News Subsections

NCT clears Rs 839.55 crore transmission scheme for Sunni and Luhri HEPs

The National Committee on Transmission (NCT) has recommended implementation of the transmission system for evacuation of power from Sunni Dam Hydroelectric Project (HEP) (382 MW) and Luhri Stage-I HEP (210 MW) through the tariff-based competitive...

Crisil flags curtailment risk for 35 GW renewable capacity

Over 35 GW of renewable energy capacity in India faces a high risk of grid curtailment in the upcoming fiscal year, according to an analysis by Crisil Ratings. The issue stems from a mismatch between rapid additions in solar and wind capacity and...

Solarium commissions 1 GW solar module plant in Gujarat

Solarium Green Energy Limited has commissioned a 1 GW solar module manufacturing facility in Ahmedabad, Gujarat. The company confirmed in a regulatory filing dated March 18, 2026 that the plant, located at Survey No. 508/1 & 508/2 in Village...

Waaree signs principal partnership with Rajasthan Royals

Waaree Energies Limited has entered into a partnership with Rajasthan Royals as the Main Principal Partner for the ongoing T20 season. The company’s logo will appear on the front of the team’s matchday jersey and training kits. The development was...

APAR approves US capital infusion and Gujarat RE investment

APAR Industries Limited has approved two investment proposals at its board meeting held on March 18, 2026, covering capital infusion into its United States subsidiary and expansion of captive renewable capacity in Gujarat through an associate entity...

NTPC Green commissions 165 MW at Khavda-II solar project

NTPC Green Energy Limited has declared commercial operation of a 165 MW capacity at the Khavda-II Solar Photovoltaic (PV) Project in Gujarat, effective March 19, 2026. The update was disclosed in a regulatory filing dated March 18, 2026. Project...

Websol raises Rs 48 crore via promoter warrant conversion

Websol Energy System Limited has completed a promoter-led capital raise of Rs 48.09 crore through the conversion of previously issued warrants into equity shares. The allotment was approved at a board meeting held on March 13, 2026. The shares were...

Sunsure Energy raises Rs 606 crore debt, adds RBL Bank as lender

Sunsure Energy has secured Rs 606.22 crore in debt financing for solar projects across Maharashtra and Uttar Pradesh, with RBL Bank entering as a new lender alongside existing financier Aseem Infrastructure Finance Limited. RBL Bank has extended Rs...

CleanMax reports 33% EBITDA growth, crosses 3 GW capacity

CleanMax Enviro Energy Solutions Limited reported consolidated earnings before interest, tax, depreciation and amortisation (EBITDA) of Rs 945 crore for the first nine months of FY26, a 33% increase from Rs 709 crore in the same period last year. The...

Reliance signs USD 3 billion green ammonia supply deal with Samsung C&T

Reliance Industries Limited (RIL) has signed a binding 15-year agreement with Samsung C&T Corporation for the export of green ammonia, with deliveries set to begin in the second half of FY2029. The contract, valued at over USD 3 billion, is among...

ANDRITZ wins Tata Power order for 1,000 MW Bhivpuri PSP

ANDRITZ has secured a contract from Tata Power to supply generating units for the 1,000 MW Bhivpuri pumped storage project (PSP) in Maharashtra. The order, valued in the low three-digit million euro range, will be booked in ANDRITZ’s first quarter...

ReNew’s C&I arm raises USD 95 million equity

ReNew Green Energy Solutions, the commercial and industrial (C&I) clean energy arm of ReNew Energy Global, has raised USD 95 million in an equity funding round. The transaction was led by LeapFrog Investments with a USD 50 million commitment...

EU-backed fund invests USD 32.2 million in UP biogas project

Climate Fund Managers has committed USD 32.2 million in construction equity from its Climate Investor Two fund, supported by the European Union, to Akaia Green Fuels for a compressed biogas project in Uttar Pradesh. The investment marks a scale-up...

MNRE extends ALMM framework to include solar wafers

The Ministry of New & Renewable Energy (MNRE) has amended the Approved Models and Manufacturers (ALMM) Order to expand domestic sourcing requirements to silicon wafers. The amendment introduces a new compliance layer under ALMM, aimed at...

KPI Green secures Rs 979 crore debt for 150 MW Gujarat wind project

KPI Green Energy Limited has secured Rs 979 crore in debt financing from Canara Bank for a 150 MW wind power project in Gujarat, to be developed under the Independent Power Producer (IPP) model. The facility includes a Rs 931 crore term loan and a Rs...

NHPC commissions 250 MW unit at Subansiri Lower project

NHPC Limited has declared commercial operation date (CoD) of Unit 1 (250 MW) of the Subansiri Lower Hydroelectric Project, effective 00:00 hours on March 20, 2026. With this, three units of 250 MW each, totalling 750 MW, are now operational. The...

Kalpataru secures Rs 2,471 crore orders, FY26 total crosses Rs 22,000 crore

Kalpataru Projects International Limited (KPIL) has secured new orders worth approximately Rs 2,471 crore across power transmission and distribution in domestic and overseas markets, an underground metro rail project through a joint venture, and...

Adani Power appoints Puneet Bansal as company secretary

Adani Power Limited has informed the BSE and NSE that Puneet Bansal will take over as Company Secretary and Compliance Officer from April 1, 2026, succeeding Deepak S Pandya, who will retire at the close of business on March 31, 2026. Pandya joined...

PFC approves Rs 1.6 lakh crore borrowing plan, closes GIPCL

Power Finance Corporation Limited (PFC) has approved a borrowing programme of up to Rs 1,60,000 crore for FY2026-27 at its board meeting held on March 17, 2026. The board also approved closure of an 18-year-old project subsidiary that did not...

ACME Solar commissions 84 MW of Gujarat wind project

ACME Eco Clean Energy Private Limited, a subsidiary of ACME Solar Holdings, has commissioned an additional 8 MW at its 100 MW wind power project in Titoda village, Surendranagar district, Gujarat. This takes the total commissioned capacity to 84 MW...

Monthly Magazine

Subscribe To Our Newsletter

Loading

Recent Posts

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...