The Uttar Pradesh government has proposed an outlay of Rs 65,926 crore for the energy sector in FY 2026-27, an increase of 8% over the previous year. The allocation forms part of the state’s Rs 9,12,696 crore annual budget and covers generation...
Patel Engineering Limited (PEL) reported consolidated revenue from operations of Rs 1,239 Cr in Q3 FY26, compared to Rs 1,206 Cr in Q3 FY25, reflecting a 2.81% year-over-year increase. Consolidated net profit for the quarter stood at Rs 71 Cr. As of...
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 posted its strongest quarterly performance to date, while Inox...
Power Finance Corporation Limited (PFC) and REC Limited have informed the stock exchanges that they are proceeding with a proposed merger after the PFC board granted in-principle approval on February 6, 2026. In a joint filing dated February 12...
Alpex Solar Limited has approved an equity infusion of up to Rs 10 crore in its wholly owned subsidiary, Alpex Green Energies Private Limited, to support expansion, working capital, and operations. The subsidiary provides engineering, procurement...
INOX India Ltd, Coal India Limited, Hindalco Industries Limited, Insolation Energy Ltd, and Solex Energy have reported their Q3 FY26 results. INOX India recorded revenue of Rs 436 crore in Q3 FY26, up 27.4% year on year (YoY). Adjusted earnings...
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 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 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 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 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 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 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 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 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 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...
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 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 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 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...
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India’s total installed power capacity reached 524 GW at the end of February, according to official...
The National Company Law Tribunal (NCLT), Ahmedabad Bench, has approved the demerger of the Power...
ACME Solar Holdings Limited has commissioned a 142.67 MW / 481.49 MWh Battery Energy Storage System...
Orient Green Power Company Limited has informed stock exchanges that two promoter entities, Nivedana...
Coal India Limited (CIL) has informed stock exchanges that Central Mine Planning and Design...
India’s electricity sector is on the cusp of a carefully constructed experiment. The Ministry...
EAC clears Adani’s 1,200 MW pumped storage project in Uttar Pradesh The Expert Appraisal Committee...
Mahindra Susten Private Limited has achieved financial closure for its Hazel Hybren renewable energy...
The Directorate General of Trade Remedies (DGTR) has recommended extending countervailing duties...
Ashok Leyland Limited has started construction of a greenfield battery pack manufacturing facility...