News Subsections

Sunsure commissions 105 MWp solar project in Uttar Pradesh

Sunsure Energy has commissioned a 105 MWp solar power project in Mahoba district of Uttar Pradesh, becoming the first renewable energy developer to evacuate green power through the state’s Green Energy Corridor-II infrastructure. The project is...

Alfa Transformers bags 12,000-unit transformer order from MGVCL

Alfa Transformers Limited has received a letter of award from Madhya Gujarat Vij Company Limited (MGVCL) for the supply of 12,000 distribution transformers valued at approximately Rs 63 crore. The order has been awarded under the CPP tender for...

IEX incorporates subsidiary for coal trading platform

Indian Energy Exchange Limited (IEX) has incorporated a wholly owned subsidiary, Indian Coal Exchange Limited, to establish an online trading platform for coal buyers and sellers. The new entity was incorporated on June 1, 2026, marking IEX’s entry...

ACME Solar launches QIP at floor price of Rs 294.13 per share

ACME Solar Holdings Limited has launched a qualified institutions placement (QIP) to raise funds from eligible institutional investors. The company’s Fund Raising Committee approved the opening of the QIP on June 1, 2026. It also set the floor price...

Adani Energy Solutions incorporates seven new subsidiaries

Adani Energy Solutions Limited (AESL) has incorporated seven wholly owned subsidiaries in a single day as part of its expansion across the electricity value chain. The company disclosed the incorporations to stock exchanges on June 1, 2026. The newly...

Adani Green commissions 50 MW solar project at Khavda

Adani Green Energy Limited (AGEL) has operationalised a 50 MW solar power project at Khavda, Gujarat, through its wholly-owned step-down subsidiary, Adani Hybrid Energy Jaisalmer Five Limited. Following the commissioning, AGEL’s total operational...

Suzlon appoints Ashok Ramachandran as India Business President

Suzlon Energy Limited has appointed Mr. Ashok Ramachandran as President – India Business and Senior Managerial Personnel (SMP), effective June 4, 2026. In a stock exchange filing, the company said Ramachandran will report to the Group Chief Executive...

Kalpataru secures new orders worth Rs 2,002 crore

Kalpataru Projects International Limited (KPIL), along with its international subsidiaries, has secured new orders and notifications of award worth around Rs 2,002 crore across domestic and overseas markets. According to a company press release, the...

FAC clears 1,200 MW Kalai-II hydro project in Arunachal Pradesh

The Forest Advisory Committee (FAC) has granted in-principle forest clearance to the 1,200 MW Kalai-II hydroelectric project proposed on the Lohit River in Arunachal Pradesh. The approval allows diversion of around 869 hectares of forest land...

MNRE directs developers to use DCR portal for ALMM extension requests

The Ministry of New and Renewable Energy (MNRE) has directed renewable power developers seeking additional time for project commissioning beyond June 1, 2026, to submit their requests only through the dedicated Domestic Content Requirement (DCR)...

Inox Wind posts weaker Q4 but guides for 75% revenue growth in FY27

Inox Wind Limited reported a consolidated net profit of Rs 91.3 crore for the quarter ended March 2026, down 51.1% from Rs 186.8 crore in the year-ago period, as geopolitical disruptions and delayed customer payments impacted profitability. Revenue...

Renewable energy projects awarded via TBCB qualify as PPP projects, SEBI clarifies

The Securities and Exchange Board of India (SEBI) has clarified that renewable energy projects awarded through tariff-based competitive bidding (TBCB) or other open competitive bidding mechanisms to special purpose vehicles (SPVs) of infrastructure...

UPPCL to levy 10% fuel surcharge on June 2026 electricity bills

Uttar Pradesh Power Corporation Limited (UPPCL) will impose a Fuel and Power Purchase Adjustment Surcharge (FPPAS) of 10% on electricity bills in June 2026 for all categories of consumers. The surcharge has been introduced in line with the Uttar...

Kosol Energie’s Koraam secures fourth MSEDCL solar pump order under PM-KUSUM

Koraam, the agricultural solar solutions vertical powered by Kosol Energie Pvt. Ltd., has received its fourth order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for deployment of solar water pumping systems under the Magel...

NHPC begins construction work for 240 MW Uri-I Stage-II project

NHPC Limited has commenced construction activities for the 240 MW Uri-I Stage-II Hydro Electric (HE) Project in Uri, Baramulla district of the Union Territory of Jammu & Kashmir. Shri Bhupender Gupta, Chairman and Managing Director (CMD), NHPC...

POWERGRID, Resonia and Dilip Buildcon acquire four TBCB transmission SPVs

Four special purpose vehicles (SPVs) associated with power transmission projects changed ownership between May 29 and May 30, 2026, under the tariff-based competitive bidding (TBCB) framework. Power Grid Corporation of India Limited (POWERGRID)...

RMC Switchgears reports 26.4% revenue growth in FY26

RMC Switchgears Limited reported consolidated revenue from operations of Rs 401.59 crore for the financial year ended March 31, 2026, registering a year-on-year growth of 26.40%, according to a stock exchange filing. The company recorded consolidated...

Adani Energy Solutions appoints Ashok Jagetiya as CFO

Adani Energy Solutions Limited has announced a change in its Chief Financial Officer (CFO), with effect from the close of business hours on May 30, 2026. The Board approved the appointment of Ashok Jagetiya as CFO and KMP with effect from May 31...

RVUNL awards 53 km transmission line contract for Pugal solar park

Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) has issued a Letter of Award (LoA) to a joint venture of Mohan Energy Corporation Pvt. Ltd. and Shilpa Steel and Power Ltd., Nagpur, for the development of transmission infrastructure linked to a...

IREDA posts record Rs 1,873 crore profit in FY26

Indian Renewable Energy Development Agency (IREDA) reported its highest-ever annual profit after tax (PAT) of Rs 1,873 crore for FY 2025-26, registering a 10% increase over Rs 1,699 crore recorded in FY25. The company’s Board recommended a final...

Monthly Magazine

Subscribe To Our Newsletter

Loading

Recent Posts

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...