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Vikram Solar secures 378.75 MW module supply order from INGEL

Vikram Solar has secured an order to supply 378.75 MW of solar modules to Indian Oil NTPC Green Energy Private Limited (INGEL), a joint venture between Indian Oil Corporation Limited (IOCL) and NTPC Green Energy Limited (NGEL). The company disclosed...

POWERGRID commissions RE transmission project, gets higher investment limit

Power Grid Corporation of India Ltd. (POWERGRID) has announced the full commissioning of a major interstate transmission system and Cabinet approval to raise its equity investment limit per subsidiary. The developments were disclosed in exchange...

L&T secures major PT&D EPC orders in India and Middle East

Larsen & Toubro Limited’s Power Transmission & Distribution (PT&D) vertical has secured a set of engineering, procurement, and construction (EPC) orders for grid system projects across India and the Middle East. In India, the PT&D...

NTPC-MAHAGENCO consortium completes STPL acquisition

NTPC Limited, in consortium with Maharashtra State Power Generation Company Limited (MAHAGENCO), completed the acquisition of Sinnar Thermal Power Limited (STPL) on February 24, 2026. The transaction was executed under a Resolution Plan approved by...

Kalpataru Projects to acquire full stake in Saudi JV KIOCL

Kalpataru Projects International Limited has signed an agreement to acquire the remaining 35 % stake in its Saudi Arabian joint venture, Kalpataru IBN Omairah Company Limited (KIOCL), from its local partner. The transaction, executed on February 23...

KEC International secures Rs 1,002 crore T&D and cables orders

KEC International Limited has secured new orders worth Rs 1,002 crore across its transmission and distribution (T&D) and cables and conductors businesses. The company announced the development on February 24, 2026, with the wins spanning domestic...

Exide Industries invests Rs 100 crore more in EESL

Exide Industries Limited has infused a further Rs 100 crore into its wholly owned subsidiary, Exide Energy Solutions Limited (EESL), through a rights issue subscription. The investment was announced on February 24, 2026, taking the parent company’s...

Bajaj Electricals appoints Rahul Pundir as Chief Supply Chain Officer

Bajaj Electricals Limited has appointed Rahul Pundir as Chief Supply Chain Officer, effective March 2, 2026. After joining, he will be designated as Senior Management Personnel at the company’s next Board Meeting. The company disclosed the...

Lineage Power wins Rs 1,587 million battery order from Reliance

Pace Digitek Limited’s material subsidiary, Lineage Power Private Limited, has received a purchase order valued at Rs 1,587.10 million (including GST) from Reliance Industries Limited for the supply of lithium-ion battery packs, according to a stock...

Moxie Power secures 558 MW supply contract from TNPDCL

Adani Power Limited’s subsidiary, Moxie Power Generation Ltd, has received a Letter of Award from Tamil Nadu Power Distribution Corporation Limited (TNPDCL) to supply 558 MW of power for five years, providing long-term revenue visibility for the...

Vikram Solar signs Rs 2,000 crore domestic cell supply deal

Vikram Solar Limited has signed a domestic solar cell procurement agreement with Jupiter International Limited to source 2 GW of crystalline solar cells valued at about Rs 2,000 crore. The agreement was executed on February 20, 2026. The contract...

NHPC approves Rs 5,702 crore investment for two J&K hydro projects

NHPC Limited (NHPC) has approved investment proposals worth about Rs 5,702 crore for two hydroelectric projects in the Union Territory of Jammu & Kashmir with a combined capacity of 500 MW. The decision was taken by the Board of Directors at its...

NTPC Green declares 165 MW commercial at Khavda-II solar project

NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has declared commercial operation of 165 MW from the 1,200 MW Khavda-II Solar Photovoltaic (PV) Project in Gujarat, effective February 20, 2026. With this addition, NTPC group’s total...

KPI Green Energy completes 92.4 MW wind project in Gujarat

KPI Green Energy Limited has completed a 92.4 MW wind power project for Ayana Renewable Power Four at Nakhatrana in Bhuj, Gujarat. The company disclosed the milestone in a stock exchange filing on Friday, stating that the project has secured approval...

CAG audit flags operational gaps and revenue losses at NLC India

A performance audit by the Comptroller and Auditor General of India (CAG) identified operational, financial and compliance gaps at NLC India Limited’s lignite mines and thermal power stations in Neyveli, leading to revenue losses and safety and...

CEA panel finds 55% MTL flexible operation does not damage thermal units

A committee constituted by the Central Electricity Authority (CEA) has found that operating thermal power plants at 55% minimum technical load (MTL) with conservative ramping rates does not result in significant damage to generating units. The...

Haryana approves Rs 402.41 crore solar micro-irrigation projects

The Haryana State Level Sanctioning Committee (SLSC) has approved four Community-Based Solar-Powered Integrated Micro-Irrigation Projects with a total investment of Rs 402.41 crore. The projects will cover 61 canal outlets across 20 blocks in...

India, UK launch offshore wind taskforce

India and the United Kingdom have set up a joint Offshore Wind Taskforce to accelerate project implementation, strengthen supply chains, and address structural challenges in India’s offshore wind sector. The initiative was launched by Union Minister...

NLC India targets 2 GW renewable addition this financial year

NLC India Limited is progressing with its renewable energy expansion and aims to add around 2 GW of capacity by the end of the current financial year, according to details shared during an investor call by M. Prasanna Kumar, Director. The company is...

Waaree subsidiary plans 16 GWh battery gigafactory in Andhra Pradesh

Waaree Energy Storage Solutions Private Limited, a wholly owned subsidiary of Waaree Energies Limited, is in discussions with the Government of Andhra Pradesh to set up an integrated lithium-ion battery gigafactory with a proposed investment of about...

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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...