REC Limited has informed the stock exchanges that its wholly owned subsidiary, REC Power Development and Consultancy Limited (RECPDCL), has incorporated a new wholly owned subsidiary, Nawada Durgapur Power Transmission Limited, for the implementation of an interstate transmission project. The incorporation follows the Gazette Notification issued by the Ministry of Power on March 24, 2026,…
Pace Digitek Limited has announced that its material subsidiary, Lineage Power Private Limited, has signed a Memorandum of Understanding (MoU) with Bondada Renewable Energy Private Limited for the supply of Battery Energy Storage Systems (BESS) and related equipment, according to a regulatory filing. Under the MoU, Lineage Power will supply a range of energy storage…
JSW Energy PSP Eleven Limited (JEPEL), a step-down wholly owned subsidiary of JSW Energy Limited, has secured orders worth Rs 443.74 crore from Bondada Renewable Energy Private Limited, a wholly owned subsidiary of Bondada Engineering Limited, for the supply of Battery Energy Storage Systems (BESS) and Power Conversion Systems (PCS). According to a regulatory filing…
The Board of Directors of Vikran Engineering Limited has approved corporate guarantees of up to Rs 3,400 crore and promoter contribution of up to Rs 1,160 crore to support its wholly owned subsidiaries engaged in the development and implementation of solar power projects. The Board approved the issuance of corporate guarantees aggregating up to Rs…
Power Grid Corporation of India Limited (PGCIL) has emerged as the successful bidder under the Tariff-Based Competitive Bidding (TBCB) process for the “Transmission System for integration of Krishnagiri REZ Phase-I”. The company received the Letter of Intent (LoI) on July 10, 2026, according to a regulatory filing. The interstate transmission project will be implemented on…
The Board of Directors of NTPC Limited has approved an investment of Rs 20,456.70 crore for the Stage-III expansion of the Lara Super Thermal Power Project in Chhattisgarh. The expansion will add two 800 MW units, increasing the plant’s installed capacity from 1,600 MW to 3,200 MW. The approval was granted during the Board meeting…
LONGi has commenced mass production of its Advanced Contact Matrix (ACM) solar cells at one of its manufacturing bases, marking the commercial rollout of the company’s latest solar cell technology. The company said the transition follows the successful development of ACM technology across materials, manufacturing processes and production equipment. Since its pilot production line delivered…
AmpereHour Energy has inaugurated a new Battery Energy Storage System (BESS) manufacturing and integration facility at Chakan, Pune, marking its entry into large-scale manufacturing. The facility will focus on the integration of Make in India cabinet and containerised Battery DC-AC Blocks for utility-scale and commercial & industrial (C&I) applications. The company said the new facility…
The Central Electricity Regulatory Commission (CERC) has issued a one-time regulatory framework to release nearly 15.7 GW of transmission connectivity blocked by legacy Letters of Award (LoAs) that did not result in power purchase agreements (PPAs). The order, issued on July 10, 2026, is intended to free up scarce transmission capacity for projects with firm…
Gujarat Urja Vikas Nigam Limited (GUVNL), acting as the power procurer on behalf of its four distribution utilities, Madhya Gujarat Vij Company Limited (MGVCL), Dakshin Gujarat Vij Company Limited (DGVCL), Uttar Gujarat Vij Company Limited (UGVCL) and Paschim Gujarat Vij Company Limited (PGVCL), has concluded the e-reverse auction (e-RA) for its 250 MW wind power…