India demand crosses 250 GW, solar anchors heatwave response India’s national power demand crossed 250 GW for the first time this year on April 24, 2026, reaching 2,51,771 MW at 15:45 hrs, and rose further to around 256.1 GW on April 25. Solar generation reached 81,539 MW at 12:15 hrs on April 24, accounting for…
IEX FY26 profit rises 14.9% as volumes hit record 141.1 BU Indian Energy Exchange reported audited results for the quarter and year ended March 31, 2026, with record electricity traded volumes and double-digit growth in profitability. For FY26, consolidated Profit After Tax (PAT) rose 14.9% year-on-year to Rs 492.9 crore from Rs 429.2 crore in…
Evren secures $600 million for 1 GW FDRE hybrid projects Evren, a platform launched by Brookfield in India as a joint venture with Axis Energy, has secured approximately $600 million to develop its Firm and Dispatchable Renewable Energy (FDRE) hybrid project in Andhra Pradesh and Rajasthan. The 1 GW project combines solar, wind, and battery…
ISTS waiver extended for RE projects delayed by transmission gaps The Ministry of Power issued an Office Memorandum on April 16, 2026, clarifying eligibility for graded waiver of Inter-State Transmission System (ISTS) charges for renewable energy projects delayed due to transmission infrastructure gaps. Projects with a firm start date of connectivity between July 1, 2025…
India power capacity reaches 532.74 GW; non-fossil share at 53.21% India’s total installed power generation capacity stood at 532,740 MW as of March 31, 2026, according to the Central Electricity Authority. Non-fossil sources accounted for 283,468 MW (53.21%), while fossil fuel-based capacity stood at 249,272 MW (46.79%). Coal remained the largest source at 221,940 MW…
CCI dismisses complaint over SECI solar tender The Competition Commission of India (CCI) has closed proceedings against Adani Green Energy, Azure Power, and SECI over alleged anti-competitive practices linked to the 7 GW solar manufacturing-linked tender. In its order dated April 16, 2026, the Commission said it found no prima facie evidence of contravention under…
GAIL signs pact for 600 MW solar project with BESS in Jhansi GAIL (India) Limited has signed contract agreements with TUSCO Limited for developing a 600 MW solar power project at TUSCO’s Solar Park in Jhansi, Uttar Pradesh. The project will include a 550 MWh Battery Energy Storage System (BESS) to support reliable power supply…
REC appoints Rajesh Kumar as Director (Finance) and CFO REC Limited has appointed Shri Rajesh Kumar as Director (Finance) and Chief Financial Officer (CFO), effective April 2, 2026. The Board of Directors approved the appointment at its meeting held on April 15, 2026, following an intimation submitted to stock exchanges on April 2, 2026. Shri…
Hitachi Energy, AESL commission one of world’s largest HVDC city center infeed Adani Electricity Mumbai Infrastructure Limited (AEMIL) and Hitachi Energy have commissioned a 1,000 MW HVDC transmission link between Kudus and Aarey in Mumbai, increasing the city’s power supply from outside by 50 percent. The project includes a 30-km overhead line and a 50-km…
CEA proposes technical standards for renewable plants and BESS construction The Central Electricity Authority (CEA) has issued a draft amendment to its Technical Standards for Construction of Electrical Plants and Electric Lines Regulations, 2022, introducing a dedicated framework for renewable energy projects and battery energy storage systems (BESS). The amendment is scheduled to come into…