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Pace Digitek unit secures Rs 94 crore BSNL battery order

Pace Digitek Limited said its material subsidiary, Lineage Power Private Limited, has received an advance purchase order worth Rs 94.35 crore from Bharat Sanchar Nigam Limited (BSNL) for advanced Li-ion battery solutions. The development was...

Jupiter empanelled for solar pump project in Maharashtra

Jupiter International Limited has received a Letter of Empanelment valued at Rs 64.95 crore from the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the supply and installation of off grid solar water pumping systems under a...

LNK Energy launches with Rs 10,000 crore clean energy investment plan

LNK Energy has been launched as an integrated clean energy platform with an investment commitment of Rs 10,000 crore over the next five years. The company was introduced by its co-founders on the sidelines of the World Economic Forum Annual Meeting...

Power distribution utilities post profit after years of losses

India’s power distribution utilities have reported a consolidated Profit After Tax (PAT) of Rs 2,701 crore in FY 2024–25, marking a shift after several years of losses. The figures cover distribution companies and power departments and were released...

BluPine Energy secures Rs 5,400 crore refinancing facility from Axis Bank

BluPine Energy, a renewable energy platform owned by private equity firm Actis, has secured a Rs 5,400 crore long-term loan facility underwritten by Axis Bank. The funding will be used to refinance existing debt across the company’s portfolio of...

Alpex Solar wins Rs 215 crore domestic module supply order

Alpex Solar Ltd has secured a domestic order worth Rs 215.20 crore, excluding GST, for the supply of high efficiency solar modules. The company said the contract will be executed over a six month period. The order has been awarded by an undisclosed...

Juniper Green completes solar phase of Solapur hybrid project

Juniper Green Energy has announced the early commissioning of a 72 MWp solar component at its 133 MWp hybrid power project in Solapur, Maharashtra. The project has been developed through its subsidiary, Juniper Green Spark Ten, and the solar portion...

Waaree group wins EPC and module supply orders in India and US

On January 19, 2026, Waaree Renewable Technologies Limited secured a turnkey engineering, procurement and construction (EPC) contract for a solar project in Uttar Pradesh. On the same day, its parent company, Waaree Energies Limited, announced large...

PFC promotes Deepak Jain as Executive Director

Power Finance Corporation Limited (PFC) has promoted Deepak Jain to the post of Executive Director, effective January 16, 2026, according to a stock exchange filing. Jain was previously serving as Chief General Manager at PFC and has over 26 years of...

CEA issues revised type test and MQAP guidelines for power equipment

The Central Electricity Authority (CEA) has issued revised versions of two regulatory documents covering major power sector equipment. The two documents are the Guidelines for the Type Tests for Major Equipment of Power Sector and the Guidelines for...

BHEL reports strong Q3 FY 2025–26 earnings growth

Bharat Heavy Electricals Limited (BHEL) has reported a sharp year on year improvement across key financial metrics for the quarter ended December 31, 2025. The unaudited results were approved by the board on January 19, 2026. For Q3 FY 2025–26, BHEL...

IIT Delhi launches Centre of Excellence for power sector regulation

Union Minister of Power Manohar Lal inaugurated the Centre of Excellence (CoE) for Regulatory Affairs in the Power Sector at the Indian Institute of Technology Delhi (IIT Delhi) on 19 January 2026. The Centre has been jointly established by IIT...

Dalmia Bharat exits O2 Renewable Energy V with full stake sale

Dalmia Bharat Limited (DBL) has divested its entire 25.44% equity stake in O2 Renewable Energy V Private Limited (OREV), ending its associate relationship with the renewable energy company. The transaction was completed on January 16, 2026. The sale...

Nash Energy commissions 2 GWh automated battery pack line near Bengaluru

Nash Energy has commissioned a fully automated battery pack manufacturing line with an initial capacity of 2 GWh at its facility near Bengaluru. This marks the first phase of the company’s plan to build 10 GWh of battery pack manufacturing capacity...

Kakinada named Green Hydrogen Valley at AM Green project launch

Andhra Pradesh Chief Minister N. Chandrababu Naidu on January 17, 2026, declared Kakinada as the Green Hydrogen Valley of India following the groundbreaking ceremony for a Rs 15,600 crore green ammonia project. The event marked the start of...

Onix Renewable signs Gujarat MoU for green ammonia and solar projects

Onix Renewable Ltd has signed a Memorandum of Understanding (MoU) with the Government of Gujarat to undertake large-scale renewable energy projects in the state. Under the MoU, the company has proposed setting up a green ammonia production facility...

Indosolar appoints Dr Jignesh Rathod as CEO, posts strong Q3 FY26 results

Indosolar Limited, a subsidiary of Waaree Energies Limited, has announced changes in its senior leadership following a recent Board meeting. The Board approved the appointment of Dr Jignesh Devchandbhai Rathod as an Additional Director in a...

Vikram Solar shifts entire module portfolio to G12R platform

Vikram Solar Limited has announced a transition to a fully G12R-based solar module portfolio, standardising its product range around large-format, next-generation solar technology. The company said the move reflects market trends that favour larger...

Power Ministry updates RoW compensation process to speed up transmission projects

The Ministry of Power (MoP) has issued amendments to its Supplementary Guidelines for compensation related to the Right of Way (RoW) for transmission lines. The revisions target procedural delays in land valuation, aiming to accelerate the...

Shakti Pumps commits Rs 75 crore to 2.2 GW solar manufacturing project

Shakti Pumps (India) Limited has approved an equity investment of Rs 75 crore in its wholly owned subsidiary, Shakti Energy Solutions Limited (SESL), to set up a 2.2 GW solar cell and module manufacturing facility in Madhya Pradesh. The investment...

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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...