Ceigall Green Energy MP Limited, a wholly owned subsidiary of Ceigall India Limited, has executed 15 power purchase agreements (PPAs) with Madhya Pradesh Power Management Company Limited (MPPMCL) for a total solar capacity of 130 MW. The agreements were signed on April 1, 2026, under the Surya Mitra Krishi Feeder Yojana. The scheme aims to…
GE Power India Limited (GEPIL) and JSW Energy Limited (JSWEL) have received no-objection letters from BSE Limited (BSE) and National Stock Exchange of India Limited (NSE) for their proposed demerger scheme, removing a key regulatory step before filing the arrangement with the National Company Law Tribunal (NCLT). BSE issued its observation letter with “no adverse…
Adani Power Limited has received a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for supplying 2,500 MW of round-the-clock (RTC) renewable energy. The company disclosed that the LoA was received on April 1, 2026. The contract follows Adani Power being declared the successful bidder through an e-reverse auction process. It…
Cosmic PV Power Limited has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise Rs 6,400 million through an initial public offering (IPO). The issue comprises a fresh equity component of up to Rs 5,400 million and an offer for sale (OFS) of Rs 1,000 million…
INOXGFL Group has expanded its renewable portfolio, with subsidiary Inox Clean Energy completing the acquisition of Vibrant Energy from Macquarie Corporate Holdings for around Rs 5,000 crore. The transaction, completed in four months, adds a 1,337 MW portfolio of solar and hybrid assets. The acquired portfolio supplies power to commercial and industrial (C&I) consumers across…
The Ministry of New and Renewable Energy (MNRE) has approved guidelines for a pilot Contract for Difference (CfD) scheme covering 500 MW of renewable energy capacity. Solar Energy Corporation of India (SECI) has been designated as the nodal agency for implementation. The approval, dated March 30, 2026, follows proposals submitted by SECI in October 2025…
Adani Green Energy Limited added 5,051 MW of renewable energy capacity in FY2025-26, taking its total operational portfolio to 19.3 GW. The company claims this is the highest greenfield annual capacity addition by any company globally in a single year, outside China. The full-year addition comprises 3,409 MW of solar, 686 MW of wind, and…
Power Mech Projects Limited has secured an operations and maintenance (O&M) contract from Hindustan Zinc Limited for a 91.5 MW captive power plant and its transmission line up to the main receiving substation (MRSS). The contract is valued at Rs 109.22 crore excluding goods and services tax (GST) and has a tenure of 48 months….
The Central Electricity Authority (CEA) has amended its Installation and Operation of Meters Regulations, 2006, through a gazette notification dated April 1, 2026, making smart meters mandatory for all consumers in areas with communication network coverage, in line with timelines set by the Central Government. The revised regulation replaces clause (b) of sub-regulation (1) of…
Power Grid Corporation of India Limited has been declared the successful bidder under tariff-based competitive bidding for the “Transmission System Strengthening at Tumkur-II for Integration of Additional RE Potential (2.7 GW)” project in Karnataka. The company received the Letter of Intent dated March 30, 2026, on April 1. The project was tendered by PFC Consulting…