Andhra Pradesh clears 2,250 MW Gandikota-2 PSP for Adani Group The Government of Andhra Pradesh has approved the allocation of the 2,250 MW Gandikota-2 Pumped Storage Project (PSP) in Kadapa district to Adani Hydro Energy Eleven Limited (AHE11L). The project received clearance from the State Investment Promotion Board (SIPB), chaired by Chief Minister N. Chandrababu…
Suzlon secures 195 MW repeat order from Sunsure Energy Suzlon Energy Limited has secured a repeat order of 195 MW from Sunsure Energy, taking total sales of its 3 MW platform to nearly 9 GW. The project will be developed in the Bijapur district of Karnataka and will expand the partnership between the two companies…
Declared capacity is strict obligation, not target: Supreme Court rules against power generator The Supreme Court of India has restored a penalty of over Rs 162 crore imposed on Talwandi Sabo Power Limited (TSPL) for failing to demonstrate its declared generation capacity on four occasions in January 2017. The Court set aside an earlier order…
CERC proposes stricter ESS connectivity and GNA bank guarantee norms The Central Electricity Regulatory Commission (CERC) has issued draft amendments to the Connectivity and General Network Access regulations, proposing stricter rules for Energy Storage Systems (ESS), bank guarantees, source changes, and financial closure timelines. ESS projects seeking connectivity would need discharge capacity equal to twice…
India’s peak power demand hits record 260.5 GW amid summer surge India’s peak power demand reached a record 260.5 GW on May 20, 2026, surpassing the previous high of 257.4 GW recorded a day earlier. The highest demand of 260,297 MW was recorded at 3:46 PM and was fully met without shortages. Solar generation peaked…
What is changing in India’s transmission landscape India’s transmission sector is witnessing a structural shift as private transmission service providers expand their presence in the Tariff-Based Competitive Bidding (TBCB) market, according to Central Electricity Authority (CEA) data comparing April 2025 and April 2026. The value of under-construction private sector transmission projects increased by nearly Rs…
PFC and REC boards approve merger proposal for presidential clearance Power Finance Corporation Limited (PFC) and REC Limited have approved a proposal for the merger of REC into PFC, subject to approval from the Hon’ble President of India. The merger will be carried out under Sections 230 to 232 of the Companies Act, 2013, with…
Cabinet approves Rs 37,500 crore coal gasification scheme The Union Cabinet has approved a Scheme for Promotion of Surface Coal/Lignite Gasification Projects with a financial outlay of Rs 37,500 crore to support India’s target of gasifying 100 Million Tonnes (MT) of coal by 2030. The scheme targets gasification of around 75 million tonnes of coal…
NLC India posts record FY2025-26 profit, generation and capex NLC India Limited reported its highest-ever production, power generation and financial performance during FY2025-26. Consolidated PAT rose 38.91% year-on-year to Rs 3,769 crore, while revenue increased 14.44% to Rs 17,490 crore and EBITDA grew 14.78% to Rs 7,475 crore. Coal production reached 19.14 million tonnes and…
CleanMax reports record FY2025-26 EBITDA as RE portfolio expands Clean Max Enviro Energy Solutions Limited reported its highest-ever consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) for FY2025-26, supported by growth in its operational renewable energy (RE) portfolio and increasing demand from the data and artificial intelligence (AI) sector. Operational RE power sales capacity…