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BlackRock trims stake in PTC India via open market sale

BlackRock, Inc. has marginally reduced its shareholding in PTC India Limited through an open market transaction, according to a regulatory disclosure. In filings submitted to the Bombay Stock Exchange and the National Stock Exchange on April 29...

Adani Power Q4 profit jumps 64%; FY26 growth remains muted

Adani Power reported a strong fourth quarter for FY26, with net profit rising 64.3% year-on-year to Rs 4,271 crore. However, full-year performance remained largely flat, with consolidated Profit After Tax (PAT) increasing 1.7% to Rs 12,971 crore from...

Dalmia Cement to acquire stake in hybrid RE project in Andhra Pradesh

Dalmia Cement (Bharat) Limited (DCBL), a wholly-owned subsidiary of Dalmia Bharat Limited, has entered into an agreement to acquire a stake in a renewable energy project to support its manufacturing operations in Andhra Pradesh. In a regulatory...

ACME Solar commissions additional BESS capacity in Rajasthan

ACME Solar Holdings Limited has commissioned an additional tranche of its Battery Energy Storage System (BESS) project in Rajasthan, expanding its operational energy storage capacity. In a regulatory filing dated April 29, 2026, the company said its...

Ravindra Energy Q4 generation surges; EV unit posts loss

Ravindra Energy Limited reported a sharp rise in renewable energy generation in the fourth quarter of FY26, supported by new capacity additions, while its electric vehicle (EV) business continued to incur losses amid ongoing network expansion. The...

Sunora Solar, Bharat Enterprise partner for 30 MW PM Kusum project in Hyderabad

Sunora Solar has entered into a long-term purchase agreement with Hyderabad-based Bharat Enterprise to supply TOPCon G12R solar modules for a 30 MW project under the PM Kusum Yojana. The project targets commissioning within this year and involves a...

Google breaks ground on AI hub in Visakhapatnam

Google has begun construction of its AI hub in Visakhapatnam, Andhra Pradesh, marking its largest investment in India’s digital infrastructure to date. The project is being developed in partnership with AdaniConneX and Nxtra by Airtel. The...

REC reports highest-ever annual profit of Rs 16,282 crore

REC Limited reported its highest-ever standalone net profit of Rs 16,282 crore for the financial year ended March 31, 2026, up from Rs 15,713 crore in FY25. On a consolidated basis, net profit stood at Rs 16,308 crore in FY26, compared to Rs 15,884...

Enviro Infra Engineers enters wind segment with Suyog Urja buy

Enviro Infra Engineers Limited said its wholly-owned subsidiary, EIE Renewables Private Limited, has signed a Share Purchase Agreement to acquire 100% share capital of Suyog Urja Limited, marking its entry into the wind energy segment. Under the...

Bikaner-V transmission plan faces uncertainty amid developer pushback

The proposed 6 GW Bikaner-V transmission scheme, intended to evacuate renewable energy from Rajasthan, faces uncertainty after developers rejected a proposal to shift connectivity to existing substations with access limited to non-solar hours. The...

Skipper reports record FY26 revenue and profit growth

Skipper Limited reported its highest-ever annual revenue and profitability for the financial year ended March 31, 2026, supported by strong execution in the transmission and distribution (T&D) segment. On a standalone basis, revenue from...

Emmvee reports strong FY26 growth on higher solar output

Emmvee Photovoltaic Power Limited reported a sharp increase in its audited financial results for the quarter and year ended March 31, 2026, driven by higher production and capacity expansion. For FY26, revenue from operations rose 116% year-on-year...

Waa Solar commissions 6 MW under PM-KUSUM feeder scheme

Waa Solar Limited has commissioned 6,000 KW (AC) of grid-connected solar photovoltaic capacity under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) Feeder Level Solarization Scheme. The company received two...

Bondada Engineering reports strong FY26 growth on EPC execution

Bondada Engineering Limited reported higher revenue and profit for the quarter and year ended March 31, 2026, supported by growth across its Engineering, Procurement, and Construction (EPC) and operations and maintenance (O&M) segments. On a...

Websol Energy posts strong FY26 growth on higher solar output

Websol Energy System Limited reported a sharp increase in its audited financial results for the quarter and year ended March 31, 2026, supported by higher production and capacity utilisation. Revenue from operations in Q4FY26 rose 132.1% year-on-year...

Vikran Engineering acquires 49% stake in NOPL Solar Projects

Vikran Engineering Limited has signed a Share Purchase Agreement to acquire a 49% equity stake in NOPL Solar Projects Private Limited for Rs 4.9 crore, expanding its footprint in the renewable energy segment. NOPL Solar Projects is involved in the...

Advait Energy sets up three subsidiaries to expand clean energy portfolio

Advait Energy Transitions Limited (formerly Advait Infratech Limited) has incorporated three new subsidiary companies. The subsidiaries include Advait Battery Ecosystems Private Limited, which will focus on energy storage systems, electric vehicle...

NCLT approves Inox Green demerger of power evacuation business

The National Company Law Tribunal (NCLT), Ahmedabad Bench, has approved the Scheme of Arrangement for the demerger of the Power Evacuation Business of Inox Green Energy Services Limited into Inox Renewable Solutions Limited. The company received the...

Lucknow tops India in rooftop solar, overtakes Surat

Lucknow has surpassed Surat to become the leading Indian city in rooftop solar installations, based on data released in mid-April 2026 by the Uttar Pradesh New and Renewable Energy Development Agency. The city now records the highest level of...

SECI awards 5.67 MW rooftop solar under Tranche VIII

The Solar Energy Corporation of India Limited (SECI) has announced results for its January 2026 tender covering 5,665 kW of rooftop solar capacity across 14 government buildings. The projects are being developed under the RESCO (Renewable Energy...

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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...