Bharat Heavy Electricals Limited (BHEL) has reported a sharp year on year improvement across key financial metrics for the quarter ended December 31, 2025. The unaudited results were approved by the board on January 19, 2026. For Q3 FY 2025–26, BHEL posted standalone revenue from operations of Rs 8,473 crore, up 16.4% from Rs 7,277…
Union Minister of Power Manohar Lal inaugurated the Centre of Excellence (CoE) for Regulatory Affairs in the Power Sector at the Indian Institute of Technology Delhi (IIT Delhi) on 19 January 2026. The Centre has been jointly established by IIT Delhi, the Central Electricity Regulatory Commission (CERC) and the Grid Controller of India Ltd. (Grid…
Dalmia Bharat Limited (DBL) has divested its entire 25.44% equity stake in O2 Renewable Energy V Private Limited (OREV), ending its associate relationship with the renewable energy company. The transaction was completed on January 16, 2026. The sale was executed at around 1:15 PM on January 16, 2026, for a total consideration of Rs 10.82…
Nash Energy has commissioned a fully automated battery pack manufacturing line with an initial capacity of 2 GWh at its facility near Bengaluru. This marks the first phase of the company’s plan to build 10 GWh of battery pack manufacturing capacity over the next five years. The new prismatic battery pack line at Dobbaspet, Bengaluru,…
Andhra Pradesh Chief Minister N. Chandrababu Naidu on January 17, 2026, declared Kakinada as the Green Hydrogen Valley of India following the groundbreaking ceremony for a Rs 15,600 crore green ammonia project. The event marked the start of construction for what is being described as the world’s largest green ammonia complex. Chief Minister Naidu and…
Onix Renewable Ltd has signed a Memorandum of Understanding (MoU) with the Government of Gujarat to undertake large-scale renewable energy projects in the state. Under the MoU, the company has proposed setting up a green ammonia production facility at Fulzar, Taluka Vinchiya, District Rajkot, with a planned investment of Rs 10,000 crore. The project is…
Indosolar Limited, a subsidiary of Waaree Energies Limited, has announced changes in its senior leadership following a recent Board meeting. The Board approved the appointment of Dr Jignesh Devchandbhai Rathod as an Additional Director in a Non-Executive capacity and as Chief Executive Officer (CEO), effective January 16, 2026. His appointment as Director is subject to…
Vikram Solar Limited has announced a transition to a fully G12R-based solar module portfolio, standardising its product range around large-format, next-generation solar technology. The company said the move reflects market trends that favour larger wafer formats, high-efficiency N-type cell architectures and bifacial module designs to improve energy yield and project economics. Under the new strategy,…
The Ministry of Power (MoP) has issued amendments to its Supplementary Guidelines for compensation related to the Right of Way (RoW) for transmission lines. The revisions target procedural delays in land valuation, aiming to accelerate the compensation process for affected landowners under the framework established in the guidelines dated March 21, 2025. The amendments specifically…
Shakti Pumps (India) Limited has approved an equity investment of Rs 75 crore in its wholly owned subsidiary, Shakti Energy Solutions Limited (SESL), to set up a 2.2 GW solar cell and module manufacturing facility in Madhya Pradesh. The investment marks a significant increase from the earlier proposal and advances the greenfield project. In a…