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NLC India targets 2 GW renewable addition this financial year

NLC India Limited is progressing with its renewable energy expansion and aims to add around 2 GW of capacity by the end of the current financial year, according to details shared during an investor call by M. Prasanna Kumar, Director. The company is...

Waaree subsidiary plans 16 GWh battery gigafactory in Andhra Pradesh

Waaree Energy Storage Solutions Private Limited, a wholly owned subsidiary of Waaree Energies Limited, is in discussions with the Government of Andhra Pradesh to set up an integrated lithium-ion battery gigafactory with a proposed investment of about...

ACME Urja One signs PPA with SECI for 190 MW hybrid project

ACME Urja One Private Limited, a wholly owned subsidiary of ACME Solar Holdings Limited, has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited (SECI) for a 190 MW Inter-State Transmission System (ISTS)-connected...

InoxGFL Group firms win bid for Wind World IPP and O&M businesses

Two companies under the INOXGFL Group have been declared successful bidders to acquire the Independent Power Producer (IPP) and Operations & Maintenance (O&M) businesses of Wind World India Limited. The transactions were executed through a...

PFCCL issues RfP for synchronous condenser project at Fatehgarh-II

PFC Consulting Limited (PFCCL), acting as Bid Process Coordinator, has issued a Request for Proposal (RfP) to select a Transmission Service Provider (TSP) for installation of two synchronous condenser units at the 765/400/220kV Fatehgarh-II Pooling...

Power Mech wins EPC orders for Adani thermal projects

Power Mech Projects Limited has informed stock exchanges that it has secured large-scale contracts exceeding Rs 1,000 crore. The orders were awarded by two subsidiaries of Adani Power Limited and relate to erection, testing, and commissioning...

Pace Digitek subsidiary wins USD 1.35 million mobile BESS order

Pace Digitek Limited has informed stock exchanges that its material subsidiary, Lineage Power Private Limited, has secured a purchase order valued at USD 1,346,210 from an international client for mobile battery energy storage systems. In a...

GEAPP launches India grid accelerator with $25 million commitment

The Global Energy Alliance for People and Planet (GEAPP) has launched the India Grids of the Future Accelerator at Mumbai Climate Week 2026, committing up to $25 million to modernise power distribution infrastructure. The platform aims to help...

CleanMax sets Rs 1,000–1,053 IPO price band; issue opens February 23

CleanMax Enviro Energy has fixed a price band of Rs 1,000 to Rs 1,053 per share for its initial public offering (IPO). The issue will open for subscription on February 23, 2026, and close on February 25, marking a listing focused on the...

MIGA issues $197.67 million guarantee for SBI rooftop solar refinancing

The Multilateral Investment Guarantee Agency (MIGA), part of the World Bank Group (WBG), has issued a $197.67 million guarantee to support refinancing of a $500 million World Bank loan extended to State Bank of India (SBI) for grid-connected rooftop...

Greenzo, Lord’s Mark sign MoU for 60 MW green hydrogen projects in UP

Indian clean-technology company Greenzo Energy has signed a strategic memorandum of understanding (MoU) with Lord’s Mark Industries to develop about 60 MW of green hydrogen projects in Uttar Pradesh. The facilities will be located across four cities...

L&T, NVIDIA plan gigawatt-scale AI infrastructure venture in India

Larsen & Toubro (L&T) has proposed a venture with NVIDIA to build gigawatt-scale artificial intelligence infrastructure in India. The collaboration was announced at the India AI Summit on February 18, 2026, to position India as a global...

AdaniConneX incorporates Navi Mumbai Power Distribution subsidiary

AdaniConneX Private Limited (ACX), a 50:50 joint venture of Adani Group and EdgeConneX, has incorporated a wholly owned subsidiary, Navi Mumbai Power Distribution Limited (NMPDL). NMPDL has been incorporated in India and registered with the Registrar...

SECI signs MoU with Mumbai Port Authority for solar deployment

Solar Energy Corporation of India Limited (SECI) has signed a Memorandum of Understanding (MoU) with Mumbai Port Authority to facilitate the deployment of solar power across port facilities. The agreement aims to support the use of clean energy...

NHPC achieves DT-3 breakthrough at 2,880 MW Dibang project

NHPC Limited has completed the daylighting of Diversion Tunnel-3 (DT-3) at the 2,880 MW Dibang Multipurpose Project on February 17, 2026, marking a key construction milestone. The final blast for the tunnel breakthrough was initiated remotely by...

Saatvik Solar subsidiary secures Rs 44.1 crore PV module order

Saatvik Green Energy Limited has announced that its material subsidiary, Saatvik Solar Industries Private Limited, has received and accepted an order worth Rs 44.10 crore for the supply of solar photovoltaic (PV) modules. The order is scheduled for...

Bajel Projects forms 50:50 JV with ASC in Saudi Arabia

Bajel Projects Limited has signed a joint venture agreement with Al Sharif Contracting and Commercial Development Company (ASC) to set up a new entity in the Kingdom of Saudi Arabia. The agreement, executed on February 17, 2026, establishes a 50:50...

BHEL secures Captive Power Plant order from SAIL

Bharat Heavy Electricals Limited (BHEL) has received a Letter of Acceptance (LOA) from Steel Authority of India Limited (SAIL) for setting up a Captive Power Plant (CPP) at the IISCO Steel Plant in Burnpur. The order, valued between Rs 1,200 crore...

MNRE extends domestic sourcing deadline for wind turbine bearings

The Ministry of New and Renewable Energy (MNRE) has extended timelines for meeting domestic sourcing requirements for specific wind turbine bearings under the Approved List of Models and Manufacturers (ALMM). The decision covers main bearings, yaw...

Sumil Mathur appointed Group CFO at Sterlite Electric

Sterlite Electric has appointed Sumil Mathur as Group Chief Financial Officer (CFO). He will oversee global financial strategy, capital management and corporate governance across the group’s businesses. In his new role, Mathur will be responsible for...

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GREW Solar secures Rs 500 crore repeat module order

GREW Solar has received a repeat order worth about Rs 500 crore from an independent power producer...

PM-KUSUM 2.0 to include 10 GW agrivoltaic component

The government is preparing PM-KUSUM 2.0 with a dedicated 10 GW agrivoltaic (agri-PV) component to...

Aerem appoints Nilesh Malani as Executive Director

Aerem has appointed Nilesh Malani as Executive Director. In this role, he will lead the company’s...

Eastman commissions 800 MW solar module facility in Haryana

Eastman Auto & Power Limited (EAPL) has operationalised an 800 MW solar photovoltaic (PV) panel...

KEC International secures Rs 1,476 crore T&D orders across regions

KEC International Limited has secured new orders worth Rs 1,476 crore across its Transmission and...

Indo-Tech Transformers loses Rs 65 crore ReNew Wind transformer order

Indo-Tech Transformers Limited has disclosed the cancellation of a Rs 64.99 crore order from Renew...

ACME Solar commissions third phase of Jaisalmer battery storage project

ACME Solar Holdings Limited (ASHL) has commissioned the third phase of its battery energy storage...

Dilip Buildcon receives LoI for 400 kV Mekhali substation project in Karnataka

Dilip Buildcon Limited (DBL) has received a Letter of Intent from REC Power Development and...

Hygge Energy partners Atria Renewable for P2P rooftop solar trading in Bengaluru

Hygge Energy has partnered with Atria Renewable to expand peer-to-peer (P2P) rooftop solar trading...

Power Sector News Roundup for March 11, 2026

Solex Energy’s 3.78 GW Surat module plant added to MNRE ALMM list Solex Energy Limited has received...