Several power sector companies have released their unaudited financial results for the second quarter (Q2) of FY 2025-26, showing varied performance across the sector. REC Limited posted a net profit of Rs 44.14 billion for Q2 FY 2025-26, up 9.3% from Rs 40.38 billion a year earlier. Total income rose 10.8% to Rs 151.53 billion,…
JSW Energy Limited has announced the successful commissioning of 85 MW of new renewable capacity, comprising 74 MW of solar projects, including a portion of the NHPC Hybrid Project, and 11 MW of wind capacity. With this addition, the company’s total installed capacity has reached 13,295 MW. Renewable energy now accounts for 57% of JSW…
Power Finance Corporation Ltd. (PFC) and REC Limited have announced the formation of new special purpose vehicles (SPVs) to advance key interstate power transmission projects. PFC Consulting Limited (PFCCL), a wholly owned subsidiary of PFC, has incorporated Alibag Power Transmission Limited to manage preliminary work for the “Establishment of 765/400/220 kV AIS Dolvi (Dist. Raigad)”…
Transformers and Rectifiers (India) Limited (TARIL) has received a domestic order worth Rs 103.45 crore from Gujarat Energy Transmission Corporation Limited (GETCO) for the manufacturing and supply of 54 transformers of various types. In a regulatory filing dated November 10, 2025, TARIL stated that the order is part of its regular business operations and does…
Tata Power Company Limited has completed the second tranche of its planned investment in Khorlochhu Hydro Power Limited (KHPL), securing a 40% equity stake in the company developing a 600 MW hydropower project in Bhutan. The latest infusion of Rs 60 crore forms part of a broader acquisition worth about Rs 830 crore. In a…
Waaree Renewable Technologies Ltd. has expanded the value of its existing engineering, procurement, and construction (EPC) contract for a 980 MWp / 700 MWac solar power project by Rs 27.22 crore. The company received formal confirmation of the scope enhancement on November 10, 2025. In a regulatory filing, Waaree stated that the revised contract now…
China has announced a breakthrough in nuclear technology, successfully converting thorium into uranium fuel inside a working molten salt reactor (MSR). The achievement confirms that thorium, a metal several times more abundant than uranium, can be transformed into usable fuel within an operational system. The development gives China a lead in next-generation nuclear power. Its…
The Central Electricity Authority (CEA) has released a proposal outlining how states can monetise their existing intra-state transmission networks. The plan seeks to ease the funding gap of more than Rs 9.16 lakh crore identified in the National Electricity Plan (Transmission) 2032, as over half of India’s transmission capacity addition is expected to take place…
Coal India Limited (CIL) and Damodar Valley Corporation (DVC) have signed a Joint Venture Agreement (JVA) to set up a 1,600 MW coal-based power plant at DVC’s existing Chandrapura Thermal Power Station (TPS) in Jharkhand. The agreement was signed on November 7, formalising a 50:50 partnership between the two public sector entities. The project involves…
Rajasthan has launched the country’s largest integrated solar and battery storage project in the Pugal region of Bikaner, marking a major milestone in India’s renewable energy expansion. The Pugal Solar Park has been developed by Rajasthan Renewable Energy Corporation Limited (RRECL) through its subsidiary, Rajasthan Solar Park Development Company. The park will generate about 2,450…