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Kerala budget 2026-27 outlines energy investments and green hydrogen push
Kerala’s Finance Minister K.N. Balagopal has set out the state’s energy priorities in the 2026-27 budget, with funding for renewable energy, grid upgrades and new technologies such as green hydrogen. The proposals focus on improving energy efficiency, strengthening grid reliability and supporting long term economic growth through clean power. The budget allocates Rs 1,309.84 crore…
IREDA sanctions Rs 117.40 billion in Q1
The Indian Renewable Energy Development Agency (IREDA) has sanctioned Rs 117.40 billion in loans during the first quarter of FY26, marking a 29 per cent increase from Rs 91.36 billion in the same period last year. Loan disbursements also rose by 31 per cent year-on-year to Rs 69.81 billion. IREDA’s outstanding loan book stood at…
Bank of Baroda launches India’s first domestic green infrastructure bond
Bank of Baroda has raised Rs 10,000 crore through the issuance of green infrastructure bonds in the domestic market, becoming the first Indian bank to undertake such an issuance. The bonds are aimed at financing renewable energy and other eligible sustainable infrastructure projects. The bank issued Series I Long-Term Green Infrastructure Bonds with a tenure…
Pace Digitek subsidiary wins USD 1.35 million mobile BESS order
Pace Digitek Limited has informed stock exchanges that its material subsidiary, Lineage Power Private Limited, has secured a purchase order valued at USD 1,346,210 from an international client for mobile battery energy storage systems. In a regulatory filing dated February 18, 2026, the company stated that the order was issued by Yaqin Chem under purchase…
GE Vernova secures first H-Class natural gas order in Dominican Republic
GE Vernova has secured its first order for H-Class natural gas-fired combined cycle power generation equipment in the Caribbean. The equipment will be deployed at Generadora San Felipe Limited’s (GSF) new 470 MW San Felipe power station in Punta Caucedo, Boca Chica, Dominican Republic. This development supports the country’s energy transition goals by enhancing renewable…
KEC International secures Rs 1,102 crore in new orders
KEC International Ltd., an RPG Group infrastructure EPC company, has won new orders worth Rs 1,102 crore across its businesses. In the civil segment, KEC secured a contract for civil and structural works for a 150 MW thermal power plant in India. Its Transmission & Distribution (T&D) business received orders for towers, hardware, and poles…
