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India | Leadership | NewsWaaree reshuffles top leadership, appoints new CEO and CFO
Waaree Energies Limited has made sweeping changes to its senior management, replacing both its Chief Executive Officer and Chief Financial Officer on the same day while also bringing in two new senior appointments. CEO transition Amit Ashok Paithankar stepped down as Whole-Time Director and CEO on March 20, 2026, ahead of the May 15 date…
JSW signs wind PPA with Adani, commissions 281 MW hybrid project
JSW Renew Energy Three Limited, a step-down subsidiary of JSW Energy Limited (JSWEL), signed a 25-year power purchase agreement (PPA) with Adani Electricity Mumbai Limited (AEML) on June 5, 2025. The agreement covers a 250 MW State Transmission Utility (STU)-connected wind power project to be developed in Barshi, Maharashtra. The PPA stems from a bidding…
India | Leadership | NewsSJVN appoints Parthajit De as Director (Finance)
SJVN Limited has appointed Parthajit De as Whole-time Director (Finance) on its board, effective March 19, 2026. The appointment, for a five-year term, was made by the Ministry of Power (MoP) and disclosed to stock exchanges on the same day. De joins SJVN from NHPC Limited, where he spent over 27 years across project locations…
TARIL secures USD 16.26 million export transformer order
Transformers and Rectifiers (India) Limited (TARIL) has secured an export order worth USD 16,258,352, equivalent to about Rs 150 crore, from PDC AK LPIV, LLC. The contract covers the manufacturing and supply of five transformers, with delivery scheduled by mid-2027. The company stated that the order falls within its normal course of business and does…
MoP unveils National Electricity Plan for transmission
The Ministry of Power (MoP) has launched the National Electricity Plan for transmission, targeting the transmission of 500 GW of renewable energy by 2030 and over 600 GW by 2032. The plan also addresses the need for 47 GW of battery energy storage systems and 31 GW of pumped storage plants. From 2022-23 to 2031-32,…
SC bars discoms from recovering depreciation on idle assets
The Supreme Court of India has set aside an order of the Appellate Tribunal for Electricity (APTEL), ruling that Tata Power Delhi Distribution Limited (TPDDL) cannot recover depreciation costs for the decommissioned Rithala Combined Cycle Power Plant after it stopped supplying electricity. The judgment restores the 2019 order of the Delhi Electricity Regulatory Commission (DERC)…
