Power Sector News Roundup for August 5, 2025

Author: PPD Team Date: January 30, 2026 India GE Vernova, L&T and Bondada report strong Q3 FY26 performance GE Vernova T&D India Limited, Larsen and Toubro Limited and Bondada Engineering Limited reported strong quarterly performance, supported by higher order inflows, improved execution and margin expansion. GE Vernova T&D India recorded a 58% year on year rise in revenue to Rs 17.0 billion and profit after tax of Rs 2.9 billion, with order bookings growing 41%…

Author: PPD Team Date: January 28, 2026 India IOC plans Rs 1 lakh crore investment for 18 GW green energy by 2030 Indian Oil Corporation Ltd. plans to invest around Rs 1 lakh crore to build an 18 GW green energy portfolio by 2030. The company aims to acquire up to 12 GW of renewable capacity and develop another 6 GW organically through its green energy arm, Terra Clean Ltd. The total equity requirement for…

Author: PPD Team Date: December 16, 2025 India APAR Industries announces leadership change in Cable Solutions APAR Industries Limited reported a leadership transition in its Cable Solutions division following the resignation of its Chief Executive Officer. Mr Shashi Amin stepped down from the role with effect from the close of business hours on 12 December 2025 to pursue opportunities outside the organisation. The company appointed Mr Chandrashekhar Shrotri as the new Chief Executive Officer with…

Author: PPD Team Date: January 28, 2026 India POWERGRID promotes twelve officials to Executive Director roles Power Grid Corporation of India Limited has promoted twelve senior officials to Executive Director roles, effective 25 January 2026, following board approval on the same date. The appointees are classified as Senior Management Personnel, one level below the Board. Key appointments include Abhinav Verma for Rajasthan Projects, Vineeta Agarwal as Chief Executive Officer of Powergrid Energy Services Limited, and…