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KP Green bags orders across solar, transmission, railways

KP Green Engineering Limited has secured new orders worth Rs 972.7 million from multiple clients across five business segments. The company expects to complete all projects by March 31, 2026. The largest order, worth Rs 478.3 million, is for crash...

Sugs Lloyd wins T&D contracts in Bihar and Odisha

Sugs Lloyd Ltd has secured power transmission and distribution (T&D) contracts worth Rs 74.35 crore across Bihar and Odisha. In Bihar, the company received two key projects from North Bihar Power Distribution Company Limited (NBPDCL). The main...

L&T secures civil works contract for 1,500 MW Bhavali pumped storage project

Larsen & Toubro Limited (L&T) has won a contract from JSW Energy Limited (JSWEL) for civil works of the 1,500 MW Bhavali Pumped Storage Project. The contract was awarded on June 9, 2025. The scope includes full civil execution—construction of...

CEA seeks public input to localize 29 critical imported power components

The Central Electricity Authority (CEA) has identified 29 high-priority power sector components currently imported from countries such as China, Germany, and South Korea. The CEA is now inviting public feedback to develop a roadmap for domestic...

NSE gets SEBI approval to launch monthly electricity futures

The National Stock Exchange (NSE) has received regulatory approval from the Securities and Exchange Board of India (SEBI) to launch monthly electricity futures contracts. This marks a key step in expanding India’s power market offerings. NSE is now...

Draft rules allow energy storage systems to operate independently or with grids

The Ministry of Power has released draft amendments to Rule 18 of the Electricity Rules, 2005 clarifying how Energy Storage Systems (ESS) can be used in India’s power sector. The draft gives developers, utilities, and consumers more...

PFCCL invites bids for evacuation of RE power from Dharashiv, Beed

PFC Consulting Limited (PFCCL) has invited Request for Proposal (RfP) bids for selection of a transmission service provider (TSP) through tariff based competitive bidding (TBCB) process on build, own, operate, and transfer (BOOT) basis for the...

REC PDCL transfers Talegaon transmission SPV to Adani

REC Power Distribution Company Limited (REC PDCL) has transferred WRNES Talegaon Power Transmission Limited, a special purpose vehicle (SPV), to Adani Energy Solutions Limited (AESL). The SPV will implement the Western Region Network Expansion Scheme...

Hitachi Energy wins Rs 6.47 billion 765 kV transformers order

Hitachi Energy India Limited has secured a contract worth Rs 6,470.27 million from Power Grid Corporation of India Limited (PGCIL) for the supply of high-voltage transformers. The contract, awarded on June 10, 2025, covers the 765 kV Transformer...

Orient Green approves contract for 7 MW solar in Tamil Nadu

The Board of Directors of Orient Green Power Company Limited has approved an engineering, procurement and construction (EPC) contract with Remon Solutions Private Limited. The contract covers 7 MW/9.8 MWp capacity under the first phase of its solar...

ACME commissions 75 MW solar in Bikaner

ACME Solar Holdings Limited has commissioned an additional 75 MW at its ACME Sikar Solar project in Bikaner, Rajasthan. This takes the project’s total commissioned capacity to 240 MW out of a planned 300 MW. The development raises ACME Solar’s...

CPCB issues draft solar waste guidelines under e-waste rules

The Central Pollution Control Board (CPCB) has released draft guidelines for handling and storing waste solar photovoltaic (PV) modules, panels, or cells. These fall under the E-Waste (Management) Rules, 2022, which took effect on April 1, 2023...

IREDA raises Rs 2,005 crore via QIP

Indian Renewable Energy Development Agency Ltd. (IREDA) has raised Rs 2,005.90 crore through a Qualified Institutions Placement (QIP). The capital was mobilised by issuing 12.15 crore equity shares at Rs 165.14 per share. This price includes a...

IndiGrid to acquire ReNew solar and transmission assets

IndiGrid has signed definitive agreements to acquire two operational infrastructure assets from ReNew Power in separate transactions. The combined enterprise value of the deals stands at approximately Rs 21.75 billion, including net working capital...

RSTL and Onix form JV for decentralised solar in Maharashtra

Rama Steel Tubes Ltd (RSTL) has entered a joint venture with Onix Renewable Ltd to establish 225 MW decentralised solar power projects across Maharashtra under the “Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0”. The new entity, Onix IPP, will...

U-Solar commissions solar project in Karnataka, plans expansion

U-Solar Clean Energy Private Limited has commissioned a 20 MWp solar power plant under Phase-I at Ramasamundra village in Yadgir district, Karnataka. The company also plans to develop an additional 50 MW solar project at the same site as part of...

L&T secures transmission orders in India and Middle East

Larsen & Toubro’s Power Transmission & Distribution (PT&D) business has won grid infrastructure orders in both domestic and international markets. In India, L&T has been awarded a contract to construct 765kV and 400kV transmission...

PGCIL launches national network system project

Power Grid Corporation of India Ltd (PGCIL) has cleared a Rs 131.68 crore project titled Establishment of State-of-the-Art National Unified Network Management System (N-UNMS). This will integrate all regional network management systems into a unified...

REC board approves Rs 1.55 trillion bond plan, to strike off Rajgarh III SPV

REC Ltd has announced two major decisions following its board meeting held on June 4, 2025. First, the company plans to raise to Rs 1.55 trillion through private placement of unsecured or secured non-convertible debentures or bonds. This fundraising...

Centre launches Rs 5400 crore VGF scheme for 30 GWh battery storage

The Ministry of Power has approved a Viability Gap Funding (VGF) scheme to support 30 GWh of Battery Energy Storage Systems (BESS) across India. Funded by the Power System Development Fund (PSDF), the scheme allocates Rs 5400 crore to help stabilise...

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India lacks equipment for continuous radioactivity monitoring, Adani tells EAC

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IEX Q1 electricity trade rises 16% to 37.5 BU amid higher power demand

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