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PFCCL issues RfP for synchronous condenser project at Fatehgarh-II

PFC Consulting Limited (PFCCL), acting as Bid Process Coordinator, has issued a Request for Proposal (RfP) to select a Transmission Service Provider (TSP) for installation of two synchronous condenser units at the 765/400/220kV Fatehgarh-II Pooling...

Power Mech wins EPC orders for Adani thermal projects

Power Mech Projects Limited has informed stock exchanges that it has secured large-scale contracts exceeding Rs 1,000 crore. The orders were awarded by two subsidiaries of Adani Power Limited and relate to erection, testing, and commissioning...

Pace Digitek subsidiary wins USD 1.35 million mobile BESS order

Pace Digitek Limited has informed stock exchanges that its material subsidiary, Lineage Power Private Limited, has secured a purchase order valued at USD 1,346,210 from an international client for mobile battery energy storage systems. In a...

GEAPP launches India grid accelerator with $25 million commitment

The Global Energy Alliance for People and Planet (GEAPP) has launched the India Grids of the Future Accelerator at Mumbai Climate Week 2026, committing up to $25 million to modernise power distribution infrastructure. The platform aims to help...

CleanMax sets Rs 1,000–1,053 IPO price band; issue opens February 23

CleanMax Enviro Energy has fixed a price band of Rs 1,000 to Rs 1,053 per share for its initial public offering (IPO). The issue will open for subscription on February 23, 2026, and close on February 25, marking a listing focused on the...

MIGA issues $197.67 million guarantee for SBI rooftop solar refinancing

The Multilateral Investment Guarantee Agency (MIGA), part of the World Bank Group (WBG), has issued a $197.67 million guarantee to support refinancing of a $500 million World Bank loan extended to State Bank of India (SBI) for grid-connected rooftop...

Greenzo, Lord’s Mark sign MoU for 60 MW green hydrogen projects in UP

Indian clean-technology company Greenzo Energy has signed a strategic memorandum of understanding (MoU) with Lord’s Mark Industries to develop about 60 MW of green hydrogen projects in Uttar Pradesh. The facilities will be located across four cities...

L&T, NVIDIA plan gigawatt-scale AI infrastructure venture in India

Larsen & Toubro (L&T) has proposed a venture with NVIDIA to build gigawatt-scale artificial intelligence infrastructure in India. The collaboration was announced at the India AI Summit on February 18, 2026, to position India as a global...

AdaniConneX incorporates Navi Mumbai Power Distribution subsidiary

AdaniConneX Private Limited (ACX), a 50:50 joint venture of Adani Group and EdgeConneX, has incorporated a wholly owned subsidiary, Navi Mumbai Power Distribution Limited (NMPDL). NMPDL has been incorporated in India and registered with the Registrar...

SECI signs MoU with Mumbai Port Authority for solar deployment

Solar Energy Corporation of India Limited (SECI) has signed a Memorandum of Understanding (MoU) with Mumbai Port Authority to facilitate the deployment of solar power across port facilities. The agreement aims to support the use of clean energy...

NHPC achieves DT-3 breakthrough at 2,880 MW Dibang project

NHPC Limited has completed the daylighting of Diversion Tunnel-3 (DT-3) at the 2,880 MW Dibang Multipurpose Project on February 17, 2026, marking a key construction milestone. The final blast for the tunnel breakthrough was initiated remotely by...

Saatvik Solar subsidiary secures Rs 44.1 crore PV module order

Saatvik Green Energy Limited has announced that its material subsidiary, Saatvik Solar Industries Private Limited, has received and accepted an order worth Rs 44.10 crore for the supply of solar photovoltaic (PV) modules. The order is scheduled for...

Bajel Projects forms 50:50 JV with ASC in Saudi Arabia

Bajel Projects Limited has signed a joint venture agreement with Al Sharif Contracting and Commercial Development Company (ASC) to set up a new entity in the Kingdom of Saudi Arabia. The agreement, executed on February 17, 2026, establishes a 50:50...

BHEL secures Captive Power Plant order from SAIL

Bharat Heavy Electricals Limited (BHEL) has received a Letter of Acceptance (LOA) from Steel Authority of India Limited (SAIL) for setting up a Captive Power Plant (CPP) at the IISCO Steel Plant in Burnpur. The order, valued between Rs 1,200 crore...

MNRE extends domestic sourcing deadline for wind turbine bearings

The Ministry of New and Renewable Energy (MNRE) has extended timelines for meeting domestic sourcing requirements for specific wind turbine bearings under the Approved List of Models and Manufacturers (ALMM). The decision covers main bearings, yaw...

Sumil Mathur appointed Group CFO at Sterlite Electric

Sterlite Electric has appointed Sumil Mathur as Group Chief Financial Officer (CFO). He will oversee global financial strategy, capital management and corporate governance across the group’s businesses. In his new role, Mathur will be responsible for...

Powertrac Group invests Rs 600 crore in 1,000 MWh BESS facility

Gujarat-based Powertrac Group has invested Rs 600 crore to set up a 1,000 MWh per annum containerised Battery Energy Storage System (BESS) manufacturing facility in India. The company joins firms such as Hoymiles and Pace Digitek that have recently...

Vayona Energy secures 64.8 MW wind turbine order in Andhra Pradesh

Vayona Energy has signed its first turbine supply agreement in India with Oyster Renewable Energy for a 64.8 MW wind power project in Kadapa district, Andhra Pradesh. The contract follows the company’s acquisition from Siemens Gamesa and marks its...

SWELECT posts Rs 9.52 crore Q3 profit; income up 46.7%

SWELECT Energy Systems Limited reported a consolidated profit after tax of Rs 9.52 crore for the third quarter of fiscal year 2026, compared with a loss of Rs 10.58 crore in the corresponding quarter last year. Total income increased 46.7%...

ReNew narrows Q3 loss to Rs 198 million; income up 48%

ReNew Energy Global Plc reported a net loss of Rs 198 million (US$ 2 million) for the third quarter of fiscal year 2026, compared with a loss of Rs 3,879 million (US$ 43 million) in the same period last year. Total income for the quarter increased...

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Recent Posts

PFCCL issues RfP for synchronous condenser project at Fatehgarh-II

PFC Consulting Limited (PFCCL), acting as Bid Process Coordinator, has issued a Request for Proposal...

Russia ratifies loan amendments for Bangladesh Rooppur nuclear project

The Russian State Duma has ratified amendments to four intergovernmental loan agreements with...

Power Mech wins EPC orders for Adani thermal projects

Power Mech Projects Limited has informed stock exchanges that it has secured large-scale contracts...

Pace Digitek subsidiary wins USD 1.35 million mobile BESS order

Pace Digitek Limited has informed stock exchanges that its material subsidiary, Lineage Power...

GEAPP launches India grid accelerator with $25 million commitment

The Global Energy Alliance for People and Planet (GEAPP) has launched the India Grids of the Future...

CleanMax sets Rs 1,000–1,053 IPO price band; issue opens February 23

CleanMax Enviro Energy has fixed a price band of Rs 1,000 to Rs 1,053 per share for its initial...

MIGA issues $197.67 million guarantee for SBI rooftop solar refinancing

The Multilateral Investment Guarantee Agency (MIGA), part of the World Bank Group (WBG), has issued...

Greenzo, Lord’s Mark sign MoU for 60 MW green hydrogen projects in UP

Indian clean-technology company Greenzo Energy has signed a strategic memorandum of understanding...

L&T, NVIDIA plan gigawatt-scale AI infrastructure venture in India

Larsen & Toubro (L&T) has proposed a venture with NVIDIA to build gigawatt-scale artificial...

AdaniConneX incorporates Navi Mumbai Power Distribution subsidiary

AdaniConneX Private Limited (ACX), a 50:50 joint venture of Adani Group and EdgeConneX, has...