Coal India Limited (CIL) has approved a corporate guarantee of up to Rs 3,160 crore for CIL Rajasthan Akshay Urja Limited (CRAUL), supporting debt financing for an 875 MW solar PV project in Rajasthan. The approval was granted at the company’s board...
Sterlite Electric Limited has appointed Frederic Andre M Trefois as its group chief executive officer, the company said in an announcement. Trefois earlier served as a non-executive independent director on the company’s board. He brings experience in...
Mumbai-based diesel generator and power solutions manufacturer Powerica has raised Rs 329.4 crore from 17 anchor investors ahead of its public issue, which opened on March 24. The company allotted 83.39 lakh shares at the upper end of its price band...
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...
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 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 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 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 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 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’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...
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...
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 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 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 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 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 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 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 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...
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