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Adani Power Q1 profit rises 42%; board clears Rs 15,000 crore fundraise

Adani Power Limited (APL) reported higher earnings and operating performance for the quarter ended June 30, 2026, supported by increased electricity sales, higher operating capacity and improved tariff realisations under power purchase agreements...

Inox Green board approves fundraising plan of up to Rs 600 crore

Inox Green Energy Services Limited (IGESL) has approved a proposal to raise up to Rs 600 crore through the issuance of securities, according to a regulatory filing dated July 22, 2026. The fundraising will provide the company with financial...

Midwest Energy starts commercial production at 1.2 GWh BESS facility

Midwest Energy Limited has started commercial production at its Battery Energy Storage System (BESS) manufacturing facility in Bengaluru, strengthening its presence in India’s growing energy storage market. The facility has an annual...

MNRE adds Avaada, expands Fujiyama capacity under ALMM List-II

The Ministry of New and Renewable Energy (MNRE) has issued the eighth revision of the Approved List of Models and Manufacturers (ALMM) List-II for solar photovoltaic (PV) cells, adding Avaada Electro Limited as a new manufacturer and approving...

ANDRITZ completes EPS works for NHPC’s 510 MW Teesta-V project

ANDRITZ has completed the Electrical Package System (EPS) works for NHPC Limited’s 510 MW Teesta-V Hydroelectric Project, achieving synchronisation of all three generating units with the national grid in July 2026. The company stated that it...

Servotech reports 58% rise in Q1 revenue, PAT up 75%

Servotech Renewable Power System Ltd. reported strong growth in revenue and profitability during the quarter ended June 30, 2026, driven by demand across its clean energy portfolio, which includes electric vehicle (EV) charging infrastructure, solar...

Rajesh Power Services wins Rs 40.58 crore PGVCL contract

Rajesh Power Services Limited has secured a turnkey contract from Paschim Gujarat Vij Company Limited (PGVCL) for works under the utility’s System Improvement (SI) Scheme in Gujarat. The contract, valued at approximately Rs 40.58 crore...

RECPDCL incorporates SPV for 400 kV switching station in Maharashtra

REC Power Development and Consultancy Limited (RECPDCL) has incorporated Dharashiv Power Transmission Limited as a Special Purpose Vehicle (SPV) for the implementation of the “Establishment of 400 kV GIS Solapur/Paranda Switching Station (Dist...

KPI Green commissions 200 MW AC solar capacity for Coal India at Khavda

KPI Green Energy Limited has commissioned 200 MW (AC) / 269 MW (DC) of solar capacity under a larger 300 MW (AC) / 405 MW (DC) grid-connected ground-mounted solar photovoltaic project being developed for Coal India Limited at Gujarat Industries Power...

Adani Energy’s Q1 profit jumps 130% on transmission, smart metering growth

Adani Energy Solutions Limited (AESL) reported strong growth across its transmission, smart metering, distribution and Energy Solutions Platform businesses during the quarter ended June 30, 2026, with consolidated total income rising 40% year-on-year...

SECI awards 1,344 MW under pumped storage tender

The Solar Energy Corporation of India (SECI) has awarded 1,344 MW of pumped storage capacity under its 1,500 MW/12,000 MWh tender floated in December 2025. The tender sought developers to establish pumped storage projects (PSPs) and make storage...

Atlanta Electricals reports 48% revenue growth in Q1 FY27

Atlanta Electricals Limited reported consolidated revenue from operations of Rs 466.33 crore for the quarter ended June 30, 2026, registering a 48.0% increase over the corresponding period last year. The growth was supported by execution of domestic...

ACME Solar signs 300 MW hybrid PPA, commissions 160 MWh BESS

ACME Solar Holdings Limited has expanded its renewable and energy storage portfolio through a new power purchase agreement and the commissioning of additional battery storage capacity, according to separate regulatory filings. The company, through...

Oriano commissions 112 MWp solar project in Maharashtra

Oriano Clean Energy has commissioned a 112 MWp solar project for Hexa Climate Solutions Pvt. Ltd. at Wardha in Maharashtra and has subsequently secured an additional 84 MWp project from the company in Andhra Pradesh. The development highlights the...

Kalpa Power secures 100 MWh BESS supply from Lineage Power

Kalpa Power has signed a memorandum of understanding (MoU) with Lineage Power Private Limited (LPPL), a subsidiary of Pace Digitek Limited, to secure 100 MWh of Battery Energy Storage System (BESS) capacity. Under the agreement, Lineage Power will...

Bondada wins EPC contract for 100 MWh VRFB project at Khavda

Bondada Engineering Limited has received a Notification of Award (NOA) from NTPC Renewable Energy Limited (NTPC REL) for the Engineering, Procurement and Construction (EPC) package of a 100 MWh Vanadium Redox Flow Battery Energy Storage System (VRFB...

Pace Digitek’s subsidiary opens battery R&D centre in Pune

Pace Digitek Limited has announced the establishment of a dedicated research and development facility for advanced battery technologies by its material subsidiary, Lineage Power Private Limited (LPPL). The new centre, located in Pune, will focus on...

TARIL posts Rs 572 crore Q1 revenue, order inflows jump 218%

Transformers and Rectifiers (India) Limited (TARIL) reported consolidated revenue from operations of Rs 572.34 crore for the quarter ended June 30, 2026, registering an increase of 8% over the corresponding period last year. The company also reported...

REC appoints RITES for transformer quality monitoring under RDSS

REC Limited has signed a contract with RITES Limited for third-party quality monitoring of power transformers to be deployed under the Revamped Distribution Sector Scheme (RDSS) in Bihar and Uttar Pradesh. RITES, a Schedule ‘A’ Central...

ACME Solar signs 300 MW hybrid PPA with SECI at Rs 3.25/unit

ACME Solar Holdings Limited has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited (SECI) for a 300 MW wind-solar hybrid project under Hybrid Tranche IX, according to a regulatory filing. The agreement has been...

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Waaree Solar Americas secures 125 MW HJT module supply order

Waaree Solar Americas, a subsidiary of Waaree Energies Limited, has secured an order for the supply...

Indosolar reports Rs 68.36 crore revenue in Q1 amid business shift

Indosolar Limited, a subsidiary of Waaree Energies Limited, reported revenue from operations of Rs...

IEX reports 11.7% rise in Q1 profit as electricity volumes grow

Indian Energy Exchange Limited (IEX) reported a consolidated profit after tax (PAT) of Rs 134.8...

NTPC Green commissions 64.76 MW at Khavda

NTPC Green Energy Limited (NGEL) has declared the commercial operation of 64.76 MW, the first part...

Adani Green posts Rs 983 crore profit in Q1 as capacity crosses 20 GW

Adani Green Energy Limited (AGEL) reported a profit of Rs 983 crore for the quarter ended June 30...

NABARD, MAHAPREIT partner to finance rural green infrastructure

The National Bank for Agriculture and Rural Development (NABARD) and Mahatma Phule Renewable Energy...

Bihar seeks developers to build pumped storage projects statewide

The Bihar State Power Generation Company Limited (BSPGCL) has invited Expressions of Interest (EOIs)...

Kalpataru energises 101.39 km transmission lines in Rajasthan

Kalpataru Projects International Limited (KPIL) has completed the charging and energisation of the...

Rajesh Pandey assumes charge as DVC’s 51st Chairman

Shri Rajesh Pandey, IAS, assumed charge as the 51st Chairman of Damodar Valley Corporation (DVC) on...

Bondada receives CEA approval for 300 MW Khavda solar project

Bondada Engineering Limited has received approval for energisation from the Central Electricity...