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India Energy Stack Taskforce releases version 0.3 framework
The India Energy Stack (IES) Taskforce under the Ministry of Power has released Version 0.3 of its strategy and architecture documents, setting out the next phase of work to develop a unified digital public infrastructure for India’s power sector. The IES project is scheduled for completion by July 2026. The IES initiative seeks to create…
Powergrid orders five ERS tower sets under national restoration plan
Power Grid Corporation of India Limited (Powergrid) has awarded a contract for the procurement of five Emergency Restoration System (ERS) tower sets at a cost of about Rs 17 crore each. The towers are scheduled for delivery by April 2027. The procurement was disclosed during the 239th Operation Coordination Sub-Committee (OCC) meeting of the North…
India | Generation | NewsCoal India, DVC form JV to enter power generation
Coal India Limited (CIL), the state-owned Maharatna mining company, has incorporated a joint venture with Damodar Valley Corporation (DVC) to foray into the power generation business. The new entity, DVC CIL Power Private Limited, was incorporated on March 27, 2026, and has been allotted Corporate Identification Number (CIN) U35102WB2026PTC287644 by the Ministry of Corporate Affairs….
Sebi uncovers Rs 173 crore insider trading in IEX shares
The Securities and Exchange Board of India (Sebi) has uncovered insider trading worth over Rs 173 crore in shares of the Indian Energy Exchange (IEX) and barred eight people from the market after search operations last month. Sebi found that confidential details from Central Electricity Regulatory Commission (CERC) meetings on market coupling were leaked and…
India | Leadership | NewsPFC appoints Rajesh Kumar Agarwal as Director (Finance) and CFO
The Board of Directors of Power Finance Corporation Limited (PFC) has appointed Shri Rajesh Kumar Agarwal as Director (Finance) on its Board, effective April 23, 2026. He has also been designated as the Chief Financial Officer (CFO) from the same date. The appointment follows an earlier intimation issued on April 23, 2026, confirming that Shri…
India hits 658 MU solar output, 238 GW peak demand in March
The National Load Despatch Centre (NLDC), a division of Grid Controller of India Limited, has released its monthly operational performance report for March 2026, recording new highs in both solar generation and peak electricity demand while maintaining stable grid operations. The Indian power grid registered an all-time high solar generation of 658 million units (MU)…
