANGKOK, THAILAND — The Asian Development Bank (ADB) and GSA Data Center 01 Company Limited (GSA) have signed a local currency green loan of THB900 million (approximately $26.8 million) to fund the development, construction, and operation of a 25.6-megawatt colocation green data center in Samut Prakan province, Thailand.

The data center will be highly energy-efficient, with a designed power usage effectiveness rating of 1.4. The data center will have a Tier III certification, ensuring high reliability with an uptime of 99.982%. GSA is also expected to achieve Leadership in Energy and Environmental Design (LEED) Gold certification for green data center.

“This is ADB’s first lending in the data center sector in Thailand, and in the region as well. As the demand for digital services grows, it is crucial to prioritize energy efficiency and renewable energy sources in this sector to significantly reduce our carbon footprint, support environmental goals, and pave the way for a greener, more resilient digital infrastructure,” said ADB Country Director for Thailand Anouj Mehta. “This investment provides a strong case study for the data center market for green financing, promoting resilience and sustainability, while enhancing the potential of Thailand’s digital economy.”

Southeast Asia is experiencing a surge in data center expansion to meet the demands of accelerating digitalization. However, the energy consumption of data centers is rising significantly, contributing to higher greenhouse gas emissions. This reflects the growing need for sustainable data solutions to support the world’s digital transformation.

Most of the data center’s space will be leased to large technology companies, artificial intelligence firms, and graphic processing service providers. GSA also provides an option of renewable energy certificates and procurement for tenants who require power sourcing from renewable energy. Aligned with Thailand’s sustainability goals, the project will support the country’s commitment to reducing carbon emissions by 30% by 2030, achieving carbon neutrality by 2050, and reaching net zero emissions by 2065.

ADB’s Bio Circular Green Growth (BCG) technical assistance, supported by the Republic of Korea e-Asia and Knowledge Partnership Fund, supported the project with environmental and social due diligence assessments on Thailand’s data center emissions projections and renewable energy procurement mechanisms.

“The green loan arrangement for our first data center in Thailand marks a pivotal step in advancing our digital infrastructure strategy. The participation of ADB and other prominent financial partners demonstrates strong institutional confidence in both our long-term vision and our commitment to sustainability. This financing reflects our shared goal of fostering environmentally responsible and future-ready digital development across the region,” said Yupapin Wangviwat, Chief Financial Officer of Gulf Development.

Founded in 2022, GSA is a joint venture of Gulf Development, one of Thailand’s largest independent power producers; Singtel, a regional telecommunications leader; and AIS, a major Thai telecommunications leader in mobile and fixed broadband. GSA is scheduled to begin commercial operations by 2025.

ADB is a leading multilateral development bank supporting inclusive, resilient, and sustainable growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet. Founded in 1966, ADB is owned by 69 members—50 from the region.

In Detail : APIA, SAMOA — The Asian Development Bank (ADB) and Sun Pacific Energy Ltd (SPEL) have signed a $2.8 million (approximately AU$4.3 million) loan to help increase renewable energy generation in Samoa.

The loan will be used to upgrade and expand SPEL’s existing Upolu Solar Farm, which was partly funded by ADB in 2017, by installing higher-efficiency solar panels. The new expansion is expected to generate 9.6 gigawatt-hours of clean energy per year and reduce an additional 1,944 tons of carbon dioxide emissions annually. SPEL is Samoa’s first independent power producer (IPP) and has a 20-year power purchase agreement with Electric Power Corporation, a government-owned national utility.

Since 2023, the Government of Samoa has struggled to meet peak energy demand. In March this year, it declared a 30-day state of emergency because of widespread and prolonged power outages caused by generator failures, storm damage, and rising electricity demand.

“This is the second expansion of SPEL’s solar farm,” said the Regional Director of ADB’s Pacific Subregional Office Aaron Batten. “The generated power will support the delivery of a reliable and sustainable power supply, which will spur economic activity, benefitting commercial, industrial, and residential consumers.”

The deal will also contribute to climate mitigation and support Samoa’s target of a 26% reduction in greenhouse gas emissions by 2030, while using at least 70% renewable energy for electricity generation by 2031.

“ADB enabled us to create a financing package that is not available in the market due to limited financial players,” said SPEL’s Chief Executive Officer Jamie Harrison. “This project is deeply rooted in our mission of providing accessible, clean energy to the people of Samoa.”

The project will also benefit from a $225,000 technical assistance from the Australian Climate Finance Partnership (ACFP) Fund, a concessional financing facility funded by the Australian Department of Foreign Affairs and Trade to support private sector projects related to climate adaptation and mitigation in select countries in the Pacific and Southeast Asia. ACFP is administered by ADB.

ADB is a leading multilateral development bank supporting inclusive, resilient, and sustainable growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet. Founded in 1966, ADB is owned by 69 members—50 from the region.

In Detail : Abu Dhabi, United Arab Emirates – Renewables maintain their cost leadership in global power markets, IRENA’s new report on Renewable Power Generation Costs in 2024 confirms.

The report confirms that renewables maintained their price advantage over fossil fuels, with cost declines driven by technological innovation, competitive supply chains, and economies of scale.

In 2024, solar photovoltaics (PV) were, on average, 41% cheaper than the lowest-cost fossil fuel alternatives, while onshore wind projects were 53% cheaper. Onshore wind remained the most affordable source of new renewable electricity at USD 0.034/kWh, followed by solar PV at USD 0.043/kWh.

The addition of 582 gigawatts of renewable capacity in 2024 led to significant cost savings, avoiding fossil fuel use valued at about USD 57 billion. Notably, 91% of new renewable power projects commissioned last year were more cost-effective than any new fossil fuel alternatives.

Renewables are not only cost-competitive vis-a-vis fossil fuels but are advantageous by limiting dependence on international fuel markets and improving energy security. The business case for renewables is now stronger than ever.

While continued cost reductions are expected as technologies mature and supply chains strengthen, short-term challenges remain. Geopolitical shifts including trade tariffs, raw material bottlenecks, and evolving manufacturing dynamics, particularly in China, pose risks that could temporarily raise costs.

Higher costs are likely to persist in Europe and North America, driven by structural challenges such as permitting delays, limited grid capacity, and higher balance-of-system expenses. In contrast, regions like Asia, Africa, and South America, with stronger learning rates and high renewable potential, could see pronounced cost declines.

IRENA’s 2024 report also explores the structural cost drivers and market conditions shaping renewable investment. It concludes that stable and predictable revenue frameworks are essential to reduce investment risk and attract capital.

Mitigating financing risk is central to scaling renewables in both mature and emerging markets. Instruments such as power purchase agreements (PPAs) play a pivotal role in accessing affordable finance, while inconsistent policy environments and opaque procurement processes undermine investor confidence.

Particularly, integration costs are emerging as a new constraint on deployment of renewables. Increasingly, wind and solar projects are delayed due to grid connection bottlenecks, slow permitting and costly local supply chains. This is acute in G20 and emerging markets, where grid investment must keep pace with rising electricity demand and the expansion of renewables.

Furthermore, financing costs remain a decisive factor in determining project viability. In many developing countries of the Global South, high capital costs, influenced by macroeconomic conditions and perceived investment risks, significantly inflate the levelized cost of electricity (LCOE) of renewables.

For example, IRENA found that while onshore wind generation costs were similar in Europe and Africa with around USD 0.052/kWh in 2024, the cost structures varied significantly. European projects were capital-expenditure driven, while African projects bore a much higher share of financing costs. IRENA’s assumed cost of capital ranged from 3.8% in Europe to 12% in Africa, reflecting differing perceived risk profiles.

Finally, technological advances beyond generation are also improving the economics of renewables. The cost of battery energy storage systems (BESS) has declined by 93% since 2010, reaching USD 192/kWh for utility-scale systems in 2024. This reduction is attributed to manufacturing scale-up, improved materials and optimised production techniques.

Battery storage, hybrid systems, combining solar, wind and BESS as well as digital technologies are increasingly vital for integrating variable renewable energy. Artificial intelligence (AI)-enabled digital tools are enhancing asset performance and grid responsiveness. However, digital infrastructure, flexibility, and grid expansion and modernisation remain pressing challenges, including in emerging markets, where the full potential of renewables cannot be realised without further investment.

In a special address on 22 July 2025, the UN Secretary-General António Guterres outlined a compelling and evidence-backed case for why a just transition away from fossil fuels to renewable energy is inevitable – and the vast benefits it will bring for people and economies. Watch the address and read the report on: A Moment of Opportunity | United Nations.

In Detail : Transition finance is gaining traction as world leaders seek to achieve both energy security and clean energy transitions. The International Energy Agency hosted its first Virtual Workshop on Transition Finance on 22 May 2025, drawing more than 70 participants from industry, government and the financial sector. The event provided a forum to discuss the state of play and the key barriers to scaling up cross-border capital flows that can enable transition efforts.

During the event, participants emphasised the importance of transition finance and recognised the need to scale up efforts to fill the existing investment gap, especially in emerging markets and developing economies (EMDE). Key messages from the workshop include:

• Effective policy design is essential to support market development. Clear government guidance, transition finance taxonomies and sector-specific transition roadmaps (that consider different national and industry-specific contexts) are drivers for the development of transition finance in various regions. Existing policy frameworks offer valuable lessons for other regions seeking to advance transition finance.
• Leading companies’ initiatives provide practical examples that can guide others entering the transition finance space. However, while support for frontrunners is important, it is equally vital to ensure that the transition finance ecosystem is accessible to EMDE where capital mobilisation is most urgently needed. Enhancing cross-border capital flow and inclusivity of mechanisms including interoperability is therefore a key priority.
• Support is vital for transition finance to succeed. To enhance credibility of transition finance, the initial planning, monitoring of progress, and engagement are essential to reflect the inherently dynamic nature of transition activities. At the same time, these necessary processes must be balanced with the need for appropriate incentives to ensure the effort and complexity involved in transition-aligned investments are matched by meaningful support and recognition.

The discussions from the workshop will inform an upcoming IEA report on transition finance in the energy sector, scheduled for publication in Q3 2025.

The workshop featured nine expert speakers who presented at the following three sessions:

Session 1: Transition finance for energy companies

• Hirofumi Sakioka – Senior Supervisor, JERA
• Syarina Yaacob – Lead (Corporate and Project Finance), Tenaga Nasional Berhad (TNB)
• Thomas Leonard – Head of Sustainability Services

Session 2: Importance of governments

• Takako Onitsuka – Director, Environmental Finance Office, GX Group, Ministry of Economy, Trade and Industry of Japan (METI)
• Eugene Wong – CEO, Sustainable Finance Institute Asia
• Jane Goodland – Group Head of Sustainability, London Stock Exchange Group (LSEG)

Session 3: Transition finance for financial institutions

• Naoaki Chisaka – Managing director, EMEA Advisor to Group Chief Sustainability Officer, Mizuho Financial Group
• Nicholas Pfaff – Deputy CEO and Head of Sustainable Finance, International Capital Market Association (ICMA)
• Divya Bendre, Managing Director, Sustainable Banking Solutions Group, Bank of America Securities (BofA Securities)

—

## **SECI Green Ammonia Project-II (IFFCO, Paradeep)**

### Project Overview

* **Project Name:** Project-II – IFFCO Paradeep
* **Capacity:** **1,00,000 Metric Tonnes (MT)** of Green Ammonia production & supply
* **Location:** Paradeep, Odisha
* **Scheme:** *SIGHT Scheme – Mode-2A, Tranche-I*
* **RfS Reference:** SECI/C\&P/MI/00/0002/2024-25 dated 07.06.2024
* **Auction Date:** 22.08.2025

This project is part of India’s national strategy to accelerate **green hydrogen and green ammonia adoption** by providing long-term supply contracts under SECI’s flagship **SIGHT programme**.

—

### Bidding & Auction Process

* Conducted via **Electronic Reverse Auction (e-RA)** on 22nd August 2025.
* Purpose: To discover the most competitive price for production and long-term supply of green ammonia.
* The **e-RA model** encourages bidders to progressively lower tariffs during the auction window, leading to transparent price discovery.

—

### Buyer & Offtake Commitment

* **Buyer:** *Indian Farmers Fertiliser Cooperative Limited (IFFCO)* – one of India’s largest fertilizer producers.
* IFFCO’s Paradeep unit (in Odisha) is a major ammonia and urea production facility, consuming large quantities of feedstock ammonia.
* Under this project, IFFCO secures a **domestic supply of green ammonia**, reducing dependence on imported ammonia (currently fossil-fuel based).

—

### Strategic Importance

* This is among the **largest single-location green ammonia contracts** under the SIGHT scheme.
* Supports India’s target of **5 MMT of green hydrogen/derivatives by 2030**.
* Contributes to **fertilizer sector decarbonization**, one of the government’s priority use-cases for green hydrogen/ammonia.

—

### Expected Outcomes

1. **Green Ammonia Supply Security:** Ensures 1 lakh MT of annual supply to IFFCO Paradeep.
2. **Import Substitution:** Reduces foreign exchange outgo on imported grey ammonia.
3. **Emission Reduction:** Each tonne of green ammonia avoids significant CO₂ emissions compared to fossil-derived ammonia.
4. **Price Discovery:** The e-RA outcome sets benchmarks for future bidding rounds under SIGHT Mode-2A.

—

### Implications

* **For IFFCO:** Long-term assured green ammonia at competitive discovered price.
* **For Developers:** A landmark opportunity to scale green ammonia production projects in India.
* **For Policy:** Demonstrates viability of government-backed reverse auction schemes in hard-to-abate industrial sectors like fertilizers.

—

In short: The **IFFCO Paradeep Project-II** under SECI’s SIGHT scheme marks a milestone — securing **1 lakh MT/year of green ammonia** through transparent competitive bidding, directly supporting India’s fertilizer industry and decarbonization goals.

—

For more information please see below link:

In Detail : Ministry of Environment, Forest and Climate Change (MoEF&CC), Government of India has published the Battery Waste Management Rules, 2022 on 24th August, 2022 for environmentally sound management of waste batteries. These rules cover all types of batteries viz. Electric Vehicle batteries, portable batteries, automotive batteries and industrial batteries.

The rules are based on the concept of Extended Producer Responsibility (EPR) where the producers, including importers, of batteries have been given annual targets for collection and recycling or refurbishment of waste batteries against the batteries placed in the market. The rules mandate producers to use minimum percentage of domestically recycled materials in manufacturing of new batteries from FY 2027-28 onwards.

Centralized online EPR portal has been developed for registration of producers and recyclers/ refurbishers, exchange of EPR certificates between producers and recyclers/ refurbishers and filing returns by producers and recyclers/ refurbishers. So far, 3664 producers and 442 recyclers have been registered under these rules. Producers have procured EPR certificates of 7.29 lakh Metric Tonnes of key battery metals from recyclers against the EPR target of 10.96 lakh Metric Tonnes.

EPR mechanism under Battery Waste Management Rules, 2022 recognise only EPR certificates generated by registered recyclers. The EPR mechanism encourages formalisation of informal sector to generate revenues from exchange of EPR certificates with producers, in addition to the revenue generated from sale of recycled materials.

To upgrade informal sector into formal value chain, a project on ‘Informal Sector Capacity Building Upgradation with formation of recycling clusters under the Scheme Micro & Small Enterprises Cluster Development (MSE-CDP) of MSME’ has been initiated by MeitY.

MeitY has transferred the cost-effective Li-ion battery recycling technology indigenously developed by Centre for Material for Electronics Technology (C-MET) to several recycling industries and start-ups as part of Mission LiFE under ‘Promote circularity campaign’.

The Government has approved the PLI-ACC scheme ‘National Programme on Advanced Chemistry Cell (ACC) Battery Storage’ in May 2021, with an outlay of Rs. 18,100 Crore for 50 GWh ACC capacity.

This initiative has acted as a catalyst for Indian cell manufacturers to setup a cell manufacturing unit. Apart from the PLI beneficiaries, more than 10 companies have announced setting up cell manufacturing unit for more than 100 GWh additional capacity.

Further, MoEF&CC facilitated the signing of Memorandum of Understanding between CSIR laboratories and recycler organisations on 10th December, 2024, to facilitate technology transfer and technical support to establish state-of-the-art recycling infrastructure, support domestic waste recycling, and secure critical mineral supplies through advanced recycling processes.

This information was provided by UNION MINISTER OF STATE FOR ENVIRONMENT, FOREST AND CLIMATE CHANGE, SHRI KIRTI VARDHAN SINGH, in a written reply to a question in Rajya Sabha today.

In Detail : MANILA, PHILIPPINES — The Asian Development Bank (ADB) has approved a financing package for the Reko Diq copper-gold mine in Pakistan. The project will help meet rising global demand for critical minerals and unlock transformative economic development and poverty reduction in the nation.

“Reko Diq will help the critical minerals supply chain, while advancing the clean energy transition and driving digital innovation across the region and beyond,” said ADB President Masato Kanda. “ADB’s support is also a game-changer for Pakistan, creating quality jobs and underpinning the nation’s transition toward a more resilient and diversified economy.”

ADB is one of several agencies funding the first phase of Reko Diq, with an innovative financing package that will help unlock greater private capital by derisking this investment. ADB’s contribution consists of up to $300 million in senior loans to the Reko Diq Mining Company Private Limited (RDMC), which owns the mine, and a $110 million partial credit guarantee to cover the equity component of the Government of Balochistan. Financing for the project will be the largest foreign direct investment in Pakistan’s history.

When fully complete, Reko Diq is expected to be the world’s fifth largest copper mine. In the first phase, the mine will produce on average 800,000 tons of copper concentrate per annum and play a key role in addressing the projected global copper shortfall. Copper, a critical mineral for energy transition and digital transformation, is essential to the global production of renewable energy technologies, electric vehicles, batteries, smartphones, and data centers.

Located in the Chagai district of Balochistan—Pakistan’s least developed province—the Reko Diq copper-gold mine is expected to have a significant impact on the economy. It will create thousands of jobs, stimulate regional economic growth, and support social development programs in healthcare and education, including targeted initiatives for communities, especially women.

RDMC is a joint venture designed to ensure equitable benefit-sharing. Barrick Mining Corporation, which will build and operate the mine, owns 50% of RDMC; the Government of Balochistan (through Balochistan Mineral Reserve Limited) owns 25%; and three federal state-owned enterprises together own 25%.

Work at the site, which involves building and operating the open pit mine and processing plant, began this year. The mine is being developed with robust environmental, social, and governance standards. It will start producing copper concentrate in late 2028 and is expected to operate for at least 37 years.

Reko Diq is the first mining project supported by ADB under its new Critical Minerals-to-Manufacturing Value Chains approach, designed to help Asia and the Pacific capitalize on rising demand for materials essential to clean energy and digital technologies. All projects will be subject to ADB’s strict environmental and social requirements, due diligence and rigorous impact assessments.

The approval by ADB’s Board of Directors authorizes ADB to proceed with finalizing the loan documentation and other requirements before the financing can be formally committed through signed agreements at a later date.

Since Pakistan became a founding member of ADB in 1966, the bank has committed more than $43 billion to promote inclusive growth and improve infrastructure, energy, transport, and social services.

ADB is a leading multilateral development bank supporting inclusive, resilient, and sustainable growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet. Founded in 1966, ADB is owned by 69 members—50 from the region.

In Detail : MANILA, PHILIPPINES — The Asian Development Bank (ADB) yesterday priced a $3 billion 5-year global benchmark bond, proceeds of which will be part of ADB’s ordinary capital resources.

“ADB issued its fourth US dollar global bond benchmark in 2025, strongly enabled by a broad and deep investor base that saw the 5-year transaction garner 2.7x over subscription,” said ADB Treasurer Tobias Hoschka. “We are very grateful to investors for their steadfast support of ADB.”

The 5-year bond, with a coupon rate of 3.750% per annum payable semi-annually and with a maturity date of 28 August 2030, was priced at 99.545% to yield 4.77 basis points over the 3.875% US Treasury notes due July 2030.

The transaction was lead-managed by Citigroup, Nomura, HSBC, and J.P. Morgan.

The issue achieved wide primary market distribution with 41% placed in Asia; 35% in Europe, Middle East, and Africa; and 24% in the Americas. By investor type, 59% went to central banks and official institutions, 28% to banks, and 13% to fund managers and other types of investors.

ADB plans to raise about $36 billion–$37 billion from the capital markets in 2025.

ADB is a leading multilateral development bank supporting inclusive, resilient, and sustainable growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet. Founded in 1966, ADB is owned by 69 members—50 from the region.

—

## **Snapshot Report – Post e-Reverse Auction (e-RA)**

**Project:** IFFCO, Kandla (1,00,000 MT Green Ammonia Plant)
**Scheme:** National Green Hydrogen Mission – **SIGHT Scheme (Mode-2A, Tranche-I)**
**RfS No.:** SECI/C\&P/MI/00/0002/2024-25
**RfS Date:** 07.06.2024
**Snapshot Date:** 20.08.2025

—

### Project Overview

* **Developer:** Indian Farmers Fertiliser Cooperative Limited (**IFFCO**)
* **Location:** Kandla, Gujarat
* **Capacity:** **1,00,000 Metric Tonnes (MT)** Green Ammonia (annual)
* **Purpose:** Supply of Green Ammonia under long-term agreement, aligned with GoI’s push for decarbonizing fertilizer sector

—

### Auction Process

* **Mode of Allocation:** e-Reverse Auction (e-RA) conducted by **SECI**
* **e-RA Date:** 20.08.2025
* **Stage:** Conducted after techno-commercial qualification and financial bid opening under Mode-2A (Tranche-I)

—

### Key Highlights

1. The project is among the **first large-scale green ammonia facilities** being tendered under the **SIGHT Scheme**.
2. The e-RA was specific to **supply of 1,00,000 MT per year** of Green Ammonia from IFFCO’s proposed Kandla facility.
3. Marks a **critical step in decarbonization of fertilizers** in India, aligning with the Government’s **National Green Hydrogen Mission (NGHM)** goals.
4. Final discovered tariff/ price (post e-RA) is expected to form the **benchmark for future Green Ammonia procurements** under the scheme.

—

### Timeline

* **RfS Issued:** 07.06.2024
* **e-RA Completed:** 20.08.2025 (snapshot issued same date)
* **Post-RA steps:** SECI to issue **Letter of Award (LoA)** and initiate **signing of agreements** with IFFCO for guaranteed supply

—

### Strategic Importance

* First-of-its-kind **commercial-scale Green Ammonia procurement** project in India.
* Supports India’s target to become a **global hub for Green Hydrogen and its derivatives**.
* Contributes to **energy transition in fertilizer sector**, reducing reliance on grey ammonia imports.

—

This document is essentially a **formal record of the auction outcome** and confirms successful completion of the **price discovery process** for the IFFCO Kandla Green Ammonia project.

—

For more information please see below link:

This is in reference to the “Request for Proposals for Selection of Contractor for Balance of System of 600 MW/1200 MWh BESS Project at Nandiyal, Andhra Pradesh (AC Package)” issued by SECI.

Pre-bid meeting for the RfP has been scheduled as per following details:

Date & Time: 28.08.2025 at 02:30 PM (IST).

Mode of meeting: Hybrid mode (Online-Offline mode)

Interested bidders are requested to fill up the following Google Form:

Google Form: https://forms.gle/Ft4DTFMSmVNbsoyV8

The online meeting will be conducted through video-conferencing on the Microsoft Teams Platform.

Invitations for the meeting will be sent out on 17.08.2025.

If you have any queries, please contact us at abhisekhsri@seci.co.in or swapnil.gandhi@seci.co.in.

Prospective bidders are requested to remain updated for any notices/ amendments/ clarifications etc. to the NIT documents through the websites www.seci.co.in and https://www.bharat-electronictender.com as no separate notification will be issued.

Tender Search Code (TSC) for the RfP in ISN-ETS: SECI-2025-TN000017

New Delhi –  The Energy and Resources Institute (TERI) hosted the 24th Darbari Seth Memorial Lecture in New Delhi today, themed ‘Green Infrastructure: Building a Sustainable Transport Future for India.’ As India advances its National Electric Mobility Mission and sustainable transport agenda, the institution strives to provide policy insights and solutions for green infrastructure development.

Instituted in 2002, the lecture series commemorates Mr Darbari S Seth, TERI’s visionary founder and pioneering technocrat-industrialist, whose leadership positioned TERI among the world’s foremost think tanks on sustainability and climate action. Over the years, it has featured eminent global leaders including Mr António Guterres, Secretary-General of the United Nations; N R Narayana Murthy; Sam Pitroda; Anand G Mahindra; Mukesh D Ambani; Kiran Mazumdar-Shaw; Arvind Subramanian; and Dr Fatih Birol.

The 24th Darbari Seth Memorial Lecture was delivered by Mr Ashish Khanna, Director General, International Solar Alliance (ISA), and presided over by Shri Nitin Gadkari, Hon’ble Minister of Road Transport and Highways, Government of India.

Reflecting on Shri Darbari Seth’s legacy and the institute’s origins during the oil crisis of the 1970s, Mr Nitin Desai, Chairman, TERI said, “Shri Darbari Seth’s farsighted response to the oil crisis laid the foundation for TERI. Looking at issues from a long-term perspective which addresses the root of the problem has stayed with the institute. TERI continues to focus on challenges through technology, policies, and other innovative measures.”

Mr Ashish Khanna, Director General, International Solar Alliance (ISA) underlined India’s leadership in sustainable mobility and solar-driven infrastructure as pathways to a low-carbon economy. “It is a singular honour to deliver the 24th Darbari Seth Memorial Lecture, held in memory of a true visionary, Mr Darbari Seth, whose vision for private sector innovation and sustainability continues to inspire generations. I am also privileged to share this platform with Shri Nitin Gadkari, Hon’ble Minister of Road Transport and Highways, whose leadership in advancing sustainable infrastructure is shaping India’s journey towards a greener and more resilient future. India’s innovation, institutions, and implementation capability are shaping sustainable infrastructure that can serve as replicable models for the Global South,” he emphasized.

In his Presidential Address, Shri Nitin Gadkari, Union Minister of Road Transport and Highways, stressed the centrality of rural empowerment and sustainable models in India’s energy future. “True progress lies in making our villages stronger than our cities. With 80 per cent of people still connected to agriculture, we must diversify farming towards energy and power, invest in water conservation, and harness technologies like AI for rural prosperity. Jal, jameen, and jungle must remain the pillars of our growth model. Ethics, economy, ecology, and environment must move together—only then can development generate employment, alleviate poverty, and inspire pride and self-reliance.” Highlighting India’s leadership in renewable energy, Shri Gadkari added, “Solar energy is the Sanjeevani Booti for our planet. And hydrogen is the fuel of the future. I drive a Toyota Mirai, which itself means ‘future’ in Japanese, because I believe hydrogen will transform mobility and energy. Today, hydrogen costs around 5 dollars per kilogram. If India can bring this down to 1 dollar per kilogram, we won’t just achieve energy independence, we can become a global exporter of clean energy.”

Concluding the event, Dr Vibha Dhawan, Director General, TERI, paid tribute to the institute’s founder and said, “The legacy of our Founder is not a monument of the past, but a compass for the future. It reminds us that the path for progress must be lit by the light of sustainability, guided by inclusivity, and strengthened by innovation.”

The programme also featured the felicitation of winners of the ‘TERI Roll of Honour’, the launch of Your City, Your Impact: Green Buildings for Sustainable Living by Dr Priyanka Kochhar, and recognition of TERI colleagues completing 10, 20, and 30 years of service.

About TERI

The Energy and Resources Institute (TERI), based in India, is an independent, multi-dimensional research organization with capabilities in policy research, technology development, and implementation. An innovator and agent of change in the energy, environment, climate change and sustainability space, TERI has pioneered conversations and action in these areas for nearly five decades. Headquartered in New Delhi, it has centres in six Indian cities, and is supported by a multi-disciplinary team of scientists, sociologists, economists, engineers, administrative professional and state-of-the-art infrastructure.

In Detail : Parliament has passed the Mines and Minerals Amendment Bill, marking a significant step towards strengthening India’s mining sector. The legislation is designed to bring greater transparency, attract more investment, and improve efficiency in mineral exploration and production. Lawmakers believe it will play a vital role in driving industrial growth.

The Bill opens avenues for private sector participation in the mining industry. By easing restrictions and allowing greater involvement of private players, the government aims to accelerate exploration of untapped mineral reserves. This is expected to generate more competition and innovation in the sector.

One of the key highlights of the amendment is the focus on critical minerals. These resources, essential for industries like renewable energy, electric vehicles, and electronics, are vital for India’s future. The reforms will help reduce dependence on imports and strengthen self-reliance.

The legislation also emphasizes environmental and social responsibility. While encouraging faster project clearances, it ensures that mining activities remain aligned with sustainability principles. This balance seeks to promote economic development without compromising ecological security.

Investors are expected to gain confidence from the streamlined procedures outlined in the Bill. By reducing bureaucratic hurdles, the government intends to create a more business-friendly climate. This move is likely to draw both domestic and foreign investment.

Experts believe the reforms could unlock significant untapped potential in India’s mineral sector. With modern technology and international expertise, large-scale exploration of unexplored regions may become feasible. This can expand India’s role in the global mining value chain.

The Bill also strengthens the framework for revenue sharing between states and the Centre. By ensuring equitable distribution, the legislation seeks to benefit local communities and encourage regional development. Mining states are expected to see improved resource mobilization.

Employment generation is another positive outcome anticipated from the amendment. Large-scale projects in mining and associated industries are likely to create new jobs. The multiplier effect could boost rural economies, particularly in resource-rich states.

With Parliament’s approval of the Mines and Minerals Amendment Bill, India is moving closer to unlocking its mineral wealth responsibly. The reforms are seen as a catalyst for industrial growth, clean energy transition, and economic resilience. Policymakers view it as a landmark step in reshaping the nation’s mining landscape.

For more information please see below link:

As part of this contract, Servotech will be responsible for the end-to-end execution of rooftop solar PV systems. This includes the design, manufacturing, supply, installation, testing, and commissioning of solar plants of varying capacities across multiple sites within the Jaipur Division. The initiative aligns with the Indian Railways’ ambitious sustainability agenda, which focuses on reducing dependency on conventional energy sources and significantly cutting carbon emissions through renewable energy integration.

Speaking on the achievement, Sarika Bhatia, Director, Servotech Renewable Power System Ltd. said, “We are honoured to receive this important 7.3 MW rooftop solar order from the Jaipur Division of the North Western Railway. The project reaffirms Servotech’s standing as a trusted and reliable partner in India’s renewable energy space. We remain deeply committed to offering cutting-edge solar solutions that not only meet but exceed performance expectations, contributing towards Indian Railways’ vision of sustainable and eco-friendly operations.”

This contract further solidifies Servotech’s expanding footprint in the public sector, underlining its expertise in handling large-scale solar projects with precision, efficiency, and world-class standards. With this win, Servotech continues to strengthen its mission of empowering India’s energy independence while contributing meaningfully to the nation’s transition toward a greener and more resilient future.

–Press Release Ends –

About Servotech Renewable Power System Limited (Formerly known as Servotech Power Systems Ltd.):

Servotech Renewable Power System Limited (Formerly known as Servotech Power Systems Ltd.) is an NSE-listed organization that develops tech-enabled EV Charging solutions leveraging their over two decades of experience and expertise in the electronics space. We offer an extensive range of AC and DC chargers which are compatible with different Electric Vehicles and serve multiple applications such as commercial and domestic. With our comprehensive engineering capabilities, we plan to play a pivotal role in developing India’s EV tech infrastructure. As a trusted brand with a strong pan-India presence, our legacy is marked by proven innovations and development of the advanced technologies.

—

## **Snapshot after e-RA – Project-IX (Coromandel International Ltd., Visakhapatnam)**

**Issued by:** Solar Energy Corporation of India Ltd. (SECI)
**Scheme:** SIGHT Scheme – Mode 2A (Tranche-I)
**RfS No.:** SECI/C\&P/MI/00/0002/2024-25
**Date of RfS:** 07 June 2024
**Date of e-RA:** 18 August 2025

—

### **Project Details**

* **Project Proponent:** Coromandel International Limited (CIL)
* **Location:** Visakhapatnam, Andhra Pradesh
* **Product:** Green Ammonia
* **Capacity:** 50,000 Metric Tonnes (MT)
* **Scheme Coverage:** Production and Supply of Green Ammonia in India under the National Green Hydrogen Mission (NGHM).

—

### **Process**

* The snapshot represents the outcome of the **electronic Reverse Auction (e-RA)** conducted on **18.08.2025**.
* Conducted as part of **RfS for Green Ammonia Production & Supply** under the SIGHT Scheme, Mode 2A, Tranche-I.

—

### **Outcome**

* Coromandel International Limited (CIL) successfully participated for allocation of **50,000 MT Green Ammonia capacity**.
* Results to be used by SECI in finalizing **Letter of Award (LoA)** and subsequent agreements.

—

For more information please see below link: