Finance

Updates on investments, project funding, tariffs, mergers and acquisitions, and financial performance across the power and renewable energy industry. This category tracks capital flows, lending trends, market valuations, and economic factors influencing energy infrastructure and sector growth.

India | Finance | News

IEX reports higher power trade volumes in Q3 FY 2026 with softer prices
By January 6, 2026January 6, 2026

Indian Energy Exchange Limited (IEX) has released its operational performance metrics for the nine months ending December 2025 (9MFY’26), the third quarter of fiscal year 2026 (Q3FY’26), and the month of December 2025. The data indicates consistent growth in traded volumes across several key market segments, alongside a general moderation in average clearing prices year-on-year. Overall Performance Highlights For the first nine months of FY’26, IEX reported a total electricity traded volume of 101.68 billion…

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India | Finance | News

KSEBL approves Rs 648 crore capex plan
By December 31, 2025December 31, 2025

The Kerala State Electricity Board Limited (KSEBL) has approved a capital expenditure plan of Rs 647.8 crore for the 2026-27 financial year. The plan focuses on strengthening transmission and distribution networks, supporting energy storage development, and expanding smart metering and electric vehicle charging infrastructure. KSEBL has allocated Rs 117.5 crore for transmission works and Rs 166.9 crore for distribution upgrades. Within the transmission segment, Rs 598.75 crore has been assigned to the ongoing TransGrid 2.0…

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India | Finance | News

Tata Power raises Rs 2,000 crore via NCDs, launches energy research lab
By December 22, 2025December 22, 2025

Tata Power Company Limited has reported two developments to the stock exchanges on 19 December 2025. The company confirmed the allotment of Rs 2,000 crore through non-convertible debentures and announced the launch of a research and innovation lab in collaboration with global academic institutions. In a regulatory filing, Tata Power said it has allotted Unsecured, Senior, Redeemable, Rated, Listed, Taxable, Non-cumulative Non-Convertible Debentures NCDs aggregating to Rs 2,000 crore on a private placement basis. The…

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India | Finance | News

Tata Power completes third tranche for 40 per cent stake in KHPL
By December 19, 2025December 19, 2025

The Tata Power Company Limited announced on December 18, 2025, that it has completed the third tranche of its investment to acquire a 40 per cent equity stake in Khorlochhu Hydro Power Limited (KHPL). The company invested Rs 64 crore in this tranche, taking its total commitment towards the transaction to approximately Rs 830 crore. The investment completes Tata Power’s commitment under the previously executed Share Purchase Agreement. With this tranche, Tata Power subscribed to…

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India | Finance | News

Emmvee subsidiary secures KIADB land, plans SPV investment
By December 18, 2025December 18, 2025

Emmvee Photovoltaic Power Limited announced on 17 December 2025 that its wholly owned subsidiary, Emmvee Energy Private Limited, has received a possession certificate for 100 acres of land from the Karnataka Industrial Areas Development Board (KIADB). On the same day, the subsidiary also agreed to invest Rs 8.544 crore in a special purpose vehicle for a renewable energy project. The steps are aimed at strengthening backward integration and ensuring access to cost-effective power. In its…

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India | Finance | News

ACME Solar appoints new CPO, secures Rs 4,725 crore financing
By December 18, 2025December 18, 2025

ACME Solar Holdings Limited has announced two developments aligned with its long-term growth strategy. On 17 December 2025, ACME Solar confirmed the appointment of Ayalur S Kumar as Chief Procurement and Supply Chain Officer. Kumar has over 30 years of experience in procurement, supply chain strategy, and operations across renewable energy, electric vehicle infrastructure, and the power sector. His previous roles include senior positions at Fortum, Skoda Power, ABB, and Alstrom. He holds a Bachelor…

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Finance | India | News

Tata Power outlines 30 GW capacity target by FY30
By December 17, 2025December 17, 2025

Tata Power outlined its medium-term growth strategy at its Analyst Meet held on 15 December 2025, with a focus on clean and green energy, transmission, distribution, and emerging technologies. The company said it is targeting a total operational capacity of 30 GW by FY30, of which 20 GW is planned from clean and green sources such as renewable energy, hydro, and pumped storage projects. The roadmap is aligned with India’s target of 500 GW non-fossil…

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Finance | India | News

AMPIN secures investment from FMO for renewable project expansion
By December 9, 2025December 9, 2025

AMPIN Energy Transition Private Limited has received a 50 million dollar investment from FMO, the Dutch entrepreneurial development bank that invests in more than 85 countries. AMPIN will use the funding to build new greenfield renewable projects in India and expand its clean energy portfolio. The investment aligns with FMO’s plan to increase climate focused financing. It also supports AMPIN’s growth strategy in the domestic renewable market. Pinaki Bhattacharyya, Founder, MD and CEO of AMPIN…

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Finance | India | News

Reliance Power says operations unaffected after ED attachment reports
By December 8, 2025December 8, 2025

Reliance Power Limited has issued a clarification after reports of asset attachment by the Enforcement Directorate. The company said its operations remain unaffected and noted that most of the attached assets, valued at about Rs 101.17 billion, belong to entities that are no longer part of the group. The latest ED action is linked to the probe into the Reliance Home Finance Limited, Reliance Commercial Finance Limited, and Yes Bank fraud case. The agency has…

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Finance | India | News

JK Cement raises stake in O2 Renewable Energy V
By December 8, 2025December 8, 2025

JK Cement Limited has expanded its investment in O2 Renewable Energy V Private Limited with a further 12.21 per cent equity purchase for about Rs 0.05 billion. The transaction lifts its total shareholding in the O2 Power SPV to 28.97 per cent. The company bought 46,45,658 shares from JSW Neo Energy Limited at Rs 11.18 per share. The higher stake strengthens JK Cement Limited’s renewable energy portfolio and its position in a 22 MW wind…

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