Diamond Power Infrastructure Limited (DICABS) has received a letter of intent from Purvanchal Vidyut Vitran Nigam Limited, a distribution company of Uttar Pradesh Power Corporation Limited (UPPCL), for the supply of 250 km of 33 kV high-tension (HT) cross-linked polyethylene (XLPE) cable. The order is valued at approximately Rs 61.04 crore, inclusive of GST. The…
PFC Consulting Limited (PFCCL), acting as the Bid Process Coordinator, has qualified three companies for the selection of a Transmission Service Provider for the 765 kV GIS Pune West intra-state transmission project in Maharashtra. Power Grid Corporation of India Limited (POWERGRID), Adani Energy Solutions Limited and Resonia Limited have qualified to bid for the project….
ACME Solar Holdings Limited has fully redeemed its offshore dollar bonds through domestic refinancing, completing the repayment of Rs 2,147 crore in Non-Convertible Debentures (NCDs) issued by 12 operational special purpose vehicles (SPVs) representing a cumulative capacity of 450 MW. The redemption forms part of a broader refinancing programme under which ACME Solar has raised…
JSW Energy Limited, through its wholly owned subsidiary JSW Neo Energy Limited (JSWNEL), has signed a shareholders’ agreement with Druk Green Power Corporation Limited (DGPC), a company wholly owned by the Royal Government of Bhutan, to jointly develop the 920 MW Punatsangchhu-III Hydroelectric Project in Bhutan. The agreement was signed in the presence of the…
Inox Wind Limited is expanding beyond wind turbine manufacturing by increasing its transformer portfolio and entering higher-margin power electronics. The company plans to manufacture medium-sized transformers in the 8–20 MVA range and large transformers of 100 MVA and above, alongside products such as inverters, unit substations and energy capacitor systems. The company’s operational transformer factory…
GE Power India Limited has received a Notice of Award for the Shoaiba Fuel Conversion Project in Saudi Arabia, with a cumulative value of approximately Rs 550 crore. The order has been placed by Dar Al Balad for Contracting and Operations Company Ltd., Saudi Arabia, through two separate notices covering supply and service scopes. The…
The Ministry of New and Renewable Energy (MNRE) has released draft revised specifications for solar photovoltaic water pumping controllers, incorporating changes based on field experience from the large-scale deployment of solar pumping systems under the PM-KUSUM Scheme. The draft has been prepared by the National Institute of Solar Energy (NISE) and placed on the MNRE…
Pace Digitek Limited has started work on indigenous battery cell manufacturing, with commercial production targeted within two years as it seeks to reduce its dependence on Chinese imports for battery cells, a critical component of its energy storage business. The company has established a research centre in Pune under the leadership of independent director Professor…
IndiGrid Infrastructure Trust, India’s first listed power sector infrastructure investment trust, reported operational revenue of Rs 930 crore for the quarter ended 30 June 2026, an 18.9% year-on-year increase. The growth was driven by asset additions and the commissioning of under-construction projects during the preceding fiscal year. Operational EBITDA rose 23.6% year-on-year to Rs 860…
Juniper Green Energy Limited has commissioned approximately 167 MW of wind capacity across five projects in multiple phases since 1 July 2026, taking its total operational capacity from approximately 2,408 MWp to 2,575 MWp. Its operational portfolio also includes 500 MWh of battery energy storage capacity. The newly commissioned wind capacity comprises 37 turbines across…