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ACEN India secures Rs 7,517 million financing for 100 MW wind project

ACEN India has achieved financial closure for its 100 MW wind power project in Bijapur, securing long-term project financing of Rs 7,517 million (approximately $90 million) from Mitsubishi UFJ Financial Group and Sumitomo Mitsui Banking Corporation...

CIL approves IPO plans for SECL and MCL, up to 25% stake sale

Coal India Limited (CIL) has approved in-principle plans to list two of its subsidiaries, South Eastern Coalfields Limited (SECL) and Mahanadi Coalfields Limited (MCL), on domestic stock exchanges, with divestment of up to 25% equity in each through...

Purvah Green awards Rs 298 crore EPC contracts for Andhra wind project

Purvah Green Power Private Limited, a subsidiary of CESC Limited, has awarded EPC (Engineering, Procurement and Construction) contracts worth nearly Rs 298 crore for a 300.3 MW wind project in Andhra Pradesh.   EPC awards and project scope The...

Acme Solar commissions 155 MW BESS capacity in Rajasthan

Acme Solar Holdings Ltd has commissioned an additional 155 MW / 470.25 MWh of battery energy storage system (BESS) capacity in Rajasthan, taking its total commissioned BESS capacity to 297.67 MW / 951.74 MWh, the company said in a regulatory filing...

Waaree Energies approves Rs 3,900 crore glass capex, ups Transpower stake

Waaree Energies has approved two capital allocation decisions that extend its manufacturing presence into solar glass and power transformers. The larger is a Rs 3,900 crore outlay to build a glass manufacturing plant under its wholly owned...

NTPC Green signs MoU with Nxtra for round-the-clock renewable power

NTPC Green Energy Ltd has signed a memorandum of understanding (MoU) with Nxtra Data Ltd to develop renewable energy projects for supplying round-the-clock power to Nxtra’s data centres across India. The agreement was signed at NTPC Bhawan in New...

Sanathan Textiles arm to acquire 26% stake in Serentica unit

Sanathan Textiles Limited has announced that its wholly owned subsidiary, Sanathan Polycot Private Limited (SPPL), will acquire a 26% stake in Serentica Renewables India 33 Private Limited for a total consideration of Rs 48 crore. The investment will...

India records 212,522 MW peak evening demand in February 2026

India’s national grid recorded a peak evening demand of 212,522 MW in February 2026, while the Western Region reached a new all-time high of 73,037 MW on February 14, according to the monthly operational report released by Grid Controller of India...

UP Cabinet clears coal funding and floating solar project

The Uttar Pradesh Cabinet, chaired by Chief Minister Yogi Adityanath, approved 35 proposals last week. These include a 20 MW floating solar plant in Gorakhpur and Rs 2,242.90 crore for coal mine development linked to the Ghatampur Thermal Power...

Maharashtra approves Rs 39 crore equity for Koradi expansion

The Maharashtra government has approved the release of Rs 39.20 crore as its latest equity contribution toward the 2×660 MW supercritical thermal expansion at Koradi Thermal Power Station in Nagpur. The project is being executed by Maharashtra State...

Delhi Budget 2026-27: Solar, EV charging and underground cabling drive Rs 3,942 crore power outlay

Delhi Chief Minister and Finance Minister Rekha Gupta has allocated Rs 3,942 crore to the Power Department in the Rs 1,03,700 crore Budget for 2026-27, presented on March 24, 2026. The budget positions itself as Delhi’s first Green Budget, with...

Tata Power executes supplementary PPA for Mundra plant

Tata Power has formally executed a Supplementary Power Purchase Agreement (SPPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) for its 4 GW Mundra thermal power plant, filing a disclosure with BSE and NSE this morning under Regulation 30 of the SEBI...

Kalpataru Projects secures Rs 4,439 crore in fresh T&D orders

Kalpataru Projects International Limited (KPIL) has received new orders worth approximately Rs 4,439 crore across its transmission and distribution (T&D) business, the company disclosed in a regulatory filing to stock exchanges today. The orders...

Suzlon wins sixth repeat order of 100 MW from GAIL

Suzlon Energy Limited has secured an approximately 100 megawatt (MW) wind energy order from Gas Authority of India Limited (GAIL), its sixth such order from the public sector undertaking (PSU) and its fourth PSU order in the current financial year...

KPI Green Energy energises 965 MWp of its 2.17 GWp IPP portfolio

KPI Green Energy Limited has energised an additional 376 megawatt-peak (MWp) of capacity across two Gujarat projects, taking its total operational Independent Power Producer (IPP) portfolio to 965 MWp, the company disclosed in a regulatory filing to...

Tata Power Renewables wins 7.67 MWp rooftop solar project for Pune Metro

Tata Power Renewable Energy Limited (TPREL) has received a Letter of Award (LOA) from Pune IT City Metro Rail Ltd (PITCMRL) for a 7.67 MWp rooftop solar engineering, procurement, and construction (EPC) project for captive consumption. The project...

ACME Solar commissions BESS phases in Bikaner and Jaisalmer

ACME Solar Holdings Limited (ASHL) has commissioned new phases of its Battery Energy Storage System (BESS) projects at two locations in Rajasthan, with both achieving commercial operation date (COD) on March 25, 2026. At Bikaner, ASHL commissioned...

Power Grid raises FY26 capex to Rs 35,000 crore, exceeds target

Power Grid Corporation of India (PGCIL) has increased its capital expenditure (capex) guidance for FY26 to Rs 35,000 crore and has already surpassed the target, reporting actual capex of Rs 35,540 crore as of March 22, 2026, or about 102% of the...

TDK plans Rs 4,000 crore BESS manufacturing investment in Haryana

Japanese electronics and energy components manufacturer TDK Corporation has expressed intent to invest about Rs 4,000 crore in Haryana to set up a Battery Energy Storage System (BESS) manufacturing unit, according to a state government statement...

Adani Green commissions 510 MW renewable capacity in Gujarat

Adani Green Energy Limited (AGEL) has operationalised 510.1 MW of renewable energy capacity in Khawda, Gujarat, the company informed stock exchanges on March 24, 2026. The commissioned capacity includes solar, wind, and hybrid projects developed...

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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...