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PFCCL invites bids for 400/220 kV Saswad transmission project in Pune

PFC Consulting Limited (PFCCL) issued a Request for Proposal (RfP) on May 22, 2025, to select a transmission service provider (TSP) for a new substation in Pune district. The project will follow a tariff-based competitive bidding (TBCB) process on a...

India to open nuclear energy to private players with new draft laws

India is considering major amendments to the Atomic Energy Act, 1962, which could allow private sector participation in nuclear power generation for the first time. The move aims to support the country’s target of reaching 100 GW of atomic...

CERC releases draft guidelines for Virtual Power Purchase Agreements

The Central Electricity Regulatory Commission (CERC) has issued draft guidelines for Virtual Power Purchase Agreements (VPPAs). These agreements are designed to help large electricity consumers meet renewable energy targets without taking physical...

Adani Green begins 187.5 MW solar operations at Khavda park

Adani Renewable Energy Fifty Seven Limited, a subsidiary of Adani Green Energy Limited (AGEL), started commercial operations of a 187.5 MW solar power project in Gujarat’s Khavda on May 22, 2025. The project is part of AGEL’s larger plan to...

PFC reports Rs 305.14 bn profit in FY25; REC raises Rs 56.35 bn via bonds

Power Finance Corporation (PFC) Limited reported a 15 per cent rise in its consolidated profit after tax (PAT) for FY 2024-25, reaching Rs 305.14 billion, up from Rs 264.61 billion in the previous year. The company’s loan asset book rose by 12 per...

Patel Engineering wins EPC contract for Heo hydro project

Patel Engineering Limited has secured an EPC (engineering, procurement, and construction) contract worth Rs 7.11 billion from NEEPCO Limited for the 240 MW Heo hydropower project in Arunachal Pradesh. The project is located in the Shi Yomi district...

Inox Green expands solar O&M portfolio with new contracts

Inox Green Energy Services Limited has signed agreements to provide operation and maintenance (O&M) services for 639 MWp of solar projects. These projects are owned by a major Indian renewable energy company backed by a global energy corporation...

Waaree forms solar subsidiary, reports strong FY25 growth

Waaree Renewable Technologies Limited has announced the incorporation of a new wholly owned subsidiary, Sunsational Power Private Limited, to strengthen its presence in the solar energy sector.  The subsidiary, set up with an authorised capital of Rs...

KPI Green secures CTUIL nod for 642.6 MW wind project in Gujarat

KPI Green Energy Limited has received in-principle connectivity approval from the Central Transmission Utility of India Limited (CTUIL) for its 642.6 MW wind power project in Gujarat. The project will be developed through its wholly owned subsidiary...

ACME Solar commissions 112.5 MW in Sikar

ACME Solar Holdings Limited has commissioned 112.5 MW of solar capacity as part of the second phase of its Sikar solar project in Bikaner, Rajasthan.  Earlier this month, the company commissioned 52.5 MW. With these additions, the total commissioned...

Powergrid awards over Rs 17 billion in fresh contracts and posts steady profit

Power Grid Corporation of India Limited (Powergrid) has issued several key project awards recently, with the latest set totalling over Rs 17 billion. These include notable contracts awarded to KEC International, VIKRAN Engineering, CG Power, and GE...

Waaree enters transformer business with Rs 2.93 billion acquisition

Waaree Energies Limited has acquired 100 per cent equity in Kamath Transformers Private Limited and Green New Delhi Forever Energy Private Limited, expanding its footprint in both manufacturing and power project development. The acquisition of Kamath...

Chandigarh to launch rooftop solar projects under RESCO model

The Chandigarh Renewal Energy and Science and Technology Promotion Society (CREST) will roll out rooftop solar installations on government-built properties using the renewable energy service company (RESCO) model. The initiative will begin with 3 MW...

JSW Energy to invest Rs 140 billion in O2 Power

JSW Energy Limited has announced an investment of Rs 140 billion to expand the renewable energy capacity of its O2 Power platform. The company plans to scale up O2 Power’s portfolio to 4.7 GW by June 2027. O2 Power currently has 1.3 GW of installed...

Inox Green signs 285 MWp solar O&M deals

Inox Green Energy Services Limited has signed agreements to provide operations and maintenance (O&M) services for 285 MWp of solar projects owned by two major renewable energy developers in India. The projects are located across multiple sites...

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)...

Reliance Power to develop 500 MW solar project in Bhutan with DHI

Reliance Power Limited has signed a commercial term sheet for a long-term power purchase agreement (PPA) with Green Digital Private Limited (GDL), a subsidiary of Druk Holding and Investments Limited (DHI). DHI is the investment arm of the Royal...

SAEL to set up 5 GW solar cell plant in Greater Noida

SAEL Industries Limited has announced plans to establish a solar cell manufacturing facility in Greater Noida, Uttar Pradesh. The facility will have an annual production capacity of 5 GW and is expected to attract an investment of around Rs 50...

India showcases green hydrogen vision at World Hydrogen Summit 2025

At the World Hydrogen Summit 2025 in Rotterdam, the Ministry of New and Renewable Energy (MNRE) presented India’s roadmap for becoming a global green hydrogen leader. India has installed over 223 GW of renewable energy, 108 GW from solar and 51 GW...

MoEFCC clears EIA study for Upper Bhavani pumped hydro project

The Ministry of Environment, Forest and Climate Change (MoEFCC) has granted initial approval to carry out an environmental impact assessment (EIA) study for the 1,000 MW Upper Bhavani Pumped Storage Hydro Power Project in Tamil Nadu. Located in the...

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Recent Posts

CERC clears over 13,000 MW in March adoption orders

The Central Electricity Regulatory Commission issued a batch of tariff adoption orders through March...

Power Sector News Roundup for April 10, 2026

Adani Green, IHC arm form JV for RE projects in India Adani Green Energy Limited (AGEL) has signed a...

Pace Digitek reports 178 BESS units deployed by March 2026

Pace Digitek Limited has announced a milestone in its energy storage business, with its subsidiary...

Vihaan Clean & Green commissions biomass boiler plant in Gujarat

Vihaan Clean & Green Tech Private Limited has launched a biomass-based boiler plant in Gujarat...

Neuron Energy commissions 5 GWh BESS plant in Maharashtra

Neuron Energy has commissioned a containerised battery energy storage system (BESS) manufacturing...

China’s CGN brings Southeast Asia’s largest solar project online in Laos

A 1 GW photovoltaic (PV) project in northern Laos has been connected to the grid, marking the...

JSW Energy exercises option to acquire full stake in JMPCL

JSW Energy Limited has exercised its call option to acquire the remaining 26% equity stake in JSW...

Saatvik Solar secures Rs 108.75 crore module order

Saatvik Solar Industries Private Limited, a subsidiary of Saatvik Green Energy Limited, has received...

Mahindra & Mahindra to take 26% stake in captive solar arm

Mahindra & Mahindra Limited (M&M) has approved the acquisition of a 26% equity stake in Neon...

Adani Green, IHC arm form JV for RE projects in India

Adani Green Energy Limited (AGEL) has signed a Joint Venture Agreement (JVA) with Minerva Holding...