The Central Electricity Regulatory Commission (CERC) has issued a draft order proposing a one-time mechanism to address inter-state transmission system connectivity granted to renewable energy projects that have not signed power purchase agreements (PPAs) within the stipulated period. The proposal aims to release blocked transmission capacity and reallocate it to projects ready for execution. The…
Rajasthan has introduced a Standard Operating Procedure (SOP) for the First Time Charging (FTC) of Battery Energy Storage Systems (BESS) integrated with renewable energy (RE) projects under the Rajasthan Integrated Clean Energy Policy 2024. The framework applies to both commissioned and upcoming projects, including captive and other categories. The SOP builds on an earlier procedure…
Waaree Energies Limited has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited (SECI) through its wholly-owned step-down subsidiary, Waaree Forever Energies Four Private Limited, for a 300 MW wind power project in Dwarka, Gujarat. The agreement was executed on May 6, 2026. The PPA establishes the offtake arrangement for the…
GK Energy Limited has received a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the supply and installation of 15,000 off-grid DC solar photovoltaic water pumping systems. The project, valued at about Rs 353.89 crore including GST, will be executed across Maharashtra under the ‘Magel Tyala Saur Krushi Pump’ Yojana, a…
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…