SWELECT Energy Systems Limited reported a consolidated profit after tax of Rs 9.52 crore for the third quarter of fiscal year 2026, compared with a loss of Rs 10.58 crore in the corresponding quarter last year. Total income increased 46.7%...
ReNew Energy Global Plc reported a net loss of Rs 198 million (US$ 2 million) for the third quarter of fiscal year 2026, compared with a loss of Rs 3,879 million (US$ 43 million) in the same period last year. Total income for the quarter increased...
Adani Green Energy Limited has incorporated a new step-down subsidiary, Skyspin Energy Limited (SEL). The entity was registered on February 17, 2026, as a wholly owned subsidiary of Adani Renewable Energy Holding Eleven Limited (AREH11L), an existing...
SJVN Limited has awarded a tender for a 250 MW/500 MWh standalone Battery Energy Storage System (BESS) in Panipat, Haryana, to Hardi Hydro Energy Private Limited at a tariff of Rs 1.97 lakh per MW per month. The tender was finalised two months after...
The Ministry of New and Renewable Energy (MNRE) has included Fujiyama Power Systems Limited in the fifth revised edition of the Approved List of Models and Manufacturers (ALMM) List-II for solar photovoltaic cells. The company’s facility in Gautam...
The Rajasthan government has proposed an outlay of about Rs 2,900 crore in Budget 2026-27 to develop solar parks aggregating 4,830 MW in Bikaner and Jaisalmer and to strengthen the state’s power infrastructure. The renewable projects will be...
The Uttar Pradesh government has proposed an outlay of Rs 65,926 crore for the energy sector in FY 2026-27, an increase of 8% over the previous year. The allocation forms part of the state’s Rs 9,12,696 crore annual budget and covers generation...
Hartek Group’s power systems business unit has secured cumulative orders worth Rs 735 crore across the utility, Independent Power Producer (IPP), and industrial segments. The contracts cover substation and transmission infrastructure projects ranging...
REC Limited has incorporated Vizag Power Transmission Limited as a wholly owned subsidiary through REC Power Development and Consultancy Limited (RECPDCL). The special purpose vehicle was established on February 16, 2026 for the project titled...
Siemens Energy India Limited has approved an investment of about Rs 2,060 crore to set up a new power transformer manufacturing facility with an additional capacity of around 30,000 MVA. The decision was cleared by the Board of Directors at its...
NTPC Limited (NTPC) has declared commercial operation of an additional 5 MW at the Maroda Reservoir-I Solar Power Project in Bhilai. The project is being implemented by NTPC-SAIL Power Company Limited (NSPCL), a joint venture of NTPC and Steel...
Torrent Power Limited has signed a definitive agreement to acquire 100% equity stake and convertible instruments in Nabha Power Limited (NPL) from L&T Power Development Limited (L&T PDL), a wholly owned subsidiary of Larsen & Toubro...
Coal India Limited (CIL) has reported capital expenditure of Rs 961 crore on solar energy projects as of January 2026, marking a 2.33 times increase over the corresponding period last year. The company achieved 132% of its progressive target of Rs...
Patel Engineering Limited (PEL) reported consolidated revenue from operations of Rs 1,239 Cr in Q3 FY26, compared to Rs 1,206 Cr in Q3 FY25, reflecting a 2.81% year-over-year increase. Consolidated net profit for the quarter stood at Rs 71 Cr. As of...
NLC India Limited (NLCIL) has signed a Memorandum of Understanding (MoU) with National Aluminium Company Limited (NALCO) to jointly develop thermal and renewable energy projects. The agreement is intended to meet NALCO’s long-term power requirements...
Ceigall India Limited has incorporated a wholly owned subsidiary, Ceigall Morena Solar BESS Park Limited, to execute a 220 MW solar project in Madhya Pradesh. The entity was incorporated in India on February 13, 2026, as a Special Purpose Vehicle...
Power Finance Corporation Limited (PFC) has signed a Memorandum of Understanding (MoU) with MECON Limited to enhance cooperation across infrastructure and energy projects. The agreement places emphasis on emerging segments such as green hydrogen...
Inox Wind Limited (IWL) and Inox Green Energy Services Limited (Inox Green), part of the INOXGFL Group, reported higher revenue and profit for the quarter ended December 31, 2025. IWL posted its strongest quarterly performance to date, while Inox...
The Ministry of Power (MoP) has issued revised guidelines mandating coal and lignite-based thermal power plants (TPPs) to achieve 100 per cent ash utilisation in line with notifications of the Ministry of Environment, Forest and Climate Change...
NHPC Limited and Grid Corporation of Odisha (GRIDCO) have signed a Memorandum of Understanding (MoU) to jointly explore the development of a 1,000 MW pumped storage project at Masinta in Deogarh district, along with other renewable energy...
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Hitachi Energy India to invest Rs 2,000 crore in Gujarat transformer plant Hitachi Energy India...
Hitachi Energy India Limited has announced an investment of around Rs 2,000 crore to establish a new...
JSW Energy Limited, through its wholly owned subsidiary JSW Neo Energy Limited, has commissioned the...
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited...
Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder for...
ACME Solar Holdings Limited (ASHL), through its wholly owned subsidiary ACME Sun Power Private...
Prozeal Green Energy Limited has received a Notification of Award (NOA) from Oil and Natural Gas...
NTPC Limited has declared commercial operation of an additional 50 MW solar capacity under a larger...
India has yet to commission any offshore wind capacity despite an estimated 70 GW of technical...
A coastal energy project combining 400 MW of offshore solar generation with on-site hydrogen...