The Central Electricity Regulatory Commission (CERC) has granted Datta Power Infra Private Limited an additional 30 days to submit financial closure documents for its 162 MW wind-solar hybrid projects in Madhya Pradesh, while criticising Central...
Avaada Group has achieved financial closure for three utility-scale renewable energy projects, with total debt sanctions approaching USD 950 million. The portfolio includes what the company described as India’s largest financing transaction in...
Vikran Engineering Limited has outlined an ambitious growth strategy for the coming years, targeting a significant increase in revenue, entry into the data centre engineering, procurement and construction (EPC) segment, and potential expansion into...
Sunsure Energy has commissioned a 105 MWp solar power project in Mahoba district of Uttar Pradesh, becoming the first renewable energy developer to evacuate green power through the state’s Green Energy Corridor-II infrastructure. The project is...
Alfa Transformers Limited has received a letter of award from Madhya Gujarat Vij Company Limited (MGVCL) for the supply of 12,000 distribution transformers valued at approximately Rs 63 crore. The order has been awarded under the CPP tender for...
Indian Energy Exchange Limited (IEX) has incorporated a wholly owned subsidiary, Indian Coal Exchange Limited, to establish an online trading platform for coal buyers and sellers. The new entity was incorporated on June 1, 2026, marking IEX’s entry...
ACME Solar Holdings Limited has launched a qualified institutions placement (QIP) to raise funds from eligible institutional investors. The company’s Fund Raising Committee approved the opening of the QIP on June 1, 2026. It also set the floor price...
Adani Energy Solutions Limited (AESL) has incorporated seven wholly owned subsidiaries in a single day as part of its expansion across the electricity value chain. The company disclosed the incorporations to stock exchanges on June 1, 2026. The newly...
Adani Green Energy Limited (AGEL) has operationalised a 50 MW solar power project at Khavda, Gujarat, through its wholly-owned step-down subsidiary, Adani Hybrid Energy Jaisalmer Five Limited. Following the commissioning, AGEL’s total operational...
Suzlon Energy Limited has appointed Mr. Ashok Ramachandran as President – India Business and Senior Managerial Personnel (SMP), effective June 4, 2026. In a stock exchange filing, the company said Ramachandran will report to the Group Chief Executive...
Kalpataru Projects International Limited (KPIL), along with its international subsidiaries, has secured new orders and notifications of award worth around Rs 2,002 crore across domestic and overseas markets. According to a company press release, the...
The Forest Advisory Committee (FAC) has granted in-principle forest clearance to the 1,200 MW Kalai-II hydroelectric project proposed on the Lohit River in Arunachal Pradesh. The approval allows diversion of around 869 hectares of forest land...
The Ministry of New and Renewable Energy (MNRE) has directed renewable power developers seeking additional time for project commissioning beyond June 1, 2026, to submit their requests only through the dedicated Domestic Content Requirement (DCR)...
Inox Wind Limited reported a consolidated net profit of Rs 91.3 crore for the quarter ended March 2026, down 51.1% from Rs 186.8 crore in the year-ago period, as geopolitical disruptions and delayed customer payments impacted profitability. Revenue...
The Securities and Exchange Board of India (SEBI) has clarified that renewable energy projects awarded through tariff-based competitive bidding (TBCB) or other open competitive bidding mechanisms to special purpose vehicles (SPVs) of infrastructure...
Uttar Pradesh Power Corporation Limited (UPPCL) will impose a Fuel and Power Purchase Adjustment Surcharge (FPPAS) of 10% on electricity bills in June 2026 for all categories of consumers. The surcharge has been introduced in line with the Uttar...
Koraam, the agricultural solar solutions vertical powered by Kosol Energie Pvt. Ltd., has received its fourth order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for deployment of solar water pumping systems under the Magel...
NHPC Limited has commenced construction activities for the 240 MW Uri-I Stage-II Hydro Electric (HE) Project in Uri, Baramulla district of the Union Territory of Jammu & Kashmir. Shri Bhupender Gupta, Chairman and Managing Director (CMD), NHPC...
Four special purpose vehicles (SPVs) associated with power transmission projects changed ownership between May 29 and May 30, 2026, under the tariff-based competitive bidding (TBCB) framework. Power Grid Corporation of India Limited (POWERGRID)...
RMC Switchgears Limited reported consolidated revenue from operations of Rs 401.59 crore for the financial year ended March 31, 2026, registering a year-on-year growth of 26.40%, according to a stock exchange filing. The company recorded consolidated...
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Indian Energy Exchange (IEX) traded 37,534 MU (37.5 BU) of electricity during the first quarter (Q1)...