Coal India Limited (CIL) has commissioned a 100 MW solar power plant in Gujarat, marking a step in its expansion into renewable energy. The company received the commissioning certificate from the Gujarat Energy Development Agency (GEDA) on May 4, 2026, for the project located at Village Bhadramali in Deesa taluka of Banaskantha district. The plant…
KP Group has installed India’s first 4.2 MW wind turbine generator (4.2M160) manufactured by Senvion India in South Gujarat, marking a step forward in the deployment of advanced wind technology under the ‘Make in India’ initiative. The installation uses Senvion’s 4XM platform, designed for Indian wind conditions. The 4.2M160 turbine has a 160-metre rotor diameter…
Voltamp Transformers Limited reported its highest-ever annual revenue for the financial year ended March 31, 2026, while profitability declined due to margin pressures and one-time provisions in the fourth quarter. Revenue from operations rose 11.34% year-on-year (YoY) to Rs 2,153.69 crore. Full-year operating profit stood at Rs 344.21 crore, down 3% from Rs 356.11 crore…
Indian Energy Exchange (IEX) reported a 16.6% year-on-year (YoY) increase in electricity traded volume to 12,341 million units (MU) in April 2026, supported by strong growth in the Real-Time Market (RTM). India’s total energy consumption reached 154 billion units (BUs) in April, up 4% YoY. Demand was influenced by variable weather conditions, including unseasonal rainfall…
KEC International Ltd. has secured new orders worth Rs 1,002 crore across multiple business verticals. A large share of the orders came from the Transmission and Distribution (T&D) segment, including a ±500 kV high-voltage direct current (HVDC) transmission line project from a private developer in Western India. The segment also won a contract for 132…
Larsen & Toubro Limited (L&T) reported a 3.1% year-on-year (YoY) decline in net profit for Q4 FY26 to Rs 5,326 crore, compared to Rs 5,497 crore in the corresponding quarter last year. Revenue rose 11.3% YoY to Rs 82,762.2 crore, while EBITDA increased 5% to Rs 8,611 crore. EBITDA margin declined to 10.4% from 11%…
Vikran Engineering Limited (VEL) has commissioned a 5 MW solar power plant at Ambijalgaon in Ahilyanagar district, Maharashtra. The project has been developed under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme to supply reliable daytime electricity for agricultural irrigation. It is intended to reduce dependence on inconsistent grid supply and diesel-based…
The European Commission has completed the first round of activities under the Hydrogen Mechanism, part of the EU Energy and Raw Materials Platform. The initial phase recorded strong participation from both hydrogen producers and offtakers, indicating growing interest in structured market development. In this round, 265 supply-side projects were registered, covering renewable and low-carbon hydrogen…
The Asian Development Bank (ADB) has launched new energy and digital infrastructure initiatives worth $70 billion to be implemented by 2035. The programme aims to connect regional power grids, expand cross-border electricity trade, and strengthen broadband infrastructure across Asia and the Pacific. The announcement was made by ADB President Masato Kanda at the 59th Annual…
GE Vernova Inc. has secured an order from Megha Engineering & Infrastructures Limited (MEIL) to supply nine 150 MW pumped-storage units for the 1.35 GW Upper Sileru hydropower plant in Andhra Pradesh. The project is scheduled for completion by 2030 and will be among the largest pumped-storage projects in India. The Upper Sileru facility is…