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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...

Serentica plans up to $8 billion fundraise to expand clean energy portfolio

Serentica Renewables is planning to raise $6 to $8 billion over the next five years. This capital will fuel acquisitions and new projects, aiming to more than double its operational capacity. According to Chairman Pratik Agarwal, the company’s...

Avaada plans Rs 1 lakh crore investment over five years

Avaada Group plans to invest Rs 1 lakh crore across India over the next five years as it expands its presence in power generation and related businesses. Chairman Vineet Mittal said the group’s solar manufacturing arm has submitted documents to the...

Reliance and L&T announce $13.5 billion data centre investments

Reliance Industries and Larsen and Toubro (L&T) have announced new investments totalling $13.5 billion. Digital Connexion, the joint venture of Reliance Industries, Brookfield and Digital Realty, has outlined an 11 billion dollar plan to develop...

Sembcorp weighs IPO for India renewable arm

Sembcorp Industries, which is backed by Temasek, is reportedly considering an IPO for its Indian subsidiary Sembcorp Green Infra. The launch could take place in the next eight to nine months. The talks are at an early stage and the size of the issue...

VRPL to acquire full equity in Refex Engineering Products

Venwind Refex Power Limited, a wholly owned unit of Refex Industries Limited, plans to buy 100 per cent equity in Refex Engineering Products Private Limited. The move will place REPPL as a step-down subsidiary of Refex Industries. REPPL is now fully...

TotalEnergies weighs sale of up to 6 per cent stake in Adani Green

TotalEnergies is reportedly preparing to sell up to 6 per cent of its holding in Adani Green Energy Limited. The stake is valued at about USD1.14 billion, and the company is exploring the move to realise part of the gains from its investment...

Adani wins approval to acquire Jaiprakash Associates with Rs 14,535 crore plan

The Adani Group has received lender approval to acquire Jaiprakash Associates after its resolution plan secured 89 percent of the vote from the Committee of Creditors. The offer was valued at Rs 14,535 crore and was preferred for its higher upfront...

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Power Sector News Roundup for June 12, 2026

Hitachi Energy India to invest Rs 2,000 crore in Gujarat transformer plant Hitachi Energy India...

Hitachi Energy India to invest Rs 2,000 crore in Gujarat transformer plant

Hitachi Energy India Limited has announced an investment of around Rs 2,000 crore to establish a new...

JSW Energy commissions 150 MW Tidong hydro project

JSW Energy Limited, through its wholly owned subsidiary JSW Neo Energy Limited, has commissioned the...

RECPDCL transfers Jalna transmission SPV to MSETCL

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited...

POWERGRID wins Kakinada green hydrogen transmission project

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

ACME Solar commissions additional BESS capacity in Rajasthan

ACME Solar Holdings Limited (ASHL), through its wholly owned subsidiary ACME Sun Power Private...

Prozeal wins Rs 2,000 crore ONGC wind power contract

Prozeal Green Energy Limited has received a Notification of Award (NOA) from Oil and Natural Gas...

NTPC commissions additional 50 MW solar capacity in Rajasthan

NTPC Limited has declared commercial operation of an additional 50 MW solar capacity under a larger...

India yet to commission offshore wind despite 70 GW potential

India has yet to commission any offshore wind capacity despite an estimated 70 GW of technical...

China builds first integrated offshore solar, hydrogen and storage system

A coastal energy project combining 400 MW of offshore solar generation with on-site hydrogen...