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Q1 FY26 results: PowerGrid, Tata Power, Coal India, Adani Power, ABB India
Power Grid Corporation of India (PGCIL) reported a 2.5 per cent fall in net profit to Rs 3,630.58 crore. Revenue rose 2 per cent to Rs 11,196 crore. Net profit margin slipped to 32 per cent from 34 per cent. Operating margin was stable at 85 per cent. Segment-wise, consultancy revenue grew 120 per cent…
Masali village becomes India’s first solar-powered village on the border
Masali village in Gujarat’s Banaskantha district has become India’s first ‘solar village’ located on the border. The village, with a population of 800, is situated 40 km from the Pakistan border. All 199 houses in the village now have solar panels installed, generating 100% of the village’s electricity needs. The project, worth Rs 11.6 million,…
Oswal Pumps secures Rs 162 crore solar pump order from MSEDCL
Oswal Pumps Limited has received a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the supply and installation of off-grid solar photovoltaic water pumping systems. The project, valued at about Rs 162.06 crore including GST, will be executed within one year under the PM Kusum B Scheme, specifically the ‘Magel Tyala…
Jindal Stainless commissions 30.34 MWp solar projects in Odisha
Jindal Stainless Limited (JSL) has successfully commissioned rooftop and floating solar power projects with a cumulative capacity of 30.34 MWp at its manufacturing plant in Jajpur, Odisha. The projects were commissioned on April 22, 2025, with 23.02 MWp from rooftop solar systems and 7.32 MWp from a floating solar plant. AB Energia Solutions Private Limited…
Premier Energies and Nuevosol form JV to manufacture aluminium frames for solar modules
Premier Energies Limited (PEL) has signed a joint venture agreement with Nuevosol Energy Private Limited to invest in Premier-Green Aluminium Private Limited. The new entity will focus on manufacturing aluminium frames for solar photovoltaic (PV) modules. The joint venture will set up a facility for aluminium foundry and extrusion, targeting high-quality frame production to serve…
Delhi plans 30 MW canal top solar project on Najafgarh Drain
The Delhi government plans to develop a 30 MW canal top solar power project on the 51 km Najafgarh Drain using the public-private partnership (PPP) model. In Phase I, solar panels will be installed over six pockets along a 6 km stretch between Dhansa border and Ghummanhera to generate 5 MW of power. The electricity…
