NLC India Limited reported its highest-ever revenue and profit for the nine-month period ended December 2025, supported by improved financial performance and progress across thermal power, mining, and renewable energy operations. On a standalone basis, revenue from operations stood at Rs 7,945.59 crore, a year-on-year increase of 5.06%. Profit after tax rose 3.04% to Rs…
Larsen & Toubro Limited (L&T) announced on February 10, 2026, that it has incorporated a new wholly owned subsidiary in the Netherlands, named L&T Energy Offshore Wind B.V. The entity has been registered with the Dutch Trade Register and is set up to operate in the offshore wind energy segment. The subsidiary has been incorporated…
KPI Green Energy Limited announced on February 10, 2026 that it has received two new orders, covering an international hybrid solar-storage project in the United Arab Emirates and additional domestic works for the Khavda Hybrid Renewable Power Project in Gujarat. The international order has been secured by the company’s subsidiary, Sun Drops Energia Limited, from…
The National Committee on Transmission (NCT) has recommended interstate transmission schemes with a cumulative estimated cost of Rs 24,048 crore for evacuation of 25.5 GW of renewable energy from Gujarat. The recommendation follows confirmation of sufficient renewable potential for the state and a reassessment of transmission planning assumptions, including limited visibility on large green hydrogen…
Genus Power Infrastructures Limited, on February 10, 2026, entered into a Share Purchase Agreement to acquire 100% equity in Himachal Pradesh C Zone Smart Metering Private Ltd. and Genus Assam Package-3 SPV Limited. The acquisition will be carried out by its wholly owned subsidiary, Genus Power Solutions Private Limited. Following completion of the transaction, both…
The government is preparing a pilot framework for peer-to-peer electricity trading under the India Energy Stack, as reported by ET EnergyWorld. Under the proposed model, electricity exchanges would take place between verified participants, while billing and financial settlement would continue to be routed through distribution companies. From a regulatory perspective, discoms remain central to grid…
ACME Solar Holdings Limited announced on February 10, 2026 that it has secured two renewable energy contracts with a combined capacity of 521 MW. The awards include a 301 MW firm power project from the Solar Energy Corporation of India (SECI) and a 220 MW solar-storage hybrid project from Rewa Ultra Mega Solar Limited (RUMSL)….
Bharat Heavy Electricals Limited (BHEL) has received a Letter of Acceptance (LoA) for a contract valued at approximately Rs 2,800 crore from Bharat Coal Gasification and Chemicals Limited (BCGCL). The order is for a syngas purification plant for a coal-to-ammonium nitrate project in Odisha. The contract was awarded on February 10, 2026. It covers the…
TotalEnergies has entered into two long-term Power Purchase Agreements (PPAs) to supply 1 GW of solar capacity to Google’s data centres in Texas. The transaction represents TotalEnergies’ largest single renewable energy PPA concluded in the United States to date. The 15-year agreements will deliver around 28 TWh of renewable electricity from two TotalEnergies-owned solar projects…
HiTHIUM has completed what it described as the world’s first open-door, large-scale fire test of a 6.25MWh long-duration energy storage (LDES) system, validating safety performance under extreme conditions. The test was conducted under the supervision of UL Solutions and U.S. Authorities Having Jurisdiction, and was carried out in compliance with the latest UL and National…