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Reliance Power subsidiary wins 750 MW FDRE project from SJVN

Reliance Power Limited’s wholly-owned subsidiary, Reliance NU Energies Private Limited, has received a Letter of Award from SJVN Limited for a 750 MW / 3,000 MWh Firm and Dispatchable Renewable Energy (FDRE) project. The award, issued on November 10...

JSW Energy raises Rs 250 crore through issue of unsecured NCDs

JSW Energy Limited has completed the allotment of Rs 250 crore in unsecured, listed Non-Convertible Debentures (NCDs). The Finance Committee approved the issuance on November 12, 2025, as part of a board-approved plan to raise up to Rs 3,000 crore...

SJVN to raise Rs 1,000 crore through revenue securitization of Nathpa Jhakri project

SJVN Limited’s Board of Directors has approved a proposal to raise up to Rs 1,000 crore and released its financial results for the quarter ended September 30, 2025. The decisions were taken during the board meeting held on November 10, 2025, and...

Waaree Energies secures 360 MW solar module order

Waaree Energies Ltd. has received a new order to supply 360 MW of solar modules to a domestic developer engaged in utility-scale solar and energy storage projects. The agreement was finalised on November 11, 2025. In a filing to BSE Limited and the...

PXIL appoints Vivek Singla as Managing Director and CEO

Power Exchange India Limited (PXIL) has appointed Vivek Singla as its Managing Director and Chief Executive Officer. Singla brings over 35 years of experience across the power sector, including generation, transmission, distribution, renewable...

JSW Energy commissions India’s largest green hydrogen plant

JSW Energy has commissioned India’s largest green hydrogen manufacturing plant, marking its entry into commercial-scale hydrogen production. The facility, located next to the JSW Steel plant in Vijayanagar, Karnataka, has been developed under Tranche...

Adani Group to build India’s largest battery storage project at Khavda

The Adani Group has announced its entry into the Battery Energy Storage Systems (BESS) sector with a 1,126 MW / 3,530 MWh project at Khavda, Gujarat. The facility, comprising more than 700 BESS containers, will be India’s largest energy storage...

Prozeal Green signs PPA with Grasim Industries for 70 MW hybrid project

Prozeal Green Energy Limited has entered into a power purchase agreement (PPA) with Grasim Industries Limited to develop a 70 MW wind–solar hybrid project. The capacity includes 49.5 MW in Gujarat and 20.5 MW in Andhra Pradesh. The project...

ReNew Energy secures $331 million ADB loan for hybrid project

ReNew Energy has received $331 million in debt financing from the Asian Development Bank (ADB) to develop a large-scale clean energy project in Andhra Pradesh. The financing includes up to $291 million in local currency from ADB’s ordinary capital...

RDB Infra, NRG Renewable to build 51 MW solar project in Maharashtra

RDB Infrastructure and Power Limited has signed a memorandum of understanding (MoU) with NRG Renewable Resources Private Limited to develop a 51 MWac solar power project in Maharashtra. The project, valued at Rs 2.77 billion, will be executed across...

Amar Infrastructure wins SECI’s BoS tender for 200 MW solar project in MP

Amar Infrastructure has secured the Solar Energy Corporation of India’s (SECI) balance of system (BoS) contract for a 200 MW ground-mounted solar photovoltaic (PV) project in Madhya Pradesh. The company quoted approximately Rs 4.39 billion to win the...

ReNew Energy net profit declines 5%, Torrent Power and others post strong Q2 growth

ReNew Energy reported a 5.3% year-on-year drop in its consolidated net profit to Rs 467.5 crore for the September quarter (Q2 FY26), compared to Rs 493.9 crore in the same period last year. The company’s total income, however, rose to Rs 3,855.7...

PM Modi inaugurates projects worth Rs 8,260 crore in Uttarakhand

Prime Minister Narendra Modi inaugurated and laid the foundation stone for projects worth Rs 8,260 crore in Uttarakhand on November 9, 2025, marking the state’s 25th foundation day. The projects span key sectors including energy, drinking water...

Saatvik Solar wins Rs 2.99 billion domestic solar module orders

Saatvik Solar Industries Private Limited, a material subsidiary of Saatvik Green Energy Limited, has secured domestic orders worth approximately Rs 2.99 billion for the supply of solar photovoltaic modules. The contracts were awarded by three...

GK Energy signs agreement to procure 875 MW of DCR-compliant solar cells

GK Energy Limited has signed an agreement with a domestic manufacturer for the supply of 875 MW of domestic content requirement (DCR) compliant solar photovoltaic cells. The procurement includes 450 MW of Mono PERC and 425 MW of TOPCon cells. The...

REC, SJVN, Reliance Power, and others report Q2 results

Several power sector companies have released their unaudited financial results for the second quarter (Q2) of FY 2025-26, showing varied performance across the sector. REC Limited posted a net profit of Rs 44.14 billion for Q2 FY 2025-26, up 9.3%...

JSW Energy commissions 85 MW of new renewable capacity

JSW Energy Limited has announced the successful commissioning of 85 MW of new renewable capacity, comprising 74 MW of solar projects, including a portion of the NHPC Hybrid Project, and 11 MW of wind capacity. With this addition, the company’s total...

PFC and REC form new SPVs for interstate transmission projects

Power Finance Corporation Ltd. (PFC) and REC Limited have announced the formation of new special purpose vehicles (SPVs) to advance key interstate power transmission projects.   PFC Consulting Limited (PFCCL), a wholly owned subsidiary of PFC, has...

Transformers and Rectifiers secures Rs 103 crore order from GETCO

Transformers and Rectifiers (India) Limited (TARIL) has received a domestic order worth Rs 103.45 crore from Gujarat Energy Transmission Corporation Limited (GETCO) for the manufacturing and supply of 54 transformers of various types. In a regulatory...

Tata Power completes second tranche of investment in Bhutan hydropower project

Tata Power Company Limited has completed the second tranche of its planned investment in Khorlochhu Hydro Power Limited (KHPL), securing a 40% equity stake in the company developing a 600 MW hydropower project in Bhutan. The latest infusion of Rs 60...

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Sugs Lloyd, Oswal Pumps win Bihar rooftop solar orders worth Rs 804 crore

Sugs Lloyd Limited and Oswal Pumps Limited have announced receipt of Letters of Award (LOAs) from...

Maharashtra expands green data center park policy statewide

The Maharashtra government has amended its Integrated Green Data Center Parks policy, expanding the...

KERC proposes unified GNA framework for Karnataka power network

The Karnataka Electricity Regulatory Commission (KERC) has issued draft regulations proposing a...

CEA to mandate grid-forming inverters for new BESS projects

The Central Electricity Authority (CEA) has decided to mandate Grid Forming Inverters (GFM) for all...

NLC India commissions final 660 MW unit of Ghatampur thermal project

NLC India Limited has declared commercial operation declaration (COD) for Unit-3 of the Ghatampur...

JSW Energy to acquire 300 MW thermal plant in Chhattisgarh

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HG Infra beats Adani Energy, Power Grid to win Jharkhand transmission project

H.G. Infra Engineering Limited (HGFINRA) has received a letter of intent (LOI) from REC Power...

Centre approves Rs 531 crore CFA for Rajasthan PM-KUSUM projects

The central government has approved Rs 531 crore in Central Financial Assistance (CFA) for 553 solar...

Kandla green hydrogen transmission project stalls after Reliance withdraws bid

India’s planned transmission system for Green Hydrogen and Green Ammonia manufacturing in Gujarat’s...

Maharashtra clears Rs 11,700 crore in transmission projects across Mumbai, Pune and Gadchiroli

The Maharashtra Transmission Committee (MTC) has approved a series of transmission projects worth...