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KEC International wins Rs 1,002 crore orders across segments

KEC International Ltd. has secured new orders worth Rs 1,002 crore across multiple business verticals. A large share of the orders came from the Transmission and Distribution (T&D) segment, including a ±500 kV high-voltage direct current (HVDC)...

L&T Q4 profit dips 3.1% to Rs 5,326 crore; revenue up 11.3%

Larsen & Toubro Limited (L&T) reported a 3.1% year-on-year (YoY) decline in net profit for Q4 FY26 to Rs 5,326 crore, compared to Rs 5,497 crore in the corresponding quarter last year. Revenue rose 11.3% YoY to Rs 82,762.2 crore, while EBITDA...

Vikran Engineering commissions 5 MW solar plant, forms new RE arm

Vikran Engineering Limited (VEL) has commissioned a 5 MW solar power plant at Ambijalgaon in Ahilyanagar district, Maharashtra. The project has been developed under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme to...

GE Vernova to supply 1.35 GW Upper Sileru pumped storage units

GE Vernova Inc. has secured an order from Megha Engineering & Infrastructures Limited (MEIL) to supply nine 150 MW pumped-storage units for the 1.35 GW Upper Sileru hydropower plant in Andhra Pradesh. The project is scheduled for completion by...

AERB clears equipment erection at Kudankulam Units 5 and 6

The Atomic Energy Regulatory Board (AERB) has granted permission for major equipment erection at Units 5 and 6 of the Kudankulam Nuclear Power Project (KKNPP) in Tamil Nadu. The clearance was formally issued on April 30, 2026, allowing Nuclear Power...

UPPCL awards 375 MW BESS under VGF Tranche 2 auction

Uttar Pradesh Power Corporation Limited (UPPCL) has completed the e-reverse auction for its 375 MW / 1,500 MWh Battery Energy Storage System (BESS) tender under the Viability Gap Funding (VGF) Tranche 2 scheme. Three bidders have been selected to...

GRE Renew Enertech bags Rs 4.32 crore solar EPC order

GRE Renew Enertech Limited (formerly GRE Renew Enertech Private Limited) has received a domestic order worth Rs 4.32 crore (inclusive of taxes) for a ground-mounted solar captive power project. Souraj Energy Private Limited awarded the order on April...

Alfa Transformers wins Rs 3.79 crore TPCODL contract

Alfa Transformers Limited has secured a contract worth Rs 3.79 crore from TP Central Odisha Distribution Limited (TPCODL), a joint venture of Tata Power and the Government of Odisha. The order covers the supply of distribution transformers of various...

BHEL Q4 profit more than doubles; margins expand sharply

Bharat Heavy Electricals Limited (BHEL) reported a strong financial performance for the quarter and fiscal year ended March 31, 2026, with standalone net profit more than doubling year-on-year. The Board of Directors also recommended a final dividend...

Premier Energies arm to acquire 26% stake in Hexa Energy BH Five

Premier Energies Global Environment Private Limited, a wholly owned subsidiary of Premier Energies Limited, has approved a strategic acquisition to secure captive renewable energy. The board, in a meeting held on May 4, 2026, cleared a Share...

ACME commissions 33.3 MW BESS in Rajasthan

ACME Solar Holdings Limited has commissioned a 33.333 MW / 160.480 MWh Battery Energy Storage System (BESS) in Rajasthan. The project is located at Village Badi Sid in the Phalodi and Jodhpur districts. It achieved commissioning on May 4, 2026, with...

Deadline relief for contractors as Centre tags West Asia ‘war’

The Department of Expenditure has issued an Office Memorandum formally classifying the ongoing West Asia situation as a “war” event under the Force Majeure Clause. The move enables relief for contractors executing central government projects. The...

MNRE updates ALMM List-II with Renewsys addition, Waaree revisions

The Ministry of New and Renewable Energy (MNRE) has issued the seventh revision of the Approved List of Models and Manufacturers (ALMM) for Solar PV Cells (List-II), adding a new manufacturer and revising technical parameters for an existing...

Waaree outlines multi-segment expansion across solar, storage, and hydrogen

Waaree Energies Limited has detailed a broad expansion plan across manufacturing, grid equipment, energy storage, and green hydrogen in its investor presentation for Q4 and FY26. The roadmap positions the company to scale beyond solar modules into an...

MHI mandates localisation of EV truck electronics under PM E-DRIVE

The Ministry of Heavy Industries (MHI) has mandated domestic manufacturing of key electronic systems used in electric trucks, including battery management systems (BMS), DC-DC converters, and vehicle control units (VCUs), from September 1, 2026...

Maharashtra clears Rs 12,303 crore MAGESTIC clean energy programme

The Maharashtra government has approved a Rs 12,303 crore clean energy programme to expand renewable power, strengthen grid infrastructure, and improve long-term energy security. The decision was taken at a state cabinet meeting chaired by Chief...

Servotech Renewable reports FY26 growth led by EV chargers, solar

Servotech Renewable Power System Limited (formerly Servotech Power Systems Limited) reported its audited financial results for the fourth quarter and full year ended March 31, 2026, with growth supported by its renewable energy and EV charger...

Atlanta Electricals wins Rs 190 crore transformer order from RVPN

Atlanta Electricals Limited has secured an order worth approximately Rs 190 crores from Rajasthan Rajya Vidyut Prasaran Nigam Limited (RVPN), the state’s power transmission utility, for the supply of power transformers and associated fire protection...

HPL Electric & Power secures Rs 242 crore smart meter orders

HPL Electric & Power Limited has received work orders and notifications of award aggregating to Rs 242.24 crores (inclusive of tax) for the supply of smart meters. The orders have been placed by a set of existing customers, including GMR Triveni...

AMPIN commissions 45 MWp group captive solar project in Odisha

AMPIN Energy Transition has commissioned a 45 MWp solar project in Odisha, marking its second consecutive group captive commercial and industrial (C&I) open access installation under the Odisha Renewable Energy Policy 2022 (OREP-22). The project...

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Power Sector News Roundup for June 12, 2026

Hitachi Energy India to invest Rs 2,000 crore in Gujarat transformer plant Hitachi Energy India...

Hitachi Energy India to invest Rs 2,000 crore in Gujarat transformer plant

Hitachi Energy India Limited has announced an investment of around Rs 2,000 crore to establish a new...

JSW Energy commissions 150 MW Tidong hydro project

JSW Energy Limited, through its wholly owned subsidiary JSW Neo Energy Limited, has commissioned the...

RECPDCL transfers Jalna transmission SPV to MSETCL

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited...

POWERGRID wins Kakinada green hydrogen transmission project

Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder for...

ACME Solar commissions additional BESS capacity in Rajasthan

ACME Solar Holdings Limited (ASHL), through its wholly owned subsidiary ACME Sun Power Private...

Prozeal wins Rs 2,000 crore ONGC wind power contract

Prozeal Green Energy Limited has received a Notification of Award (NOA) from Oil and Natural Gas...

NTPC commissions additional 50 MW solar capacity in Rajasthan

NTPC Limited has declared commercial operation of an additional 50 MW solar capacity under a larger...

India yet to commission offshore wind despite 70 GW potential

India has yet to commission any offshore wind capacity despite an estimated 70 GW of technical...

China builds first integrated offshore solar, hydrogen and storage system

A coastal energy project combining 400 MW of offshore solar generation with on-site hydrogen...