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GE Verova T&D and JSW Energy report profit growth in Q1 FY26

GE Verova T&D India Limited and JSW Energy posted significant year-on-year gains in their financial results for the first quarter of 2025–26. GE Verova T&D reported a net profit of Rs 2.91 billion, up 117.16 per cent from Rs 1.34 billion in...

Odisha seeks early approval of Rs 3,069 crore for power upgrades

The Odisha government has requested early clearance of Rs 3,069 crore under the revamped distribution sector scheme (RDSS) to strengthen its power distribution system and reduce technical and commercial losses. The proposed funding will support...

Juniper Green signs PPA with GUVNL for 100 MW wind project

Juniper Green Bess Two Private Limited, a subsidiary of Juniper Green Energy, has signed a power purchase agreement with Gujarat Urja Vikas Nigam Limited (GUVNL) for a 100 MW wind power project in Gujarat.  The agreement was signed on July 18. The...

NTPC and Tangedco to acquire forest land for Upper Bhavani project

NTPC and Tangedco are expected to acquire 200 hectares for the Upper Bhavani Pumped Storage Hydroelectric Project, mostly from land held by the forest department. The project area lies near Upper Bhavani and Avalanche, both known for high...

MNRE enlists 13 GW capacity in first ALMM List-II for solar PV cells

The Ministry of New and Renewable Energy (MNRE) has released the first version of its Approved List of Models and Manufacturers (ALMM) List-II for solar photovoltaic (PV) cells, featuring a total listed capacity of 13,066 MW from six manufacturers...

MNRE makes domestic sourcing of key wind turbine components mandatory

The Ministry of New and Renewable Energy (MNRE) has issued a directive mandating the use of select components from its Approved List of Models and Manufacturers (ALMM) for all wind turbines going forward. According to the ministry, the ALMM (Wind)...

Centre cancels 11.4 GW renewable tenders

Central agencies have cancelled 11,400 MW of renewable energy tenders since April 2023 due to low participation, high tariffs, and withdrawal by end-procurers. Minister of State for New and Renewable Energy Shripad Yesso Naik said SECI, NTPC, NHPC...

Centre advances long-delayed Sawalkote hydro project

The Union government has initiated steps to construct the 1,856 MW Sawalkote Hydroelectric Project on the Chenab River in Jammu and Kashmir, a project originally planned in the 1960s. The revival of this project follows India’s decision to suspend...

Schneider Electric to take full ownership of India unit

Schneider Electric has announced it will acquire the remaining 35 per cent stake in its Indian joint venture from Temasek for €5.5 billion (approximately USD 6.4 billion), aiming for complete control of its operations in India. The deal will give...

SAEL commissions 50 MW solar project in Maharashtra

SAEL Industries Limited has commissioned a 50 MW ground-mounted solar power plant in Beed, Maharashtra, through its subsidiary Solar RE Power.  The project features bifacial TOPCon modules and is backed by a 25-year power purchase agreement with the...

ACME wins SECI’s first green ammonia auction

India’s first green ammonia auction under the Strategic Interventions for Green Hydrogen Transition (SIGHT) programme concluded with ACME Cleantech Solutions securing the winning bid. The company will supply 75,000 metric tonnes of green ammonia...

Private investment in thermal power to surge: Crisil

India’s thermal power sector is poised for a major investment revival, with private players expected to invest Rs 77,000 crore between FY26 and FY28, according to a report by Crisil Ratings. This marks a shift from the past decade, as firms...

One crore households to get rooftop solar by 2026–27 under PM Surya Ghar

The Centre plans to install rooftop solar systems in one crore households by 2026–27 under the PM Surya Ghar: Muft Bijli Yojana, Union Minister for New and Renewable Energy Pralhad Joshi recently informed the Lok Sabha.  According to the minister...

Telangana to launch new DISCOM for free power schemes

The Telangana government will set up a new power distribution company (DISCOM) to manage free electricity schemes and ease the financial burden on existing utilities. The new entity will operate alongside the current Telangana Northern Power...

Solarium Green bags Rs 26.6 crore rooftop solar orders from NTPC

Solarium Green Energy Limited has secured two rooftop solar contracts worth approximately Rs 26.6 crore from NTPC Vidyut Vyapar Nigam Limited (NVVN). The work orders, dated 24 July 2025, cover engineering, procurement, and construction (EPC) of...

DPIIT signs MoU with Ather Energy to support EV startups

The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, has signed a Memorandum of Understanding (MoU) with Ather Energy Limited. The partnership is part of the Build in Bharat initiative, led...

KEC International wins orders worth Rs 1,509 crore

KEC International Ltd has announced new order wins totalling Rs 1,509 crore across its transmission, transport, and cable businesses, according to a company press release. In its Transmission and Distribution (T&D) segment, the company has...

PFC transfers Angul Sundargarh transmission project to HG Infra

Power Finance Corporation Ltd (PFC) has transferred its subsidiary, Angul Sundargarh Transmission Ltd, to HG Infra Engineering Ltd. Angul Sundargarh Transmission Ltd is a special purpose vehicle (SPV) for the Eastern Region Generation Scheme-I...

Reliance Group plans Rs 180 billion fundraise for energy expansion

Reliance Group has secured board approvals from Reliance Infrastructure and Reliance Power to raise Rs 180 billion through a mix of equity and debt to support its expansion into the power and renewable energy sectors. According to the company’s...

Adani Energy places Rs 135 bn conductor order with Diamond Power

Diamond Power Infrastructure Limited (DPIL) has received a letter of intent from Adani Energy Solutions Limited (AESL) for the supply of 24,080 kilometres of aluminium alloy-59 high-performance conductors. The order is valued at Rs 134.91 billion...

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Recent Posts

CERC clears over 13,000 MW in March adoption orders

The Central Electricity Regulatory Commission issued a batch of tariff adoption orders through March...

Power Sector News Roundup for April 10, 2026

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JSW Energy exercises option to acquire full stake in JMPCL

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Saatvik Solar secures Rs 108.75 crore module order

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