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CleanMax raises Rs 15 billion in pre-IPO round led by Temasek, Bain

CleanMax Enviro Energy Solutions has raised Rs 15 billion in a pre-initial public offering (IPO) funding round led by Temasek Holdings and Bain Capital, ahead of its planned market debut expected later this month. The pre-IPO placement also saw...

Radiance Renewables raises $100 million equity from IFU and FMO

Radiance Renewables Private Limited has secured $100 million in equity investment from Impact Fund Denmark (IFU) and the Dutch entrepreneurial development bank FMO, with each institution committing $50 million. IFU’s investment has been made through...

SJVN posts higher Q3FY26 revenue and profit, declares interim dividend

SJVN Limited reported growth in consolidated revenue and net profit for the third quarter of financial year 2025-26, according to its financial results for the period ended December 31, 2025. Consolidated revenue from operations rose to Rs 1,081.97...

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 Tamil Nadu Green Energy Corporation Limited (TNGECL), the company announced in a...

NLC India posts record revenue and profit in April–December 2025

NLC India Limited reported its highest-ever revenue and profit for the nine-month period ended December 2025, supported by improved financial performance and progress across thermal power, mining, and renewable energy operations. On a standalone...

Oswal Pumps posts strong revenue growth in 9M FY26

Oswal Pumps Limited reported strong financial performance for the third quarter and the first nine months of FY26. For the nine-month period ended FY26, total income rose to Rs 15,692 million, reflecting a 47.0% increase compared to the same period...

Adani Energy secures Japanese financing for 6,000 MW HVDC link

Adani Energy Solutions Limited (AESL) has secured long-term financing from a consortium of Japanese banks for a high-voltage transmission project for improving renewable energy evacuation in northern India. The project is intended to support...

Pace Digitek reports Q3 FY26 growth; plans BESS capacity expansion from 5 GWh to 10 GWh

Pace Digitek Limited reported year-on-year growth in revenue and profit for the third quarter of FY26, supported by steady order inflows and execution across its energy and telecom infrastructure businesses. For the quarter ended December 31, 2025...

Genus Power appoints executive director, posts strong Q3 FY26 results

Genus Power Infrastructures Limited has announced the appointment of a senior executive director and approved its financial results for the third quarter ended December 31, 2025. The decisions were taken at a meeting of the Board of Directors held on...

Bajaj Electricals posts Rs 34 crore loss in Q3 FY26

Bajaj Electricals Limited reported a consolidated net loss of Rs 34 crore for the third quarter ended December 31, 2025, reversing a profit of Rs 33 crore recorded in the same quarter last year. The performance reflected an 18.5% year-on-year decline...

PFC board approves in-principle merger with REC, exits PTC India board

Power Finance Corporation Limited (PFC) has initiated a major restructuring following the Union Budget 2026–27, with its Board approving in-principle a merger with its subsidiary, REC Limited. The Board has also approved the withdrawal of PFC’s...

Suzlon posts higher profit on record Q3 wind deliveries

Suzlon Energy Limited reported a consolidated net profit of Rs 445 crore for the third quarter ended December 31, 2025, an increase of 14.7% compared with the same period last year. Revenue rose 42% year on year to Rs 4,228 crore, supported by the...

Hitachi Energy India posts sharp profit growth in Q3 FY26

Hitachi Energy India Limited announced its unaudited financial results for the third quarter ended December 31, 2025, reporting a strong year on year rise in profit. The company said higher execution levels, sustained demand across key segments, and...

Bajel Projects reports margin expansion in Q3 FY26 results

Bajel Projects Limited announced its financial results for the third quarter and nine-month period ended December 31, 2025, reporting a sharp improvement in profitability. The company said the expansion in margins was driven by a strategic shift...

Tata Power posts strong Q3 as renewable, manufacturing units drive growth

Tata Power Company Limited reported robust financial performance for the third quarter and nine month period of fiscal year 2026, led by strong growth in its renewable energy, manufacturing, and distribution businesses. For the quarter ended December...

Vikran Engineering sets up solar SPV for NTPC project, extends Rs 49.15 crore loan

Vikran Engineering Limited has taken key corporate steps to support its renewable energy execution plans, including the incorporation of a project specific subsidiary for a large solar contract and the extension of an inter corporate loan. In...

Saatvik Green posts revenue growth, expands manufacturing capacity

Saatvik Green Energy Limited reported strong growth in its quarterly and nine month financial performance, supported by higher volumes and improved operational efficiency. For the third quarter of fiscal year 2026, the company recorded consolidated...

NHPC posts Q3 profit, declares interim dividend, updates on projects

NHPC Limited announced its financial results for the third quarter ended December 31, 2025, along with an interim dividend and updates on project commissioning and board level decisions. For Q3, NHPC reported a standalone profit of Rs 292.87 crore...

KPIL reports strong Q3, nine month growth on execution and order book strength

Kalpataru Projects International Limited (KPIL) posted strong financial performance in the third quarter and nine month period of fiscal year 2026, driven by higher revenues, margin expansion, and a solid order book. In its financial results released...

IEX records highest-ever monthly power trade in January 2026

Indian Energy Exchange (IEX) reported its highest monthly electricity traded volume at 13,050 million units (MU) in January 2026, up 19.6% from the same month last year. Higher supply liquidity and lower prices across key segments supported the...

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Recent Posts

EVE Energy commissions 400 MWh storage project using 628Ah cells

EVE Energy Co. has commenced operations at a 400 MWh energy storage facility in Hebei province...

CleanMax raises Rs 15 billion in pre-IPO round led by Temasek, Bain

CleanMax Enviro Energy Solutions has raised Rs 15 billion in a pre-initial public offering (IPO)...

Radiance Renewables raises $100 million equity from IFU and FMO

Radiance Renewables Private Limited has secured $100 million in equity investment from Impact Fund...

SJVN posts higher Q3FY26 revenue and profit, declares interim dividend

SJVN Limited reported growth in consolidated revenue and net profit for the third quarter of...

Jupiter International commissions 1 GW solar cell unit at Baddi

Jupiter International Ltd has commissioned a 1 GW mono-PERC solar cell manufacturing unit in Baddi...

Land constraints prompt redesign of Ananthapuram-III REZ transmission scheme

The National Committee on Transmission (NCT) has approved a revised transmission scheme for the...

POWERGRID wins Pune Region-I transmission expansion project

Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder for an...

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...

Power Sector News Roundup for February 11, 2026

NCT backs transmission schemes for 25.5 GW renewable evacuation in Gujarat The National Committee on...

PVV Infra expands clean energy project to Rs 1,250 crore

PVV Infra Limited has entered into a technology collaboration with ITC Services Company Limited...