CIL builds 175.5 MT coal buffer ahead of summer 2026 Coal India Limited (CIL) has built a three-layer coal reserve of about 175.5 million tonnes (MT) as electricity demand rises ahead of summer 2026. As of February 26, 2026, pithead stocks stood at 115 MT, while power plants held around 55 MT as of February 25, with 5.5 MT in transit, taking total readily accessible coal to approximately 175.5 MT. Exposed in-situ reserves at mines…
ZFI and Waaree sign EAAS deal for 2.5 MW electrolyzer, plan 50 MW expansion Zero Footprint Industries Ltd (ZFI) and Waaree Clean Energy Solutions Private Limited, a wholly owned subsidiary of Waaree Energies Limited, have signed an Electrolyzer as a Service (EAAS) agreement for a 2.5 MW alkaline electrolyzer system and a memorandum of understanding for an additional 50 MW capacity. The agreements were announced on February 23, 2026 for projects in Uttar Pradesh and…
MoP extends deadline for comments on draft National Electricity Policy 2026 The Ministry of Power (MoP) has extended the deadline for submission of comments and suggestions on the draft National Electricity Policy, 2026 by one month to March 19, 2026. The draft policy was circulated on January 20, 2026 with an initial thirty day deadline ending February 19, 2026. In an office memorandum dated February 25, 2026, MoP stated that the competent authority approved the…
Bajaj Electricals appoints Rahul Pundir as Chief Supply Chain Officer Bajaj Electricals Limited has appointed Rahul Pundir as Chief Supply Chain Officer, effective March 2, 2026. After joining, he will be designated as Senior Management Personnel at the company’s next Board Meeting. The company disclosed the appointment to stock exchanges on February 24, 2026. Rahul Pundir brings more than 24 years of global experience in supply chain leadership and will manage end-to-end supply chain operations….
Vikram Solar signs Rs 2,000 crore domestic cell supply deal Vikram Solar Limited has signed a domestic solar cell procurement agreement with Jupiter International Limited to source 2 GW of crystalline solar cells valued at about Rs 2,000 crore. The agreement was executed on February 20, 2026. The contract covers the supply of high-efficiency Tunnel Oxide Passivated Contact (TopCon) Solar Cells and high-efficiency mono Passivated Emitter and Rear Cell (PERC) Solar Cells. The solar cells…
CEA panel finds 55% MTL flexible operation does not damage thermal units A committee constituted by the Central Electricity Authority (CEA) found that operating thermal power plants at 55% minimum technical load (MTL) with conservative ramping rates does not result in significant damage to generating units. The report, based on meetings held between July and October 2025, noted NTPC’s reluctance to participate in mandated pilot projects for two-shift operation, delaying development of a compensation framework….
InoxGFL Group firms win bid for Wind World IPP and O&M businesses Two companies under the INOXGFL Group have been declared successful bidders to acquire the Independent Power Producer (IPP) and Operations & Maintenance (O&M) businesses of Wind World India Limited. The transactions were executed through a consortium led by Inox Neo Energies and were finalised after approval from the Committee of Creditors (CoC) under the Corporate Insolvency Resolution Process (CIRP) overseen by the National…
AdaniConneX incorporates Navi Mumbai Power Distribution subsidiary AdaniConneX Private Limited (ACX), a 50:50 joint venture of Adani Group and EdgeConneX, has incorporated a wholly owned subsidiary, Navi Mumbai Power Distribution Limited (NMPDL). NMPDL has been incorporated in India and registered with the Registrar of Companies (RoC), Ahmedabad, with a subscribed capital of Rs 100,000 divided into 10,000 equity shares of Rs 10 each, and ACX indirectly holds a 50 per cent stake. NMPTL has been…
Adani Green incorporates Skyspin Energy as step-down subsidiary Adani Green Energy Limited has incorporated a new step-down subsidiary, Skyspin Energy Limited (SEL). The entity was registered on February 17, 2026, as a wholly owned subsidiary of Adani Renewable Energy Holding Eleven Limited (AREH11L), an existing subsidiary of the company. SEL has been registered with the Registrar of Companies in Gujarat, with its registered office in Ahmedabad. At incorporation, the company has an authorised capital of…
CIL solar capex rises to Rs 961 crore by January 2026 Coal India Limited (CIL) has reported capital expenditure of Rs 961 crore on solar energy projects as of January 2026, marking a 2.33 times increase over the corresponding period last year. The company achieved 132% of its progressive target of Rs 729 crore and exceeded its full-year solar capex target of Rs 957 crore for FY 2026. Solar installation costs have declined to Rs…