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…
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…
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…
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…
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…
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…
INOXGFL group firms report strong Q3 FY26 growth Inox Wind Limited (IWL) and Inox Green Energy Services Limited (Inox Green), part of the INOXGFL Group, reported higher revenue and profit for the quarter ended December 31, 2025. IWL recorded consolidated revenue of Rs 1,238 crore in Q3 FY26, up 24% year-over-year, with EBITDA of Rs…
Inox Clean, RJ Corp form JV for African renewables Inox Clean Energy Limited, part of the INOXGFL Group, has formed an equal joint venture with RJ Corp Limited to enter the African renewable energy market. The partnership has acquired Skypower Services MENA Limited and plans to commission about 570 MW of renewable energy capacity in…
Bondada Engineering secures first major bank-funded term loan for BESS project Bondada Engineering Limited has received sanction for a term loan from Canara Bank to finance the debt component of its Battery Energy Storage System (BESS) project with TNGECL, the company announced in a regulatory filing. The sanction marks the company’s entry into large-scale, bank-funded…
NCT backs transmission schemes for 25.5 GW renewable evacuation in Gujarat The National Committee on Transmission (NCT) has recommended interstate transmission schemes with a cumulative estimated cost of Rs 24,048 crore for evacuation of 25.5 GW of renewable energy from Gujarat. The outlay includes Rs 7,688 crore for Jam Khambhaliya REZ Phase II (5,500 MW)…