Power Bytes

India Oriana Power approves Rs 75 crore debenture issue Oriana Power Limited has approved raising Rs 75 crore through a private placement of debentures at a Board meeting held on 5 January 2026. The company plans to issue 7,500 rated, unlisted, senior, secured, redeemable, transferable, non-convertible debentures, each with a face value of Rs 1,00,000. The debentures will carry a fixed annual coupon of 11.6%, payable monthly, with a tenure of up to 48 months…

India Shakti Pumps invests Rs 3 crore in solar manufacturing expansion Shakti Pumps (India) Limited has invested Rs 3 crore in its wholly owned subsidiary, Shakti Energy Solutions Limited. The funding will be used to set up a greenfield facility in Pithampur, Madhya Pradesh, to manufacture high efficiency Solar Domestic Content Requirement cells and solar photovoltaic modules. The proposed plant will have a capacity of 2.20 GW and forms part of a wider Rs 17,000…

India Adani Green signs power supply and investment deals with Asahi India Glass Adani Green Energy Limited said on 7 January 2026 that its step-down subsidiary, Adani Green Energy Twenty Five B Limited, has executed two agreements with Asahi India Glass Limited. The subsidiary has signed a Power Consumption Agreement to supply 20.8 MW of solar wind hybrid power from a 25 MW solar unit and a 20.8 MW wind unit at Khavda, Gujarat. On…

India Bondada Engineering commissions 120 MWp solar capacity in December 2025 Bondada Engineering Limited commissioned 120.46 MWp of solar capacity in December 2025. The projects were developed for Paradigm IT, Maharashtra State Power Generation Company Limited and NLC India Limited across Maharashtra and Tamil Nadu. Sites include Dhule, Amaravati, Hingoli, Pathardi, Shevgaon, Kannad and Dharni in Maharashtra, and Neyveli in Tamil Nadu. The company said its commissioning volumes have doubled month on month for the…

India Bondada Engineering wins Rs 627 crore BESS project in Andhra Pradesh Bondada Engineering Limited has received a Letter of Award from AP TRANSCO for a 225 MW or 450 MWh standalone battery energy storage system in Andhra Pradesh under a build-own-operate model. The project will be installed at the 400 or 220 kV Hindupur substation in Anantapur District. Execution has been set at 18 months from the date of the LoA, taking Bondada’s BESS…

India GREW Solar wins NTPC REL order to supply 1,464.5 MW solar modules GREW Solar has received a contract worth over Rs 2,000 crore from NTPC Renewable Energy Limited to supply 1,464.5 MW of high-efficiency solar PV modules for multiple projects in Uttar Pradesh. The company said the order reflects confidence in its manufacturing capability and quality systems. GREW Solar is expanding its Dudu facility to reach 11 GW of total capacity. The company has…

India PGCIL awards Rs 3.6 bn 765 kV transformer contract to BHEL Power Grid Corporation of India Limited has awarded Bharat Heavy Electricals Limited a Rs 3,618 million contract to supply 17 units of 765/400 kV, 500 MVA single phase transformers as part of a bulk procurement package. The contract relates to the 765 kV Transformer Package TTR-15/BULK and was awarded on 23 December 2025. BHEL secured the project as the lowest bidder in a…

India Waaree Energies announces CEO succession, subsidiary starts solar plant Waaree Energies Limited reported two major developments, including a leadership transition and expansion of manufacturing capacity. Its subsidiary, Waaree Power Private Limited, has started production at two solar inverter manufacturing lines at Sarodhi-Valsad, Gujarat, each with 1.525 GW capacity, totaling 3.05 GW. Operations began at 10:00 AM on 29 December 2025. Separately, CEO Amit Pathankar has resigned, with his last working day set as 15…