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Suzlon targets 10 GW annual renewable energy sales by FY31

Suzlon Energy Limited has announced a strategic transition from a wind original equipment manufacturer (OEM) to an integrated renewable energy company covering wind, solar, and battery energy storage systems (BESS). Under its “Suzlon 2.0”...

Diamond Power commissions 8th MV and EHV cable line

Diamond Power Infrastructure Limited has commissioned its eighth Medium Voltage (MV) and Extra High Voltage (EHV) power cable production line at its manufacturing facility in Vadodara, Gujarat. The new production line expands the company’s...

Marsons receives Rs 31.27 crore transformer order from AEGCL

Marsons Limited has received a Letter of Intent (LoI) valued at approximately Rs 31.27 crore, including Goods and Services Tax (GST), from Assam Electricity Grid Corporation Limited (AEGCL) for the supply of power transformers and associated...

iNVERGY commissions 3 GWh BESS gigafactory in Uttar Pradesh

iNVERGY India Private Limited has inaugurated a fully automated battery energy storage system (BESS) gigafactory in Dasna, Uttar Pradesh, with an annual manufacturing capacity of 3 GWh and an investment of more than Rs 200 crore. The facility spans...

Pace Digitek signs PPA for 250 MW solar-BESS project

Pace Digitek Limited has announced the signing of a power purchase agreement (PPA) between TRANSGREENX, the asset-holding arm of the Pace Group, and Bangalore Electricity Supply Company Limited (BESCOM) for a 250 MW solar project integrated with a...

Advait subsidiary signs BESPA with GUVNL for 150 MW BESS

Advait Energy Transitions Limited, formerly known as Advait Infratech Limited, has informed the stock exchanges that its wholly owned subsidiary, Advait BESS Bhesaan Private Limited, has executed a Battery Energy Storage Purchase Agreement (BESPA)...

Government increases NHPC OFS size to 6% stake sale

The Government of India, acting through the Ministry of Power as the promoter of NHPC Limited, has exercised the oversubscription option for its Offer for Sale (OFS), increasing the total stake sale from 3% to 6% of NHPC’s paid-up equity share...

NLCIL outlines nuclear, BESS and green energy plans

NLC India Limited (NLCIL) announced multiple initiatives across nuclear power, renewable energy, battery energy storage systems (BESS), green hydrogen, and carbon capture during its Q4 FY26 Institutional Investors Meet held on May 27, 2026. The...

Transrail sees strong T&D growth backed by Rs 16,361 crore order book

Transrail Lighting Limited has outlined its growth plans for the power transmission and distribution (T&D) segment, which contributes around 90% of the company’s total revenue. During its earnings call held on May 27, 2026, the company...

EAC backs FGD exemptions for two thermal power plants

The Expert Appraisal Committee (EAC) for Thermal Power projects has recommended exemptions from mandatory Flue Gas Desulphurization (FGD) installation for two thermal power plants, while deferring similar requests from two others due to environmental...

NGEL invites bids for 11,100 MWh BESS in Gujarat and Rajasthan

NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited, has invited bids for engineering, procurement and construction (EPC) packages to develop a combined 11,100 MWh battery energy storage system (BESS) capacity across solar...

Haryana to begin smart metering on ground from August 31

Haryana has committed to commencing smart metering works on the ground from August 31, 2026, following a review meeting chaired by Union Minister for Power and Housing & Urban Affairs, Shri Manohar Lal. During the review, the Union Minister...

Solarium Green Energy reports 60% rise in FY26 revenue

Solarium Green Energy Limited reported a 60% increase in revenue from operations to Rs 368 crore for the financial year ended March 31, 2026, driven by its strategic shift towards large-scale Engineering, Procurement, and Construction (EPC) projects...

PFC appoints V. Packirisamy as Director (Commercial)

Power Finance Corporation Limited (PFC), has announced that Shri V. Packirisamy has taken charge as Director (Commercial) on its Board with effect from June 2, 2026. Shri Packirisamy will continue in the role until his superannuation or until further...

PFC subsidiary PFC Projects struck off by MCA

Power Finance Corporation Limited (PFC) has informed the stock exchanges that its wholly owned subsidiary, PFC Projects Limited (PPL), has been struck off from the Register of Companies by the Registrar of Companies (RoC), effective June 1, 2026. The...

Servotech signs MoU with HEPC for Rs 400 crore Haryana expansion

Servotech Renewable Power System Ltd. has signed a Memorandum of Understanding (MoU) with the Haryana Enterprises Promotion Centre (HEPC) to expand its manufacturing and warehousing operations in Haryana. The proposed investment is approximately Rs...

DEE Development secures Rs 207 crore power sector order

DEE Development Engineers Limited has received a letter of intent for an order worth Rs 206.55 crore, excluding GST, from a Maharatna public sector undertaking operating in the power sector. In a stock exchange filing, the company said the customer...

Transrail Lighting wins Rs 575 crore orders across power and civil segments

Transrail Lighting Limited has secured new orders worth Rs 575 crore, primarily in the power transmission and distribution sector, along with contracts in its civil construction and pole businesses. In a stock exchange filing, the company said the...

Toshiba delivers indigenous 132 kV mobile GIS to POWERGRID

Toshiba Transmission & Distribution Systems (India) Private Limited (TTDI) has delivered an indigenously developed 132 kV mobile gas-insulated switchgear (m-GIS) system to Power Grid Corporation of India Limited (POWERGRID), expanding its...

SWELECT enters Kerala with 26.6 MWp solar asset acquisition

Swelect Energy Systems Limited has expanded its renewable energy portfolio in Kerala through the acquisition of a 26.6 MWp solar independent power producer (IPP) asset, marking its first group captive project in the state. The acquisition includes U...

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NTPC REL signs PPA with PTC India for 1,200 MW solar power

NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited...

Power Sector News Roundup for July 3, 2026

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Quality Power Electrical Equipments Limited has announced that its material step-down subsidiary...

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Adani, Azure, ACME plants found non-compliant after grid disturbances

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India lacks equipment for continuous radioactivity monitoring, Adani tells EAC

India does not currently have commercially available instruments for continuous monitoring of...

Why solar-plus-storage is key to India’s energy future

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STEAG Energy wins Rs 1,437 crore O&M contract from Vedanta

STEAG Energy Services (India) Private Limited, a wholly-owned step-down subsidiary of Bluspring...

ACME to supply 405 kTPA green ammonia to Japan’s IHI Corporation

ACME Cleantech Solutions Private Limited (ACME Group) has signed long-term offtake agreements with...

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

Indian Energy Exchange (IEX) traded 37,534 MU (37.5 BU) of electricity during the first quarter (Q1)...