Adani Power appoints Puneet Bansal as company secretary
Author: PPD Team Date: March 18, 2026
Author: PPD Team Date: March 18, 2026
Adani Power Limited has informed the BSE and NSE that Puneet Bansal will take over as Company Secretary and Compliance Officer from April 1, 2026, succeeding Deepak S Pandya, who will retire at the close of business on March 31, 2026.
Pandya joined Adani Power in August 2015 and has served in the role for over a decade.
Bansal brings more than 30 years of experience in corporate governance, mergers and acquisitions (M&A), and enterprise risk management. He joined the Adani Group in 2021 as Group Head for Governance and Secretarial, overseeing compliance across listed and unlisted entities. Earlier, he held Company Secretary and General Counsel positions at Pidilite Industries, Grasim Industries, KPIT Infosystems, and the RP Goenka Group.
The appointment represents an internal succession. For a listed company with significant regulatory oversight, continuity through a senior group executive supports stability in compliance and governance functions.
Author: PPD Team Date: August 21, 2025 ACME Cleantech Solutions has secured Solar Energy Corporation of India’s latest green ammonia auction under the Strategic Interventions for Green Hydrogen Transition Programme (Mode-2A–Tranche-I). The company will supply 50,000 tonnes per year of green ammonia to Coromandel International Limited in Vishakapatnam, Andhra Pradesh, for 10 years at a tariff of Rs 51.89 per kg. This auction is the seventh in a planned series of 13 tenders for green…
Author: PPD Team Date: June 25, 2025 Tamil Nadu Green Energy Corporation Ltd (TNGECL) has awarded 1 GWh of battery energy storage system (BESS) capacity under a competitive tender floated in March 2025. NLC India Renewables Ltd (NIRL), a wholly owned subsidiary of NLC India Ltd, secured the largest share—250 MW / 500 MWh—across three sites: Ottapidaram, Annpankulam, and Kayathar. This is NLCIL’s first large-scale grid-connected BESS project. The systems will provide two full charge-discharge…
Author: PPD Team Date: September 12, 2025 Prostarm Info Systems Limited has incorporated a wholly owned subsidiary, Prostarm Karnataka BESS Private Limited, as a special purpose vehicle (SPV) to develop a 150 MW/300 MWh standalone battery energy storage system (BESS) at the 400 kV Doni substation in Karnataka. The project will be implemented under the tariff-based competitive bidding route on a build-own-operate basis. The SPV is headquartered in Maharashtra. In August 2025, Prostarm won Karnataka…
Author: PPD Team Date: May 23, 2025 The Central Electricity Regulatory Commission (CERC) has issued draft guidelines for Virtual Power Purchase Agreements (VPPAs). These agreements are designed to help large electricity consumers meet renewable energy targets without taking physical delivery of power. VPPAs are a type of bilateral, non-tradable, non-transferable contract between a consumer or designated consumer and a renewable energy (RE) generator. The consumer pays a fixed VPPA price to the generator, who then…
Author: PPD Team Date: May 27, 2025 Smart energy firm GridBeyond has partnered with ABB to launch a battery energy storage system-as-a-service (BESS-as-a-service) model, targeting commercial and industrial (C&I) customers. The offering will allow businesses to access energy storage solutions with no upfront capital investment. The move builds on ABB’s 2024 strategic investment in GridBeyond and combines ABB’s electrification and automation capabilities with GridBeyond’s AI-based energy optimisation platform. The system aims to lower energy costs,…
Author: PPD Team Date: August 12, 2025 Larsen & Toubro has received an order from Adani Power Limited to construct eight thermal power units, each with a capacity of 800 MW, adding a total of 6,400 MW of generation capacity. The contract, categorised by L&T as an “ultra-mega” order, is valued at over Rs 15,000 crore. It will be carried out by L&T Energy – CarbonLite Solutions, the company’s business arm for advanced power and…