Servotech Renewable Power System Ltd. reported strong growth in revenue and profitability during the quarter ended June 30, 2026, driven by demand across its clean energy portfolio, which includes electric vehicle (EV) charging infrastructure, solar...
Adani Energy Solutions Limited (AESL) reported strong growth across its transmission, smart metering, distribution and Energy Solutions Platform businesses during the quarter ended June 30, 2026, with consolidated total income rising 40% year-on-year...
Atlanta Electricals Limited reported consolidated revenue from operations of Rs 466.33 crore for the quarter ended June 30, 2026, registering a 48.0% increase over the corresponding period last year. The growth was supported by execution of domestic...
Transformers and Rectifiers (India) Limited (TARIL) reported consolidated revenue from operations of Rs 572.34 crore for the quarter ended June 30, 2026, registering an increase of 8% over the corresponding period last year. The company also reported...
Bharat Heavy Electricals Ltd (BHEL), Sterling and Wilson Renewable Energy Limited (SWREL) and Borosil Renewables reported updates on their order books and financial performance for the first quarter of FY27, highlighting continued activity across...
ACME Solar Holdings Limited has secured long-term project financing of Rs 2,646.64 crore from REC Ltd for the ACME Greentech Seventh 450 MW/1800 MWh Assured Peak Power Project. According to the company, REC Ltd will act as the sole lender for the...
British International Investment (BII) has partially syndicated its mezzanine debt investment in Blueleaf Energy to the Emerging Africa & Asia Infrastructure Fund (EAAIF), marking a new financing partnership to support the renewable energy...
A 320 MW round-the-clock (RTC) hybrid renewable energy project developed by ReNew and Mitsui in India has secured refinancing through a US$730 million green loan from a consortium of 12 banks. The financing will be used to refinance the...
Emmvee Photovoltaic Power Limited reported its strongest quarterly performance to date for the quarter ended June 30, 2026, driven by higher production volumes, increased utilisation of internally manufactured solar cells and operating leverage from...
The Assam government has announced a planned investment of Rs 77,353 crore in the power sector under the 2026-27 Budget, with a focus on expanding generation capacity, strengthening transmission and distribution infrastructure, and accelerating...
Serentica Renewables has secured debt financing of up to USD 345.1 million from a consortium of lenders led by the Asian Development Bank (ADB) to develop and refinance a solar-wind hybrid project in Koppal, Karnataka. The financing has been raised...
TPG has signed definitive agreements to acquire a 100% stake in Aseem Infrastructure Finance alongside co-investors GIC and ICICI Bank. The investment will be made through TPG Rise Climate, the firm’s dedicated climate investing platform, while...
Vedanta Power Limited reported power sales of 5,225 million units in the quarter ended June 30, 2026, up 38% from 3,786 million units in the corresponding quarter of the previous year. On a sequential basis, however, power sales declined 6% from...
Indian Energy Exchange (IEX) traded 37,534 MU (37.5 BU) of electricity during the first quarter (Q1) of FY 2026-27, registering a 15.9% year-on-year increase. The growth was driven by higher electricity demand during a hotter-than-normal summer, with...
Inox Clean Energy Limited, the integrated renewable energy platform of the INOXGFL Group, has secured an investment of Rs 700 crore from the Adar Poonawalla Family Office through Rising Sun Holdings Pvt. Ltd. The investment values the company at Rs...
Coal India Limited (CIL) plans to invest approximately Rs 1,900 crore in research and development (R&D) by the end of FY2030 as it increases focus on technologies with higher levels of commercial readiness. The company is expanding its R&D...
In a historic development for India’s power sector, the boards of Power Finance Corporation Limited (PFC) and REC Limited have approved a Scheme of Merger under Sections 230 to 232 of the Companies Act, 2013, for the amalgamation of REC into...
POWERGRID Corporation of India Limited’s Board of Directors has approved an increase in the company’s borrowing limit from Rs 1,80,000 crore to Rs 2,20,000 crore, subject to shareholders’ approval at the upcoming Annual General...
The West Bengal government has allocated Rs 5,345.16 crore to the Power Department in its 2026-27 budget, outlining a series of thermal power, renewable energy and transmission infrastructure projects to meet rising electricity demand. The budget...
Diamond Power Infrastructure Limited has approved a proposal to raise up to Rs 2,000 crore through a Qualified Institutions Placement (QIP), doubling its earlier fundraising limit of Rs 1,000 crore. The decision was taken by the company’s Board...