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Azad Engineering signs turbine components supply deal with MHI

Azad Engineering Limited has signed an eight-year long-term contract and price agreement with Mitsubishi Heavy Industries Limited, Japan, to act as a single source supplier of highly engineered hot-section nozzle vane segments for gas turbine...

JSW Energy completes Rs 700 crore acquisition of rail logistics arm

JSW Energy Limited has completed the acquisition of Raigarh Champa Rail Infrastructure Private Limited, making it a wholly-owned subsidiary. The transaction follows the implementation of a resolution plan approved by the National Company Law Tribunal...

Oriana Power wins 32 MW solar EPC orders with 20 MWh storage

Oriana Power Private Limited has secured three engineering, procurement and construction (EPC) contracts for ground-mounted solar projects totalling 32 MW, coupled with 20 MWh of battery energy storage in Jodhpur, Rajasthan. The orders were received...

India commissions first NGHM green hydrogen plant at JSW Vijayanagar

India has reached a concrete milestone in its green hydrogen push: the country’s first green hydrogen production facility under the National Green Hydrogen Mission (NGHM) is now operational, ahead of schedule. The plant, developed by JSW...

LG Electronics India signs 25-year solar PPAs for 20.8 MWp capacity

LG Electronics India has locked in long-term renewable energy supply for two of its manufacturing facilities, signing 25-year solar power purchase agreements with Hinduja Renewables and Sunsure Energy, totalling 20.8 MWp of contracted capacity. Under...

Metafin secures $10 million debt to expand rural solar access

Solar financing startup Metafin has closed a $10 million structured debt facility, with the capital earmarked for expanding solar energy access in rural India. The funding comes from Lendable’s Transportation and Energy Fund. Focus on diesel...

ReNew to sell 100 MW Tamil Nadu solar asset for $49 million

ReNew Energy Global Plc has agreed to divest its sole commissioned project in Tamil Nadu, a 100 MW/117.5 MWp solar facility, to the Technique Solaire Group at an enterprise value of $49 million, as per a filing with the US Securities and Exchange...

UPNEDA blacklists rooftop solar vendor under PM Surya Ghar scheme

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has blacklisted a Prayagraj-based rooftop solar vendor empanelled under the PM Surya Ghar Muft Bijli Yojana, signalling tighter enforcement of the flagship solar scheme in the...

Tata Power completes SEUPPTCL transmission project in Uttar Pradesh

Tata Power has commissioned the final two transmission lines under the South East UP Power Transmission Company Limited (SEUPPTCL) project, completing the entire extra high voltage network across Uttar Pradesh. The two lines commissioned are the 400...

REC approves Rs 1.6 lakh crore borrowing plan for FY27

The board of REC Limited has approved a market borrowing programme of up to Rs 1.6 lakh crore for the financial year 2026-27 (FY27), the company said in a stock exchange filing. The programme includes long-term bonds and non-convertible debentures...

Accord Transformer signs MoU with Moscow district for energy collaboration

Accord Transformer & Switchgear Limited (ATS) has entered into a memorandum of understanding (MoU) with the Western Administrative District of the City of Moscow to explore cooperation in energy infrastructure and industrial development. The...

Ceigall India signs PPAs for 337 MW solar projects in Maharashtra

Ceigall India Limited has executed power purchase agreements (PPAs) with Maharashtra State Electricity Distribution Company Limited (MSEDCL) for a total solar capacity of 337 MW under the Mukhyamantri Saur Krushi Vahini Yojana 2.0. The agreements...

Adani group entities raise stake in AESL via market purchases

Three entities of the Adani group have acquired equity shares in Adani Energy Solutions Limited (AESL) through open market transactions, as per a disclosure to stock exchanges. Adani Infra (India) Limited acquired 1.18 crore equity shares...

WBSEDCL cancels 250 MW BESS tender, withdraws award to PM Green

West Bengal State Electricity Distribution Company Limited (WBSEDCL) has annulled the tender for a 250 MW standalone battery energy storage system (BESS) at Goaltore and withdrawn the letter of award issued to PM Green Private Limited, a wholly owned...

Saatvik Solar leases 185 acres in Madhya Pradesh for manufacturing

Saatvik Solar Industries Private Limited, a material subsidiary of Saatvik Green Energy Limited, has executed a lease deed with MP Industrial Development Corporation Limited for 185 acres of land in Madhya Pradesh, the company said in a regulatory...

GRE Renew Enertech secures Rs 12.95 crore EPC solar project order

GRE Renew Enertech Limited has secured an engineering, procurement and construction (EPC) contract from Ajita Sil-Chem Private Limited for setting up a captive solar power project, the company said in a regulatory filing. The project involves the...

NHPC approves Rs 8,000 crore borrowing plan for FY27

The board of NHPC Ltd has approved a plan to raise up to Rs 8,000 crore during the financial year 2026-27 (FY27). The funds will be mobilised through secured or unsecured non-convertible corporate bonds via private placement, along with term loans or...

CIL backs 875 MW solar project with Rs 3,160 crore guarantee

Coal India Limited (CIL) has approved a corporate guarantee of up to Rs 3,160 crore for CIL Rajasthan Akshay Urja Limited (CRAUL), supporting debt financing for an 875 MW solar PV project in Rajasthan. The approval was granted at the company’s board...

Sterlite Electric appoints Frederic Trefois as group CEO

Sterlite Electric Limited has appointed Frederic Andre M Trefois as its group chief executive officer, the company said in an announcement. Trefois earlier served as a non-executive independent director on the company’s board. He brings experience in...

Powerica raises Rs 329 crore from anchor investors ahead of IPO

Mumbai-based diesel generator and power solutions manufacturer Powerica has raised Rs 329.4 crore from 17 anchor investors ahead of its public issue, which opened on March 24. The company allotted 83.39 lakh shares at the upper end of its price band...

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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...