SWELECT Energy Systems Ltd. reported a consolidated profit after tax (PAT) of Rs 57.58 crore for the financial year ended March 31, 2026, compared to Rs 13.98 crore in the previous fiscal year. The company’s board approved the standalone and consolidated financial results for the quarter ended March 31, 2026 (unaudited) and the full financial…
Andhra Pradesh Information Technology (IT) Minister Nara Lokesh inaugurated SAEL Industries Limited’s 600 MW solar power projects in Kadapa district, marking a major renewable energy development in the state. The projects, SAEL Solar MHP1 and SAEL Solar MHP2, were completed within 11 months with an investment of nearly Rs 3,000 crore. Located across more than…
NTPC Green Energy reported a consolidated net profit of Rs 197 crore for Q4 FY26, registering a year-on-year decline of 15.5% from Rs 233 crore in the corresponding quarter last year. The decline came despite strong growth in revenue and operating performance. Revenue for the quarter increased 46.7% year-on-year to Rs 912.6 crore, compared to…
Hindustan Power, through its subsidiary Anuppur Powerprojects Private Limited, has signed a power supply agreement (PSA) with MP Power Management Company Limited for the supply of 800 MW of power from its upcoming unit in Anuppur, Madhya Pradesh. The agreement will support Madhya Pradesh’s growing electricity demand and expand Hindustan Power’s generation presence in the…
The Expert Appraisal Committee (EAC) for Thermal Projects has recommended the grant of Terms of Reference (ToR) for National Aluminium Company Limited’s (NALCO) proposal to expand its captive power plant at Angul, Odisha, from 1,200 MW to 2,280 MW. The Rs 11,313.47 crore project involves the installation of 4×270 MW sub-critical units. The recommendation, however,…
Suzlon Energy Limited has secured a repeat order of 195 MW from Sunsure Energy, taking total sales of its 3 MW platform to nearly 9 GW. The project will be developed in the Bijapur district of Karnataka and will further expand the partnership between the two companies to nearly 300 MW across Maharashtra and Karnataka….
Transformers and Rectifiers (India) Limited (TARIL) has secured an order worth Rs 228.26 crore from Gujarat Energy Transmission Corporation Limited (GETCO) for the manufacturing and supply of transformers and reactors, along with related works. The order covers the supply of six transformers and two reactors and is scheduled for execution by August 2028. The latest…
SPML Infra Limited has secured a Rs 165.41 crore contract from Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL) for the construction of a 400 kV grid substation and transmission infrastructure at Dahra in Kota, Rajasthan. The project is scheduled for completion within 24 months and adds to the company’s portfolio in the high-voltage power transmission…
The Expert Appraisal Committee (EAC) for Thermal Projects has recommended grant of Terms of Reference (ToR) for NTPC Limited’s proposed 1×800 MW ultra-supercritical thermal power unit at Talcher in Odisha’s Angul district. The proposed Stage-IV expansion will increase the total installed capacity of the Talcher Thermal Power Project (TTPP) from 1,320 MW to 2,120 MW….
The Central Electricity Regulatory Commission (CERC) has approved pre-specified time slots for contracts traded in the Term Ahead Market (TAM), Green Term Ahead Market (G-TAM), and High Price Term Ahead Market (HP-TAM) on power exchanges. The Commission has adopted a national-level framework based on solar and non-solar hours instead of region-specific peak and off-peak slots….