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NTPC achieves fastest ever 300 BU generation milestone
NTPC Group reached a significant milestone by achieving 300 billion units (BU) of power generation on December 8, 2024, in FY 2024-25, marking the fastest-ever achievement in just 252 days. This accomplishment is 10 days earlier compared to the previous financial year when the company crossed the 300 BU mark on December 18, 2023. The…
JSW Energy posts rise in volumes and earnings in Q3 FY26
JSW Energy Limited reported strong operational and financial growth for the quarter ended December 31, 2025, driven by capacity additions and recent acquisitions. Power sale volumes rose 65% year on year, while EBITDA increased 98%. Profit After Tax (PAT) surged 150% from the same period last year to Rs 420 crore. Joint Managing Director and…
Waaree secures 300 MW module order from Sembcorp
Waaree Energies Limited has secured a 300 MW solar module supply order from Sembcorp Green Infra Private Limited for large scale solar projects in Rajasthan. Under the module supply contract, Waaree will supply G12R Tunnel Oxide Passivated Contact (TOPCon) dual glass bifacial solar modules for deployment at Sembcorp’s solar project sites in Rajasthan. The company…
REC and PFC post Q1 results with record profits
REC Limited and Power Finance Corporation (PFC) have both posted significant profit growth for the first quarter of FY26. REC reported its highest-ever quarterly net profit of Rs 4,451 crore, marking a 29 per cent rise compared to the previous year. Disbursements for the quarter reached Rs 59,508 crore, a 36 per cent increase year-on-year….
MHI launches tender for 10 GWh grid-scale ACC manufacturing capacity
The Ministry of Heavy Industries (MHI) has issued a global Request for Proposal (RFP) to identify beneficiaries for setting up 10 GWh of giga-scale Advanced Chemistry Cell (ACC) manufacturing capacity in India. The facilities will be developed for Grid-Scale Stationary Storage Systems (GSSS) under the Production Linked Incentive (PLI) Scheme for ACC Battery Storage. The…
REC subsidiary transfers Umred transmission SPV to MAHATRANSCO
REC Limited has informed the stock exchanges that its wholly owned subsidiary, REC Power Development and Consultancy Limited (RECPDCL), has completed the sale and transfer of Umred Power Transmission Limited. The project-specific special purpose vehicle (SPV) has been transferred to the successful bidder after receipt of consideration. Umred Power Transmission Limited was incorporated on July…
