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.
Coal India Limited (CIL) has informed stock exchanges that Central Mine Planning and Design Institute Limited (CMPDIL), its wholly owned subsidiary, filed a Red Herring Prospectus (RHP) dated March 12, 2026 with the Securities and Exchange Board of India (SEBI), BSE Limited (BSE), and the National Stock Exchange of India Limited (NSE) for a proposed…
Swiss-Swedish electrification and automation company ABB has announced plans to invest about $75 million in India in 2026 to expand manufacturing capacity and research infrastructure across multiple locations. The investment, disclosed in a filing to the stock exchanges on March 9, follows more than $35 million invested in India in 2025. With the latest allocation,…
T20 World Cup-winning captain Suryakumar Yadav and cricketer Tilak Varma have taken strategic stakes in TRUZON Solar, a Hyderabad-based solar solutions provider operating under Suntek Energy Systems Pvt. Ltd. The company said the investment adds to its existing group of high-profile backers, which includes Sachin Tendulkar. The investment reflects growing private investor interest in India’s…
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…
The Board of Directors of Power Grid Corporation of India Limited (POWERGRID) has approved several decisions during its meeting held on March 9, 2026, including a fund raising plan, investment in cybersecurity infrastructure, and an in-principle approval to divest its wholly owned subsidiary, Central Transmission Utility of India Limited (CTUIL). In a regulatory filing to…
Eastman Auto and Power Limited (EAPL) has received approval from the Securities and Exchange Board of India (SEBI) for its proposed initial public offering (IPO). The development marks a key step for the diversified energy solutions manufacturer operating across battery storage, power electronics and solar technologies. EAPL was incorporated in 2000 under the JRS Eastman…
The Government of Karnataka has presented the state budget for 2026-27, outlining measures focused on power sector infrastructure, renewable energy expansion, and continued electricity subsidy support for farmers and households. Over the past three years, the state has allocated Rs 48,000 crore under the free electricity subsidy scheme, covering 36 lakh irrigation pump sets and…
Sterling and Wilson Renewable Energy Limited has disclosed the liquidation of Sterling and Wilson Kazakhstan LLP, effective March 2, 2026. The company received the formal liquidation order on March 6, 2026. Sterling and Wilson Kazakhstan LLP operated as a step-down subsidiary of the listed company. The entity was held through Sterling and Wilson Singapore Pte….
Premier Energies Limited has completed the acquisition of equity shares in HeliosAnthos Energies Private Limited, following its investment to establish a joint venture with BA Prerna Renewables Private Limited. The company acquired 1,045,550 equity shares of HeliosAnthos Energies Private Limited for a consideration of Rs 10,455,500. The shares were issued on a preferential basis through…
The Indian Energy Exchange Limited (IEX) reported a 30.4% year-on-year increase in electricity trading volumes for February 2026, with total traded volume reaching 12,550 million units (MU). The exchange also recorded a decline of more than 18% in average spot power prices during the month, which enabled distribution companies and industrial consumers to procure electricity…