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Transformers and Rectifiers secures Rs 103 crore order from GETCO
Transformers and Rectifiers (India) Limited (TARIL) has received a domestic order worth Rs 103.45 crore from Gujarat Energy Transmission Corporation Limited (GETCO) for the manufacturing and supply of 54 transformers of various types. In a regulatory filing dated November 10, 2025, TARIL stated that the order is part of its regular business operations and does…
Power Ministry updates contract rules, invites experts for hydro dispute resolution
On June 16, 2025, the Ministry of Power issued amendments to its 2021 guidelines on the Model Contract Provision for “Dispute Avoidance Mechanism” in hydro power projects. This mechanism involves appointing Independent Engineers (IEs) to resolve disagreements between Central Public Sector Enterprises (CPSEs) and contractors at an early stage. The updated provisions revise payment terms….
Sunsure Energy secures Rs 100 billion debt financing from REC
Sunsure Energy has signed an agreement with REC for debt financing worth Rs 100 billion to support the development of 3 GW of solar, wind, hybrid, and battery energy storage system (BESS) projects. The deal was inked during the fourth Global RE-Invest Meet and Expo organized by the Ministry of New and Renewable Energy (MNRE)…
CEA mandates smart meters in network areas, updates open access norms
The Central Electricity Authority (CEA) has amended its Installation and Operation of Meters Regulations, 2006, through a gazette notification dated April 1, 2026, making smart meters mandatory for all consumers in areas with communication network coverage, in line with timelines set by the Central Government. The revised regulation replaces clause (b) of sub-regulation (1) of…
US duty triggers sell-off in Indian solar stocks
Indian solar stocks declined sharply on February 25, 2026 after the US Commerce Department imposed a preliminary countervailing duty (CVD) of 125.87% on solar cell and module imports from India. Following the announcement, manufacturers including Emmvee Photovoltaic Power Limited, Waaree Energies Limited, and Premier Energies Limited issued statements indicating limited immediate impact on their business…
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ANDRITZ wins order for Adani’s Gandikota pumped storage plant
ANDRITZ has been awarded a contract by Adani Green Energy Ltd (AGEL) to provide equipment for the 1,800 MW Gandikota pumped storage plant (PSP) in YSR Kadapa district, Andhra Pradesh. The company will deliver reversible pump turbines, motor-generators, and related electromechanical systems. This marks the third order AGEL has given ANDRITZ, following the 500 MW…
