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Waaree Energies and KEC International post Q1 results

Waaree Energies and KEC International have reported strong financial performance for the first quarter, driven by improved profitability and healthy revenue growth. Waaree Energies posted a 20.3 per cent sequential rise in net profit to Rs 745 crore, compared to Rs 619 crore in the previous quarter. Revenue rose 10.5 per cent quarter-on-quarter to Rs 4,425 crore. EBITDA increased by 73.4 per cent to Rs 997 crore, with margins improving to 22.5 per cent from…

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NUPPL synchronizes second unit of Ghatampur thermal plant

Neyveli Uttar Pradesh Power Limited (NUPPL) has synchronised Unit-2 (660 MW) of the 1,980 MW Ghatampur Thermal Power Project with the 765 kV grid, according to a company press release dated July 20. The achievement brings NUPPL a step closer to declaring commercial operations and delivering 31.68 million units of power from this unit. NUPPL is a joint venture between NLC India Limited (51 per cent) and Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (49…

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Solar power expansion in Rajasthan sparks protests over Khejri tree felling

Widespread protests have erupted in western Rajasthan over the large-scale cutting of Khejri trees to make way for solar power projects, according to Down To Earth. Farmers and environmental activists allege that solar companies have been clearing ecologically vital trees without proper assessments. The movement began in July 2024 in Nokha Daiya village, Bikaner district, and soon spread across Jodhpur, Jaisalmer, Nagaur, Barmer, and other regions. Protesters claim that the state’s policy requiring a tenfold…

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India set to surpass US in renewable capacity additions for 2025

India is likely to outpace the United States in adding new wind and solar capacity this year, putting the country on track to meet its 2030 target of 500 GW of non-fossil power, according to Bloomberg Opinion, cited by the Economic Times. In the first half of 2025, India connected 22 GW of new solar and wind capacity. If this pace continues, it will exceed the 40 GW total expected from the US this year….

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PSERC approves Rs 123.3 crore rooftop solar plan for its buildings

The Punjab State Electricity Regulatory Commission (PSERC) has approved a rooftop solar installation project proposed by the Punjab State Power Corporation Limited (PSPCL), clearing a capital expenditure of Rs 123.3 crore. The project will add 31.37 MW of grid-connected rooftop solar capacity across 1,013 PSPCL-owned buildings in the state. The approved installations will cover administrative offices, substations, thermal plants, and hydro stations. PSPCL will implement the systems under a capital expenditure (CAPEX) model, retaining ownership…

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Tata Power sets up Odisha’s first integrated distribution control centre

Tata Power has launched a new power distribution technology centre (PDTC) in Bhubaneswar to enhance real-time monitoring and control of electricity distribution across Odisha. This facility is the first integrated state-level control centre in India’s power distribution sector. The PDTC manages live operations of 250 SCADA-enabled primary substations in central Odisha. It is staffed by over 50 qualified engineers, including a significant number of women professionals. The centre operates 24×7 and is equipped with advanced…

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MNRE clarifies ALMM rules for solar cell tenders and BESS-linked projects

The Ministry of New and Renewable Energy (MNRE) has issued two updates clarifying the implementation of the Approved List of Models and Manufacturers (ALMM) for solar photovoltaic (PV) projects, with new guidance on tender compliance timelines and the treatment of battery storage-linked solar plants under the framework. On 28 July 2025, MNRE amended its earlier order dated 9 December 2024 to ease compliance for developers participating in government-backed tenders. The ministry confirmed that ALMM obligations…

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Sunsure and Enerica win NVVN’s standalone BESS auction

NTPC Vidyut Vyapar Nigam Ltd (NVVN) has awarded its 250 MW/1,000 MWh standalone battery energy storage systems (BESS) tender to Sunsure Energy and Enerica Infra 3. Sunsure secured 125 MW/500 MWh at Rs 6.64 per kWh, while Enerica won the remaining 125 MW/500 MWh at Rs 6.65 per kWh. The tender, floated in February 2025, is one of India’s first standalone BESS auctions with charging power placed under the bidder’s scope. The final tariffs came…

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IEX, Adani Energy, and REC report strong Q1 earnings in FY26

Indian Energy Exchange (IEX), Adani Energy Solutions Ltd (AESL), and REC Ltd have reported improved financial performance for the first quarter (Q1) of financial year 2025–26. IEX posted a net profit of Rs 120 crore, up from Rs 96 crore in Q1FY25. Total income for the quarter stood at Rs 1,825.12 crore, while consolidated net sales rose 14.72% year-on-year (Y-o-Y) to Rs 141.75 crore.   AESL reported a net profit of Rs 5.39 billion for the…

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TNPGCL to pilot 200 MW battery storage at thermal plant

Tamil Nadu Power Generation Corporation Ltd (TNPGCL) will install a 200 MW Battery Energy Storage System (BESS) at the North Chennai Thermal Power Station on a pilot basis. This is the first such use of battery storage with a coal-based plant in the state. The aim is to store electricity during low-demand periods and avoid frequent shutdowns. Restarting thermal units typically takes 10 to 12 hours. Continuous operation with BESS is expected to cut costs…