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GERC clears GUVNL’s 500 MW FDRE procurement bid

The Gujarat Electricity Regulatory Commission (GERC) has approved Gujarat Urja Vikas Nigam Limited’s (GUVNL) petition for procurement of 500 MW of Firm and Dispatchable Renewable Energy (FDRE) integrated with Energy Storage Systems (ESS), along with...

BERC clears 300 MW hybrid RE procurement with BESS

The Bihar Electricity Regulatory Commission (BERC) has approved the long-term procurement of 300 MW of Wind-Solar Hybrid Power integrated with a Battery Energy Storage System (BESS), citing the project’s role in addressing Bihar’s growing Renewable...

Bondada Engineering wins Rs 816 crore NTPC Green solar EPC order

Bondada Engineering Limited has received a Notification of Award from NTPC Green Energy Limited for Balance of System works for a 600 MW solar photovoltaic (PV) project at Fatehgarh, Rajasthan. The contract, valued at around Rs 816.01 crore, will be...

Tata Power, DGPC expand Bhutan hydropower partnership to 5,033 MW

The Tata Power Company Limited and Druk Green Power Corporation Limited have expanded their clean energy partnership by signing an amendment to their Memorandum of Understanding (MoU) to include the 404 MW Nyera Amari I and II Integrated Hydropower...

Atlanta Electricals reports 70% rise in FY26 profit

Atlanta Electricals Limited has reported strong financial performance for the quarter and financial year ended March 31, 2026, supported by revenue growth, margin expansion, and a debt-free balance sheet. The company’s consolidated revenue from...

PFC and REC subsidiaries incorporate SPVs for transmission projects

PFC Consulting Limited (PFCCL), a wholly owned subsidiary of state-owned Power Finance Corporation Limited, and REC Limited have incorporated new special purpose vehicles (SPVs) for transmission projects in Maharashtra, Rajasthan, and Gujarat. The...

ACME Solar incorporates four subsidiaries for renewable energy business

ACME Solar Holdings Limited has incorporated four wholly owned subsidiaries to expand its renewable energy business. The companies, ACME Greentech Twenty Private Limited, ACME Greentech Twenty Two Private Limited, ACME Greentech Twenty Three Private...

Jharkhand proposes new state grid code with ESS, cyber security norms

The Jharkhand State Electricity Regulatory Commission (JSERC) has released the draft Jharkhand State Electricity Regulatory Commission (State Grid Code) Regulations, 2026, proposing a comprehensive operational framework for planning, operation...

MNRE issues solar module warranty SOP for PM Surya Ghar, PM KUSUM

The Ministry of New and Renewable Energy (MNRE) has released a Standard Operating Procedure (SOP) for warranty management and claims settlement of solar photovoltaic (PV) modules installed under its distributed renewable energy programmes, including...

India issues fast-track SOP for FDI approvals in energy manufacturing

The Department for Promotion of Industry and Internal Trade (DPIIT) has introduced a new Standard Operating Procedure (SOP) to accelerate approvals for Foreign Direct Investment (FDI) proposals requiring government clearance, with several energy...

Vikram Solar posts record FY26 revenue, approves Rs 3,726 crore capex

Vikram Solar Limited reported its strongest-ever financial performance in FY26, driven by higher module production, a growing order book, and improved profitability. The company posted consolidated revenue of Rs 4,802 crore for the fiscal year...

ACME Solar reports 59% rise in FY26 revenue, PAT doubles

ACME Solar Holdings Limited reported a 59% year-on-year increase in consolidated revenue for FY26, supported by capacity additions, higher generation, and strong operating performance. Total consolidated revenue for the fiscal year rose to Rs 2,507...

Shakti Pumps posts record FY26 revenue on solar pump demand

Shakti Pumps (India) Limited reported its highest-ever quarterly and annual financial performance for the period ending March 31, 2026, supported by strong growth in solar pump deployments and improved cash flow management. The company recorded...

Ampyr commissions 67.5 MWp Somasamudra solar project in Karnataka

Climate Fund Managers and Ampyr Energy have announced the commissioning of the Somasamudra Phase 1 solar photovoltaic (PV) plant in Karnataka, marking the fourth project delivered under the Ampyr Renewable Energy platform in India. Located in Ballari...

India, EU launch €15.2 million EV battery recycling call

India and the European Union (EU) have expanded their clean energy collaboration with the launch of a joint funding call focused on electric vehicle (EV) battery recycling technologies. Announced on May 5, 2026, the third coordinated call under the...

EAC clears over 5,100 MW hydro, pumped storage projects

The Expert Appraisal Committee (EAC) for River Valley and Hydroelectric Projects has granted or recommended Terms of Reference (ToR) for four hydroelectric and pumped storage projects across Maharashtra, Bihar, and Arunachal Pradesh during its 53rd...

PFC incorporates SPV for Fatehgarh-II synchronous condenser project

Power Finance Corporation Limited (PFC) has announced the incorporation of Fatehgarh II Transmission Limited as a wholly owned subsidiary of PFC Consulting Limited (PFCCL), which is itself a wholly owned subsidiary of PFC. The special purpose vehicle...

Pace Digitek wins 250 MW BESS project from DVC in Jharkhand

Pace Digitek Limited has received a Letter of Award from Damodar Valley Corporation (DVC) for a 250 MW / 500 MWh Battery Energy Storage System (BESS) project at Maithon in Jharkhand. The total contract value is Rs 7,019.54 million, including Goods...

Apple, CleanMax to invest Rs 100 crore in C&I renewable energy

Apple Inc. and CleanMax Enviro Energy Solutions Limited have announced a strategic co-investment of around Rs 100 crore to support the expansion of renewable energy projects for India’s commercial and industrial (C&I) sector. The move builds on...

Ceigall India FY26 revenue rises 17% to Rs 40,224 million

Ceigall India Limited has reported consolidated revenue of Rs 40,224 million for FY26, registering a 17.1% year-on-year increase. The company’s order book stood at Rs 185,543 million as of March 31, 2026, supported by fresh order inflows worth Rs...

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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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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)...