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JSW Steel, Bharatia and Carbon Iceland sign MoU for green methanol project

JSW Steel Limited, Bharatia, and Carbon Iceland International have signed a strategic Memorandum of Understanding (MoU) to jointly explore the development of a large-scale green methanol (eMethanol) project in India. The agreement was signed during...

UPERC eases compliance norms for green energy open access projects

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has issued a “Removal of Difficulty” order under its Open Access Regulations, introducing changes aimed at reducing costs and simplifying compliance requirements for green energy open access...

MNRE rules out blanket ALMM deadline extension, sets up case-by-case exemption route

The Ministry of New and Renewable Energy (MNRE) has decided not to grant a blanket extension to the June 1, 2026 deadline for mandatory sourcing of solar photovoltaic (PV) cells from the Approved List of Models and Manufacturers (ALMM) List-II...

NLC India, NPCIL sign MoU for nuclear power joint venture

NLC India Limited has signed a Memorandum of Understanding (MoU) with Nuclear Power Corporation of India Limited (NPCIL) to establish a joint venture company for developing nuclear power projects in India, marking the company’s entry into the nuclear...

Suzlon Energy FY26 revenue jumps 54% to Rs 16,679 crore

Suzlon Energy Limited reported strong growth in consolidated revenue and profitability for the financial year ended March 31, 2026, supported by higher execution in its wind turbine generator (WTG) business and increased operational scale. However...

Hitachi Energy Q4 profit rises 80%; approves Rs 2,000 crore capex

Hitachi Energy India Limited reported a 79.7% year-on-year (YoY) increase in net profit for the fourth quarter of FY26, supported by strong revenue growth and improved operating margins. The company also approved an additional capital expenditure of...

Insolation Energy FY26 revenue jumps 61% to Rs 2,163 crore

Insolation Energy Limited reported audited financial results for the fourth quarter and financial year ended March 31, 2026, recording strong growth in revenue, profitability, and manufacturing capacity expansion. Revenue from operations for FY26...

Pace Digitek FY26 revenue rises 8.3% to Rs 2,641 crore

Pace Digitek Limited reported its audited financial results for the quarter and financial year ended March 31, 2026, with growth in revenue and profit supported by expansion in its battery energy storage system (BESS) and telecom infrastructure...

Rooftop solar projects risk losing ALMM-II exemption due to DISCOM delays: MNRE

The Ministry of New and Renewable Energy (MNRE) has advised distribution companies (DISCOMs) and other relevant authorities to ensure the timely inspection and commissioning of rooftop solar photovoltaic (PV) projects ahead of the upcoming Approved...

RECPDCL, BSPTCL sign MoU for Bihar intrastate transmission projects

REC Power Development & Consultancy Ltd (RECPDCL) and Bihar State Power Transmission Company Ltd (BSPTCL) have signed a memorandum of understanding (MoU) to develop intrastate transmission projects in Bihar through the tariff-based competitive...

ARCI develops nano-composite material for thermal energy storage

Researchers at the International Advanced Research Centre for Powder Metallurgy and New Materials (ARCI), an autonomous institution under the Department of Science and Technology (DST), have developed a scalable process for producing a spinel...

Fujiyama approves 1.2 GW TopCon solar cell plant in Madhya Pradesh

Fujiyama Power Systems Limited has approved the establishment of a 1.2 GW TopCon solar cell manufacturing facility at its Ratlam plant in Madhya Pradesh. The company’s board approved the decision as part of its expansion and backward integration...

Andhra Pradesh clears 2,250 MW Gandikota-2 PSP for Adani Group

The Government of Andhra Pradesh has approved the allocation of the 2,250 MW Gandikota-2 Pumped Storage Project (PSP) in Kadapa district to Adani Hydro Energy Eleven Limited (AHE11L). The approval further expands the state’s clean energy and energy...

Goodluck India secures USD 13.6 million Nepal transmission line order

Goodluck India Limited has received an export order from an engineering, procurement and construction (EPC) player in Nepal for the supply of galvanized steel tower structures and fasteners for a 400 kV double-circuit transmission line project. The...

Vikran Engineering order book rises to Rs 5,737 crore in FY26

Vikran Engineering Limited reported audited financial results for the quarter and financial year ended March 31, 2026, with its consolidated order book crossing Rs 5,000 crore at the end of FY26. The company said the order pipeline was supported by...

SWELECT Energy reports FY26 PAT of Rs 57.58 crore

SWELECT Energy Systems Ltd. reported a consolidated profit after tax (PAT) of Rs 57.58 crore for the financial year ended March 31, 2026, compared to Rs 13.98 crore in the previous fiscal year. The company’s board approved the standalone and...

Andhra Pradesh inaugurates SAEL’s 600 MW solar projects in Kadapa

Andhra Pradesh Information Technology (IT) Minister Nara Lokesh inaugurated SAEL Industries Limited’s 600 MW solar power projects in Kadapa district, marking a major renewable energy development in the state. The projects, SAEL Solar MHP1 and SAEL...

NTPC Green Energy Q4 profit falls 15.5% despite revenue growth

NTPC Green Energy reported a consolidated net profit of Rs 197 crore for Q4 FY26, registering a year-on-year decline of 15.5% from Rs 233 crore in the corresponding quarter last year. The decline came despite strong growth in revenue and operating...

Hindustan Power signs 800 MW PSA with MP Power Management

Hindustan Power, through its subsidiary Anuppur Powerprojects Private Limited, has signed a power supply agreement (PSA) with MP Power Management Company Limited for the supply of 800 MW of power from its upcoming unit in Anuppur, Madhya Pradesh. The...

NALCO gets EAC nod to expand Angul power plant, greenbelt concerns flagged

The Expert Appraisal Committee (EAC) for Thermal Projects has recommended the grant of Terms of Reference (ToR) for National Aluminium Company Limited’s (NALCO) proposal to expand its captive power plant at Angul, Odisha, from 1,200 MW to 2,280 MW...

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NTPC REL signs PPA with PTC India for 1,200 MW solar power

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Power Sector News Roundup for July 3, 2026

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Tata Power Renewable commissions 100.8 MW Jewali wind project in Maharashtra

Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, has...

Adani, Azure, ACME plants found non-compliant after grid disturbances

The Northern Regional Load Despatch Centre (NRLDC) has identified multiple renewable energy...

India lacks equipment for continuous radioactivity monitoring, Adani tells EAC

India does not currently have commercially available instruments for continuous monitoring of...

Why solar-plus-storage is key to India’s energy future

India’s energy sector is going through a major transformation, driven by the powerful...

STEAG Energy wins Rs 1,437 crore O&M contract from Vedanta

STEAG Energy Services (India) Private Limited, a wholly-owned step-down subsidiary of Bluspring...

ACME to supply 405 kTPA green ammonia to Japan’s IHI Corporation

ACME Cleantech Solutions Private Limited (ACME Group) has signed long-term offtake agreements with...

IEX Q1 electricity trade rises 16% to 37.5 BU amid higher power demand

Indian Energy Exchange (IEX) traded 37,534 MU (37.5 BU) of electricity during the first quarter (Q1)...