News Subsections

Solarworld Energy’s PAT rises 56% in FY26 as BESS and solar EPC scale up

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...

Order book at Rs 3,498 crore: Diamond Power eyes long-term power sector upcycle

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 Q4 profit rises 11%; approves Rs 73 crore EHV upgrade

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 Q4 profit rises 51%; expands BESS and renewable pipeline

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 FY26 revenue jumps 54% to Rs 16,679 crore

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 Q4 profit rises 80%; approves Rs 2,000 crore capex

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 FY26 revenue jumps 61% to Rs 2,163 crore

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...

Pace Digitek FY26 revenue rises 8.3% to Rs 2,641 crore

Pace Digitek Limited reported its audited financial results for the quarter and financial year ended March 31, 2026, with growth in revenue and profit supported by expansion in its battery energy storage system (BESS) and telecom infrastructure...

Vikran Engineering order book rises to Rs 5,737 crore in FY26

Vikran Engineering Limited reported audited financial results for the quarter and financial year ended March 31, 2026, with its consolidated order book crossing Rs 5,000 crore at the end of FY26. The company said the order pipeline was supported by...

SWELECT Energy reports FY26 PAT of Rs 57.58 crore

SWELECT Energy Systems Ltd. reported a consolidated profit after tax (PAT) of Rs 57.58 crore for the financial year ended March 31, 2026, compared to Rs 13.98 crore in the previous fiscal year. The company’s board approved the standalone and...

NTPC Green Energy Q4 profit falls 15.5% despite revenue growth

NTPC Green Energy reported a consolidated net profit of Rs 197 crore for Q4 FY26, registering a year-on-year decline of 15.5% from Rs 233 crore in the corresponding quarter last year. The decline came despite strong growth in revenue and operating...

Saatvik Green Energy posts record FY26 revenue, profit

Saatvik Green Energy Limited reported its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, recording its highest-ever annual revenue, EBITDA, and profit after tax (PAT). Revenue from...

Solfin raises Rs 280 crore for clean energy financing expansion

Solfin Sustainable Finance has raised Rs 280 crore in a recently closed funding round and reported profitability within its first full year of operations. The Gurugram-based non-banking financial company (NBFC) focuses on financing rooftop solar...

Sunstream Green secures Rs 700 crore refinancing for 250 MW solar portfolio

Sunstream Green Energy has secured Rs 7 billion (around Rs 700 crore) in refinancing from State Bank of India (SBI) for a solar portfolio exceeding 250 MW across 17 sites in Maharashtra. According to the company, the portfolio was developed over...

ReNew Energy posts higher FY26 profit despite weaker Q4 earnings

ReNew Energy Global Plc reported a sharp rise in FY26 profitability, with net profit increasing to Rs 1,038.5 crore from Rs 459.1 crore in FY25, supported by higher revenues and strong growth in its manufacturing business. Total income for FY26 rose...

Solex Energy FY26 income jumps 144% to Rs 1,621 crore amid expansion push

Solex Energy Limited reported a total income of Rs 1,621.1 crore for the financial year ended March 31, 2026, marking a 143.9% year-on-year (YoY) increase from Rs 664.8 crore in FY25. Revenue for the fourth quarter of FY26 stood at Rs 885.8 crore, up...

GE Vernova T&D India posts record FY26 orders, approves Vallam facility

GE Vernova T&D India Limited reported audited financial results for the fourth quarter and full year ended March 31, 2026, with record order bookings and strong growth in revenue and profitability. The Board also approved an investment of Rs 550...

FY26 results roundup: KPIL, KEC International, Power Grid, Premier Energies, Siemens Energy, SJVN, Oswal Pumps

Several companies across power infrastructure, engineering, procurement and construction (EPC), renewable energy, and hydropower reported their FY2025-26 financial results the previous week. Here is a summary of the key announcements. Kalpataru...

PFC and REC boards approve merger proposal for presidential clearance

REC Limited and Power Finance Corporation Limited (PFC) have announced that their respective Boards of Directors have approved the proposal for the merger of REC into PFC, subject to the approval of the Hon’ble President of India in accordance with...

NLC India posts record FY2025-26 profit, generation and capex

NLC India Limited reported its highest-ever production, power generation and financial performance since inception during FY2025-26, supported by higher coal output, increased renewable energy generation and capacity additions across thermal and...

Monthly Magazine

Subscribe To Our Newsletter

Loading

Recent Posts

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

NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited...

Power Sector News Roundup for July 3, 2026

Assam’s transmission network set for upgrade with six new projects Assam Electricity Grid...

Quality Power subsidiary wins FACTS order from Japan

Quality Power Electrical Equipments Limited has announced that its material step-down subsidiary...

Tata Power Renewable commissions 100.8 MW Jewali wind project in Maharashtra

Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, has...

Adani, Azure, ACME plants found non-compliant after grid disturbances

The Northern Regional Load Despatch Centre (NRLDC) has identified multiple renewable energy...

India lacks equipment for continuous radioactivity monitoring, Adani tells EAC

India does not currently have commercially available instruments for continuous monitoring of...

Why solar-plus-storage is key to India’s energy future

India’s energy sector is going through a major transformation, driven by the powerful...

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

STEAG Energy Services (India) Private Limited, a wholly-owned step-down subsidiary of Bluspring...

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)...