Power Finance Corporation Limited (PFC) and REC Limited have received the approval of the Hon’ble President of India for the proposed merger of REC into PFC, according to regulatory filings made by both companies. The Ministry of Power, through a...
ACME Solar Holdings Limited has completed a qualified institutions placement (QIP) of equity shares, raising around Rs 2,800 crore, according to a stock exchange filing dated June 4, 2026. The company’s Fund Raising Committee approved the allotment...
The Indian Energy Exchange (IEX) recorded a total electricity traded volume of 12,983 million units (MU) in May 2026, registering an 18.6% year-on-year (YoY) increase, according to a media release issued by the exchange on June 3, 2026. The growth...
The Government of India, acting through the Ministry of Power as the promoter of NHPC Limited, has exercised the oversubscription option for its Offer for Sale (OFS), increasing the total stake sale from 3% to 6% of NHPC’s paid-up equity share...
Solarium Green Energy Limited reported a 60% increase in revenue from operations to Rs 368 crore for the financial year ended March 31, 2026, driven by its strategic shift towards large-scale Engineering, Procurement, and Construction (EPC) projects...
Vikran Engineering Limited has outlined an ambitious growth strategy for the coming years, targeting a significant increase in revenue, entry into the data centre engineering, procurement and construction (EPC) segment, and potential expansion into...
Inox Wind Limited reported a consolidated net profit of Rs 91.3 crore for the quarter ended March 2026, down 51.1% from Rs 186.8 crore in the year-ago period, as geopolitical disruptions and delayed customer payments impacted profitability. Revenue...
RMC Switchgears Limited reported consolidated revenue from operations of Rs 401.59 crore for the financial year ended March 31, 2026, registering a year-on-year growth of 26.40%, according to a stock exchange filing. The company recorded consolidated...
Indian Renewable Energy Development Agency (IREDA) reported its highest-ever annual profit after tax (PAT) of Rs 1,873 crore for FY 2025-26, registering a 10% increase over Rs 1,699 crore recorded in FY25. The company’s Board recommended a final...
Schneider Electric Infrastructure Limited (SEIL) reported a 27.4% year-on-year rise in order inflow for FY26, while profit declined amid commodity price volatility and an adverse revenue mix during the fourth quarter. The company, part of Schneider...
Enviro Infra Engineers Limited reported steady revenue growth for FY26, supported by a sharp rise in its order book and expansion into renewable energy businesses, including solar, wind and battery energy storage systems (BESS). The company’s revenue...
India is expected to invest a record $170 billion in its energy sector in 2026, according to the International Energy Agency’s (IEA) World Energy Investment 2026 report. The report states that India has recorded an average annual growth of 11% in...
Bajel Projects Limited has reported its audited standalone financial results for the quarter and financial year ended March 31, 2026, recording its strongest annual performance since listing. The company reported standalone revenue from operations of...
Solarworld Energy Solutions reported strong growth in revenue and profitability for the quarter and financial year ended March 31, 2026, supported by higher execution in its solar engineering, procurement and construction (EPC) business and expansion...
Diamond Power Infrastructure reported strong growth in revenue and profitability for the quarter and financial year ended March 31, 2026, supported by demand from power infrastructure, renewable energy, transmission, distribution and data centre...
Universal Cables Ltd reported an 11.33% year-on-year (YoY) increase in consolidated net profit for the fourth quarter of FY26, while its board approved a Rs 73 crore modernisation plan for its extra high voltage (EHV) cable facility and a Rs 200...
NTPC Limited reported higher standalone profit for the fourth quarter and full financial year ended March 31, 2026, while outlining an aggressive expansion strategy across battery energy storage systems (BESS), pumped storage projects (PSPs), and...
Suzlon Energy Limited reported strong growth in consolidated revenue and profitability for the financial year ended March 31, 2026, supported by higher execution in its wind turbine generator (WTG) business and increased operational scale. However...
Hitachi Energy India Limited reported a 79.7% year-on-year (YoY) increase in net profit for the fourth quarter of FY26, supported by strong revenue growth and improved operating margins. The company also approved an additional capital expenditure of...
Insolation Energy Limited reported audited financial results for the fourth quarter and financial year ended March 31, 2026, recording strong growth in revenue, profitability, and manufacturing capacity expansion. Revenue from operations for FY26...
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Hitachi Energy India to invest Rs 2,000 crore in Gujarat transformer plant Hitachi Energy India...
Hitachi Energy India Limited has announced an investment of around Rs 2,000 crore to establish a new...
JSW Energy Limited, through its wholly owned subsidiary JSW Neo Energy Limited, has commissioned the...
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited...
Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder for...
ACME Solar Holdings Limited (ASHL), through its wholly owned subsidiary ACME Sun Power Private...
Prozeal Green Energy Limited has received a Notification of Award (NOA) from Oil and Natural Gas...
NTPC Limited has declared commercial operation of an additional 50 MW solar capacity under a larger...
India has yet to commission any offshore wind capacity despite an estimated 70 GW of technical...
A coastal energy project combining 400 MW of offshore solar generation with on-site hydrogen...