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Global solar and wind generation surpass gas for the first time
Electricity generation from solar and wind power globally exceeded gas-fired generation for the first time on record in April 2026, according to data analysed by British energy think tank Ember. Combined electricity generation from wind and solar reached 531 terawatt-hours (TWh) during the month, accounting for 22% of global electricity generation. In comparison, gas-fired power…
Vikram Solar posts 79.7% revenue growth in Q1 FY 2025-26
Vikram Solar Limited has reported revenue of Rs 11.33 billion for the first quarter of FY 2025-26, ending June 30, 2025. This reflects a 79.7 per cent increase from Rs 6.30 billion in the same period last year. Earnings before interest, taxes, depreciation, and amortisation stood at Rs 2.42 billion in Q1 FY 2025-26, compared…
KERC concludes FY25 APR cycle with mixed true up outcomes across all licensees
The Karnataka Electricity Regulatory Commission (KERC) has concluded its Annual Performance Review (APR) for FY2024-25 across all electricity licensees in the state through a batch of orders dated April 17, 2026. The orders cover five electricity supply companies BESCOM, HESCOM, GESCOM, CESC, and MESCOM, along with the state transmission utility KPTCL, cooperative licensee HRECS, and…
PGCIL launches national network system project
Power Grid Corporation of India Ltd (PGCIL) has cleared a Rs 131.68 crore project titled Establishment of State-of-the-Art National Unified Network Management System (N-UNMS). This will integrate all regional network management systems into a unified national platform. The decision was taken by PGCIL’s Committee of Directors on Investment on Projects during its June 10, 2025…
Solex Energy secures Rs 188.74 million solar module supply contract
Solex Energy Limited has won a Rs 188.74 million contract from Thenpandian Energy Innovations Private Limited to supply solar modules for a 13 MW solar photovoltaic (PV) power project in India. The contract, awarded on November 30, 2024, involves the delivery of MONO BIFACIAL M10 PV modules. The modules will be supplied within six months…
NLC India posts record FY2025-26 profit, generation and capex
NLC India Limited reported its highest-ever production, power generation and financial performance since inception during FY2025-26, supported by higher coal output, increased renewable energy generation and capacity additions across thermal and green energy projects. For the fourth quarter of FY2025-26, consolidated profit after tax (PAT) surged 181% year-on-year to Rs 1,341.9 crore. Consolidated revenue from…
