Diamond Power Infrastructure Limited has commissioned its seventh medium voltage (MV) and extra high voltage (EHV) power cable production line at its manufacturing facility in Vadodara, Gujarat. The newly operational line uses Continuous Catenary Vulcanisation (CCV) technology for the production of MV and EHV cross-linked polyethylene (XLPE) power cables. According to the company, the commissioning…
Several companies across power infrastructure, engineering, procurement and construction (EPC), renewable energy, and hydropower reported their FY2025-26 financial results the previous week. Here is a summary of the key announcements. Kalpataru Projects International (KPIL) Kalpataru Projects International Limited reported its highest-ever annual performance in FY26, with consolidated revenue rising 22% year-on-year to Rs 27,143 crore….
JSW Energy Limited has commissioned around 250 MW of renewable energy capacity since April 2026, taking its total installed generation capacity to 13.7 GW. The newly added capacity includes 130 MW of wind power, 69.4 MW of solar power, and 50 MW from Unit I of the Tidong Hydro Plant. Following the latest commissioning, renewable…
Adani Power Limited has incorporated a wholly owned subsidiary, Integrated Power Supply Limited (IPSL), on May 14, 2026. The company received the certificate of incorporation on May 16, 2026, according to its stock exchange filing. IPSL has been incorporated in India with an authorised share capital of Rs 5,00,000, divided into 50,000 equity shares of…
REC Limited and Power Finance Corporation Limited (PFC) have announced that their respective Boards of Directors have approved the proposal for the merger of REC into PFC, subject to the approval of the Hon’ble President of India in accordance with their Articles of Association. In separate exchange filings, both state-owned non-banking financial companies (NBFCs) said…
Pace Digitek Limited has secured a contract worth Rs 7,099.19 million (including GST) from NLC India Renewables Limited (NIRL) for a 250 MW / 500 MWh Battery Energy Storage System (BESS) project in Tamil Nadu. The scope of work includes design, engineering, supply excluding power transformers, manufacturing, erection, testing, and commissioning of the BESS project…
Skipper Limited has announced the receipt of new orders worth Rs 1,265 crore for domestic and international transmission and distribution (T&D) projects. The orders include 765 kV and 400 kV transmission line projects awarded by a reputed domestic developer. The company has also secured orders for the supply of towers and monopoles for T&D projects…
Waaree Energies Limited has completed the acquisition of a 100% equity stake in Waaree Semicon Private Limited (WSPL) through its wholly owned subsidiary, Waaree Power Private Limited (WPPL). The transaction was completed for a total consideration of Rs 1 lakh. Following the acquisition, WSPL has become a step-down subsidiary of Waaree Energies with effect from…
Bajaj Electricals Limited has appointed Ashween Anand as Chief Financial Officer (CFO), effective May 16, 2026. In her new role, Anand will lead the company’s finance function and oversee financial strategy, capital allocation, governance, compliance, and transformation initiatives. Anand brings more than 16 years of experience across finance, strategy, and governance. During her career, she…
KPI Green Energy Limited has appointed Rajesh Shrivastava as Additional Director and Whole-Time Director and proposed the re-appointment of Venu Birappa as Independent Director for a second term, subject to shareholder approval. The decisions were approved by the company’s Board of Directors at its meeting held on May 15, 2026, following recommendations from the Nomination…