Quality Power Equipments Limited (QPE) closed Q1 FY27 with a consolidated order book of Rs 1,945.5 crore as of June 30, 2026, equivalent to around 1.9 times its consolidated revenue for FY26. The order book spans multiple geographies and technology segments, with a significant share comprising long-cycle, engineering-intensive projects from global utilities, transmission system operators,…
HPL Electric & Power Limited reported its highest-ever first-quarter revenue in Q1 FY27, with consolidated revenue from operations rising 34.52% year-on-year to Rs 515.24 crore for the quarter ended June 30, 2026. Revenue remained above the Rs 500 crore level recorded in Q4 FY26 despite the first quarter typically being seasonally weaker. Consumer business The…
KEC International Limited reported broadly stable consolidated revenue of Rs 5,024 crore for the quarter ended June 30, 2026, compared with Rs 5,023 crore in Q1 FY26. However, profitability declined as operating margins came under pressure, with consolidated profit after tax (PAT) falling to Rs 73 crore from Rs 125 crore. Consolidated EBITDA declined to…
Waaree Energies Limited is accelerating its move towards a more integrated solar and energy storage manufacturing model, with captive cell production, U.S. manufacturing and battery storage emerging as key areas of focus in FY27. Management expects the company’s cell-to-module integration ratio to rise sharply over the next two to three quarters, while its U.S. operations…
Bajel Projects Limited has secured a transmission line package from Power Grid Corporation of India Limited (PGCIL), acting on behalf of its special purpose vehicle (SPV), WR ER Part A Power Transmission Limited. The project covers construction of a 400 kV transmission network in Jharkhand under the Western Region-Eastern Region Inter-Regional Network Expansion Scheme –…
The Atomic Energy Regulatory Board (AERB) has granted consent to the Nuclear Power Corporation of India Limited (NPCIL) for the construction of Phase-1 of an Additional Away From Reactor (AAFR) spent fuel storage facility at the Rawatbhata Rajasthan site. The consent is valid until May 31, 2030 and follows a detailed safety assessment of the…
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has secured a 200 MW/800 MWh standalone Battery Energy Storage System (BESS) project in West Bengal through a tariff-based competitive bidding process conducted by the West Bengal State Electricity Distribution Company Limited (WBSEDCL). The company emerged as the successful bidder in the e-reverse auction concluded…
The governments of Odisha and Madhya Pradesh have signed a Memorandum of Understanding (MoU) to establish a framework for cooperation in renewable energy, energy storage, technology transfer and clean energy transition. The agreement is aimed at strengthening collaboration in policy, research, grid integration and capacity building between the two states. The MoU was signed in…
Fujiyama Power Systems Limited has commissioned a 2 GW power electronics manufacturing facility at Ratlam, Madhya Pradesh, expanding its manufacturing capacity for rooftop solar products. The facility is part of the company’s greenfield manufacturing complex and follows the commissioning of its 2 GW solar module manufacturing plant at the same location in May 2026. Capacity…
Coal India Limited (CIL) has commenced commercial operations of 200 MW of solar power capacity from its 300 MW solar project at Khavda, Gujarat, with effect from 00:00 hours on August 8, 2026. The project forms part of CIL’s renewable energy expansion strategy and marks a key milestone in the company’s diversification beyond coal mining….