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APTEL disposes IEX plea on CERC market coupling directions
The Appellate Tribunal for Electricity (APTEL) has disposed of an appeal filed by Indian Energy Exchange Limited (IEX) against the Central Electricity Regulatory Commission’s (CERC) July 2025 directions on implementing market coupling in the Day-Ahead Market (DAM) segment. The Tribunal held that IEX cannot be treated as a “person aggrieved” at this stage, as market…
NTPC Green Energy forms JV with UPRVUNL
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has partnered with Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) to create a joint venture (JV) for renewable energy parks and projects. NGEL holds a 51% stake, subscribing to 51,000 equity shares at Rs 10 each, while UPRVUNL retains 49%. The JV will focus…
Fujiyama commissions 1 GW solar cell plant in Uttar Pradesh
Fujiyama Power Systems Limited has announced the commissioning of a new 1 GW solar cell manufacturing plant in Dadri, Uttar Pradesh, marking a significant step in its backward integration strategy. The company formally intimated the stock exchanges of the development on January 21, 2026. The plant was inaugurated by senior officials from the Ministry of…
Jakson Green signs SECI pact for 85,000 tpa green ammonia supply
Jakson Green Ltd’s consortium partner Ocior Energy has signed a green ammonia supply agreement with Solar Energy Corporation of India Ltd, committing to supply 85,000 metric tonnes per annum (MTPA) of green ammonia. The consortium secured the capacity under SECI’s sixth green ammonia auction at a tariff of Rs 50.75 per kg under Mode-2A of…
Suzlon posts higher profit on record Q3 wind deliveries
Suzlon Energy Limited reported a consolidated net profit of Rs 445 crore for the third quarter ended December 31, 2025, an increase of 14.7% compared with the same period last year. Revenue rose 42% year on year to Rs 4,228 crore, supported by the company’s highest ever quarterly deliveries of 617 MW. Earnings before interest,…
Rajesh Power wins Rs 11.16 bn contracts for T&D projects in Gujarat
Rajesh Power Services Limited (RPSL) has secured three contracts worth Rs 11,160 million for power transmission and distribution projects in Gujarat. The contracts were awarded by a mix of government and institutional clients on April 23, 2025. The work includes: (a) A turnkey contract for supply, installation, testing, and commissioning of 11/22 kV high-tension underground…
