Power Sector News Roundup for April 6, 2026

JSW, Torrent Power get EAC nod for 1,600 MW coal plants in West Bengal, MP

The Expert Appraisal Committee for Thermal Projects has recommended environmental clearance for two 1,600 MW coal-based ultra-supercritical power projects by JSW Thermal Energy Limited and Torrent Power Limited. The projects, each comprising two units of 800 MW, will use domestic coal under the SHAKTI policy, with rail-based transport and zero liquid discharge systems. The JSW project in Paschim Medinipur, West Bengal, involves an investment of Rs 14,070 crore, while the Torrent project in Anuppur, Madhya Pradesh, is estimated at Rs 23,740 crore. Both projects include environmental measures, greenbelt development, and Corporate Environment Responsibility allocations. The proposals will proceed to the next appraisal stage subject to compliance with prescribed conditions.

IEX records highest ever annual electricity trade at 141 BU in FY’26

Indian Energy Exchange reported its highest ever annual traded electricity volume of 141 BU in FY 2025–2026, up 17% year on year. The growth was supported by improved supply liquidity and lower prices, with the Day-Ahead Market price declining 13.7% to Rs 3.86 per unit and the Real-Time Market price falling 16% to Rs 3.59 per unit. Quarterly traded volume reached 39.4 BU in Q4 FY’26, while March 2026 recorded a monthly high of 13.90 BU. Renewable Energy Certificate trading rose 5% to 187.20 lakh certificates during the year. The Green Market segment recorded 10.78 BU, up 23% year on year.

Resonia commissions 765 kV Fatehgarh–Beawar transmission corridor

Resonia Ltd has commissioned the 765 kV double-circuit Fatehgarh–Beawar transmission corridor spanning about 700 circuit kilometres, along with the 765/400 kV Beawar Substation. The project enables high-capacity evacuation of renewable energy and strengthens interstate transmission infrastructure. The substation includes two banks of 3×500 MVA transformers and multiple bus and line reactors for voltage regulation and grid stability. The scope covered right-of-way management, tower erection, stringing, protection systems, and grid integration. The project supports renewable energy integration and grid reliability.

Vikran Engineering wins Rs 530.8 crore MSEDCL distribution contracts

Vikran Engineering Limited has secured two contracts worth Rs 530.80 crore from Maharashtra State Electricity Distribution Company Limited under the Asian Development Bank-backed Power Distribution Enhancement Program. The projects cover Nashik (Rs 235.63 crore) and Kolhapur (Rs 295.17 crore) zones and will be executed on a turnkey basis. Scope includes substations, transmission lines, transformer augmentation, underground cabling, and GIS mapping with asset tagging. Both contracts are scheduled for completion within 21 months. The company stated that the orders were received in the ordinary course of business.

Resonia wins Hampapura transmission project in Karnataka

Resonia Ltd has received the letter of intent to develop the Hampapura intrastate transmission system in Mandya district, Karnataka, under the tariff-based competitive bidding framework. The project involves a 400 kV substation and associated transmission lines and will be executed through a special purpose vehicle transferred from REC Power Development & Consultancy Ltd. Resonia emerged as the L1 bidder among five participants. Other bidders included Adani Energy Solutions Limited, Dilip Buildcon Limited, KCC Buildcon Private Limited, and Power Grid Corporation of India Limited. The project marks Resonia’s entry into the intrastate transmission segment.

Germany’s onshore wind auction oversubscribed twofold; solar round draws weak interest

Bundesnetzagentur reported strong demand in Germany’s February 1, 2026 onshore wind tender, with 924 bids totalling 7,858 MW against 3,445 MW offered. Contracts were awarded to 439 projects, with tariffs averaging 5.54 ct/kWh, the lowest since 2018. In contrast, the solar tender for buildings and noise barriers was undersubscribed, with 155 MW awarded against 283 MW offered. Tariffs averaged 9.56 ct/kWh, slightly lower than the previous round. Regional allocation remained uneven, with Lower Saxony leading wind awards and North Rhine-Westphalia leading solar allocations.