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News | Generation | IndiaPIB clears 1,720 MW Kamala hydropower project in Arunachal Pradesh
The Public Investment Board (PIB) has approved the 1,720 MW Kamala Hydroelectric Project to be developed in Arunachal Pradesh. The project is located on the Kamala River, a tributary of the Subansiri River, across Kamle, Kra Daadi, and Kurung Kumey districts. The project involves the construction of a 216 m high concrete gravity dam and…
Solarworld Energy’s PAT rises 56% in FY26 as BESS and solar EPC scale up
Solarworld Energy Solutions reported strong growth in revenue and profitability for the quarter and financial year ended March 31, 2026, supported by higher execution in its solar engineering, procurement and construction (EPC) business and expansion into battery energy storage systems (BESS). For FY26, total income rose 157% year-on-year to Rs 14,160.66 million from Rs 5,510.85…
FY26 results roundup: KPIL, KEC International, Power Grid, Premier Energies, Siemens Energy, SJVN, Oswal Pumps
Several companies across power infrastructure, engineering, procurement and construction (EPC), renewable energy, and hydropower reported their FY2025-26 financial results the previous week. Here is a summary of the key announcements. Kalpataru Projects International (KPIL) Kalpataru Projects International Limited reported its highest-ever annual performance in FY26, with consolidated revenue rising 22% year-on-year to Rs 27,143 crore….
India rejects Baku Finance Goal at COP29, calls it inequitable
The COP29 summit in Baku, Azerbaijan, concluded with the adoption of the Baku Finance Goal (BFG), which commits developed nations to mobilize $300 billion annually by 2035 and aims for $1.3 trillion in long-term climate finance for developing countries. The agreement also finalized Article 6 negotiations, enabling high-integrity carbon markets expected to generate $1 trillion…
India | Generation | NewsSECI awards 1,344 MW under pumped storage tender
The Solar Energy Corporation of India (SECI) has awarded 1,344 MW of pumped storage capacity under its 1,500 MW/12,000 MWh tender floated in December 2025. The tender sought developers to establish pumped storage projects (PSPs) and make storage capacity available to buying entities on an on-demand basis. Of the total capacity offered, 156 MW remained…
ISTS waiver extended for RE projects delayed by transmission gaps
The Ministry of Power issued an Office Memorandum on April 16, 2026, clarifying the conditions under which renewable energy (RE) projects can continue to avail the graded waiver of Inter-State Transmission System (ISTS) charges where commissioning has been delayed due to non-readiness of transmission infrastructure. The memorandum follows representations from RE developers seeking clarity on…
