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NLC India commissions 53 MW of Barsingsar solar project, reports FY25 profit growth
NLC India Limited has commissioned 52.83 MW of its 300 MW solar power project at Barsingsar in Bikaner district, Rajasthan. The company received the commissioning certificate from Rajasthan Renewable Energy Corporation Limited on 26 August 2025. For the quarter ending June 2025, NLC India reported consolidated revenue of Rs 3,825.61 crore, compared with Rs 3,836.00…
INOX India, Suzlon Energy, and ACME Solar report Q2 FY26 results
INOX India Ltd, Suzlon Energy, and ACME Solar Holdings have reported solid financial results for the second quarter of FY26. INOX India Ltd recorded a 16% year-on-year increase in revenue to Rs 371 crore in Q2 FY26. EBITDA rose 18% to Rs 92 crore, while profit after tax (PAT) grew 22.9% to Rs 62 crore….
ACEN–UPC JV begins work on 540 MW solar and wind projects
The joint venture of ACEN and UPC Renewables has commenced construction of two large-scale renewable energy projects in India. The work began on June 25, 2025, and includes a 420 MW solar power project in Rajasthan and a 120 MW wind power project in Karnataka. The wind project in Karnataka is being developed for SJVN…
India to invest Rs 9.12 trillion in power transmission infrastructure by 2032
India plans to invest Rs 9.12 trillion to enhance its power transmission infrastructure by 2032, as detailed in the National Electricity Plan (Transmission) presented by Union Minister Shripad Yesso Naik in the Rajya Sabha. The plan covers the addition of 1,91,474 circuit kilometers (ckm) of transmission lines and 1,274 Giga Volt Ampere (GVA) of transformation…
Tata Power’s board approves Rs 56.66 bn to set up 1,000 MW PSP
Tata Power‘s board has approved an investment of Rs 56.66 billion to develop a 1,000 MW pumped storage hydro project in Bhivpuri, Maharashtra. The project is slated for completion over 44 months, with financing structured as 75% debt and 25% equity. This initiative will enhance Tata Power’s existing capacity of 15.2 GW. Pumped storage hydro…
Power Grid acquires Bikaner A and B Transmission Projects for Rajasthan REZ
Power Grid Corporation of India Ltd (PGCIL) has acquired Bikaner A Power Transmission Ltd (BATPL) and Bikaner B Power Transmission Limited, both established to support the “Transmission system for evacuation of power from Rajasthan REZ Phase IV (Part-3: 6 GW) [Bikaner complex]” on a build, own, operate, and transfer (BOOT) basis. The acquisition from REC…
