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MNRE designates SECI as sole intermediary for new RE bids

The Ministry of New and Renewable Energy (MNRE) has directed that only the Solar Energy Corporation of India will act as the renewable energy implementing agency (REIA) for issuing new procurement bids as an intermediary procurer. Other agencies will...

Solar plus storage can meet 90% of India’s demand at Rs 5.06/kWh: Ember

Solar power combined with battery storage can supply up to 90% of India’s electricity demand at a levelised cost of Rs 5.06 per kWh, according to a new analysis by Ember published on April 7, 2026. The study finds the model to be economically viable...

Debt markets reshape India’s energy transition: IEEFA report

India’s energy transition is being increasingly driven by debt markets, with renewable energy platforms showing stronger margins and wider access to capital than thermal peers, even as rising leverage places near-term pressure on credit metrics. This...

CCI clears Torrent Power’s acquisition of Nabha Power

The Competition Commission of India has approved the proposed acquisition of 100% equity shares and non-cumulative optionally convertible redeemable preference shares in Nabha Power Limited by Torrent Power Limited. The transaction involves Torrent...

REC appoints Rajiv Ranjan Jha as PFC nominee director

REC Limited has appointed Rajiv Ranjan Jha as the Nominee Director of Power Finance Corporation Limited (PFC) on its Board, with effect from April 6, 2026. The appointment follows an order issued by the Ministry of Power. The approval has been...

CleanMax commissions 185 MW hybrid project in Gujarat

Clean Max Enviro Energy Solutions Limited has commissioned a 185 MW wind-solar hybrid renewable energy project in Kalavad, Gujarat, taking its total operational capacity in the state to around 844 MW as of March 31, 2026. The project is expected to...

MNRE eases rooftop solar submission rules under PM Surya Ghar scheme

The Ministry of New and Renewable Energy (MNRE) has enabled residential consumers to submit rooftop solar installations on the national portal for PM Surya Ghar: Muft Bijli Yojana (PMSG:MBY) without a Domestic Content Requirement (DCR) certificate if...

MoP allows insurance surety bonds in power procurement

The Ministry of Power (MoP) has directed all states, union territories, and power utilities to accept Insurance Surety Bonds (ISBs) as an alternative to bank guarantees for bid security and performance security. The directive takes effect from April...

India’s PFBR at Kalpakkam achieves criticality, advancing second stage of nuclear programme

India’s indigenously designed and built Prototype Fast Breeder Reactor (PFBR) at Kalpakkam in Tamil Nadu has attained criticality at 8:25 pm on April 6, 2026, following clearance from the Atomic Energy Regulatory Board (AERB) after safety review...

India adds record 6.05 GW wind capacity in FY 2025-26

India added 6.05 GW of wind power capacity in FY 2025-26, marking the highest annual addition on record and surpassing the previous peak of 5.5 GW in FY 2016-17. The increase represents a 46% rise over FY 2024-25. With this addition, the country’s...

NPCIL IPO likely in 2026 as budget support is cut sharply

The Initial Public Offering (IPO) of Nuclear Power Corporation of India Limited (NPCIL) is expected to materialise this year after remaining in the pipeline for over 15 years. The Department of Atomic Energy (DAE) informed a Parliamentary Standing...

Andhra Pradesh clears land for two 1,000 MW solar parks

The Andhra Pradesh government has approved the allocation of government land for two ultra-mega solar parks in YSR Kadapa and Kurnool districts, each with a planned capacity of 1,000 MW. The decision was taken at a recent cabinet meeting as part of...

Feston SEV plans 3 GWh BESS capacity, enters storage segment

Feston SEV Private Limited, the solar inverter and power electronics arm of FestGroup, has entered the Battery Energy Storage System (BESS) segment, expanding its portfolio to include solar generation, storage, and power electronics. The company has...

Premier Energies completes Transcon Ind acquisition, takes 51% stake

Premier Energies Limited has completed the second and final tranche of its equity acquisition in Transcon Ind Limited, resulting in the company becoming a subsidiary with effect from April 3, 2026. The development follows earlier disclosures made on...

Aroma Solar starts 1.2 GW TOPCon module plant in Haryana

Aroma Solar Energy, the renewable energy arm of Aroma Agrotech Private Limited, has commenced production at its solar module manufacturing facility in Karnal, Haryana, with an installed capacity of 1.2 GW. The plant is described as North India’s...

IRFC disburses Rs 1,000 crore loan to MAHAGENCO

Indian Railway Finance Corporation (IRFC), a Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Railways, has sanctioned and fully disbursed a Rs 1,000 crore term loan to Maharashtra State Power Generation Company Limited...

Indsil upgrades Garbham substation to 132 kV in Andhra Pradesh

Indsil Hydro Power and Manganese Limited has upgraded its power receiving substation at its Garbham unit in Vizianagaram district, Andhra Pradesh, from 33 kV to 132 kV. The upgrade is expected to reduce electricity tariff costs at the facility...

Waaree Energies starts 3,000 MW solar module plant in Gujarat

Waaree Energies Limited has commenced operations at a new solar module manufacturing facility in Samakhiali, Kutch, Gujarat, with a total annual capacity of 3,000 MW. The plant began production at 10:00 am on April 6, 2026, according to a regulatory...

ACME Solar commissions BESS capacity in Rajasthan

ACME Solar Holdings Limited has commissioned the fifth phase of two Battery Energy Storage System (BESS) projects in Rajasthan through its wholly owned subsidiaries, adding a combined 109.334 MW of storage capacity. Both phases have achieved...

DPIL secures Rs 163 crore cable orders from Adani group

Diamond Power Infrastructure Limited (DPIL) has received letters of intent (LOIs) from three Adani Group companies for the supply of power and control cables, with the combined contract value exceeding Rs 163 crore. The company disclosed these orders...

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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...