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Emmvee reports strong FY26 growth on higher solar output

Emmvee Photovoltaic Power Limited reported a sharp increase in its audited financial results for the quarter and year ended March 31, 2026, driven by higher production and capacity expansion. For FY26, revenue from operations rose 116% year-on-year...

Bondada Engineering reports strong FY26 growth on EPC execution

Bondada Engineering Limited reported higher revenue and profit for the quarter and year ended March 31, 2026, supported by growth across its Engineering, Procurement, and Construction (EPC) and operations and maintenance (O&M) segments. On a...

Websol Energy posts strong FY26 growth on higher solar output

Websol Energy System Limited reported a sharp increase in its audited financial results for the quarter and year ended March 31, 2026, supported by higher production and capacity utilisation. Revenue from operations in Q4FY26 rose 132.1% year-on-year...

Coal India FY26 profit falls 12% on higher costs, flat revenue

Coal India Limited (CIL) reported a 12% year-on-year decline in consolidated net profit for FY 2025-26, at Rs 31,071 crore compared to Rs 35,450 crore in the previous fiscal. The decline was driven by a one-time provision for executive pay revision...

Adani Energy Q4 profit rises 5.66% as revenue grows 15.9%

Adani Energy Solutions Limited (AESL) reported a 5.66% year-on-year increase in consolidated profit attributable to owners at Rs 684 crore for the quarter ended March 31, 2026, supported by strong revenue growth driven by project execution and...

IEX FY26 profit rises 14.9% as volumes hit record 141.1 BU

Indian Energy Exchange (IEX) reported audited results for the quarter and year ended March 31, 2026, with record electricity traded volumes and double-digit growth in profitability. For FY26, consolidated Profit After Tax (PAT) rose 14.9%...

Transformers & Rectifiers posts strong FY26 growth

Transformers & Rectifiers (India) Ltd (TARIL) reported steady financial growth in the fourth quarter (Q4) and full year FY26, with higher revenue and profitability across standalone and consolidated operations. The performance reflects continued...

Indosolar reports 350% rise in FY26 profit on higher module output

Indosolar Limited reported a sharp improvement in financial performance for the fiscal year ended March 31, 2026, supported by higher module production and operational efficiencies. Profit After Tax (PAT) rose to Rs 246.60 crore, up 350.16% from Rs...

Onix Solar plans Rs 130 crore rights issue

Onix Solar Energy Limited has approved a proposal to raise up to Rs 130 crore through a rights issue of equity shares. The decision was taken at a Board meeting held on April 17, 2026, via video conferencing. The issue will involve equity shares with...

Waaree Renewable Technologies doubles revenue, profit in FY26

Waaree Renewable Technologies Limited (WRTL), the engineering, procurement, and construction (EPC) arm of the Waaree Group, reported strong financial results for the financial year ended March 31, 2026. The company more than doubled its revenue and...

NHPC approves monetisation of returns from Uri-II, Dhauliganga plants

NHPC Limited has approved a proposal to monetise future cash flows, specifically the return on equity (RoE), from its Uri-II and Dhauliganga power stations for a period of 10 years. The decision was taken at a board meeting held on April 14, 2026...

Maharashtra clears MSEDCL split, Mahavitaran IPO plan

The Maharashtra state cabinet has approved a restructuring of Maharashtra State Electricity Distribution Company Limited (MSEDCL), paving the way for its bifurcation and a planned stock market listing. The move positions the utility to potentially...

Om Power Transmission plans Rs 150 crore IPO

Om Power Transmission, an engineering, procurement and construction (EPC) company in power transmission infrastructure, is seeking to raise Rs 150 crore through an initial public offering (IPO). The issue comprises 85.75 lakh equity shares, including...

MoP allows insurance surety bonds in power procurement

The Ministry of Power (MoP) has directed all states, union territories, and power utilities to accept Insurance Surety Bonds (ISBs) as an alternative to bank guarantees for bid security and performance security. The directive takes effect from April...

NPCIL IPO likely in 2026 as budget support is cut sharply

The Initial Public Offering (IPO) of Nuclear Power Corporation of India Limited (NPCIL) is expected to materialise this year after remaining in the pipeline for over 15 years. The Department of Atomic Energy (DAE) informed a Parliamentary Standing...

IRFC disburses Rs 1,000 crore loan to MAHAGENCO

Indian Railway Finance Corporation (IRFC), a Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Railways, has sanctioned and fully disbursed a Rs 1,000 crore term loan to Maharashtra State Power Generation Company Limited...

IEX records highest ever annual electricity trade at 141 BU in FY’26

Indian Energy Exchange (IEX) reported its highest ever annual traded electricity volume of 141 billion units (BU) for the fiscal year 2025–2026, marking a 17% increase over the previous year. The growth was supported by improved supply liquidity and...

Cosmic PV Power files DRHP for Rs 6,400 million IPO

Cosmic PV Power Limited has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise Rs 6,400 million through an initial public offering (IPO). The issue comprises a fresh equity component of up to...

Inox Clean Energy acquires Vibrant Energy for ~Rs 5,000 crore

INOXGFL Group has expanded its renewable portfolio, with subsidiary Inox Clean Energy completing the acquisition of Vibrant Energy from Macquarie Corporate Holdings for around Rs 5,000 crore. The transaction, completed in four months, adds a 1,337 MW...

IREDA loan book crosses Rs 93,000 crore in FY2026

Indian Renewable Energy Development Agency Limited (IREDA) reported provisional business performance for the financial year ended March 31, 2026, with its loan book outstanding reaching Rs 93,075 crore, up 22% from Rs 76,282 crore a year earlier...

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ADB approves $850 million loan to support India’s rooftop solar rollout

The Asian Development Bank (ADB) has approved an $850 million loan to support reforms aimed at...

Coal quality issues leave 1,700 MW unavailable at MAHAGENCO plants

Maharashtra faced power shortages in June 2026 that led to load shedding on 11 days, with poor coal...

NPCIL, IIT Bombay partner on soil improvement technique for GHAVP 3 & 4

Nuclear Power Corporation of India Limited (NPCIL) and Indian Institute of Technology Bombay (IIT...

Vikran Engineering commissions 132 kV Miao–Namsai transmission line in Arunachal Pradesh

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Pace Digitek signs EPC contract with NLC for 250 MW/500 MWh BESS in Tamil Nadu

Pace Digitek Limited has signed an Engineering, Procurement and Construction (EPC) contract with NLC...

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L&T Q1 PAT rises 14% to Rs 4,123 crore; order book reaches Rs 778,954 crore

Larsen & Toubro Limited (L&T) reported consolidated Profit After Tax (PAT) of Rs 4,123 crore...

PFCCL incorporates SPV for 5×500 MVA Benachigere transmission project

PFC Consulting Limited (PFCCL), a wholly-owned subsidiary of Power Finance Corporation Limited...

NCT’s new scheme to act as “shock absorber” for northern grid

The National Committee on Transmission (NCT) has approved a Rs 4,378 crore transmission scheme to...

AMPIN Solar ONE rolls out first solar cell from 1.3 GW Odisha plant

AMPIN Solar ONE, the joint venture between AMPIN Energy Transition and Jupiter International...