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Tata Power Renewable approves Rs 6,500 crore PV ingot and wafer venture

Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, has approved entry into photovoltaic (PV) ingot and wafer manufacturing, marking a move into upstream solar production. The Board of Directors cleared a...

Om Power Transmission wins Rs 45 crore GETCO substation order

Om Power Transmission Limited has secured a Letter of Intent (LoI) from Gujarat Energy Transmission Corporation Limited (GETCO) for a turnkey substation project worth Rs 44.95 crore, inclusive of GST. The contract involves the supply, erection...

Solarworld Energy Solutions appoints four independent directors

Solarworld Energy Solutions Limited (formerly Solarworld Energy Solutions Private Limited) has appointed four Non-Executive Independent Directors to its Board, effective May 1, 2026. The decision was approved at a board meeting held on the same day...

Coal India wins 80 MW BESS project from GRIDCO in Odisha

Coal India Limited (CIL) has received a Letter of Award (LoA) from GRIDCO Limited for developing 80 MW (320 MWh) of Battery Energy Storage System (BESS) capacity in Odisha, marking its entry into grid-scale energy storage. The project involves...

PFCCL sets up five SPVs for REZ-linked transmission projects

PFC Consulting Limited (PFCCL), a wholly owned subsidiary of Power Finance Corporation Limited (PFC), has incorporated five Special Purpose Vehicles (SPVs) to undertake preparatory work for Independent Transmission Projects (ITPs) across multiple...

POWERGRID approves Rs 4,000 crore loan facility from SBI

The Board of Directors of Power Grid Corporation of India Limited (POWERGRID) has approved a proposal to raise funds through an unsecured rupee term loan or line of credit of up to Rs 4,000 crore from State Bank of India (SBI). The decision was taken...

NTPC declares 100 MW solar unit at Ramagundam operational

NTPC Limited has declared commercial operation of 100 MW from its solar photovoltaic project at Ramagundam in Telangana, effective 00:00 Hrs. on May 2, 2026. The commissioned capacity is part of a larger 176 MW solar PV project at the same location...

EIM launches 3 MW EV battery swapping station at Nhava Sheva port

Energy in Motion Limited (EIM), an associate of Ravindra Energy Limited, has commenced commercial operations at India’s largest battery swapping and charging station for heavy vehicles. The facility is located at the Nhava Sheva Freeport Container...

SWELECT commissions 5 MW solar plant for AAI in Tamil Nadu

SWELECT Energy Systems Limited has commissioned a 5 MW solar power plant in Tamil Nadu to supply renewable power to the Airports Authority of India (AAI). The ground-mounted solar photovoltaic facility is located across Perumpondi and Nedumpirai...

NCT sets standard timelines for ISTS project execution

The National Committee on Transmission (NCT) has approved a standardised implementation schedule for all future Inter-State Transmission System (ISTS) projects, aiming to improve execution certainty and align transmission readiness with renewable...

Waaree Energies FY26 profit doubles; plans Rs 10,000 crore raise

Waaree Energies Limited reported record financial results for the financial year 2026, with net profit more than doubling year-on-year. The Board of Directors, at a meeting held yesterday, approved the audited results and cleared a series of...

Kudankulam Unit-3 enters reactor-stage commissioning with key system milestone

India’s largest nuclear power station has progressed in its expansion, with Nuclear Power Corporation of India Limited (NPCIL) initiating the “Spillage to Open Reactor” process for Unit-3 of the Kudankulam Nuclear Power Project (KKNPP) on April 25...

Bondada Engineering wins Rs 125 crore BOS orders for Khavda solar project

Bondada Engineering Limited has secured multiple orders worth Rs 125.30 Crores for supply and onsite services under the Balance of System (BOS) package for a 75 MW solar power project. In a regulatory filing dated April 29, 2026, the company said the...

AERB grants operating licence to NFC-Kota fuel facility

India’s nuclear fuel production capability has taken a significant step forward, with the Atomic Energy Regulatory Board (AERB) granting an operating licence to the Nuclear Fuel Complex (NFC) facility at Kota, Rajasthan. The plant is designed...

Bajel Projects secures 500 kV transmission EPC order in MENA

Bajel Projects Limited has secured an engineering, procurement and construction (EPC) contract to build a 500 kV overhead transmission line in the Middle East and North Africa (MENA) region, according to a regulatory filing dated April 29, 2026. The...

BlackRock trims stake in PTC India via open market sale

BlackRock, Inc. has marginally reduced its shareholding in PTC India Limited through an open market transaction, according to a regulatory disclosure. In filings submitted to the Bombay Stock Exchange and the National Stock Exchange on April 29...

Adani Power Q4 profit jumps 64%; FY26 growth remains muted

Adani Power reported a strong fourth quarter for FY26, with net profit rising 64.3% year-on-year to Rs 4,271 crore. However, full-year performance remained largely flat, with consolidated Profit After Tax (PAT) increasing 1.7% to Rs 12,971 crore from...

Dalmia Cement to acquire stake in hybrid RE project in Andhra Pradesh

Dalmia Cement (Bharat) Limited (DCBL), a wholly-owned subsidiary of Dalmia Bharat Limited, has entered into an agreement to acquire a stake in a renewable energy project to support its manufacturing operations in Andhra Pradesh. In a regulatory...

ACME Solar commissions additional BESS capacity in Rajasthan

ACME Solar Holdings Limited has commissioned an additional tranche of its Battery Energy Storage System (BESS) project in Rajasthan, expanding its operational energy storage capacity. In a regulatory filing dated April 29, 2026, the company said its...

Ravindra Energy Q4 generation surges; EV unit posts loss

Ravindra Energy Limited reported a sharp rise in renewable energy generation in the fourth quarter of FY26, supported by new capacity additions, while its electric vehicle (EV) business continued to incur losses amid ongoing network expansion. The...

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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...