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Rays Power JV wins 125 MW EPC contract in Assam

The joint venture (JV) of Rays Power Infra Private Limited and Insolation Energy Limited has secured an engineering, procurement, and construction (EPC) contract from Assam Power Distribution Company Limited (APDCL) to set up a 125 MW solar power...

Diamond Power wins cable supply order under DGVCL scheme

Diamond Power Infrastructure Limited has received a Letter of Intent (LoI) worth Rs 1,509.86 million from Rajesh Power Services Limited.  The order is for supplying cross-linked polyethylene (XLPE) aluminium armored high tension (HT) cables under the...

Hindalco commissions EV component plant in Pune

Hindalco Industries Limited, part of the Aditya Birla Group, has commissioned an electric vehicle (EV) component manufacturing facility in Chakan, Pune. Built at a cost of Rs 5 billion, the plant spans 5 acres and marks Hindalco’s entry into the EV...

REC raises Rs 50 billion via bonds to support power sector lending

REC Limited has mobilised Rs 50 billion through bond issuance on a private placement basis to bolster its funding for power sector financing. The issue included Rs 30 billion in 5-year bonds with a 6.87 per cent coupon rate and Rs 20 billion in...

Power Ministry discusses nuclear power expansion roadmap

At a meeting of the Consultative Committee of the Ministry of Power on April 28, 2025, the Union Minister for Power and Housing & Urban Affairs, Manohar Lal, presented the government’s roadmap for expanding nuclear power generation in India. The...

PGCIL awards rooftop solar contracts worth Rs 87.63 million

Power Grid Corporation of India Ltd (PGCIL) has awarded contracts for rooftop solar installations across its buildings in the Eastern and Western Regions under the PM Surya Ghar (PMSGY) Scheme.  In the Eastern Region, PGCIL awarded a contract worth...

Raychem RPG becomes first Indian firm to earn E3, C3, F1 certification for cast resin transformers

Raychem RPG has become the first Indian manufacturer to earn the E3, C3, and F1 certifications for its cast resin transformers (CRTs).  The certification was awarded after rigorous testing at CESI laboratories in Italy. CESI is renowned for its...

Premier Energies forms subsidiary for silicon ingot and wafer manufacturing

Premier Energies Limited has set up a wholly owned subsidiary, Premier Energies GWC Private Limited, to manufacture and process high-quality silicon ingots and wafers with advanced technologies. The new subsidiary, incorporated on April 20, 2025...

Fortum exits India’s renewable energy market

Fortum Oyj has exited India’s renewable energy market by selling its platform, Fortum India Pvt Ltd (FIPL), to New York-based Hexa Climate Solutions, backed by I Squared Capital. Hexa acquired 100% of FIPL, including its management company, carbon...

CSE Development commissions solar projects at 100 MWp park in Maharashtra

CSE Development (India) Private Limited has commissioned several solar photovoltaic (PV) power projects at its 100 MWp solar park in Maharashtra on April 23, 2025.  The power generated from these open access captive solar projects will be supplied to...

Maharashtra launches portal to fast-track 7,000 MW solar project for farmers

The Maharashtra government has launched the Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0 project management portal to speed up work under its MSKVY 2.0 scheme. The scheme targets achieving 7,000 MW of decentralised solar capacity. It aims to...

THDC synchronises first unit of Tehri PSP in pump condenser mode

THDC India Limited has synchronised the first 250 MW unit of its 1,000 MW pumped storage project (PSP) at Tehri, Uttarakhand, in pump condenser mode. In pump condenser mode, the turbine acts both as a generator and a condenser. It helps generate...

Reliance commissions solar module manufacturing line

Reliance Industries Limited (RIL) has commissioned its first solar photovoltaic (PV) module manufacturing line at its 5,000-acre site in Jamnagar, Gujarat. Work is progressing on battery storage and hydrogen production facilities. The initial solar...

MEIL secures EPC contract for 120 MW Rokhia power project

Megha Engineering and Infrastructures Limited (MEIL) has received a Notification of Award (NoA) worth Rs 11,913.01 million for the engineering, procurement, and construction (EPC) package of the 120 MW Combined Cycle Gas Rokhia Power Plant. The...

TSPL sets up biomass plant for clean fuel supply at Punjab thermal station

Talwandi Sabo Power Limited (TSPL), a Vedanta Power company, has set up a torrefied biomass manufacturing facility near its 1,980 MW thermal plant in Mansa, Punjab. The plant can process 500 tonnes of agricultural stubble each day. It uses a...

IEX and AESL announce FY25 financial results

Indian Energy Exchange Limited (IEX) posted a net profit of Rs 4.29 billion for 2024-25, a 22.22 per cent rise from the previous year’s Rs 3.51 billion. The company’s total income also grew by 19.23 per cent. It reached Rs 6.57 billion in...

BPCL and GPS Renewables form JV to set up 8-10 CBG plants

Bharat Petroleum Corporation Limited (BPCL) and GPS Renewables Private Limited have formed a joint venture (JV) to build 8-10 compressed biogas (CBG) plants in several Indian states, including Bihar, Odisha, Punjab, Uttar Pradesh, and West Bengal...

Ministry of Coal introduces incentives to boost underground coal mining

The Ministry of Coal in India has introduced new policy incentives aimed at boosting underground coal mining. These incentives are designed to reduce financial burdens and encourage investment in the sector. Key measures include a reduction in the...

Rajesh Power wins Rs 11.16 bn contracts for T&D projects in Gujarat

Rajesh Power Services Limited (RPSL) has secured three contracts worth Rs 11,160 million for power transmission and distribution projects in Gujarat. The contracts were awarded by a mix of government and institutional clients on April 23, 2025. The...

Alpex Solar secures Rs 3.8 billion contract for solar module supply

Alpex Solar Private Limited has secured a contract worth Rs 3,805.2 million for the supply of high-efficiency solar modules for a large-scale solar power project in India. The contract was awarded on April 23, 2025. The modules are scheduled to be...

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MNRE adds RECPDCL, REIL as rooftop solar implementation partners

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Power Sector News Roundup for June 15, 2026

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Waaree Energies receives 800 MW solar module supply order

Waaree Energies Limited has informed stock exchanges that it received an order on June 15, 2026, for...

MNRE clarifies ALMM List-II exemption for rooftop solar projects

The Ministry of New and Renewable Energy (MNRE) has clarified the procedure for rooftop solar...

Sugs Lloyd, Oswal Pumps win Bihar rooftop solar orders worth Rs 804 crore

Sugs Lloyd Limited and Oswal Pumps Limited have announced receipt of Letters of Award (LOAs) from...