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Adani Energy reports higher order book, smart meter growth in Q3 FY26
Adani Energy Solutions Limited (AESL) has released its provisional operational update for the third quarter of fiscal year 2026 (Q3 FY26), reporting a sharp expansion in its transmission order book, stable network performance, and steady progress in its smart metering business. During the quarter, AESL secured the KPS III Khwada South Olpad High Voltage Direct…
JSW Renew, NTPC sign PPA for 700 MW solar project
JSW Renew Energy Thirteen Limited, a subsidiary of JSW Energy, has signed a Power Purchase Agreement (PPA) with NTPC Limited for a 700 MW solar project. The 25-year agreement sets a tariff of Rs 2.59 per kilowatt-hour (KWh) and connects the project to both the Inter-State Transmission System (ISTS) and State Transmission Utility (STU). The…
AMPIN Energy partners with Varroc, secures 27 MWp solar project
AMPIN Energy Transition has signed an agreement with Varroc Group for an additional 27 MWp solar power project in Maharashtra, building on earlier solar installations across Maharashtra, Karnataka, Uttar Pradesh, and Tamil Nadu. This new capacity brings Varroc’s total contracted solar power with AMPIN to over 60 MWp, enabling the Group to source around 70%…
EIB backs Bay of Biscay power link with €1.6bn investment
The European Investment Bank (EIB) has committed €1.6 billion (around $1 billion) to the Bay of Biscay electricity interconnection project, which will significantly expand electricity exchange between Spain and France. Led by Inelfe—a joint venture of Spain’s Red Eléctrica and France’s Réseau Transport d’Électricité—the project involves building a submarine direct current line between the two…
POWERGRID wins Pune Region-I transmission expansion project
Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder for an intra-state transmission project in Maharashtra under the Tariff Based Competitive Bidding (TBCB) framework, the company informed exchanges today. The Letter of Intent (LoI) was received on February 11, 2026, for the project titled “Network Expansion scheme in Maharashtra for removal…
MHI mandates localisation of EV truck electronics under PM E-DRIVE
The Ministry of Heavy Industries (MHI) has mandated domestic manufacturing of key electronic systems used in electric trucks, including battery management systems (BMS), DC-DC converters, and vehicle control units (VCUs), from September 1, 2026. Compliance with these localisation norms is required for manufacturers to qualify for incentives under the government’s e-truck subsidy programme. The directive,…
