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APAR approves US capital infusion and Gujarat RE investment

APAR Industries Limited has approved two investment proposals at its board meeting held on March 18, 2026, covering capital infusion into its United States subsidiary and expansion of captive renewable capacity in Gujarat through an associate entity...

NTPC Green commissions 165 MW at Khavda-II solar project

NTPC Green Energy Limited has declared commercial operation of a 165 MW capacity at the Khavda-II Solar Photovoltaic (PV) Project in Gujarat, effective March 19, 2026. The update was disclosed in a regulatory filing dated March 18, 2026. Project...

Websol raises Rs 48 crore via promoter warrant conversion

Websol Energy System Limited has completed a promoter-led capital raise of Rs 48.09 crore through the conversion of previously issued warrants into equity shares. The allotment was approved at a board meeting held on March 13, 2026. The shares were...

Sunsure Energy raises Rs 606 crore debt, adds RBL Bank as lender

Sunsure Energy has secured Rs 606.22 crore in debt financing for solar projects across Maharashtra and Uttar Pradesh, with RBL Bank entering as a new lender alongside existing financier Aseem Infrastructure Finance Limited. RBL Bank has extended Rs...

CleanMax reports 33% EBITDA growth, crosses 3 GW capacity

CleanMax Enviro Energy Solutions Limited reported consolidated earnings before interest, tax, depreciation and amortisation (EBITDA) of Rs 945 crore for the first nine months of FY26, a 33% increase from Rs 709 crore in the same period last year. The...

Reliance signs USD 3 billion green ammonia supply deal with Samsung C&T

Reliance Industries Limited (RIL) has signed a binding 15-year agreement with Samsung C&T Corporation for the export of green ammonia, with deliveries set to begin in the second half of FY2029. The contract, valued at over USD 3 billion, is among...

ANDRITZ wins Tata Power order for 1,000 MW Bhivpuri PSP

ANDRITZ has secured a contract from Tata Power to supply generating units for the 1,000 MW Bhivpuri pumped storage project (PSP) in Maharashtra. The order, valued in the low three-digit million euro range, will be booked in ANDRITZ’s first quarter...

ReNew’s C&I arm raises USD 95 million equity

ReNew Green Energy Solutions, the commercial and industrial (C&I) clean energy arm of ReNew Energy Global, has raised USD 95 million in an equity funding round. The transaction was led by LeapFrog Investments with a USD 50 million commitment...

EU-backed fund invests USD 32.2 million in UP biogas project

Climate Fund Managers has committed USD 32.2 million in construction equity from its Climate Investor Two fund, supported by the European Union, to Akaia Green Fuels for a compressed biogas project in Uttar Pradesh. The investment marks a scale-up...

MNRE extends ALMM framework to include solar wafers

The Ministry of New & Renewable Energy (MNRE) has amended the Approved Models and Manufacturers (ALMM) Order to expand domestic sourcing requirements to silicon wafers. The amendment introduces a new compliance layer under ALMM, aimed at...

KPI Green secures Rs 979 crore debt for 150 MW Gujarat wind project

KPI Green Energy Limited has secured Rs 979 crore in debt financing from Canara Bank for a 150 MW wind power project in Gujarat, to be developed under the Independent Power Producer (IPP) model. The facility includes a Rs 931 crore term loan and a Rs...

NHPC commissions 250 MW unit at Subansiri Lower project

NHPC Limited has declared commercial operation date (CoD) of Unit 1 (250 MW) of the Subansiri Lower Hydroelectric Project, effective 00:00 hours on March 20, 2026. With this, three units of 250 MW each, totalling 750 MW, are now operational. The...

Kalpataru secures Rs 2,471 crore orders, FY26 total crosses Rs 22,000 crore

Kalpataru Projects International Limited (KPIL) has secured new orders worth approximately Rs 2,471 crore across power transmission and distribution in domestic and overseas markets, an underground metro rail project through a joint venture, and...

Adani Power appoints Puneet Bansal as company secretary

Adani Power Limited has informed the BSE and NSE that Puneet Bansal will take over as Company Secretary and Compliance Officer from April 1, 2026, succeeding Deepak S Pandya, who will retire at the close of business on March 31, 2026. Pandya joined...

PFC approves Rs 1.6 lakh crore borrowing plan, closes GIPCL

Power Finance Corporation Limited (PFC) has approved a borrowing programme of up to Rs 1,60,000 crore for FY2026-27 at its board meeting held on March 17, 2026. The board also approved closure of an 18-year-old project subsidiary that did not...

ACME Solar commissions 84 MW of Gujarat wind project

ACME Eco Clean Energy Private Limited, a subsidiary of ACME Solar Holdings, has commissioned an additional 8 MW at its 100 MW wind power project in Titoda village, Surendranagar district, Gujarat. This takes the total commissioned capacity to 84 MW...

NCT clears Rs 9,980 crore transmission schemes in eastern and western regions

The National Committee on Transmission (NCT) has approved two major transmission schemes with a combined cost of about Rs 9,980 crore to strengthen grid reliability, support generation evacuation, and enable inter-regional power flows. The approvals...

Kansai Electric unit acquires 10% stake in OMC Power

Kansai Electric Power’s transmission and distribution subsidiary has invested about Rs 160 crore to acquire a 10% equity stake in Gurugram-based OMC Power. The transaction adds another Japanese corporate investor to the company’s shareholder base...

Exicom commissions Hyderabad plant for EV and power electronics

Exicom Tele-Systems Limited has commenced commercial production at its integrated manufacturing facility in Raviryala Village, Ranga Reddy District, Hyderabad, on March 16. The facility is the company’s largest manufacturing investment to date...

Resonia appoints Prashant Sinha as CEO

Resonia Ltd. has appointed Prashant Sinha as Chief Executive Officer (CEO), elevating him from his previous role as Chief Operating Officer (COO). In his earlier position, he oversaw project portfolios, business acquisition, and execution across the...

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Power Sector News Roundup for April 15, 2026

Hitachi Energy, AESL commission one of world’s largest HVDC city center infeed Adani Electricity...

Bihar unveils green hydrogen policy targeting 0.10 MMTPA by 2031

The Government of Bihar has released the Bihar Green Hydrogen Policy 2026, targeting production of...

Delhi releases draft EV policy 2026 with phased mandates, incentives

The Government of the National Capital Territory of Delhi has released the draft Delhi Electric...

Andhra Pradesh plans 3,000 MWh BESS rollout to support grid stability

Andhra Pradesh is planning large-scale deployment of Battery Energy Storage Systems (BESS) to...

NHPC approves monetisation of returns from Uri-II, Dhauliganga plants

NHPC Limited has approved a proposal to monetise future cash flows, specifically the return on...

PFC forms four SPVs for transmission projects in Rajasthan, Karnataka

Power Finance Corporation’s wholly owned subsidiary, PFC Consulting Limited, has incorporated four...

CleanMax, Sangam India partner for 50 MW hybrid RE project in Rajasthan

Clean Max Enviro Energy Solutions Limited has entered into a strategic partnership with Sangam India...

GAIL to invest Rs 3,800 crore in 700 MW solar and storage projects

GAIL (India) Limited has announced a capital outlay of Rs 3,800 crore to develop 700 MW of solar...

Diamond Power wins Rs 45.47 crore cable order from Adani Electricity Mumbai

Diamond Power Infrastructure Limited has received a Letter of Intent (LoI) from Adani Electricity...

Uttar Pradesh climbs to third spot under PM Surya Ghar scheme

Uttar Pradesh has moved to the third position nationally under the PM Surya Ghar Muft Bijli Yojana...