NLC India Limited (NLCIL) announced multiple initiatives across nuclear power, renewable energy, battery energy storage systems (BESS), green hydrogen, and carbon capture during its Q4 FY26 Institutional Investors Meet held on May 27, 2026. The company also provided updates on ongoing thermal power and research projects as part of its long-term diversification and clean energy…
Transrail Lighting Limited has outlined its growth plans for the power transmission and distribution (T&D) segment, which contributes around 90% of the company’s total revenue. During its earnings call held on May 27, 2026, the company projected revenue growth of 20% to 22% for FY27, supported by an unexecuted order book of approximately Rs 16,361…
The Expert Appraisal Committee (EAC) for Thermal Power projects has recommended exemptions from mandatory Flue Gas Desulphurization (FGD) installation for two thermal power plants, while deferring similar requests from two others due to environmental compliance issues. The reviews were conducted under the Ministry of Environment, Forest and Climate Change’s July 2025 notification, which permits reassessment…
NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited, has invited bids for engineering, procurement and construction (EPC) packages to develop a combined 11,100 MWh battery energy storage system (BESS) capacity across solar projects in Rajasthan and Gujarat. The proposed projects include a 7,800 MWh BESS at the NTPC REL Bikaner solar…
Haryana has committed to commencing smart metering works on the ground from August 31, 2026, following a review meeting chaired by Union Minister for Power and Housing & Urban Affairs, Shri Manohar Lal. During the review, the Union Minister called for a detailed action plan covering the Revamped Distribution Sector Scheme (RDSS) and the operational…
Solarium Green Energy Limited reported a 60% increase in revenue from operations to Rs 368 crore for the financial year ended March 31, 2026, driven by its strategic shift towards large-scale Engineering, Procurement, and Construction (EPC) projects. The company reported profit after tax (PAT) of Rs 20 crore and earnings before interest, taxes, depreciation and…
Power Finance Corporation Limited (PFC), has announced that Shri V. Packirisamy has taken charge as Director (Commercial) on its Board with effect from June 2, 2026. Shri Packirisamy will continue in the role until his superannuation or until further orders, whichever is earlier. He has been associated with PFC since January 1997 and brings more…
Power Finance Corporation Limited (PFC) has informed the stock exchanges that its wholly owned subsidiary, PFC Projects Limited (PPL), has been struck off from the Register of Companies by the Registrar of Companies (RoC), effective June 1, 2026. The action was taken under Section 248 of the Companies Act, 2013, following approvals from the Ministry…
Servotech Renewable Power System Ltd. has signed a Memorandum of Understanding (MoU) with the Haryana Enterprises Promotion Centre (HEPC) to expand its manufacturing and warehousing operations in Haryana. The proposed investment is approximately Rs 400 crore. The agreement was signed during the launch of the ‘Make in Haryana’ Industrial Policy 2026 in Gurugram on June…
DEE Development Engineers Limited has received a letter of intent for an order worth Rs 206.55 crore, excluding GST, from a Maharatna public sector undertaking operating in the power sector. In a stock exchange filing, the company said the customer is a Maharatna-class engineering, procurement and construction (EPC) conglomerate. However, the name of the awarding…