India Uttar Pradesh releases long term energy and renewable roadmap for 2047 Uttar Pradesh has issued its Energy and Renewable Vision 2047 with a target to meet 40 to 50 percent of its energy demand from renewable sources by 2047. The plan focuses on clean, reliable, and affordable power. It proposes new solar parks, floating…
India NREDCAP announces allocation from 1.2 GW rooftop solar auction NREDCAP has announced the results of its 1.2 GW rooftop solar auction under the PM Surya Ghar programme. Twenty two firms received capacity across multiple segments. Sree Sai Electronics secured 12.07 MW, VSA Infra Projects secured 13.5 MW, and Sunworks Energy secured 13.6 MW. Junna…
India Tata Power commissions NHPC’s 300 MW solar project in Rajasthan Tata Power Renewable Energy Limited has completed NHPC Limited 450 MWp DC or 300 MW AC solar project at Karnisar Bhatiyan in Bikaner. The company executed the work as the EPC contractor and brought the project online after two and a half years. The…
India CEA pushes national standard for DT design and maintenance The Central Electricity Authority held a meeting to push national standardisation of distribution transformer design and maintenance. Officials noted that failure rates average about 10 per cent, which equals nearly 1.3 million failures each year. Performance varies sharply across states, with some northern utilities above…
India Adani unit takes charge of Rajasthan Part I HVDC project AESL Projects Limited has taken over all responsibilities for the Rajasthan Part I Power Transmission Limited HVDC project through a novation agreement signed on November 14, 2025. The move transfers all rights and duties for the link that will move renewable energy from Rajasthan…
India CEA issues guidelines for tariff bidding in WTE projects The Central Electricity Authority has released guidelines under Section 63 of the Electricity Act 2003 for tariff-based competitive bidding to procure power from new grid-connected Waste to Energy projects. The rules set a uniform process for procurement and apply only to projects that use commercially…
India PXIL appoints Vivek Singla as Managing Director and CEO Power Exchange India Limited has appointed Vivek Singla as its Managing Director and Chief Executive Officer. Singla has over 35 years of experience in the power sector, covering generation, transmission, distribution, renewables, and green hydrogen. An alumnus of Delhi Institute of Technology, FMS Delhi University,…
India ReNew Energy net profit declines 5%, Torrent Power and others post strong Q2 growth ReNew Energy reported a 5.3% year-on-year decline in consolidated net profit to Rs 467.5 crore for Q2 FY26, compared to Rs 493.9 crore a year earlier, even as total income increased to Rs 3,855.7 crore from Rs 2,988.7 crore, driven…
India Waaree Renewable Technologies expands EPC contract by Rs 27.22 crore Waaree Renewable Technologies Ltd. has expanded the value of its existing engineering, procurement, and construction (EPC) contract for a 980 MWp / 700 MWac solar project by Rs 27.22 crore. The company received formal confirmation of the enhancement on November 10, 2025. With this…
India PFC, Schneider Electric, and KPI Green announce Q2 FY2025-26 results Power Finance Corporation (PFC) reported a consolidated net profit of Rs 44.60 billion for Q2 FY2025-26, up 2.06% from Rs 43.70 billion a year earlier. Revenue rose 11.82% to Rs 147.60 billion, supported by loan book expansion and cost efficiency. The results were approved…