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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...

MNRE approves Rs 436.93 crore RE-R&D programme till FY31

The Ministry of New and Renewable Energy (MNRE) has approved the continuation of the Renewable Energy Research and Technology Development (RE-RTD) Programme for the 16th Finance Cycle from 2026-27 to 2030-31, with a total financial outlay of Rs...

NPCIL, ECIL sign MoU for indigenous nuclear technology development

Nuclear Power Corporation of India Limited (NPCIL) and Electronics Corporation of India Limited (ECIL) have signed a Memorandum of Understanding (MoU) to establish a long-term technology partnership focused on indigenous systems for India’s...

REC forms SPVs for two Maharashtra transmission projects

REC Limited has incorporated two special purpose vehicles (SPVs) for the development of intra-state transmission projects in Maharashtra through its wholly owned subsidiary, REC Power Development and Consultancy Limited (RECPDCL), according to a...

NTPC appoints Dr. Som Nath Sachdeva as independent director

NTPC Limited has appointed Dr. Som Nath Sachdeva as an Additional Director in the capacity of Independent Director on its Board with effect from July 18, 2026, according to a regulatory filing submitted to the stock exchanges. The appointment follows...

KPI Green Energy secures CEIG approval for 100 MW solar project

KPI Green Energy Limited has received charging permission from the Chief Electrical Inspector (CEIG), Nagpur, for a 100 MW (AC) / 128 MW (DC) grid-connected ground-mounted solar photovoltaic (PV) project in Maharashtra, according to a regulatory...

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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...

ACME Solar commissions 2.29 GWh BESS capacity in FY27 to date

ACME Solar Holdings Limited has commissioned approximately 2.29 GWh of Battery Energy Storage System...

Power Sector News Roundup for July 23, 2026

Midwest Energy starts commercial production at 1.2 GWh BESS facility Midwest Energy Limited has...

Suzlon wins 201 MW wind EPC order from Waaree Group

Suzlon Energy Limited has secured a 201.6 MW wind energy order from Waaree Forever Energies Private...

Viviana commissions 400 kV line for 323 MW Gujarat wind project

Viviana Power Tech Limited has commissioned a 400 kV double-circuit (D/C) loop-in loop-out (LILO)...

Advait unit partners Adaptive Engineering for BESS platform

Advait Battery Ecosystems, a subsidiary of Advait Energy Transitions, has signed an agreement with...