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Sunora Solar, Bharat Enterprise partner for 30 MW PM Kusum project in Hyderabad

Sunora Solar has entered into a long-term purchase agreement with Hyderabad-based Bharat Enterprise to supply TOPCon G12R solar modules for a 30 MW project under the PM Kusum Yojana. The project targets commissioning within this year and involves a...

Google breaks ground on AI hub in Visakhapatnam

Google has begun construction of its AI hub in Visakhapatnam, Andhra Pradesh, marking its largest investment in India’s digital infrastructure to date. The project is being developed in partnership with AdaniConneX and Nxtra by Airtel. The...

REC reports highest-ever annual profit of Rs 16,282 crore

REC Limited reported its highest-ever standalone net profit of Rs 16,282 crore for the financial year ended March 31, 2026, up from Rs 15,713 crore in FY25. On a consolidated basis, net profit stood at Rs 16,308 crore in FY26, compared to Rs 15,884...

Enviro Infra Engineers enters wind segment with Suyog Urja buy

Enviro Infra Engineers Limited said its wholly-owned subsidiary, EIE Renewables Private Limited, has signed a Share Purchase Agreement to acquire 100% share capital of Suyog Urja Limited, marking its entry into the wind energy segment. Under the...

Bikaner-V transmission plan faces uncertainty amid developer pushback

The proposed 6 GW Bikaner-V transmission scheme, intended to evacuate renewable energy from Rajasthan, faces uncertainty after developers rejected a proposal to shift connectivity to existing substations with access limited to non-solar hours. The...

Skipper reports record FY26 revenue and profit growth

Skipper Limited reported its highest-ever annual revenue and profitability for the financial year ended March 31, 2026, supported by strong execution in the transmission and distribution (T&D) segment. On a standalone basis, revenue from...

Emmvee reports strong FY26 growth on higher solar output

Emmvee Photovoltaic Power Limited reported a sharp increase in its audited financial results for the quarter and year ended March 31, 2026, driven by higher production and capacity expansion. For FY26, revenue from operations rose 116% year-on-year...

Waa Solar commissions 6 MW under PM-KUSUM feeder scheme

Waa Solar Limited has commissioned 6,000 KW (AC) of grid-connected solar photovoltaic capacity under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) Feeder Level Solarization Scheme. The company received two...

Bondada Engineering reports strong FY26 growth on EPC execution

Bondada Engineering Limited reported higher revenue and profit for the quarter and year ended March 31, 2026, supported by growth across its Engineering, Procurement, and Construction (EPC) and operations and maintenance (O&M) segments. On a...

Websol Energy posts strong FY26 growth on higher solar output

Websol Energy System Limited reported a sharp increase in its audited financial results for the quarter and year ended March 31, 2026, supported by higher production and capacity utilisation. Revenue from operations in Q4FY26 rose 132.1% year-on-year...

Vikran Engineering acquires 49% stake in NOPL Solar Projects

Vikran Engineering Limited has signed a Share Purchase Agreement to acquire a 49% equity stake in NOPL Solar Projects Private Limited for Rs 4.9 crore, expanding its footprint in the renewable energy segment. NOPL Solar Projects is involved in the...

Advait Energy sets up three subsidiaries to expand clean energy portfolio

Advait Energy Transitions Limited (formerly Advait Infratech Limited) has incorporated three new subsidiary companies. The subsidiaries include Advait Battery Ecosystems Private Limited, which will focus on energy storage systems, electric vehicle...

NCLT approves Inox Green demerger of power evacuation business

The National Company Law Tribunal (NCLT), Ahmedabad Bench, has approved the Scheme of Arrangement for the demerger of the Power Evacuation Business of Inox Green Energy Services Limited into Inox Renewable Solutions Limited. The company received the...

Lucknow tops India in rooftop solar, overtakes Surat

Lucknow has surpassed Surat to become the leading Indian city in rooftop solar installations, based on data released in mid-April 2026 by the Uttar Pradesh New and Renewable Energy Development Agency. The city now records the highest level of...

SECI awards 5.67 MW rooftop solar under Tranche VIII

The Solar Energy Corporation of India Limited (SECI) has announced results for its January 2026 tender covering 5,665 kW of rooftop solar capacity across 14 government buildings. The projects are being developed under the RESCO (Renewable Energy...

Oriana arm invests Rs 12 crore in BESS-linked solar project

Truere Guj SPV Private Limited, a subsidiary of Oriana Power Limited, has received an investment of Rs 12,01,68,600 from its parent to support the development of a battery energy storage system (BESS). The funding is tied to a solar project being...

NCT shelves Mundra green hydrogen transmission scheme over lack of demand

The National Committee on Transmission (NCT) has decided to shelve a dedicated transmission scheme planned to supply power to a proposed green hydrogen and ammonia manufacturing hub in Mundra, Gujarat, citing absence of demand visibility. The...

Centre rolls out Rs 5,000 crore mining reform incentives for FY27

The Government has introduced a Rs 5,000 crore incentive mechanism for mining sector reforms under the Scheme for Special Assistance to States for Capital Investment (SASCI) for FY 2026-27. The Ministry of Mines has issued the operational guidelines...

AMPIN commissions 60 MWp group captive solar in Odisha

AMPIN Energy Transition has commissioned a 60 MWp group captive open access solar project at Kantabanji in Odisha under the OREP-22 framework. The project supplies renewable power to commercial and industrial consumers and is connected to the grid...

EAC defers ToR for two Maharashtra PSPs over ESZ restrictions

The Expert Appraisal Committee (EAC) for River Valley and Hydroelectric Projects has deferred the Terms of Reference (ToR) applications for two pumped storage projects in Maharashtra due to their location within notified Eco-Sensitive Zones (ESZs)...

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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...