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PFC board approves in-principle merger with REC, exits PTC India board

Power Finance Corporation Limited (PFC) has initiated a major restructuring following the Union Budget 2026–27, with its Board approving in-principle a merger with its subsidiary, REC Limited. The Board has also approved the withdrawal of PFC’s...

Bajel Projects wins two Power Grid contracts worth over Rs 400 crore

Bajel Projects Limited announced on February 6, 2026, that it has secured two contracts from Power Grid Corporation of India Limited (PGCIL), together valued at over Rs 400 crore. The orders cover a substation extension and a high-capacity...

ACME Solar confirms 301 MW FDRE-VII win, adds wind capacity in Gujarat

On February 6, 2026, ACME Solar disclosed that it had secured a 301 MW/1,204 MWh assured peak supply project in an e-reverse auction conducted by the Solar Energy Corporation of India under its Firm and Dispatchable Renewable Energy Phase VII...

Advait Energy signs hydrogen MoUs, wins Power Grid crane order

On February 7, 2026, Advait Energy Transitions Limited informed exchanges that its subsidiary, Advait Greenergy Private Limited, signed three non-binding Memoranda of Understanding (MoUs) during the India Energy Week held from January 27 to 30, 2026...

Karnataka plans EV City near Bengaluru

The Government of Karnataka has announced plans to develop a large scale Electric Vehicle (EV) City near Bengaluru to strengthen the state’s electric mobility and advanced battery technology ecosystem. The proposal was outlined during an industry...

SECI awards 899 MW firm renewable power in FDRE auction

Solar Energy Corporation of India Limited (SECI) has concluded an auction for firm, dispatchable renewable energy (FDRE) projects, with leading developers securing capacity to supply clean power during peak demand periods. The auction is part of...

GREW Solar secures repeat 550 MW module supply order

GREW Solar has secured a repeat order to supply 550 MW of solar modules to a leading Independent Power Producer. The company said the order reflects continued developer confidence in its manufacturing capacity and delivery performance for utility...

Suzlon posts higher profit on record Q3 wind deliveries

Suzlon Energy Limited reported a consolidated net profit of Rs 445 crore for the third quarter ended December 31, 2025, an increase of 14.7% compared with the same period last year. Revenue rose 42% year on year to Rs 4,228 crore, supported by the...

MNRE updates approved list for solar cell manufacturers

The Ministry of New and Renewable Energy (MNRE) has issued the fourth revision of its Approved List of Models and Manufacturers (ALMM) for solar photovoltaic cells. The update adds a new manufacturer and expands the approved model range of existing...

NISE and GRID-INDIA sign MoU on solar power forecasting

National Institute of Solar Energy (NISE) and Grid Controller of India Limited (GRID-INDIA) have signed a Memorandum of Understanding (MoU) to jointly undertake a research project on day ahead and intra day solar power forecasting for large solar...

SJVN commissions 70 MW Dhubri solar project in Assam

SJVN Limited has announced the commissioning of its 70 MW Dhubri Solar Power Project in Assam. The project marks SJVN’s first operational asset in India’s North Eastern Region. It has been developed by its subsidiary, SJVN Green Energy Limited...

Insolation Energy appoints Shreemat Pandey as independent director

Insolation Energy Limited announced the appointment of Mr. Shreemat Pandey as an Additional Non Executive Independent Director, effective February 5, 2026. The appointment was approved by the board and is subject to shareholder approval. Mr. Pandey...

Hitachi Energy India posts sharp profit growth in Q3 FY26

Hitachi Energy India Limited announced its unaudited financial results for the third quarter ended December 31, 2025, reporting a strong year on year rise in profit. The company said higher execution levels, sustained demand across key segments, and...

Bajel Projects reports margin expansion in Q3 FY26 results

Bajel Projects Limited announced its financial results for the third quarter and nine-month period ended December 31, 2025, reporting a sharp improvement in profitability. The company said the expansion in margins was driven by a strategic shift...

Adani Energy Solutions delivers one crore smart meters

Adani Energy Solutions Limited (AESL) announced on February 5, 2026, that it has delivered one crore smart electricity meters across India. The company said it is the first entity in the country, and possibly worldwide, to reach this scale. AESL also...

MNRE clarifies customs duty eligibility for wind turbine components

The Ministry of New and Renewable Energy (MNRE) has issued a circular notifying revised eligibility for concessional customs duty on imported forged steel rings used in wind energy generators. The clarification, dated February 4, 2026, follows a...

SECI concludes 1.2 GW wind auction with tariffs at Rs 3.67–3.69 per kWh

Solar Energy Corporation of India (SECI) has concluded the reverse auction for its 1,200 MW Interstate Transmission System connected wind power tender, Tranche XIX, with tariffs discovered in a narrow and competitive range of Rs 3.67 to Rs 3.69 per...

Waaree Energies US arm bags 150 MW international solar module order

Waaree Energies Limited has secured an overseas solar module supply order through its United States subsidiary, adding to its international order pipeline. In a regulatory filing dated February 4, 2026, the company said its wholly owned subsidiary...

Tata Power posts strong Q3 as renewable, manufacturing units drive growth

Tata Power Company Limited reported robust financial performance for the third quarter and nine month period of fiscal year 2026, led by strong growth in its renewable energy, manufacturing, and distribution businesses. For the quarter ended December...

Vikran Engineering sets up solar SPV for NTPC project, extends Rs 49.15 crore loan

Vikran Engineering Limited has taken key corporate steps to support its renewable energy execution plans, including the incorporation of a project specific subsidiary for a large solar contract and the extension of an inter corporate loan. In...

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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

The Government of Bihar has released the Bihar Green Hydrogen Policy 2026, targeting production of...

Delhi releases draft EV policy 2026 with phased mandates, incentives

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...

CleanMax, Sangam India partner for 50 MW hybrid RE project in Rajasthan

Clean Max Enviro Energy Solutions Limited has entered into a strategic partnership with Sangam India...

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

GAIL (India) Limited has announced a capital outlay of Rs 3,800 crore to develop 700 MW of solar...

Diamond Power wins Rs 45.47 crore cable order from Adani Electricity Mumbai

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...