Power Sector News Roundup for August 29, 2025

Author: PPD Team Date: November 13, 2025 India PXIL appoints Vivek Singla as Managing Director and CEO Power Exchange India Limited has appointed Vivek Singla as its Managing Director and Chief Executive Officer. Singla has over 35 years of experience in the power sector, covering generation, transmission, distribution, renewables, and green hydrogen. An alumnus of Delhi Institute of Technology, FMS Delhi University, and ISB Hyderabad, he is known for leadership in business transformation and deal…

Author: PPD Team Date: December 12, 2025 India CTUIL issues draft procedure for changing declared renewable energy source The Central Transmission Utility of India Limited released a draft procedure that defines how projects can change their declared renewable energy source after receiving grid connectivity approval. CTUIL has invited comments by 27 December 2025. The draft was published on 11 December 2025 under the Central Electricity Regulatory Commission Connectivity and General Network Access Regulations 2022. It…

Author: PPD Team Date: November 6, 2025 India INOX India, Suzlon Energy, and ACME Solar report Q2 FY26 results INOX India Ltd reported a 16% year-on-year revenue increase to Rs 371 crore in Q2 FY26, with EBITDA rising 18% to Rs 92 crore and profit after tax up 22.9% to Rs 62 crore. Export revenue stood at Rs 211 crore, contributing 57% to total income. For the first half of FY26, revenue reached Rs 723…

Author: PPD Team Date: February 6, 2026 MNRE clarifies customs duty eligibility for wind turbine components Ministry of New and Renewable Energy (MNRE) has issued a circular clarifying revised eligibility for concessional customs duty on imported forged steel rings used in wind energy generators. The clarification, dated 04 February 2026, follows Notification No. 02/2026-Customs issued by the Department of Revenue on 01 February 2026. The notification inserts a new clause covering forged steel rings classified…

Author: PPD Team Date: February 25, 2026 Vikram Solar signs Rs 2,000 crore domestic cell supply deal Vikram Solar Limited has signed a domestic solar cell procurement agreement with Jupiter International Limited to source 2 GW of crystalline solar cells valued at about Rs 2,000 crore. The agreement was executed on February 20, 2026. The contract covers the supply of high-efficiency Tunnel Oxide Passivated Contact (TopCon) Solar Cells and high-efficiency mono Passivated Emitter and Rear…