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iNVERGY commissions 3 GWh BESS gigafactory in Uttar Pradesh

iNVERGY India Private Limited has inaugurated a fully automated battery energy storage system (BESS) gigafactory in Dasna, Uttar Pradesh, with an annual manufacturing capacity of 3 GWh and an investment of more than Rs 200 crore. The facility spans...

Pace Digitek signs PPA for 250 MW solar-BESS project

Pace Digitek Limited has announced the signing of a power purchase agreement (PPA) between TRANSGREENX, the asset-holding arm of the Pace Group, and Bangalore Electricity Supply Company Limited (BESCOM) for a 250 MW solar project integrated with a...

Advait subsidiary signs BESPA with GUVNL for 150 MW BESS

Advait Energy Transitions Limited, formerly known as Advait Infratech Limited, has informed the stock exchanges that its wholly owned subsidiary, Advait BESS Bhesaan Private Limited, has executed a Battery Energy Storage Purchase Agreement (BESPA)...

Government increases NHPC OFS size to 6% stake sale

The Government of India, acting through the Ministry of Power as the promoter of NHPC Limited, has exercised the oversubscription option for its Offer for Sale (OFS), increasing the total stake sale from 3% to 6% of NHPC’s paid-up equity share...

NLCIL outlines nuclear, BESS and green energy plans

NLC India Limited (NLCIL) announced multiple initiatives across nuclear power, renewable energy, battery energy storage systems (BESS), green hydrogen, and carbon capture during its Q4 FY26 Institutional Investors Meet held on May 27, 2026. The...

Transrail sees strong T&D growth backed by Rs 16,361 crore order book

Transrail Lighting Limited has outlined its growth plans for the power transmission and distribution (T&D) segment, which contributes around 90% of the company’s total revenue. During its earnings call held on May 27, 2026, the company...

EAC backs FGD exemptions for two thermal power plants

The Expert Appraisal Committee (EAC) for Thermal Power projects has recommended exemptions from mandatory Flue Gas Desulphurization (FGD) installation for two thermal power plants, while deferring similar requests from two others due to environmental...

NGEL invites bids for 11,100 MWh BESS in Gujarat and Rajasthan

NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited, has invited bids for engineering, procurement and construction (EPC) packages to develop a combined 11,100 MWh battery energy storage system (BESS) capacity across solar...

Haryana to begin smart metering on ground from August 31

Haryana has committed to commencing smart metering works on the ground from August 31, 2026, following a review meeting chaired by Union Minister for Power and Housing & Urban Affairs, Shri Manohar Lal. During the review, the Union Minister...

Solarium Green Energy reports 60% rise in FY26 revenue

Solarium Green Energy Limited reported a 60% increase in revenue from operations to Rs 368 crore for the financial year ended March 31, 2026, driven by its strategic shift towards large-scale Engineering, Procurement, and Construction (EPC) projects...

PFC appoints V. Packirisamy as Director (Commercial)

Power Finance Corporation Limited (PFC), has announced that Shri V. Packirisamy has taken charge as Director (Commercial) on its Board with effect from June 2, 2026. Shri Packirisamy will continue in the role until his superannuation or until further...

PFC subsidiary PFC Projects struck off by MCA

Power Finance Corporation Limited (PFC) has informed the stock exchanges that its wholly owned subsidiary, PFC Projects Limited (PPL), has been struck off from the Register of Companies by the Registrar of Companies (RoC), effective June 1, 2026. The...

Servotech signs MoU with HEPC for Rs 400 crore Haryana expansion

Servotech Renewable Power System Ltd. has signed a Memorandum of Understanding (MoU) with the Haryana Enterprises Promotion Centre (HEPC) to expand its manufacturing and warehousing operations in Haryana. The proposed investment is approximately Rs...

DEE Development secures Rs 207 crore power sector order

DEE Development Engineers Limited has received a letter of intent for an order worth Rs 206.55 crore, excluding GST, from a Maharatna public sector undertaking operating in the power sector. In a stock exchange filing, the company said the customer...

Transrail Lighting wins Rs 575 crore orders across power and civil segments

Transrail Lighting Limited has secured new orders worth Rs 575 crore, primarily in the power transmission and distribution sector, along with contracts in its civil construction and pole businesses. In a stock exchange filing, the company said the...

Toshiba delivers indigenous 132 kV mobile GIS to POWERGRID

Toshiba Transmission & Distribution Systems (India) Private Limited (TTDI) has delivered an indigenously developed 132 kV mobile gas-insulated switchgear (m-GIS) system to Power Grid Corporation of India Limited (POWERGRID), expanding its...

SWELECT enters Kerala with 26.6 MWp solar asset acquisition

Swelect Energy Systems Limited has expanded its renewable energy portfolio in Kerala through the acquisition of a 26.6 MWp solar independent power producer (IPP) asset, marking its first group captive project in the state. The acquisition includes U...

CERC order highlights risks for renewable developers when PPAs and connectivity approvals are delayed

The Central Electricity Regulatory Commission (CERC) has granted Datta Power Infra Private Limited an additional 30 days to submit financial closure documents for its 162 MW wind-solar hybrid projects in Madhya Pradesh, while criticising Central...

Avaada secures financial closure for three renewable energy projects

Avaada Group has achieved financial closure for three utility-scale renewable energy projects, with total debt sanctions approaching USD 950 million. The portfolio includes what the company described as India’s largest financing transaction in...

Vikran Engineering targets Rs 2,500 crore revenue in FY27

Vikran Engineering Limited has outlined an ambitious growth strategy for the coming years, targeting a significant increase in revenue, entry into the data centre engineering, procurement and construction (EPC) segment, and potential expansion into...

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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...