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MEIL Energy acquires 250 MW lignite power plant in Tamil Nadu

MEIL Energy Private Limited, a subsidiary of Megha Engineering & Infrastructures Limited (MEIL), has completed the acquisition of a 250 MW lignite-fired power plant in Neyveli, Tamil Nadu. With this addition, MEIL’s total power generation...

Alpex Solar to expand UP cell plant to 2.2 GW

Alpex Solar Limited has approved the expansion of its proposed solar cell manufacturing facility in Kosi Kotwan, Uttar Pradesh, from 1.6 GW to 2.2 GW. The company will also adopt advanced G12R tunnel oxide passivated contact (TOPCon) technology as...

ADB approves USD 460 million loan for Maharashtra’s agricultural solarisation

The Asian Development Bank (ADB) has approved a USD 460 million results-based loan to upgrade Maharashtra’s rural power infrastructure and promote distributed renewable energy. The initiative aims to provide farmers with reliable daytime solar...

NTPC posts marginal rise in Q2 profit despite lower revenue

NTPC Limited reported a slight increase in its consolidated net profit for the second quarter of FY25, even as its revenue declined year-on-year. The company’s net profit stood at Rs 4,653 crore in Q2 FY25, up 0.11% from Rs 4,648 crore in the same...

BII commits USD 75 million to Blueleaf Energy for renewable expansion in India

British International Investment (BII) is deepening its presence in India’s renewable energy sector through a series of strategic investments spanning generation, transmission, and manufacturing. In its latest move, BII has committed a USD 75 million...

Goldi Solar secures Rs 14.22 billion funding to boost manufacturing capacity

Goldi Solar has raised Rs 14.22 billion in fresh funding to expand its solar manufacturing footprint. The round was led by Havells India Limited, with participation from a group of institutional and strategic investors. The consortium includes Ambit...

Adani Green units sign 60 MW hybrid power deal

Adani Solar Energy Jodhpur Six Limited and Adani Renewable Energy Forty One Limited, both wholly owned stepdown subsidiaries of Adani Green Energy Limited (AGEL), have signed Power Consumption Agreements and Tripartite Agreements to supply 60 MW of...

Coal India, Adani Power, BHEL, L&T, and NLCIL post Q2 FY26 results

Coal India Limited (CIL) reported a net profit of Rs 42.63 billion for the second quarter of FY26, a decline of 32.08 per cent from Rs 62.75 billion in the same period last year. Total income fell 1.10 per cent to Rs 323.27 billion from Rs 326.87...

L&T wins key offshore wind and grid infrastructure projects

Larsen & Toubro (L&T) has secured a major role in TenneT’s High Voltage Direct Current (HVDC) offshore wind program. TenneT, the Dutch-German transmission system operator, nominated L&T in collaboration with Hitachi Energy to deliver...

India and Nepal advance cross-border power transmission projects

India and Nepal have signed key agreements to develop high-capacity cross-border transmission corridors, strengthening electricity trade and regional energy cooperation. Power Grid Corporation of India Limited (POWERGRID) and the Nepal Electricity...

Renewable firms report strong profit growth in latest quarter

India’s renewable energy companies reported solid financial performance for FY 2025-26, driven by higher earnings and improved margins. NTPC Green Energy reported a net profit of Rs 88 crore, up from Rs 38 crore the previous year. Revenue grew 21.5%...

President Murmu urges inclusive solar growth at ISA Assembly

President Droupadi Murmu inaugurated the 8th session of the International Solar Alliance (ISA) Assembly in New Delhi on October 28, 2025, urging member nations to build a solar-powered world that leaves no woman, farmer, village, or small island...

Rashmi Group to invest Rs 100 billion in integrated steel and power project in WB

Rashmi Group will invest Rs 100 billion to set up a 2.8 million tonne per annum integrated steel plant and a 400 MW captive power plant in Purulia, West Bengal. The state government has allotted 938 acres of land for the project. The development is...

Ministry of Coal to launch 14th round of commercial mine auctions

The Ministry of Coal is set to launch the 14th round of commercial coal mine auctions, opening a new phase in India’s coal sector liberalisation. The round will offer a mix of fully and partially explored blocks under revised terms designed to...

Hartek Power commissions 300 MW solar project in Rajasthan

Hartek Power has commissioned a 300 MWAC (435 MWp DC) ground-mounted solar photovoltaic project in Rajasthan. The project, valued at Rs 4.74 billion, was awarded by a global renewable energy independent power producer. Spread across 1,209 acres, the...

Honda Motor acquires stake in OMC Power

Honda Motor Company has acquired an equity stake in India-based OMC Power to jointly develop clean energy storage solutions using repurposed electric vehicle batteries. The collaboration aims to extend the lifecycle of Honda’s detachable batteries...

KPI Green wins Rs 1,050 crore LOI for RTC green power project

KPI Green Energy Limited has received a Letter of Intent from UAE-based FVE Lifecare General Trading LLC, part of the F Plus Group, for a 600 MW Round-the-Clock (RTC) Green Power Project valued at about Rs 1,050 crore. The agreement follows an...

Voltamp Transformers wins Rs 149 crore order from GETCO

Voltamp Transformers Limited has received a Letter of Intent from Gujarat Energy Transmission Corporation Limited (GETCO) for a contract valued at about Rs 149 crore, inclusive of GST. The scope includes the design, manufacture, testing, and supply...

Insolation Energy subsidiary wins Rs 232 crore solar project order

Insolation Energy Ltd announced that its subsidiary, Insolation Green Infra Private Limited, has received a turnkey project order worth Rs 232.36 crore (excluding GST) from Silgo Retail Ltd.  The order covers the design, engineering, manufacturing...

Suzlon Energy appoints Rahul Jain as Chief Financial Officer

Suzlon Energy Limited has appointed Rahul Jain as Chief Financial Officer, effective December 15. Rahul joins Suzlon after serving as Group CFO at SRF Limited for 17 years. Earlier, he worked with Jubilant Organosys Limited for a decade, gaining...

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CERC clears over 13,000 MW in March adoption orders

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