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Jakson Green signs SECI pact for 85,000 tpa green ammonia supply

Jakson Green Ltd’s consortium partner Ocior Energy has signed a green ammonia supply agreement with Solar Energy Corporation of India Ltd, committing to supply 85,000 metric tonnes per annum (MTPA) of green ammonia. The consortium secured the...

Om Power Transmission plans Rs 150 crore IPO

Om Power Transmission, an engineering, procurement and construction (EPC) company in power transmission infrastructure, is seeking to raise Rs 150 crore through an initial public offering (IPO). The issue comprises 85.75 lakh equity shares, including...

Prostarm, Topband sign MoU to assemble BESS in India

Prostarm Info Systems Limited has signed a memorandum of understanding (MoU) with Shenzhen Topband Co. Ltd. to explore collaboration for manufacturing battery energy storage systems (BESS) in India under a semi-knocked down (SKD) model, according to...

MNRE designates SECI as sole intermediary for new RE bids

The Ministry of New and Renewable Energy (MNRE) has directed that only the Solar Energy Corporation of India will act as the renewable energy implementing agency (REIA) for issuing new procurement bids as an intermediary procurer. Other agencies will...

Solar plus storage can meet 90% of India’s demand at Rs 5.06/kWh: Ember

Solar power combined with battery storage can supply up to 90% of India’s electricity demand at a levelised cost of Rs 5.06 per kWh, according to a new analysis by Ember published on April 7, 2026. The study finds the model to be economically viable...

Debt markets reshape India’s energy transition: IEEFA report

India’s energy transition is being increasingly driven by debt markets, with renewable energy platforms showing stronger margins and wider access to capital than thermal peers, even as rising leverage places near-term pressure on credit metrics. This...

CCI clears Torrent Power’s acquisition of Nabha Power

The Competition Commission of India has approved the proposed acquisition of 100% equity shares and non-cumulative optionally convertible redeemable preference shares in Nabha Power Limited by Torrent Power Limited. The transaction involves Torrent...

REC appoints Rajiv Ranjan Jha as PFC nominee director

REC Limited has appointed Rajiv Ranjan Jha as the Nominee Director of Power Finance Corporation Limited (PFC) on its Board, with effect from April 6, 2026. The appointment follows an order issued by the Ministry of Power. The approval has been...

CleanMax commissions 185 MW hybrid project in Gujarat

Clean Max Enviro Energy Solutions Limited has commissioned a 185 MW wind-solar hybrid renewable energy project in Kalavad, Gujarat, taking its total operational capacity in the state to around 844 MW as of March 31, 2026. The project is expected to...

MNRE eases rooftop solar submission rules under PM Surya Ghar scheme

The Ministry of New and Renewable Energy (MNRE) has enabled residential consumers to submit rooftop solar installations on the national portal for PM Surya Ghar: Muft Bijli Yojana (PMSG:MBY) without a Domestic Content Requirement (DCR) certificate if...

MoP allows insurance surety bonds in power procurement

The Ministry of Power (MoP) has directed all states, union territories, and power utilities to accept Insurance Surety Bonds (ISBs) as an alternative to bank guarantees for bid security and performance security. The directive takes effect from April...

India’s PFBR at Kalpakkam achieves criticality, advancing second stage of nuclear programme

India’s indigenously designed and built Prototype Fast Breeder Reactor (PFBR) at Kalpakkam in Tamil Nadu has attained criticality at 8:25 pm on April 6, 2026, following clearance from the Atomic Energy Regulatory Board (AERB) after safety review...

India adds record 6.05 GW wind capacity in FY 2025-26

India added 6.05 GW of wind power capacity in FY 2025-26, marking the highest annual addition on record and surpassing the previous peak of 5.5 GW in FY 2016-17. The increase represents a 46% rise over FY 2024-25. With this addition, the country’s...

NPCIL IPO likely in 2026 as budget support is cut sharply

The Initial Public Offering (IPO) of Nuclear Power Corporation of India Limited (NPCIL) is expected to materialise this year after remaining in the pipeline for over 15 years. The Department of Atomic Energy (DAE) informed a Parliamentary Standing...

Andhra Pradesh clears land for two 1,000 MW solar parks

The Andhra Pradesh government has approved the allocation of government land for two ultra-mega solar parks in YSR Kadapa and Kurnool districts, each with a planned capacity of 1,000 MW. The decision was taken at a recent cabinet meeting as part of...

Feston SEV plans 3 GWh BESS capacity, enters storage segment

Feston SEV Private Limited, the solar inverter and power electronics arm of FestGroup, has entered the Battery Energy Storage System (BESS) segment, expanding its portfolio to include solar generation, storage, and power electronics. The company has...

Premier Energies completes Transcon Ind acquisition, takes 51% stake

Premier Energies Limited has completed the second and final tranche of its equity acquisition in Transcon Ind Limited, resulting in the company becoming a subsidiary with effect from April 3, 2026. The development follows earlier disclosures made on...

Aroma Solar starts 1.2 GW TOPCon module plant in Haryana

Aroma Solar Energy, the renewable energy arm of Aroma Agrotech Private Limited, has commenced production at its solar module manufacturing facility in Karnal, Haryana, with an installed capacity of 1.2 GW. The plant is described as North India’s...

IRFC disburses Rs 1,000 crore loan to MAHAGENCO

Indian Railway Finance Corporation (IRFC), a Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Railways, has sanctioned and fully disbursed a Rs 1,000 crore term loan to Maharashtra State Power Generation Company Limited...

Indsil upgrades Garbham substation to 132 kV in Andhra Pradesh

Indsil Hydro Power and Manganese Limited has upgraded its power receiving substation at its Garbham unit in Vizianagaram district, Andhra Pradesh, from 33 kV to 132 kV. The upgrade is expected to reduce electricity tariff costs at the facility...

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NTPC REL signs PPA with PTC India for 1,200 MW solar power

NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited...

Power Sector News Roundup for July 3, 2026

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Quality Power subsidiary wins FACTS order from Japan

Quality Power Electrical Equipments Limited has announced that its material step-down subsidiary...

Tata Power Renewable commissions 100.8 MW Jewali wind project in Maharashtra

Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, has...

Adani, Azure, ACME plants found non-compliant after grid disturbances

The Northern Regional Load Despatch Centre (NRLDC) has identified multiple renewable energy...

India lacks equipment for continuous radioactivity monitoring, Adani tells EAC

India does not currently have commercially available instruments for continuous monitoring of...

Why solar-plus-storage is key to India’s energy future

India’s energy sector is going through a major transformation, driven by the powerful...

STEAG Energy wins Rs 1,437 crore O&M contract from Vedanta

STEAG Energy Services (India) Private Limited, a wholly-owned step-down subsidiary of Bluspring...

ACME to supply 405 kTPA green ammonia to Japan’s IHI Corporation

ACME Cleantech Solutions Private Limited (ACME Group) has signed long-term offtake agreements with...

IEX Q1 electricity trade rises 16% to 37.5 BU amid higher power demand

Indian Energy Exchange (IEX) traded 37,534 MU (37.5 BU) of electricity during the first quarter (Q1)...