Power Bytes

India Atlanta Electricals wins Rs 288 crore transformer orders Atlanta Electricals Limited said it has secured new orders worth Rs 288 crore from Karnataka Power Transmission Corporation Limited and a private power producer, according to a regulatory filing. The contracts involve the supply of power transformers and associated systems, with execution planned over the next twelve months. The company received two orders worth Rs 146 crore from KPCL for 13 transformers and related fire protection…

India CEA flags widespread non-compliance with mandatory transformer standards The Central Electricity Authority has flagged continued non-compliance by power utilities with mandatory transformer and reactor rating standards. In a letter dated 24 January 2026, the CEA directed utilities and generation companies to strictly follow standard specifications for transformers and reactors rated 66 kV and above. These specifications were issued in April 2021 and became legally binding under regulations notified in December 2022. The CEA said…

India JSW Neo Energy completes Tidong hydro acquisition JSW Neo Energy Limited has completed the acquisition of Tidong Power Generation Private Limited from Statkraft IH Holding AS on January 29, 2026. The transaction was valued at approximately Rs 1,728 crore and closed after regulatory approvals. Tidong Power is developing a 150 MW run of river hydro project in the Tidong Valley in Himachal Pradesh, scheduled for commissioning in October 2026. The project has a long…

India GE Vernova, L&T and Bondada report strong Q3 FY26 performance GE Vernova T&D India Limited, Larsen and Toubro Limited and Bondada Engineering Limited reported strong quarterly performance, supported by higher order inflows, improved execution and margin expansion. GE Vernova T&D India recorded a 58% year on year rise in revenue to Rs 17.0 billion and profit after tax of Rs 2.9 billion, with order bookings growing 41% to Rs 29.4 billion. L&T reported a…

India IOC plans Rs 1 lakh crore investment for 18 GW green energy by 2030 Indian Oil Corporation Ltd. plans to invest around Rs 1 lakh crore to build an 18 GW green energy portfolio by 2030. The company aims to acquire up to 12 GW of renewable capacity and develop another 6 GW organically through its green energy arm, Terra Clean Ltd. The total equity requirement for the 18 GW plan is estimated at…

India POWERGRID promotes twelve officials to Executive Director roles Power Grid Corporation of India Limited has promoted twelve senior officials to Executive Director roles, effective 25 January 2026, following board approval on the same date. The appointees are classified as Senior Management Personnel, one level below the Board. Key appointments include Abhinav Verma for Rajasthan Projects, Vineeta Agarwal as Chief Executive Officer of Powergrid Energy Services Limited, and Akhilesh Kumar Dixit as Chief Executive Officer…

India Saatvik subsidiary wins Rs 10.15 crore solar module supply order Saatvik Green Energy Limited informed exchanges on January 22, 2026 that its material subsidiary, Saatvik Solar Industries Private Limited, has received and accepted a Rs 10.15 crore supply order. The order was placed by a domestic Independent Power Producer and Engineering, Procurement and Construction company for solar photovoltaic modules. The company stated that the order is commercial in nature and scheduled for execution by…

India NHPC synchronises second 250 MW unit of Subansiri Lower HEP NHPC Limited has synchronised Unit–3, a 250 MW generating unit of the Subansiri Lower Hydroelectric Project, with the National Grid at 9:00 PM on 21 January 2026. The project Chairman and Managing Director acknowledged support from the Ministry of Power, the Governments of Arunachal Pradesh and Assam, and former NHPC leadership. The milestone is expected to support grid stability and phased commissioning of the…

India Pace Digitek unit secures Rs 94 crore BSNL battery order Pace Digitek Limited said its subsidiary, Lineage Power Private Limited, has received an advance purchase order worth Rs 94.35 crore from Bharat Sanchar Nigam Limited (BSNL). The disclosure was made in a regulatory filing dated 20 January 2026. The order includes supply, installation, and commissioning of 25,000 smart Li ion battery modules and 2,500 weather resistant racks, along with a five year Annual Maintenance…