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BatteryPool raises Rs 8 crore in Pre-Series A round

BatteryPool, an Indian startup offering flexible, pay as you go battery access for electric vehicles, has raised Rs 8 crore in a Pre-Series A funding round. The investment was led by Inflection Point Ventures (IPV), with participation from Indian...

HPSEBL reports Rs 300 crore profit in April to December 2025

Himachal Pradesh State Electricity Board Limited (HPSEBL) has reported a profit of Rs 300 crore for the period ending December 31, 2025. This marks a sharp rise from the Rs 206 crore recorded in the corresponding period of the previous financial...

PFC opens Rs 5,000 crore secured NCD issue

Power Finance Corporation Limited (PFC) has announced the launch of a public issue of secured, redeemable, non-convertible debentures (NCDs). The issue has a base size of Rs 500 crore, with an option to retain oversubscription of up to Rs 4,500...

NLC India board clears NIRL listing, Rs 66.6 crore investment

NLC India Limited, following a meeting of its Board of Directors held on January 12, 2026, has granted in-principle approval for the listing of its wholly owned subsidiary, NLC India Renewables Limited (NIRL). The proposed listing is in line with the...

IREDA Q3 FY 2024-25 revenue rises 36% to Rs 1,699 crore

Indian Renewable Energy Development Agency Ltd. (IREDA) has reported strong year on year growth across financial and operational indicators in the third quarter of FY 2024-25. For Q3 FY 2024-25, revenue from operations rose to Rs 1,698.99 crore, up...

Oriana Power approves Rs 75 crore debenture issue

Oriana Power Limited (Oriana Power) has approved a Rs 75 crore fundraising plan through a private placement of debentures. The decision was taken at a meeting of the Board of Directors held on 5 January 2026. The funds are intended to support the...

NHPC board clears Rs 2,000 crore bond issue for FY 2025-26

NHPC Limited has approved a proposal to raise funds through bond issuance as part of its borrowing plan for the financial year 2025-26. The decision was taken at the meeting of the Board of Directors held on January 8, 2026, and was disclosed through...

Shakti Pumps invests Rs 3 crore in solar manufacturing expansion

Shakti Pumps (India) Limited has announced an investment of Rs 3 crore in its wholly owned subsidiary, Shakti Energy Solutions Limited. The investment will be used to establish a greenfield manufacturing facility for high-efficiency Solar Domestic...

Juniper Green secures Rs 20.39 billion debt funding for new projects

Juniper Green Energy Limited has secured debt financing of Rs 20.39 billion from a consortium of domestic and international lenders to support its upcoming renewable energy projects and developments through its subsidiaries. The financing package...

IEX reports higher power trade volumes in Q3 FY 2026 with softer prices

Indian Energy Exchange Limited (IEX) has released its operational performance metrics for the nine months ending December 2025 (9MFY’26), the third quarter of fiscal year 2026 (Q3FY’26), and the month of December 2025. The data indicates consistent...

KSEBL approves Rs 648 crore capex plan

The Kerala State Electricity Board Limited (KSEBL) has approved a capital expenditure plan of Rs 647.8 crore for the 2026-27 financial year. The plan focuses on strengthening transmission and distribution networks, supporting energy storage...

Tata Power raises Rs 2,000 crore via NCDs, launches energy research lab

Tata Power Company Limited has reported two developments to the stock exchanges on 19 December 2025. The company confirmed the allotment of Rs 2,000 crore through non-convertible debentures and announced the launch of a research and innovation lab in...

Tata Power completes third tranche for 40 per cent stake in KHPL

The Tata Power Company Limited announced on December 18, 2025, that it has completed the third tranche of its investment to acquire a 40 per cent equity stake in Khorlochhu Hydro Power Limited (KHPL). The company invested Rs 64 crore in this tranche...

Emmvee subsidiary secures KIADB land, plans SPV investment

Emmvee Photovoltaic Power Limited announced on 17 December 2025 that its wholly owned subsidiary, Emmvee Energy Private Limited, has received a possession certificate for 100 acres of land from the Karnataka Industrial Areas Development Board...

ACME Solar appoints new CPO, secures Rs 4,725 crore financing

ACME Solar Holdings Limited has announced two developments aligned with its long-term growth strategy. On 17 December 2025, ACME Solar confirmed the appointment of Ayalur S Kumar as Chief Procurement and Supply Chain Officer. Kumar has over 30 years...

Tata Power outlines 30 GW capacity target by FY30

Tata Power outlined its medium-term growth strategy at its Analyst Meet held on 15 December 2025, with a focus on clean and green energy, transmission, distribution, and emerging technologies. The company said it is targeting a total operational...

AMPIN secures investment from FMO for renewable project expansion

AMPIN Energy Transition Private Limited has received a 50 million dollar investment from FMO, the Dutch entrepreneurial development bank that invests in more than 85 countries. AMPIN will use the funding to build new greenfield renewable projects in...

Reliance Power says operations unaffected after ED attachment reports

Reliance Power Limited has issued a clarification after reports of asset attachment by the Enforcement Directorate. The company said its operations remain unaffected and noted that most of the attached assets, valued at about Rs 101.17 billion...

JK Cement raises stake in O2 Renewable Energy V

JK Cement Limited has expanded its investment in O2 Renewable Energy V Private Limited with a further 12.21 per cent equity purchase for about Rs 0.05 billion. The transaction lifts its total shareholding in the O2 Power SPV to 28.97 per cent. The...

IEX records 17.7% rise in November power trade and IGX clears IPO move

Indian Energy Exchange Limited reported a 17.7 per cent year-on-year rise in electricity trading volumes in November 2025, with total transactions reaching 11,409 MU. The company also confirmed that Indian Gas Exchange Limited has secured board...

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NTPC REL signs PPA with PTC India for 1,200 MW solar power

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Power Sector News Roundup for July 3, 2026

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STEAG Energy wins Rs 1,437 crore O&M contract from Vedanta

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ACME to supply 405 kTPA green ammonia to Japan’s IHI Corporation

ACME Cleantech Solutions Private Limited (ACME Group) has signed long-term offtake agreements with...

IEX Q1 electricity trade rises 16% to 37.5 BU amid higher power demand

Indian Energy Exchange (IEX) traded 37,534 MU (37.5 BU) of electricity during the first quarter (Q1)...