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Power Grid approves three transmission projects worth Rs 584 crore

Power Grid Corporation of India Limited (POWERGRID) has approved three transmission and communication infrastructure projects with a combined estimated cost of Rs 584.13 crore, according to a regulatory filing. The approvals were granted by the...

Diamond Power commissions seventh MV/EHV cable line in Gujarat

Diamond Power Infrastructure Limited has commissioned its seventh medium voltage (MV) and extra high voltage (EHV) power cable production line at its manufacturing facility in Vadodara, Gujarat. The newly operational line uses Continuous Catenary...

FY26 results roundup: KPIL, KEC International, Power Grid, Premier Energies, Siemens Energy, SJVN, Oswal Pumps

Several companies across power infrastructure, engineering, procurement and construction (EPC), renewable energy, and hydropower reported their FY2025-26 financial results the previous week. Here is a summary of the key announcements. Kalpataru...

JSW Energy commissions 250 MW renewable capacity

JSW Energy Limited has commissioned around 250 MW of renewable energy capacity since April 2026, taking its total installed generation capacity to 13.7 GW. The newly added capacity includes 130 MW of wind power, 69.4 MW of solar power, and 50 MW from...

Adani Power incorporates new power trading subsidiary

Adani Power Limited has incorporated a wholly owned subsidiary, Integrated Power Supply Limited (IPSL), on May 14, 2026. The company received the certificate of incorporation on May 16, 2026, according to its stock exchange filing. IPSL has been...

PFC and REC boards approve merger proposal for presidential clearance

REC Limited and Power Finance Corporation Limited (PFC) have announced that their respective Boards of Directors have approved the proposal for the merger of REC into PFC, subject to the approval of the Hon’ble President of India in accordance with...

Pace Digitek wins Rs 7,099 million BESS contract from NLC India

Pace Digitek Limited has secured a contract worth Rs 7,099.19 million (including GST) from NLC India Renewables Limited (NIRL) for a 250 MW / 500 MWh Battery Energy Storage System (BESS) project in Tamil Nadu. The scope of work includes design...

Skipper secures Rs 1,265 crore T&D orders

Skipper Limited has announced the receipt of new orders worth Rs 1,265 crore for domestic and international transmission and distribution (T&D) projects. The orders include 765 kV and 400 kV transmission line projects awarded by a reputed...

Waaree Energies completes acquisition of Waaree Semicon

Waaree Energies Limited has completed the acquisition of a 100% equity stake in Waaree Semicon Private Limited (WSPL) through its wholly owned subsidiary, Waaree Power Private Limited (WPPL). The transaction was completed for a total consideration of...

Bajaj Electricals appoints Ashween Anand as CFO

Bajaj Electricals Limited has appointed Ashween Anand as Chief Financial Officer (CFO), effective May 16, 2026. In her new role, Anand will lead the company’s finance function and oversee financial strategy, capital allocation, governance...

KPI Green Energy appoints Rajesh Shrivastava as Whole-Time Director

KPI Green Energy Limited has appointed Rajesh Shrivastava as Additional Director and Whole-Time Director and proposed the re-appointment of Venu Birappa as Independent Director for a second term, subject to shareholder approval. The decisions were...

Power Grid elevates three executives to Executive Director roles

Power Grid Corporation of India Limited (POWERGRID) has announced the promotion of three Chief General Managers to the position of Executive Director (ED), classified as Senior Management Personnel one level below the Board of Directors, with effect...

NHPC appoints Diwakar Nath Misra as Government Nominee Director

NHPC Limited has appointed Shri Diwakar Nath Misra as Government Nominee Director on its Board with effect from May 14, 2026. The appointment follows an order issued by the Ministry of Power (MoP) dated May 14, 2026. Shri Misra replaces Shri Mohammad...

Jyoti Structures signs Sri Lanka transmission JV with Hayleys Fentons

Jyoti Structures Limited has entered into a contract agreement with National Transmission Network Service Provider (Private) Limited (NTNSP) under the Mullikulam Wind Power Transmission Project in Sri Lanka, the company announced. The project is...

NTPC declares commercial operation of 62.5 MW Rajasthan solar capacity

NTPC Limited has commissioned two solar project tranches in Rajasthan with a combined capacity of 62.5 MW, according to a stock exchange filing. Both projects are held by step-down subsidiaries of ONGC NTPC Green Private Limited, a joint venture in...

Atlanta Electricals debarred by Bihar utility; disputes test findings

Atlanta Electricals Limited has received a debarment order from South Bihar Power Distribution Company Limited (SBPDCL), restricting the company from participating in its tenders for a period of two years, according to a stock exchange filing. The...

CEA proposes phased increase in DISCOM fixed charges

The Central Electricity Authority (CEA) has released a report titled “Rationalising Consumer Fixed Charge to Reflect Fixed Cost of DISCOM,” proposing a national framework to restructure retail electricity tariffs and gradually increase the share of...

Fujiyama commissions 2,000 MW solar panel line at Ratlam plant

Fujiyama Power Systems Limited, a rooftop solar solutions provider, announced on May 14, 2026, the commissioning of its 2,000 MW solar panel manufacturing line at its Ratlam, Madhya Pradesh facility, alongside its audited annual and limited-reviewed...

Non-fossil sources account for 53.6% of India’s installed power capacity

India’s total installed power generation capacity reached 537,264 MW as of April 30, 2026, according to the latest data released by the Central Electricity Authority (CEA). Non-fossil fuel-based sources, including renewable energy and nuclear power...

Cabinet approves Rs 37,500 crore coal gasification scheme

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a Scheme for Promotion of Surface Coal/Lignite Gasification Projects with a financial outlay of Rs 37,500 crore. The scheme aims to accelerate India’s coal and lignite...

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India’s peak power demand hits record 260.5 GW amid summer surge

India’s peak power demand touched a record 260.5 GW on Tuesday, surpassing the previous high of...

CEA proposes major updates to transmission planning norms

The Central Electricity Authority (CEA) has issued a draft Amendment-II to its Manual on...

Sunstream Green secures Rs 700 crore refinancing for 250 MW solar portfolio

Sunstream Green Energy has secured Rs 7 billion (around Rs 700 crore) in refinancing from State Bank...

GameChange Solar partners with First Solar for India-made modules

GameChange Solar has entered into a strategic partnership with First Solar, Inc. to support...

ReNew Energy posts higher FY26 profit despite weaker Q4 earnings

ReNew Energy Global Plc reported a sharp rise in FY26 profitability, with net profit increasing to...

Maharashtra signs MoUs for 25,400 MW nuclear capacity with Rs 6.5 lakh crore investment

The Maharashtra government has signed memorandums of understanding (MoUs) with four companies to...

Power Sector News Roundup for May 19, 2026

What is changing in India’s transmission landscape India’s transmission sector is witnessing a...

IndiGrid, AmpereHour commission 360 MWh BESS in Gujarat

AmpereHour Energy and IndiGrid have commissioned a 180 MW / 360 MWh Battery Energy Storage System...

Solex Energy FY26 income jumps 144% to Rs 1,621 crore amid expansion push

Solex Energy Limited reported a total income of Rs 1,621.1 crore for the financial year ended March...

EFC clears central scheme for floating solar projects with BESS support

The Expenditure Finance Committee (EFC) under the Ministry of Finance has approved a central scheme...