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Solarium Green Energy reports 60% rise in FY26 revenue
Solarium Green Energy Limited reported a 60% increase in revenue from operations to Rs 368 crore for the financial year ended March 31, 2026, driven by its strategic shift towards large-scale Engineering, Procurement, and Construction (EPC) projects. The company reported profit after tax (PAT) of Rs 20 crore and earnings before interest, taxes, depreciation and…
Inox Green signs deal for O&M of 182 MW wind projects
Inox Green Energy Services Ltd. has signed an agreement with the renewable energy arm of a large Indian conglomerate for the comprehensive operations and maintenance (O&M) of 182 MW of wind projects in western India. The contract covers conversion of 82 MW from limited-scope to comprehensive O&M, and early renewal of comprehensive O&M for another…
Reliance Power says operations unaffected after ED attachment reports
Reliance Power Limited has issued a clarification after reports of asset attachment by the Enforcement Directorate. The company said its operations remain unaffected and noted that most of the attached assets, valued at about Rs 101.17 billion, belong to entities that are no longer part of the group. The latest ED action is linked to…
TDK plans Rs 4,000 crore BESS manufacturing investment in Haryana
Japanese electronics and energy components manufacturer TDK Corporation has expressed intent to invest about Rs 4,000 crore in Haryana to set up a Battery Energy Storage System (BESS) manufacturing unit, according to a state government statement issued March 21. The proposal was discussed during a meeting between a TDK delegation, Haryana Chief Minister Nayab Singh…
NSW approves A$4.8bn Humelink transmission project
The Minns Labor Government in New South Wales (NSW), Australia, has approved the A$4.8 billion ($3.12 billion) Humelink transmission project, a 365 km infrastructure line designed to deliver renewable energy across southern NSW. Pending final approval from the Commonwealth Government, construction is set to commence this year, with completion targeted by 2027. The Humelink project…
POWERGRID, Resonia and Dilip Buildcon acquire four TBCB transmission SPVs
Four special purpose vehicles (SPVs) associated with power transmission projects changed ownership between May 29 and May 30, 2026, under the tariff-based competitive bidding (TBCB) framework. Power Grid Corporation of India Limited (POWERGRID) acquired Tumkur II RE Transmission Limited (TRETL) from PFC Consulting Limited, a wholly owned subsidiary of PFC, on May 29, 2026, for…
