Stay updated with the latest news & trends in the power sector.
TARIL wins Rs 53 crore HVDC transformer order from Power Grid
Transformers and Rectifiers India Limited (TARIL) has disclosed a domestic contract valued at Rs 53.33 crore from Power Grid Corporation of India Limited. The order covers work on a 397 MVA HVDC Converter Transformer. TARIL notified BSE and NSE on 04 December 2025. The disclosure states that Power Grid has awarded work for repair, erection, testing, and commissioning of a 397 MVA HVDC Converter Transformer and associated tasks. Delivery of transformers is scheduled for the...
MSEDCL issues guidelines for smart meter installation for HT consumers
Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) has issued guidelines for installing smart meters at specific HT metering points. The directive defines where smart meters are required, lists exemptions, and sets a three day timeline for certain replacements. The directive states that all HT billing meters with ABT and Net Metering facilities, including Open Access ABT meters, need to be replaced with smart meters of the same accuracy class. Associated check meters are excluded. These...
UGVCL issues uniform method for banking charge and setoff calculations
Uttar Gujarat Vij Company Limited (UGVCL) has directed all circle offices to follow a uniform method for calculating banking charges and energy setoff for captive and third-party sale solar projects. The instruction defines a fixed calculation sequence for net payable units and includes an illustrative example to guide implementation. The directive states that the methodology needs to remain uniform across DISCOMs. It cites the Gujarat Electricity Regulatory Commission Tariff Order No. 6 of 2024 on...
International Geothermal Standard Committee launched in Beijing
The International Geothermal Standard Committee was established on 26 November in Beijing, with Sinopec hosting its permanent Secretariat. Formed by the International Geothermal Association, the committee brings together 30 experts from 15 countries to advance unified global geothermal standards. The group adopted its Standard Development Procedures and the 2025–2027 Work Programme. It will develop a complete standards framework covering district heating, drilling and completion, power generation, reservoir engineering, resource exploration and evaluation, and shallow geothermal...
Apraava Energy secures Rs 800 crore for AMI expansion
Apraava Energy has raised Rs 800.9 crore from British International Investment (BII) and Standard Chartered to expand its Advanced Metering Infrastructure (AMI) portfolio. The company signed a Rs 400.5 crore agreement with BII and a Rs 400.4 crore agreement with Standard Chartered. The funding supports Apraava’s smart metering rollout under the Revamped Distribution Sector Scheme (RDSS). India plans to install 250 million smart meters by 2026 to cut losses and improve distribution efficiency. Apraava aims...
Insolation Green wins Rs 5.16 billion solar module supply orders
Insolation Green Energy, a wholly owned subsidiary of Insolation Energy, has received two solar PV module supply orders with a combined value of about Rs 5.16 billion. The first is a Rs 3.57 billion purchase order for n-type TOPCon modules from a private sector power producer. The company has also secured orders worth about Rs 1.59 billion to supply modules for projects under the Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan scheme. These projects...
Telangana clears plan to procure 3 GW solar over five years
Telangana has approved the procurement of 3 GW of solar power over the next five years to support renewable energy integration and meet its Renewable Consumption Obligation under the Telangana Clean and Green Energy Policy, 2025. The process will run through competitive bidding overseen by the Telangana Green Power Procurement Coordination Committee. The state identified a large gap in its RCO trajectory. Analysis shows that Telangana needs another 12,000 MW of renewable capacity by 2030....
Websol signs MoU with Linton Crystal for PV ingot and wafer plan
Websol Energy System has entered an MoU with Linton Crystal Technologies to assess PV ingot and wafer manufacturing in India. The plan includes the purchase of ingot and wafer production equipment from Linton and the transfer of technical support and training to Websol’s team. The collaboration aims to lower dependence on imported ingots and wafers and improve local manufacturing capability. Linton will guide equipment operations and help optimise related processes. Linton Crystal Technologies is based...
BNC Power wins NTPC switchyard package for Gadarwara Stage II
BNC Power Projects Limited has received three contracts from NTPC for the switchyard package of the 2×800 MW Gadarwara super thermal power project, stage II in Madhya Pradesh. The combined value is about Rs 4.06 billion. The first order is valued at Rs 1.09 billion and covers ex works supply of equipment, materials, and mandatory spares. The second order is priced at Rs 743 million and includes inland transport, transit insurance, installation, testing, and commissioning....
IndiGrid to acquire Gadag Transmission Limited for Rs 372 crore
IndiGrid has signed definitive agreements to acquire Gadag Transmission Limited (GTL), an ISTS project in Karnataka, for an enterprise value of about Rs 372 crore. The deal excludes net working capital and cash adjustments and includes an earn out linked to Change In Law, availability, and bilateral billing, payable only if recovered. GTL is a BOOM asset developed as the first phase of a scheme to evacuate about 2,500 MW of solar power from the...
HG Infra subsidiary signs BESPA with GUVNL for 300 MW BESS project
H.G. Choraniya Bess, a subsidiary of HG Infra Engineering, has signed a battery energy storage purchase agreement with Gujarat Urja Vikas Nigam Limited for a 300 MW/600 MWh BESS project. The company secured this capacity in GUVNL’s Phase VI auction for 500 MW/1,000 MWh of BESS held in April 2025. The project will be executed on a build own operate basis. The project is expected to be completed within 24 months. The estimated cost is...
ADB approves USD 650 million loan for India’s rooftop solar program
ADB has approved a USD 650 million policy-based loan to support India’s plan to expand rooftop solar and deliver clean, affordable electricity to 10 million households by 2027. The funding is part of Subprogram 1 of the Accelerating Affordable and Inclusive Rooftop Solar Systems Development Program, which is linked to the Pradhan Mantri Surya Ghar Muft Bijli Yojana. ADB Country Director for India Mio Oka said the initiative addresses financing and regulatory hurdles that have...
IEX records 17.7% rise in November power trade and IGX clears IPO move
Indian Energy Exchange Limited reported a 17.7 per cent year-on-year rise in electricity trading volumes in November 2025, with total transactions reaching 11,409 MU. The company also confirmed that Indian Gas Exchange Limited has secured board approval to begin its IPO process. IEX saw varied performance across its market segments. The Day Ahead Market recorded 5,668 MU, which was a slight 0.3 per cent increase from a year earlier. The Real Time Market reached 4,233...
NHPC synchronises 250 MW Unit 2 of Subansiri Lower HEP with the national grid
NHPC Limited has achieved test synchronisation of the 250 MW Unit 2 of the 2,000 MW Subansiri Lower Hydroelectric Project with the national grid on 2 December 2025. The company expects the commercial operation date for Unit 2 by this month. The synchronisation marks a key step in the phased commissioning of the eight-unit project. NHPC leadership, including CMD Bhupender Gupta, Government Nominee Director Mohammad Afzal, directors from personnel, projects, technical and finance, independent directors...
Pace Digitek subsidiary wins Rs 997 million BESS supply contract
Pace Digitek Limited said its material subsidiary Lineage Power Private Limited has secured a Rs 997.10 million contract from Advait Greenergy Private Limited for an LFP Battery Energy Storage System and associated equipment. Lineage Power received the domestic order on December 03, 2025. The scope covers the supply of an LFP Battery Energy Storage System. The delivery plan requires the first 50 per cent of the BESS DC blocks to reach the buyer by March...
Vikram Solar names Arun Mittal as CEO of VSL Powerhive
Vikram Solar Limited has named Arun Mittal as the CEO of its wholly owned subsidiary VSL Powerhive Private Limited. The appointment strengthens the company’s entry into the energy storage market at a time when its solar manufacturing capacity has reached 9.5 GW. VSL Powerhive has been set up to focus on battery energy storage systems as part of Vikram Solar’s plan to operate as an integrated energy transition company. Mittal brings more than three decades...
TEPCO seeks approval to revive world’s largest nuclear plant
A regional assembly in Japan has opened discussions on a partial restart of the Kashiwazaki-Kariwa Nuclear Power Plant, which has been offline since the 2011 Fukushima disaster. Tokyo Electric Power Co. (TEPCO), which operates both sites, is seeking approval to bring Unit 6 back online to support Japan’s energy security strategy. The plant sits about 300 kilometres north of Tokyo in the coastal areas of Kashiwazaki city and Kariwa village. TEPCO President Tomiaki Kobayakawa said...
APTRANSCO awards 1,000 MW BESS tender with VGF support
The Transmission Corporation of Andhra Pradesh Limited (APTRANSCO) has announced the winners of its VGF tender for 1,000 MW and 2,000 MWh standalone BESS projects. The tender was issued in August 2025 under a single-stage, two-envelope system that required both technical and financial bids. SVR Electro Projects secured 25 MW and 50 MWh at a tariff of Rs 148,000 per MW per month. Ecoren Energy won 275 MW and 550 MWh, Bhagwati Group took 75...
Envision Energy India wins 300 MW wind turbine order
Envision Energy India has received a 300 MW wind turbine order from UPC Renewables India for upcoming projects in Karnataka. The order covers 60 wind turbine generators for installation at the Bijapur site. The first phase totals 100 MW and includes 20 turbines scheduled for delivery early next year. This phase is tied to a power supply agreement with SJVN Limited and is planned to begin operations in January 2027. Once all 60 turbines are...
SWREL reports its largest domestic solar EPC win of the fiscal year
Sterling and Wilson Renewable Energy Limited has reported major new orders and a strategic partnership with Adani Green Energy Limited. The company shared the update through a press release on 01 December 2025 and said the development strengthens its position in India’s renewable energy EPC market. SWREL stated that it has received orders worth about Rs 1,381 crore, excluding taxes, for the Balance of System package for three solar projects in the Khavda Renewable Energy...
Daily snapshot of key news and trends in the power sector.
Power Sector News Roundup for December 4, 2025
India Vikram Solar names Arun Mittal as CEO of VSL Powerhive Vikram Solar has appointed Arun Mittal as CEO of VSL Powerhive Private Limited to support its entry into the energy storage market as module capacity reaches 9.5 GW. VSL Powerhive will focus on battery storage as part of the company’s plan to operate as an integrated energy transition firm. Mittal brings more than thirty years of experience from Exide Industries and Lohum Cleantech.Vikram Solar...
Power Sector News Roundup for December 3, 2025
India Adani Green forms two new renewable energy subsidiaries Adani Green Energy has created two wholly owned subsidiaries to support its expansion in renewable power. Urjasetu Renewables and Hydrobloom Power were incorporated on 02 December 2025 under Adani Renewable Energy Holding Eleven. Each entity has authorised and paid up capital of Rs 1,00,000 and neither has started operations. Both will undertake power generation and related activities using renewable sources and are fully held by AREH11L....
Power Sector News Roundup for December 2, 2025
India Telangana outlines net zero roadmap for 2047 Telangana has set out a detailed plan to reach net zero emissions by 2047 under the Telangana Rising 2047 vision. The strategy links climate goals with the state’s plan to become a USD 3 trillion economy and calls for major investments in renewable energy, industrial decarbonization, electric transport, and sustainable agriculture. The state has 11,399 MW of renewable capacity and plans to add 20,000 MW by 2030,...
Power Sector News Roundup for December 1, 2025
India: MNRE proposes higher efficiency norms for ALMM solar modules The Ministry of New and Renewable Energy has issued a draft plan to raise minimum efficiency levels for solar PV modules listed under the Approved List of Models and Manufacturers. The proposal introduces phased standards from January 1, 2027 and tighter levels from January 1, 2028. Category I utility scale c Si modules would need 21.0 percent in 2027 and 21.5 percent in 2028, while...
Power Sector News Roundup for November 28, 2025
India Laser Power & Infra secures Rs 836 crore order under RDSS Laser Power and Infra Ltd has received three orders worth Rs 836 crore under the Revamped Distribution Sector Scheme. NTPC and two state discoms placed the mandates for work in Uttar Pradesh, Jammu and Kashmir, and Rajasthan. The largest order of Rs 422.11 crore came from Kanpur Electricity Supply Company. NTPC awarded a Rs 212.06 crore project for the Udhampur and Reasi circles....
Power Sector News Roundup for November 27, 2025
India Pace Digitek subsidiary wins BESS order for Bihar power project Lineage Power Private Limited, a material subsidiary of Pace Digitek Limited, has secured a BESS order from Larsen and Toubro Construction for the Bihar State Power Generation Company Limited project in Kajra. The contract includes LiFePo4 liquid cooling BESS containers valued at Rs 1,994.20 million. It covers 55 units with a total capacity of 275,825 kWh, with manufacturing clearance expected by December 2025 and...
Power Sector News Roundup for November 26, 2025
India ACME Solar signs PPA with SECI for 200 MW solar ESS project ACME Solar’s subsidiary has signed a 200 MW solar and storage PPA with SECI at a tariff of Rs 3.42 per kWh. The PPA will run for 25 years and aims to supply power during solar and peak hours. It completes ACME’s 350 MW award from July 2024. The company now has PPAs covering 5.38 GW with 2,934 MW operational and 4,456...
Power Sector News Roundup for November 25, 2025
India Adani Green Energy sets up two new hydro energy subsidiaries Adani Green Energy Limited has set up two step down subsidiaries to expand its renewable portfolio. Adani Hydro Energy Thirteen Limited and Adani Hydro Energy Sixteen Limited were incorporated on 21 November 2025 and are fully owned by Adani Saur Urja KA Limited. AGEL informed the exchanges on the same date. The entities will focus on renewable generation and related activities across wind, solar...
Power Sector News Roundup for November 24, 2025
India REMC awards 1 GW RTC tender at uniform tariff of Rs 4.35 per kWh REMC Limited has awarded its 1 GW round the clock renewable energy tender at a uniform tariff of Rs 4.35 per kWh. The bidding process started in August 2025 and drew nine participants. ACME Solar Holdings secured the full 1,000 MW. ReNew Power and Bhalki Solar Power won 200 MW each, while Purvah Green Power received 180 MW, Jindal Green...
Power Sector News Roundup for November 21, 2025
India Uttar Pradesh releases long term energy and renewable roadmap for 2047 Uttar Pradesh has issued its Energy and Renewable Vision 2047 with a target to meet 40 to 50 percent of its energy demand from renewable sources by 2047. The plan focuses on clean, reliable, and affordable power. It proposes new solar parks, floating solar projects, hybrid systems, and bioenergy units, along with wider EV charging and advanced storage. It also highlights decentralized supply,...
Power Sector News Roundup for November 20, 2025
India NREDCAP announces allocation from 1.2 GW rooftop solar auction NREDCAP has announced the results of its 1.2 GW rooftop solar auction under the PM Surya Ghar programme. Twenty two firms received capacity across multiple segments. Sree Sai Electronics secured 12.07 MW, VSA Infra Projects secured 13.5 MW, and Sunworks Energy secured 13.6 MW. Junna Solar Systems won 16.18 MW, Brihaspathi Technologies won 17.86 MW, and Surya Cons received 60.2 MW. Crompton Greaves Consumer Electricals...
Power Sector News Roundup for November 19, 2025
India Tata Power commissions NHPC’s 300 MW solar project in Rajasthan Tata Power Renewable Energy Limited has completed NHPC Limited 450 MWp DC or 300 MW AC solar project at Karnisar Bhatiyan in Bikaner. The company executed the work as the EPC contractor and brought the project online after two and a half years. The project uses DCR compliant modules and supplies all power to Punjab State Power Corporation Limited. It is expected to generate...
Power Sector News Roundup for November 18, 2025
India CEA pushes national standard for DT design and maintenance The Central Electricity Authority held a meeting to push national standardisation of distribution transformer design and maintenance. Officials noted that failure rates average about 10 per cent, which equals nearly 1.3 million failures each year. Performance varies sharply across states, with some northern utilities above 20 per cent while Tata Power DDL and CESC operate below 0.5 per cent. IEEMA said moisture ingress accounts for...
Power Sector News Roundup for November 17, 2025
India Adani unit takes charge of Rajasthan Part I HVDC project AESL Projects Limited has taken over all responsibilities for the Rajasthan Part I Power Transmission Limited HVDC project through a novation agreement signed on November 14, 2025. The move transfers all rights and duties for the link that will move renewable energy from Rajasthan and Uttar Pradesh to the Adani Energy Solutions subsidiary. The project covers the design and execution of an HVDC link...
Power Sector News Roundup for November 14, 2025
India CEA issues guidelines for tariff bidding in WTE projects The Central Electricity Authority has released guidelines under Section 63 of the Electricity Act 2003 for tariff-based competitive bidding to procure power from new grid-connected Waste to Energy projects. The rules set a uniform process for procurement and apply only to projects that use commercially proven technologies. They define the responsibilities of the implementing agency, the developer, and the procurer. The bidding process will follow...
Power Sector News Roundup for November 13, 2025
India PXIL appoints Vivek Singla as Managing Director and CEO Power Exchange India Limited has appointed Vivek Singla as its Managing Director and Chief Executive Officer. Singla has over 35 years of experience in the power sector, covering generation, transmission, distribution, renewables, and green hydrogen. An alumnus of Delhi Institute of Technology, FMS Delhi University, and ISB Hyderabad, he is known for leadership in business transformation and deal structuring. Before joining PXIL, he served as...
Power Sector News Roundup for November 12, 2025
India ReNew Energy net profit declines 5%, Torrent Power and others post strong Q2 growth ReNew Energy reported a 5.3% year-on-year decline in consolidated net profit to Rs 467.5 crore for Q2 FY26, compared to Rs 493.9 crore a year earlier, even as total income increased to Rs 3,855.7 crore from Rs 2,988.7 crore, driven by higher revenue across segments. The company’s solar module and cell manufacturing business contributed Rs 1,012.8 crore during the quarter....
Power Sector News Roundup for November 11, 2025
India Waaree Renewable Technologies expands EPC contract by Rs 27.22 crore Waaree Renewable Technologies Ltd. has expanded the value of its existing engineering, procurement, and construction (EPC) contract for a 980 MWp / 700 MWac solar project by Rs 27.22 crore. The company received formal confirmation of the enhancement on November 10, 2025. With this revision, the total contract value now stands at Rs 1,017.82 crore, including taxes. The scope expansion applies to an ongoing...
Power Sector News Roundup for November 10, 2025
India PFC, Schneider Electric, and KPI Green announce Q2 FY2025-26 results Power Finance Corporation (PFC) reported a consolidated net profit of Rs 44.60 billion for Q2 FY2025-26, up 2.06% from Rs 43.70 billion a year earlier. Revenue rose 11.82% to Rs 147.60 billion, supported by loan book expansion and cost efficiency. The results were approved by the board on November 7, 2025. Schneider Electric India’s net profit declined 3.5% year-on-year to Rs 52.3 crore, though...
Power Sector News Roundup for November 7, 2025
India BHEL secures Rs 6,650 crore EPC order for Darlipali Stage-II project Bharat Heavy Electricals Limited (BHEL) has secured an engineering, procurement, and construction (EPC) order worth over Rs 6,650 crore from NTPC Limited for the 1×800 MW Darlipali Supercritical Thermal Power Project Stage-II in Odisha. The contract, awarded through international competitive bidding, covers design, engineering, equipment supply, erection, commissioning, and civil works. Completion is scheduled within 48 months. Pahal Solar announces 112 MW solar...
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