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RECPDCL incorporates SPV for Madhya Pradesh transmission project
REC Power Development and Consultancy Limited (RECPDCL), a wholly-owned subsidiary of REC Limited, has incorporated Kukshi Alirajpur Transmission Limited as a Special Purpose Vehicle (SPV) for the project, “Strengthening of Intra-State Transmission System at Kukshi/ Alirajpur Area by Establishment of New EHV Substations & Associated Transmission Lines” in Madhya Pradesh. The transmission scheme is aimed…
NLDC issues revised procedure for temporary GNA through NOAR
The National Load Despatch Centre (NLDC) has issued a revised comprehensive procedure for granting Temporary General Network Access (T-GNA) to the inter-State Transmission System (ISTS) through the National Open Access Registry (NOAR). The updated procedure came into effect on June 24, 2026, and sets out the framework for processing short-term interstate electricity transactions. The procedure…
Goa introduces additional subsidy for rooftop solar installations
The Government of Goa has introduced a State Subsidy Scheme for rooftop solar systems, providing eligible consumers with financial support in addition to the Central Financial Assistance (CFA) available under the PM Surya Ghar: Muft Bijli Yojana. The scheme is intended to increase rooftop solar adoption, reduce dependence on conventional electricity sources and enable consumers…
CG Power posts strong Q4 and record FY26 performance
CG Power and Industrial Solutions Limited reported strong growth in the quarter ended March 31, 2026, alongside record financial performance for the full fiscal year, supported by steady order inflows and operational execution. For Q4 FY26, consolidated net profit rose 33.4% to Rs 365.5 crore from Rs 274 crore year-on-year. Revenue increased 25% to Rs…
Sterlite Electric exports first 220 kV power cable order to Sri Lanka
Sterlite Electric has flagged off its first export order for 220 kV power cables to Sri Lanka. The order comprises single-core (1C) 630 sqmm cross-linked polyethylene (XLPE)-insulated power cables for a substation project in Colombo. The cables are being supplied to National Transmission Network Service Provider Pvt. Ltd. (NTNSP), formerly known as the Ceylon Electricity…
MSP Steel signs 25-year solar PPA at Rs 3.17 per unit
MSP Steel and Power Limited has signed a long-term Power Purchase Agreement (PPA) with Elevate Solar Energy Private Limited to procure solar power under the Group Captive Open Access mechanism. The agreement was executed on June 18, 2026, and will remain in force for 25 years. Under the agreement, Elevate Solar Energy will supply a…
