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Kalpataru Projects to acquire full stake in Saudi JV KIOCL

Kalpataru Projects International Limited has signed an agreement to acquire the remaining 35 % stake in its Saudi Arabian joint venture, Kalpataru IBN Omairah Company Limited (KIOCL), from its local partner. The transaction, executed on February 23...

KEC International secures Rs 1,002 crore T&D and cables orders

KEC International Limited has secured new orders worth Rs 1,002 crore across its transmission and distribution (T&D) and cables and conductors businesses. The company announced the development on February 24, 2026, with the wins spanning domestic...

Exide Industries invests Rs 100 crore more in EESL

Exide Industries Limited has infused a further Rs 100 crore into its wholly owned subsidiary, Exide Energy Solutions Limited (EESL), through a rights issue subscription. The investment was announced on February 24, 2026, taking the parent company’s...

Bajaj Electricals appoints Rahul Pundir as Chief Supply Chain Officer

Bajaj Electricals Limited has appointed Rahul Pundir as Chief Supply Chain Officer, effective March 2, 2026. After joining, he will be designated as Senior Management Personnel at the company’s next Board Meeting. The company disclosed the...

Lineage Power wins Rs 1,587 million battery order from Reliance

Pace Digitek Limited’s material subsidiary, Lineage Power Private Limited, has received a purchase order valued at Rs 1,587.10 million (including GST) from Reliance Industries Limited for the supply of lithium-ion battery packs, according to a stock...

Moxie Power secures 558 MW supply contract from TNPDCL

Adani Power Limited’s subsidiary, Moxie Power Generation Ltd, has received a Letter of Award from Tamil Nadu Power Distribution Corporation Limited (TNPDCL) to supply 558 MW of power for five years, providing long-term revenue visibility for the...

Vikram Solar signs Rs 2,000 crore domestic cell supply deal

Vikram Solar Limited has signed a domestic solar cell procurement agreement with Jupiter International Limited to source 2 GW of crystalline solar cells valued at about Rs 2,000 crore. The agreement was executed on February 20, 2026. The contract...

NHPC approves Rs 5,702 crore investment for two J&K hydro projects

NHPC Limited (NHPC) has approved investment proposals worth about Rs 5,702 crore for two hydroelectric projects in the Union Territory of Jammu & Kashmir with a combined capacity of 500 MW. The decision was taken by the Board of Directors at its...

NTPC Green declares 165 MW commercial at Khavda-II solar project

NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has declared commercial operation of 165 MW from the 1,200 MW Khavda-II Solar Photovoltaic (PV) Project in Gujarat, effective February 20, 2026. With this addition, NTPC group’s total...

KPI Green Energy completes 92.4 MW wind project in Gujarat

KPI Green Energy Limited has completed a 92.4 MW wind power project for Ayana Renewable Power Four at Nakhatrana in Bhuj, Gujarat. The company disclosed the milestone in a stock exchange filing on Friday, stating that the project has secured approval...

CAG audit flags operational gaps and revenue losses at NLC India

A performance audit by the Comptroller and Auditor General of India (CAG) identified operational, financial and compliance gaps at NLC India Limited’s lignite mines and thermal power stations in Neyveli, leading to revenue losses and safety and...

CEA panel finds 55% MTL flexible operation does not damage thermal units

A committee constituted by the Central Electricity Authority (CEA) has found that operating thermal power plants at 55% minimum technical load (MTL) with conservative ramping rates does not result in significant damage to generating units. The...

Haryana approves Rs 402.41 crore solar micro-irrigation projects

The Haryana State Level Sanctioning Committee (SLSC) has approved four Community-Based Solar-Powered Integrated Micro-Irrigation Projects with a total investment of Rs 402.41 crore. The projects will cover 61 canal outlets across 20 blocks in...

India, UK launch offshore wind taskforce

India and the United Kingdom have set up a joint Offshore Wind Taskforce to accelerate project implementation, strengthen supply chains, and address structural challenges in India’s offshore wind sector. The initiative was launched by Union Minister...

NLC India targets 2 GW renewable addition this financial year

NLC India Limited is progressing with its renewable energy expansion and aims to add around 2 GW of capacity by the end of the current financial year, according to details shared during an investor call by M. Prasanna Kumar, Director. The company is...

Waaree subsidiary plans 16 GWh battery gigafactory in Andhra Pradesh

Waaree Energy Storage Solutions Private Limited, a wholly owned subsidiary of Waaree Energies Limited, is in discussions with the Government of Andhra Pradesh to set up an integrated lithium-ion battery gigafactory with a proposed investment of about...

ACME Urja One signs PPA with SECI for 190 MW hybrid project

ACME Urja One Private Limited, a wholly owned subsidiary of ACME Solar Holdings Limited, has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited (SECI) for a 190 MW Inter-State Transmission System (ISTS)-connected...

InoxGFL Group firms win bid for Wind World IPP and O&M businesses

Two companies under the INOXGFL Group have been declared successful bidders to acquire the Independent Power Producer (IPP) and Operations & Maintenance (O&M) businesses of Wind World India Limited. The transactions were executed through a...

PFCCL issues RfP for synchronous condenser project at Fatehgarh-II

PFC Consulting Limited (PFCCL), acting as Bid Process Coordinator, has issued a Request for Proposal (RfP) to select a Transmission Service Provider (TSP) for installation of two synchronous condenser units at the 765/400/220kV Fatehgarh-II Pooling...

Power Mech wins EPC orders for Adani thermal projects

Power Mech Projects Limited has informed stock exchanges that it has secured large-scale contracts exceeding Rs 1,000 crore. The orders were awarded by two subsidiaries of Adani Power Limited and relate to erection, testing, and commissioning...

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Power Sector News Roundup for April 15, 2026

Hitachi Energy, AESL commission one of world’s largest HVDC city center infeed Adani Electricity...

Bihar unveils green hydrogen policy targeting 0.10 MMTPA by 2031

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The Government of the National Capital Territory of Delhi has released the draft Delhi Electric...

Andhra Pradesh plans 3,000 MWh BESS rollout to support grid stability

Andhra Pradesh is planning large-scale deployment of Battery Energy Storage Systems (BESS) to...

NHPC approves monetisation of returns from Uri-II, Dhauliganga plants

NHPC Limited has approved a proposal to monetise future cash flows, specifically the return on...

PFC forms four SPVs for transmission projects in Rajasthan, Karnataka

Power Finance Corporation’s wholly owned subsidiary, PFC Consulting Limited, has incorporated four...

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GAIL to invest Rs 3,800 crore in 700 MW solar and storage projects

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Diamond Power Infrastructure Limited has received a Letter of Intent (LoI) from Adani Electricity...

Uttar Pradesh climbs to third spot under PM Surya Ghar scheme

Uttar Pradesh has moved to the third position nationally under the PM Surya Ghar Muft Bijli Yojana...