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Alpex Solar invests Rs 10 crore in subsidiary, scales capacity

Alpex Solar Limited has approved an equity infusion of up to Rs 10 crore in its wholly owned subsidiary, Alpex Green Energies Private Limited, to support expansion, working capital, and operations. The subsidiary provides engineering, procurement...

Q3 FY26 earnings: INOX India, Coal India, Hindalco, Insolation Energy, Solex

INOX India Ltd, Coal India Limited, Hindalco Industries Limited, Insolation Energy Ltd, and Solex Energy have reported their Q3 FY26 results. INOX India recorded revenue of Rs 436 crore in Q3 FY26, up 27.4% year on year (YoY). Adjusted earnings...

POWERGRID acquires Bellary Davanagere transmission SPV

Power Grid Corporation of India Limited (POWERGRID) has completed the acquisition of Bellary Davanagere Power Transmission Limited, a project-specific special purpose vehicle (SPV) formed for “Transmission system strengthening for integration of...

Rajesh Power forms transmission JV for East Central Railway

Rajesh Power Services Limited has signed a joint venture agreement with VITS Total Power Solutions Private Limited to bid for and execute a transmission project for East Central Railway. The joint venture will operate under the name RPSL-VITS JV...

Adani Power forms subsidiary for nuclear energy business

Adani Power Limited has incorporated Adani Atomic Energy Limited as a wholly owned subsidiary on February 11, 2026, marking its formal entry into the nuclear energy segment. Adani Atomic Energy has been registered in India with a mandate to generate...

Bondada Engineering signs MoU for green data centres

Bondada Engineering Limited has entered into a Memorandum of Understanding (MoU) with Dubai-based Bryanston Renewables FZCO to jointly develop green-powered data centres in India and select international markets. The agreement was formalised on...

Saatvik Cleantech to acquire 49% in Intelligent Hydel Solutions

Saatvik Green Energy Limited has informed the stock exchanges that its wholly owned subsidiary, Saatvik Cleantech EPC Private Limited, signed a Share Purchase Agreement on February 12, 2026, to acquire a 49% equity stake in Intelligent Hydel...

CleanMax raises Rs 15 billion in pre-IPO round led by Temasek, Bain

CleanMax Enviro Energy Solutions has raised Rs 15 billion in a pre-initial public offering (IPO) funding round led by Temasek Holdings and Bain Capital, ahead of its planned market debut expected later this month. The pre-IPO placement also saw...

Radiance Renewables raises $100 million equity from IFU and FMO

Radiance Renewables Private Limited has secured $100 million in equity investment from Impact Fund Denmark (IFU) and the Dutch entrepreneurial development bank FMO, with each institution committing $50 million. IFU’s investment has been made through...

SJVN posts higher Q3FY26 revenue and profit, declares interim dividend

SJVN Limited reported growth in consolidated revenue and net profit for the third quarter of financial year 2025-26, according to its financial results for the period ended December 31, 2025. Consolidated revenue from operations rose to Rs 1,081.97...

Jupiter International commissions 1 GW solar cell unit at Baddi

Jupiter International Ltd has commissioned a 1 GW mono-PERC solar cell manufacturing unit in Baddi, Himachal Pradesh, increasing its total installed solar cell capacity to approximately 2 GW. The new facility, set up by its wholly owned subsidiary...

Land constraints prompt redesign of Ananthapuram-III REZ transmission scheme

The National Committee on Transmission (NCT) has approved a revised transmission scheme for the Ananthapuram-III Renewable Energy Zone (REZ), reducing Phase-I capacity to 3 GW and replacing the proposed 765 kV Bidadi link with an alternative corridor...

POWERGRID wins Pune Region-I transmission expansion project

Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder for an intra-state transmission project in Maharashtra under the Tariff Based Competitive Bidding (TBCB) framework, the company informed exchanges today. The...

Bondada Engineering secures first major bank-funded term loan for BESS project

Bondada Engineering Limited has received sanction for a term loan from Canara Bank to finance the debt component of its Battery Energy Storage System (BESS) project with Tamil Nadu Green Energy Corporation Limited (TNGECL), the company announced in a...

PVV Infra expands clean energy project to Rs 1,250 crore

PVV Infra Limited has entered into a technology collaboration with ITC Services Company Limited, Taiwan, raising the value of its integrated clean energy manufacturing project in Andhra Pradesh to approximately Rs 1,250 crore. The company’s board...

SEPC wins Rs 314 crore smart metering order in Punjab

SEPC Ltd, formerly Shriram EPC Ltd, announced that it has secured an order worth Rs 313.96 crore for a smart metering project in Punjab’s Central Zone. The order has been received from Telecommunications Consultants India Ltd (TCIL) under the...

RAPP-7 achieves rated power operation of 700 MW

Nuclear Power Corporation of India Limited (NPCIL) announced that Unit 7 of the Rajasthan Atomic Power Project (RAPP-7) achieved its rated power operation of 700 MW for the first time on February 10, 2026, at 05:15 hours. The milestone marks a key...

Torrent Power signs 10-year LNG supply agreement with JERA

Torrent Power Limited has entered into a 10-year liquefied natural gas (LNG) Sale and Purchase Agreement with JERA to secure long-term fuel supply for its gas-based power operations. The agreement provides for supply of up to 0.27 million metric...

Pace Digitek wins 250 MW solar-storage project at Pavagada

Pace Digitek Limited announced on February 10, 2026 that it has received an award from Karnataka Renewable Energy Development Limited (KREDL) to develop an integrated solar and battery energy storage project at the Pavagada Solar Park in Karnataka...

NLC India posts record revenue and profit in April–December 2025

NLC India Limited reported its highest-ever revenue and profit for the nine-month period ended December 2025, supported by improved financial performance and progress across thermal power, mining, and renewable energy operations. On a standalone...

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Power Sector News Roundup for February 19, 2026

AdaniConneX incorporates Navi Mumbai Power Distribution subsidiary AdaniConneX Private Limited...

PFCCL issues RfP for synchronous condenser project at Fatehgarh-II

PFC Consulting Limited (PFCCL), acting as Bid Process Coordinator, has issued a Request for Proposal...

Russia ratifies loan amendments for Bangladesh Rooppur nuclear project

The Russian State Duma has ratified amendments to four intergovernmental loan agreements with...

Power Mech wins EPC orders for Adani thermal projects

Power Mech Projects Limited has informed stock exchanges that it has secured large-scale contracts...

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Pace Digitek Limited has informed stock exchanges that its material subsidiary, Lineage Power...

GEAPP launches India grid accelerator with $25 million commitment

The Global Energy Alliance for People and Planet (GEAPP) has launched the India Grids of the Future...

CleanMax sets Rs 1,000–1,053 IPO price band; issue opens February 23

CleanMax Enviro Energy has fixed a price band of Rs 1,000 to Rs 1,053 per share for its initial...

MIGA issues $197.67 million guarantee for SBI rooftop solar refinancing

The Multilateral Investment Guarantee Agency (MIGA), part of the World Bank Group (WBG), has issued...

Greenzo, Lord’s Mark sign MoU for 60 MW green hydrogen projects in UP

Indian clean-technology company Greenzo Energy has signed a strategic memorandum of understanding...

L&T, NVIDIA plan gigawatt-scale AI infrastructure venture in India

Larsen & Toubro (L&T) has proposed a venture with NVIDIA to build gigawatt-scale artificial...