SPML Infra Limited has secured a Rs 1,128 crore contract from NTPC Limited to develop a 1 GWh Battery Energy Storage System (BESS) at the Barauni Thermal Power Station in Bihar. The award marks the company’s entry into large-scale grid-connected battery storage and is among the largest single BESS orders in India. The contract covers…
The Andhra Pradesh government has cleared a power distribution licence for the upcoming Google data centre in Visakhapatnam under a new deemed distribution licence (DDL) policy. The Energy Department has issued an order enabling DDL for strategic data centres, allowing them to procure power and develop distribution networks. This makes Andhra Pradesh the first State…
CG Power and Industrial Solutions Limited reported strong growth in the quarter ended March 31, 2026, alongside record financial performance for the full fiscal year, supported by steady order inflows and operational execution. For Q4 FY26, consolidated net profit rose 33.4% to Rs 365.5 crore from Rs 274 crore year-on-year. Revenue increased 25% to Rs…
KPI Green Energy Limited has reported strong financial performance for the quarter and fiscal year ended March 31, 2026, supported by capacity additions and execution across its renewable energy portfolio. The company released its investor presentation with key performance highlights, indicating year-on-year growth across major financial metrics. For FY26, consolidated total income increased 56% to…
Oswal Pumps Limited has received a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the supply and installation of off-grid solar photovoltaic water pumping systems. The project, valued at about Rs 162.06 crore including GST, will be executed within one year under the PM Kusum B Scheme, specifically the ‘Magel Tyala…
The Uttar Pradesh government has discontinued the prepaid mode of smart electricity meters and directed that all such devices operate in postpaid mode, following consumer complaints over technical issues. The move affects around 8.3 million prepaid smart meters out of 8.65 million smart meter users in the state, largely residential consumers with 1 kW and…
ACME Solar Holdings Limited has commissioned an 8 MW wind power project in Gujarat through its subsidiary, ACME Eco Clean Energy Private Limited. The project received the Certificate of Commissioning from Gujarat Energy Development Agency (GEDA) on May 5, 2026. The wind project is located at Village Titoda in Taluka Sayla of Surendranagar district. The…
The Royal Government of Bhutan and the World Bank have signed financing agreements worth $515 million for the 1,125 MW Dorjilung Hydroelectric Power Project on the Kurichhu River in eastern Bhutan. The project, with an estimated total cost of $1.7 billion, will be Bhutan’s largest hydropower project under a public-private partnership (PPP) model. The project…
NHPC Limited has declared the Commercial Operation Date (CoD) of Unit 4 (250 MW) of the Subansiri Lower Hydroelectric Project (SLHEP) with effect from 00:00 hours on May 8, 2026. The project, located across Assam and Arunachal Pradesh, has a total installed capacity of 2,000 MW (8×250 MW). With Unit 4 now operational, four units—Unit…
Israel has finalised financial arrangements for its largest solar power project near Dimona in the Negev Desert, with approvals from the Energy and Finance ministries and the Electricity Authority. The 265 MW photovoltaic plant will be developed by EDF Renewables across around 3,000 dunams (740 acres). The project will supply electricity at below NIS 0.065…