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REC appoints Rajesh Kumar Agarwal as PFC nominee director

REC Limited has appointed Shri Rajesh Kumar Agarwal, Director (Finance) at Power Finance Corporation Limited (PFC), as PFC’s Nominee Director on its Board with effect from May 1, 2026. The appointment was approved by the Ministry of Power, Government...

Waaree Renewable to acquire 55% stake in APSPL for Rs 1,225 crore

Waaree Renewable Technologies Limited (WRTL) has signed definitive agreements to acquire a 55% stake in Associated Power Structures Private Limited (APSPL), formerly known as Associated Power Structures Limited, in a transaction valued at Rs 1,225...

Adani Green incorporates two renewable energy subsidiaries

Adani Green Energy Limited has incorporated two new step-down subsidiaries, ARE64L Step-One Renewable Energy Limited and ARE64L Step-Two Renewable Energy Limited, on May 7, 2026. The newly formed companies are wholly-owned subsidiaries of Adani...

PFCCL issues RFP for Satara pumped storage transmission scheme

PFC Consulting Limited (PFCCL) has floated a Request for Proposal (RFP) for the selection of a Transmission Service Provider (TSP) to develop the “Network Expansion Scheme in Western Region to cater to pumped storage potential near Satara (up to 4500...

CERC proposes capacity market framework to ensure resource adequacy

The Central Electricity Regulatory Commission (CERC) has released a staff paper proposing a capacity market framework for India’s electricity sector, aimed at ensuring resource adequacy, improving availability during system stress, and shifting...

CERC proposes shorter 50-minute timeline for real-time power market

The Central Electricity Regulatory Commission (CERC) has issued a discussion paper proposing to reduce the scheduling timeline in India’s real-time electricity market (RTM) from 75 minutes to 50 minutes. The change is intended to improve...

UP approves higher compensation for land under transmission towers

The Uttar Pradesh cabinet has approved a proposal to provide double compensation to farmers for land occupied by high-tension power transmission towers, raising payouts for land affected by 765 kV, 400 kV, 220 kV and 132 kV lines across agricultural...

CERC proposes one-time exit for stranded RE transmission connectivity

The Central Electricity Regulatory Commission (CERC) has issued a draft order proposing a one-time mechanism to address inter-state transmission system connectivity granted to renewable energy projects that have not signed power purchase agreements...

Rajasthan issues SOP for BESS first-time charging under RE policy

Rajasthan has introduced a Standard Operating Procedure (SOP) for the First Time Charging (FTC) of Battery Energy Storage Systems (BESS) integrated with renewable energy (RE) projects under the Rajasthan Integrated Clean Energy Policy 2024. The...

Waaree Energies signs PPA with SECI for 300 MW wind project

Waaree Energies Limited has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited (SECI) through its wholly-owned step-down subsidiary, Waaree Forever Energies Four Private Limited, for a 300 MW wind power project in...

GK Energy secures Rs 354 crore solar pump order from MSEDCL

GK Energy Limited has received a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the supply and installation of 15,000 off-grid DC solar photovoltaic water pumping systems. The project, valued at...

SPML Infra wins Rs 1,128 crore NTPC battery storage project in Bihar

SPML Infra Limited has secured a Rs 1,128 crore contract from NTPC Limited to develop a 1 GWh Battery Energy Storage System (BESS) at the Barauni Thermal Power Station in Bihar. The award marks the company’s entry into large-scale grid-connected...

Andhra Pradesh clears DDL framework for Google data centre

The Andhra Pradesh government has cleared a power distribution licence for the upcoming Google data centre in Visakhapatnam under a new deemed distribution licence (DDL) policy. The Energy Department has issued an order enabling DDL for strategic...

CG Power posts strong Q4 and record FY26 performance

CG Power and Industrial Solutions Limited reported strong growth in the quarter ended March 31, 2026, alongside record financial performance for the full fiscal year, supported by steady order inflows and operational execution. For Q4 FY26...

KPI Green Energy reports strong FY26 growth on capacity expansion

KPI Green Energy Limited has reported strong financial performance for the quarter and fiscal year ended March 31, 2026, supported by capacity additions and execution across its renewable energy portfolio. The company released its investor...

Oswal Pumps secures Rs 162 crore solar pump order from MSEDCL

Oswal Pumps Limited has received a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the supply and installation of off-grid solar photovoltaic water pumping systems. The project, valued at about Rs...

UP shifts smart meters from prepaid to postpaid mode

The Uttar Pradesh government has discontinued the prepaid mode of smart electricity meters and directed that all such devices operate in postpaid mode, following consumer complaints over technical issues. The move affects around 8.3 million prepaid...

ACME Solar commissions 8 MW wind project in Gujarat

ACME Solar Holdings Limited has commissioned an 8 MW wind power project in Gujarat through its subsidiary, ACME Eco Clean Energy Private Limited. The project received the Certificate of Commissioning from Gujarat Energy Development Agency (GEDA) on...

NHPC declares CoD of 250 MW Unit 4 at Subansiri Lower project

NHPC Limited has declared the Commercial Operation Date (CoD) of Unit 4 (250 MW) of the Subansiri Lower Hydroelectric Project (SLHEP) with effect from 00:00 hours on May 8, 2026. The project, located across Assam and Arunachal Pradesh, has a total...

Coal India commissions 100 MW solar plant in Gujarat

Coal India Limited (CIL) has commissioned a 100 MW solar power plant in Gujarat, marking a step in its expansion into renewable energy. The company received the commissioning certificate from the Gujarat Energy Development Agency (GEDA) on May 4...

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

NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited...

Power Sector News Roundup for July 3, 2026

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Quality Power Electrical Equipments Limited has announced that its material step-down subsidiary...

Tata Power Renewable commissions 100.8 MW Jewali wind project in Maharashtra

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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)...