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Genus Power appoints executive director, posts strong Q3 FY26 results

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 posts Rs 34 crore loss in Q3 FY26

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...

PFC board approves in-principle merger with REC, exits PTC India board

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 posts higher profit on record Q3 wind deliveries

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 posts sharp profit growth in Q3 FY26

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 reports margin expansion in Q3 FY26 results

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...

Tata Power posts strong Q3 as renewable, manufacturing units drive growth

Tata Power Company Limited reported robust financial performance for the third quarter and nine month period of fiscal year 2026, led by strong growth in its renewable energy, manufacturing, and distribution businesses. For the quarter ended December...

Vikran Engineering sets up solar SPV for NTPC project, extends Rs 49.15 crore loan

Vikran Engineering Limited has taken key corporate steps to support its renewable energy execution plans, including the incorporation of a project specific subsidiary for a large solar contract and the extension of an inter corporate loan. In...

Saatvik Green posts revenue growth, expands manufacturing capacity

Saatvik Green Energy Limited reported strong growth in its quarterly and nine month financial performance, supported by higher volumes and improved operational efficiency. For the third quarter of fiscal year 2026, the company recorded consolidated...

NHPC posts Q3 profit, declares interim dividend, updates on projects

NHPC Limited announced its financial results for the third quarter ended December 31, 2025, along with an interim dividend and updates on project commissioning and board level decisions. For Q3, NHPC reported a standalone profit of Rs 292.87 crore...

KPIL reports strong Q3, nine month growth on execution and order book strength

Kalpataru Projects International Limited (KPIL) posted strong financial performance in the third quarter and nine month period of fiscal year 2026, driven by higher revenues, margin expansion, and a solid order book. In its financial results released...

IEX records highest-ever monthly power trade in January 2026

Indian Energy Exchange (IEX) reported its highest monthly electricity traded volume at 13,050 million units (MU) in January 2026, up 19.6% from the same month last year. Higher supply liquidity and lower prices across key segments supported the...

Kerala budget 2026-27 outlines energy investments and green hydrogen push

Kerala’s Finance Minister K.N. Balagopal has set out the state’s energy priorities in the 2026-27 budget, with funding for renewable energy, grid upgrades and new technologies such as green hydrogen. The proposals focus on improving energy...

KEC International, Power Grid, Reliance Power, Solarworld report Q3 FY26 results

KEC International Limited, Power Grid Corporation of India Limited, Reliance Power Limited, and Solarworld Energy Solutions Limited have announced their financial results for the third quarter of FY26 and the nine month period ended December 31...

Inox Clean Energy raises Rs 3,400 crore NaBFID loan for debt refinancing

Inox Clean Energy Limited (ICEL) has secured a 20-year loan of Rs 3,400 crore from the National Bank for Financing Infrastructure and Development (NaBFID). The funds are designated to refinance existing debt associated with several operational...

IEX, Adani Power, ACME Solar, NTPC Green and REC report Q3 results

Major Indian power sector players show mixed Q3 FY26 results, reflecting varied market dynamics. Adani Power Limited posted a decline in performance for the third quarter of FY26. Net profit fell 18.9% year on year to Rs 2,479 crore, compared with Rs...

Exide invests Rs 50 crore more in lithium ion arm EESL

Exide Industries Limited has infused an additional Rs 50 crore into its wholly owned subsidiary, Exide Energy Solutions Limited (EESL). The investment, completed on January 28, 2026, takes Exide’s total exposure in the lithium ion battery business to...

GE Vernova, L&T and Bondada report strong Q3 FY26 performance

GE Vernova T&D India Limited, Larsen and Toubro Limited (L&T), and Bondada Engineering Limited reported strong quarterly financial and order book performance, supported by higher order inflows, improved execution and margin expansion across...

CG Power posts record quarterly revenue and PBT in Q3 FY26

CG Power and Industrial Solutions Limited reported a strong financial performance in the third quarter of FY26, posting its highest standalone quarterly revenue and Profit Before Tax (PBT) to date. The results were supported by strong order inflows...

Adani Power allots Rs 7,500 crore NCDs under approved fundraising plan

Adani Power Limited has allotted secured, listed, non-convertible debentures worth Rs 7,500 crore through a private placement. The issuance is part of a fundraising plan approved earlier by the company’s Board. The debentures have been issued in...

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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

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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)...