The Bihar government is preparing to list Bihar State Power Transmission Company Limited (BSPTCL) on the National Stock Exchange (NSE), which would make it the first state-owned transmission utility in India to go public. Bihar Energy Secretary Manoj...
Indian Renewable Energy Development Agency Limited (IREDA) signed a facility agreement on Monday with Sumitomo Mitsui Banking Corporation (SMBC) Singapore Branch for an external commercial borrowing (ECB) of JPY 28 billion, including a green shoe...
NTPC Limited approved two major investment proposals at its board meeting on March 28, 2026, committing a combined Rs 8,995.57 crore across battery energy storage and thermal power expansion. Battery energy storage system NTPC approved an investment...
Solar financing startup Metafin has closed a $10 million structured debt facility, with the capital earmarked for expanding solar energy access in rural India. The funding comes from Lendable’s Transportation and Energy Fund. Focus on diesel...
The board of REC Limited has approved a market borrowing programme of up to Rs 1.6 lakh crore for the financial year 2026-27 (FY27), the company said in a stock exchange filing. The programme includes long-term bonds and non-convertible debentures...
Three entities of the Adani group have acquired equity shares in Adani Energy Solutions Limited (AESL) through open market transactions, as per a disclosure to stock exchanges. Adani Infra (India) Limited acquired 1.18 crore equity shares...
The board of NHPC Ltd has approved a plan to raise up to Rs 8,000 crore during the financial year 2026-27 (FY27). The funds will be mobilised through secured or unsecured non-convertible corporate bonds via private placement, along with term loans or...
Mumbai-based diesel generator and power solutions manufacturer Powerica has raised Rs 329.4 crore from 17 anchor investors ahead of its public issue, which opened on March 24. The company allotted 83.39 lakh shares at the upper end of its price band...
Coal India Limited (CIL) has approved in-principle plans to list two of its subsidiaries, South Eastern Coalfields Limited (SECL) and Mahanadi Coalfields Limited (MCL), on domestic stock exchanges, with divestment of up to 25% equity in each through...
Delhi Chief Minister and Finance Minister Rekha Gupta has allocated Rs 3,942 crore to the Power Department in the Rs 1,03,700 crore Budget for 2026-27, presented on March 24, 2026. The budget positions itself as Delhi’s first Green Budget, with...
Power Grid Corporation of India (PGCIL) has increased its capital expenditure (capex) guidance for FY26 to Rs 35,000 crore and has already surpassed the target, reporting actual capex of Rs 35,540 crore as of March 22, 2026, or about 102% of the...
Bluspring Enterprises Limited has agreed to acquire 100% of STEAG Energy Services India Private Limited, expanding its presence in power sector operations and maintenance (O&M). The transaction will add nearly 7 GW of managed assets and close to...
Indian Renewable Energy Development Agency Limited (IREDA) has increased its borrowing limit for FY2025-26 and approved a higher market borrowing programme for FY2026-27, indicating rising financing demand from India’s renewable energy sector. At its...
APAR Industries Limited has approved two investment proposals at its board meeting held on March 18, 2026, covering capital infusion into its United States subsidiary and expansion of captive renewable capacity in Gujarat through an associate entity...
Websol Energy System Limited has completed a promoter-led capital raise of Rs 48.09 crore through the conversion of previously issued warrants into equity shares. The allotment was approved at a board meeting held on March 13, 2026. The shares were...
Sunsure Energy has secured Rs 606.22 crore in debt financing for solar projects across Maharashtra and Uttar Pradesh, with RBL Bank entering as a new lender alongside existing financier Aseem Infrastructure Finance Limited. RBL Bank has extended Rs...
CleanMax Enviro Energy Solutions Limited reported consolidated earnings before interest, tax, depreciation and amortisation (EBITDA) of Rs 945 crore for the first nine months of FY26, a 33% increase from Rs 709 crore in the same period last year. The...
ReNew Green Energy Solutions, the commercial and industrial (C&I) clean energy arm of ReNew Energy Global, has raised USD 95 million in an equity funding round. The transaction was led by LeapFrog Investments with a USD 50 million commitment...
Power Finance Corporation Limited (PFC) has approved a borrowing programme of up to Rs 1,60,000 crore for FY2026-27 at its board meeting held on March 17, 2026. The board also approved closure of an 18-year-old project subsidiary that did not...
The National Company Law Tribunal (NCLT), Ahmedabad Bench, has approved the demerger of the Power Evacuation Business of Inox Green Energy Services Limited (IGESL) into Inox Renewable Solutions Limited (IRSL). The order was pronounced on March 13...
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Inox Wind Limited has signed a Memorandum of Understanding (MoU) with Inox Clean Energy for the...
Bondada Engineering Limited has received a Notification of Award (NOA) from NTPC Renewable Energy...
The Ministry of Road Transport and Highways (MoRTH) has signed the first Memorandum of Understanding...
HVR Solar has signed a series of memorandums of understanding (MoUs) with international technology...
Suzlon Energy Limited has commissioned its 5 MW S175 wind turbine at a project site in Vijayanagar...
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Geopolitical instability and volatile energy costs are accelerating corporate interest in...
The Nuclear Power Corporation of India Limited (NPCIL) has completed erection of the Reactor...
NHPC Limited has completed the boxing-up of Unit 5 of the 2,000 MW Subansiri Lower Hydroelectric...
The Ministry of New and Renewable Energy (MNRE) has expanded the list of Scheme Implementation...