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UPPCL awards 375 MW BESS under VGF Tranche 2 auction

Uttar Pradesh Power Corporation Limited (UPPCL) has completed the e-reverse auction for its 375 MW / 1,500 MWh Battery Energy Storage System (BESS) tender under the Viability Gap Funding (VGF) Tranche 2 scheme. Three bidders have been selected to...

GRE Renew Enertech bags Rs 4.32 crore solar EPC order

GRE Renew Enertech Limited (formerly GRE Renew Enertech Private Limited) has received a domestic order worth Rs 4.32 crore (inclusive of taxes) for a ground-mounted solar captive power project. Souraj Energy Private Limited awarded the order on April...

Alfa Transformers wins Rs 3.79 crore TPCODL contract

Alfa Transformers Limited has secured a contract worth Rs 3.79 crore from TP Central Odisha Distribution Limited (TPCODL), a joint venture of Tata Power and the Government of Odisha. The order covers the supply of distribution transformers of various...

BHEL Q4 profit more than doubles; margins expand sharply

Bharat Heavy Electricals Limited (BHEL) reported a strong financial performance for the quarter and fiscal year ended March 31, 2026, with standalone net profit more than doubling year-on-year. The Board of Directors also recommended a final dividend...

Premier Energies arm to acquire 26% stake in Hexa Energy BH Five

Premier Energies Global Environment Private Limited, a wholly owned subsidiary of Premier Energies Limited, has approved a strategic acquisition to secure captive renewable energy. The board, in a meeting held on May 4, 2026, cleared a Share...

ACME commissions 33.3 MW BESS in Rajasthan

ACME Solar Holdings Limited has commissioned a 33.333 MW / 160.480 MWh Battery Energy Storage System (BESS) in Rajasthan. The project is located at Village Badi Sid in the Phalodi and Jodhpur districts. It achieved commissioning on May 4, 2026, with...

Deadline relief for contractors as Centre tags West Asia ‘war’

The Department of Expenditure has issued an Office Memorandum formally classifying the ongoing West Asia situation as a “war” event under the Force Majeure Clause. The move enables relief for contractors executing central government projects. The...

MNRE updates ALMM List-II with Renewsys addition, Waaree revisions

The Ministry of New and Renewable Energy (MNRE) has issued the seventh revision of the Approved List of Models and Manufacturers (ALMM) for Solar PV Cells (List-II), adding a new manufacturer and revising technical parameters for an existing...

Waaree outlines multi-segment expansion across solar, storage, and hydrogen

Waaree Energies Limited has detailed a broad expansion plan across manufacturing, grid equipment, energy storage, and green hydrogen in its investor presentation for Q4 and FY26. The roadmap positions the company to scale beyond solar modules into an...

MHI mandates localisation of EV truck electronics under PM E-DRIVE

The Ministry of Heavy Industries (MHI) has mandated domestic manufacturing of key electronic systems used in electric trucks, including battery management systems (BMS), DC-DC converters, and vehicle control units (VCUs), from September 1, 2026...

Maharashtra clears Rs 12,303 crore MAGESTIC clean energy programme

The Maharashtra government has approved a Rs 12,303 crore clean energy programme to expand renewable power, strengthen grid infrastructure, and improve long-term energy security. The decision was taken at a state cabinet meeting chaired by Chief...

Servotech Renewable reports FY26 growth led by EV chargers, solar

Servotech Renewable Power System Limited (formerly Servotech Power Systems Limited) reported its audited financial results for the fourth quarter and full year ended March 31, 2026, with growth supported by its renewable energy and EV charger...

Atlanta Electricals wins Rs 190 crore transformer order from RVPN

Atlanta Electricals Limited has secured an order worth approximately Rs 190 crores from Rajasthan Rajya Vidyut Prasaran Nigam Limited (RVPN), the state’s power transmission utility, for the supply of power transformers and associated fire protection...

HPL Electric & Power secures Rs 242 crore smart meter orders

HPL Electric & Power Limited has received work orders and notifications of award aggregating to Rs 242.24 crores (inclusive of tax) for the supply of smart meters. The orders have been placed by a set of existing customers, including GMR Triveni...

AMPIN commissions 45 MWp group captive solar project in Odisha

AMPIN Energy Transition has commissioned a 45 MWp solar project in Odisha, marking its second consecutive group captive commercial and industrial (C&I) open access installation under the Odisha Renewable Energy Policy 2022 (OREP-22). The project...

MoP phases local content norms for LCC-HVDC substations to 2035

The Ministry of Power (MoP) has revised Minimum Local Content (MLC) requirements for Line Commutated Converter (LCC)-type High Voltage Direct Current (HVDC) substations, replacing the earlier flat 60% mandate with a phased schedule extending to 2035...

KP Green Engineering secures Rs 508 crore multi-segment orders

KP Green Engineering Limited has secured multiple confirmed orders spanning several business segments, aggregating to Rs 507.94 crore, including taxes. The solar projects segment accounts for the largest share at Rs 237.10 crore, covering fixed tilt...

Shakti Pumps secures Rs 155 crore MSEDCL solar pump order

Shakti Pumps (India) Limited has received a letter of empanelment from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for supplying and installing off-grid solar photovoltaic water pumping systems across Maharashtra, with a total...

NCT weighs doubling reverse flow on Raigarh-Pugalur HVDC link

The National Committee on Transmission (NCT) is examining a proposal to double the reverse power flow capacity of the Raigarh-Pugalur High Voltage Direct Current (HVDC) link, aiming to strengthen the transfer of renewable energy from southern to...

PFC appoints Rajesh Kumar Agarwal as Director (Finance) and CFO

The Board of Directors of Power Finance Corporation Limited (PFC) has appointed Shri Rajesh Kumar Agarwal as Director (Finance) on its Board, effective April 23, 2026. He has also been designated as the Chief Financial Officer (CFO) from the same...

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Power Sector News Roundup for May 8, 2026

MNRE issues solar module warranty SOP for PM Surya Ghar, PM KUSUM The Ministry of New and Renewable...

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)...

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...

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...

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...

Shakti Pumps posts record FY26 revenue on solar pump demand

Shakti Pumps (India) Limited reported its highest-ever quarterly and annual financial performance...

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...

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...

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

The Expert Appraisal Committee (EAC) for River Valley and Hydroelectric Projects has granted or...

PFC incorporates SPV for Fatehgarh-II synchronous condenser project

Power Finance Corporation Limited (PFC) has announced the incorporation of Fatehgarh II Transmission...