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Ashoka Buildcon wins USD 72.36 million Angola power project

Ashoka Buildcon Limited has received a Letter of Contract Acceptance from the Ministry of Energy and Water of Angola for an electricity distribution project valued at USD 72.36 million. According to a regulatory filing, the contract covers design...

Hindustan Power wins 100 MW solar project in Punjab

Hindustan Power has secured a 100 MW AC solar power project from Punjab State Power Corp. Ltd (PSPCL) to be developed in Punjab, with an estimated installed capacity of 140–150 MWp. The project was awarded through a tariff-based competitive bidding...

Rocklink India launches lithium-ion and rare earth recycling plant in UP

Rocklink India, a wholly owned entity of the Rocklink group, has inaugurated its first integrated recycling facility in India at the UPSIDC Industrial Area in Sikandrabad, Uttar Pradesh, focused on lithium-ion batteries, rare earth magnets, and...

Kosol Energie completes 142 MWp solar project for Coal India in Gujarat

Kosol Energie Pvt. Ltd. has completed a 142 MWp ground-mounted solar project for Coal India Limited (CIL) at Bhadramali village in Deesa taluka of Banaskantha district, Gujarat. The project was taken over by Kosol Energie as a partially executed...

Eveready commissions alkaline battery plant in Jammu

Eveready Industries India Ltd. has commissioned an alkaline battery manufacturing facility at the SIDCO Industrial Complex in Samba, Jammu, marking the country’s only functioning unit of its kind. The facility was inaugurated by Manoj Sinha...

AP lays foundation for ReNew’s Rs 5,400 crore solar wafer plant

Andhra Pradesh Chief Minister N. Chandrababu Naidu laid the foundation stone for ReNew’s solar ingot and wafer manufacturing facility at Rambilli in Anakapalli district. The Rs 5,400 crore project is aimed at strengthening domestic solar...

Patel Engineering L1 for Rs 1,593 crore Lower Arun hydro package

Patel Engineering Limited has been declared the lowest bidder (L1) for a contract valued at Rs 1,593.08 crore for the 669 MW Lower Arun Hydropower Project in Nepal. The contract has been issued by SJVN Lower Arun Power Development Company (P)...

GR Infraprojects bags Rs 413.37 crore NTPC BESS EPC contract

GR Infraprojects Limited has executed an Engineering, Procurement and Construction (EPC) agreement with NTPC Limited for deployment of a Battery Energy Storage System (BESS) at the Mouda Super Thermal Power Station in Maharashtra. The contract...

Ahasolar wins Rs 2.48 crore PMC contract for Goa rooftop solar

Ahasolar Technologies Limited has secured a work order from Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) to act as Project Monitoring Consultant (PMC) for a 30 MW (AC) distributed rooftop solar programme across...

Pace Digitek signs NEC XON deal to expand BESS in Africa

Pace Digitek Limited has entered into an Original Equipment Manufacturer (OEM) exclusivity agreement with NEC XON Systems Proprietary Limited to market and distribute its energy solutions across select African markets. The agreement, executed on...

Waa Solar, Madhav Infra sign 121.3 MW PPAs under PM-KUSUM C

Waa Solar Limited and Madhav Infra Projects Limited have executed multiple Power Purchase Agreements (PPAs) with Madhya Pradesh Power Management Company Limited (MPPMCL) for feeder-level solarisation projects under the PM-KUSUM C Yojana. Waa Solar...

Adani Energy Q4 profit rises 5.66% as revenue grows 15.9%

Adani Energy Solutions Limited (AESL) reported a 5.66% year-on-year increase in consolidated profit attributable to owners at Rs 684 crore for the quarter ended March 31, 2026, supported by strong revenue growth driven by project execution and...

Saatvik acquires 80% in Melcon, enters transformer manufacturing

Saatvik Green Energy Limited has signed a Share Purchase Agreement to acquire an 80% equity stake in Melcon Transformers and Electricals Private Limited, marking its entry into power equipment manufacturing as it expands beyond solar photovoltaic...

KP Energy secures inter-state trading licence from CERC

KP Energy Limited has received an Inter-State Electricity Trading Licence (Category V) from the Central Electricity Regulatory Commission (CERC), enabling it to participate in power trading across India. The licence allows the renewable energy...

Tata Power incorporates TP Urja as wholly owned subsidiary

The Tata Power Company Limited has incorporated a new wholly owned subsidiary, TP Urja Limited, to expand its presence in power and energy services. According to a regulatory filing, TP Urja has been set up as a public company under the Companies...

IEX FY26 profit rises 14.9% as volumes hit record 141.1 BU

Indian Energy Exchange (IEX) reported audited results for the quarter and year ended March 31, 2026, with record electricity traded volumes and double-digit growth in profitability. For FY26, consolidated Profit After Tax (PAT) rose 14.9%...

PFC appoints Rajesh Kumar Agarwal as independent director

Power Finance Corporation Ltd. (PFC) has approved the appointment of Shri Rajesh Kumar Agarwal as an Additional Director, designated as an Independent Director, with effect from April 24, 2026, according to a regulatory filing. Agarwal brings over 31...

NHPC advances Subansiri Lower project with Unit 4 tests

The 2,000 MW Subansiri Lower Hydroelectric Project (SLHEP) has progressed toward commissioning with the start of generator tests for Unit 4 on April 21–22, 2026, during a site visit by Shri Uttam Lal, Director (Personnel) of NHPC Limited. The project...

Enviro Infra acquires Bihar BESS SPV with phased stake buy

Enviro Infra Engineers Limited (EIEL) has announced that its wholly owned subsidiary, EIE Renewables Private Limited, has entered into a Share Purchase and Options Agreement to acquire PRA Bihar Bess Private Limited, a special purpose vehicle (SPV)...

ABCI Infra wins CESC’s 40 MW / 80 MWh BESS project in Kolkata

ABCI Infrastructures has secured a contract from Calcutta Electric Supply Corporation (CESC) to develop a 40 MW / 80 MWh standalone battery energy storage system (BESS) at the New Cossipore generating station in Kolkata, West Bengal. The project was...

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Power Sector News Roundup for June 12, 2026

Hitachi Energy India to invest Rs 2,000 crore in Gujarat transformer plant Hitachi Energy India...

Hitachi Energy India to invest Rs 2,000 crore in Gujarat transformer plant

Hitachi Energy India Limited has announced an investment of around Rs 2,000 crore to establish a new...

JSW Energy commissions 150 MW Tidong hydro project

JSW Energy Limited, through its wholly owned subsidiary JSW Neo Energy Limited, has commissioned the...

RECPDCL transfers Jalna transmission SPV to MSETCL

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited...

POWERGRID wins Kakinada green hydrogen transmission project

Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder for...

ACME Solar commissions additional BESS capacity in Rajasthan

ACME Solar Holdings Limited (ASHL), through its wholly owned subsidiary ACME Sun Power Private...

Prozeal wins Rs 2,000 crore ONGC wind power contract

Prozeal Green Energy Limited has received a Notification of Award (NOA) from Oil and Natural Gas...

NTPC commissions additional 50 MW solar capacity in Rajasthan

NTPC Limited has declared commercial operation of an additional 50 MW solar capacity under a larger...

India yet to commission offshore wind despite 70 GW potential

India has yet to commission any offshore wind capacity despite an estimated 70 GW of technical...

China builds first integrated offshore solar, hydrogen and storage system

A coastal energy project combining 400 MW of offshore solar generation with on-site hydrogen...