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SECI concludes 1.2 GW wind auction with tariffs at Rs 3.67–3.69 per kWh

Solar Energy Corporation of India (SECI) has concluded the reverse auction for its 1,200 MW Interstate Transmission System connected wind power tender, Tranche XIX, with tariffs discovered in a narrow and competitive range of Rs 3.67 to Rs 3.69 per...

Waaree Energies US arm bags 150 MW international solar module order

Waaree Energies Limited has secured an overseas solar module supply order through its United States subsidiary, adding to its international order pipeline. In a regulatory filing dated February 4, 2026, the company said its wholly owned subsidiary...

Tata Power posts strong Q3 as renewable, manufacturing units drive growth

Tata Power Company Limited reported robust financial performance for the third quarter and nine month period of fiscal year 2026, led by strong growth in its renewable energy, manufacturing, and distribution businesses. For the quarter ended December...

Vikran Engineering sets up solar SPV for NTPC project, extends Rs 49.15 crore loan

Vikran Engineering Limited has taken key corporate steps to support its renewable energy execution plans, including the incorporation of a project specific subsidiary for a large solar contract and the extension of an inter corporate loan. In...

Solis leads India rooftop solar inverter market for fifth year

Solis has ranked first by market share in India’s rooftop solar inverter segment for the fifth consecutive year, according to an industry report. The CRISIL–Bridge to India Rooftop Map shows that Solis accounted for 25% of total inverter deployments...

RECPDCL invites bids for Vizag green hydrogen transmission and Dholpur grid project

REC Power Development and Consultancy Limited (RECPDCL) has invited competitive bids for two interstate transmission projects in Andhra Pradesh and Rajasthan. On February 3, 2026, RECPDCL issued a Request for Proposal (RfP) to select a transmission...

PFC completes transfer of two transmission SPVs to winning bidders

Power Finance Corporation Limited (PFC) has completed the transfer of two wholly owned subsidiaries held through its subsidiary, PFC Consulting Limited, to successful bidders. The transfers were finalised on February 3, 2026, following completion of...

Saatvik Green posts revenue growth, expands manufacturing capacity

Saatvik Green Energy Limited reported strong growth in its quarterly and nine month financial performance, supported by higher volumes and improved operational efficiency. For the third quarter of fiscal year 2026, the company recorded consolidated...

Power Grid gets approval to merge transmission subsidiaries under two entities

Power Grid Corporation of India Limited has received regulatory approval to consolidate multiple wholly owned transmission subsidiaries into two entities, as part of a move to streamline its corporate structure. In a disclosure to the stock exchanges...

NHPC posts Q3 profit, declares interim dividend, updates on projects

NHPC Limited announced its financial results for the third quarter ended December 31, 2025, along with an interim dividend and updates on project commissioning and board level decisions. For Q3, NHPC reported a standalone profit of Rs 292.87 crore...

KPIL reports strong Q3, nine month growth on execution and order book strength

Kalpataru Projects International Limited (KPIL) posted strong financial performance in the third quarter and nine month period of fiscal year 2026, driven by higher revenues, margin expansion, and a solid order book. In its financial results released...

Coal India clears renewable JV; board approves multiple investments

Coal India Limited (CIL) has approved the formation of a renewable energy joint venture in Uttar Pradesh, alongside a series of other corporate actions, including a large equity infusion into a gasification subsidiary and the creation of an overseas...

H.M. Electro Mech secures Rs 275.27 million solar BoS EPC order in Maharashtra

H.M. Electro Mech Limited has received a domestic work order valued at Rs 275.27 million from Twinsag Enterprise LLP for Balance of System works for multiple solar power projects in Maharashtra. The order was awarded on January 30, 2026. It covers an...

BHEL receives LOI for 2 x 150 MW BTG package from Hindalco

Bharat Heavy Electricals Limited (BHEL) has secured a domestic order to supply a key power equipment package for a major aluminium project. In a filing to the stock exchanges on February 4, 2026, BHEL said it received a Letter of Intent (LOI) dated...

ACME Solar appoints Rahul Kaushik as head of process transformation

ACME Solar Holdings Limited has appointed Rahul Kaushik to a newly created leadership role to strengthen operational governance and improve process efficiency across the organisation. In a press release dated February 4, 2026, the company announced...

Advait Energy wins Rs 20 crore ERS order from MSETCL

Advait Energy Transitions Limited, formerly Advait Infratech Limited, has secured a domestic order for an Emergency Restoration System (ERS) from a state transmission utility. The order was awarded on February 3, 2026, by Maharashtra State...

NLC India’s arm wins SECI renewable plus storage project

NLC India Limited has informed the stock exchanges that its wholly owned subsidiary, NLC India Renewables Limited (NIRL), has received a Letter of Award from the Solar Energy Corporation of India Limited (SECI). The award is for setting up 600 MW of...

Drivn secures up to $80 million from Nomura for electric bus, truck rollout

Drivn, a Gurugram based electric mobility startup, has secured financing commitments of up to $80 million from global financial services group Nomura. The funding will support the first phase of deploying close to 1,000 electric buses and trucks for...

Epic Energy ties up with REFNIC for lithium-ion battery recycling facilities

Epic Energy Limited has entered into a technical collaboration with REFNIC, a brand operated by Zetrance Technology, to set up lithium ion battery recycling and second life application facilities. The project will be implemented through Epic Energy’s...

Bajaj Electricals enters wiring segment with Secura Wires launch

Bajaj Electricals Limited has announced its entry into the wiring segment with the launch of Bajaj Secura Wires under its Lighting Solutions business. The move expands the company’s domestic portfolio of electrical products beyond lighting and...

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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...