PFC Consulting Limited (PFCCL), a wholly-owned subsidiary of Power Finance Corporation Limited (PFC), has incorporated a Special Purpose Vehicle (SPV) for the development of a 5×500 MVA, 400/220 kV substation at Benachigere in Tumkur District, Karnataka, along with associated transmission lines. The SPV has been incorporated as a wholly-owned subsidiary of PFCCL to facilitate development…
The National Committee on Transmission (NCT) has approved a Rs 4,378 crore transmission scheme to strengthen voltage stability and short-circuit strength across the Northern Region through the deployment of Static Synchronous Compensators (STATCOMs) and bus reactors. The scheme, identified as “Static/Dynamic compensation requirement in the Northern Region Grid,” follows concerns raised by Grid Controller of…
AMPIN Solar ONE, the joint venture between AMPIN Energy Transition and Jupiter International Limited, has commenced commercial solar cell manufacturing at its integrated facility in Bhubaneswar, marking the production of its first solar cell. The facility is Odisha’s first solar cell manufacturing unit and has been established under the Government of India’s Production Linked Incentive…
India has nearly 47 GW of Battery Energy Storage System (BESS) capacity at various stages of development as the country expands energy storage infrastructure to integrate growing renewable energy capacity, meet peak electricity demand and support grid reliability. As of June 30, 2026, nearly 16 GW of BESS capacity was under construction, around 12 GW…
Shyam Sel and Power Limited, a wholly owned subsidiary of Shyam Metals and Energy Limited, has commissioned an 8.90 MWp captive solar power project at its manufacturing plant in Jamuria, West Bengal. The project has been developed through a combination of Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) models. Of the total capacity, 4.60 MWp…
Hisun Green Power is a renewable-energy and clean-tech company founded in 2023 with headquarters in Bengaluru, Karnataka, and a corporate office in Hyderabad, Telangana. It provides sustainable engineering, procurement, and construction (EPC) solutions, focusing on solar and wind energy, power transmission, and electrical infrastructure to support a low-carbon future. The featured photograph is for representation…
Suzlon Energy Limited reported a consolidated net profit of Rs 305 crore for the quarter ended June 30, 2026, down 6% from Rs 324 crore in the corresponding quarter of the previous fiscal year, even as revenue from operations increased 22.5% year-on-year to Rs 3,819 crore. Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) stood…
Hindalco Industries has submitted a formal proposal to Nuclear Power Corporation of India Limited (NPCIL) to set up 220 MW Bharat Small Reactors under a captive model, becoming the only company among the private industrial players that had expressed interest to move forward with a concrete bid. Tata Power, Reliance Industries, Jindal Steel, JSW Energy…
The Ministry of Power, Government of India, has extended the tenure of Shri Gurdeep Singh as Chairman & Managing Director (CMD) of NTPC Limited for a further six months from August 1, 2026. His current tenure was scheduled to conclude on July 31, 2026. The Ministry of Power, through a letter dated July 28, 2026,…
Larsen & Toubro (L&T), in consortium with Hitachi Energy, has entered into a Framework Cooperation Agreement (FCA) with TenneT covering six projects in principle and future opportunities under TenneT’s 2-GW High Voltage Direct Current (HVDC) programme for offshore wind integration. The framework is intended to support large-scale integration of offshore renewable energy into European power…