NHPC Limited has secured approval from the Ministry of Corporate Affairs (MCA) for the merger of Lanco Teesta Hydro Power with NHPC.
The company also received a second insurance payment of Rs 2.50 billion related to business interruption losses from the October 2023 flash flood at the 510 MW Teesta-V Power Station.
NHPC, India’s largest hydropower developer, continues to expand into solar and wind energy.
Adani Enterprises Limited (AEL) has announced a long-term partnership with French clean-technology company Dioxycle to develop and scale low-carbon chemical manufacturing in India. The media release was submitted to stock exchanges on July 10, 2026. The collaboration will begin with a pilot facility at an Adani Group site to produce formic acid using captured carbon…
ACME Solar Holdings Limited has expanded its renewable and energy storage portfolio through a new power purchase agreement and the commissioning of additional battery storage capacity, according to separate regulatory filings. The company, through its wholly owned subsidiary ACME Renewtech Fifth Private Limited, has signed a Power Purchase Agreement (PPA) with the Solar Energy Corporation…
Bharat Heavy Electricals Limited (BHEL) is set to commission nine GW of thermal power generation capacity in the current financial year. This addition, valued at approximately Rs 650 billion, will contribute to the nation’s existing 237 GW thermal power capacity. The projects have been awarded to BHEL by power generation companies, including NTPC, Tamil Nadu,…
Power Finance Corporation (PFC) Limited reported a 15 per cent rise in its consolidated profit after tax (PAT) for FY 2024-25, reaching Rs 305.14 billion, up from Rs 264.61 billion in the previous year. The company’s loan asset book rose by 12 per cent, from Rs 9,908.2 billion to Rs 11,099.96 billion as of March…
The Government of Uttar Pradesh has set a target to generate 500 GW of solar power by 2030, focusing on regions like Bundelkhand, Vindhya, and surrounding areas. The goal is to establish these regions as major solar energy hubs. To support this transition, the state has signed memoranda of understanding with the Smart Energy Council…
The Central Transmission Utility has issued draft guidelines to regulate changes in ownership for power generation and storage projects that have not yet reached commercial operation. POWERGRID, acting as the Central Transmission Utility, released the draft on 02 December 2025 for stakeholder consultation. The proposed procedure applies to renewable energy generating stations other than hydro…