Power Sector News Roundup for June 24, 2025
Author: PPD Team Date: June 24, 2025
Author: PPD Team Date: June 24, 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: December 19, 2025 India JSW Energy plans to expand Salboni thermal project to 3,200 MW JSW Energy said it plans to double the capacity of its Salboni thermal power project in West Bengal to 3,200 MW, with total investment expected to rise to around Rs 40,000 crore. The company is currently developing the first phase, a 1,600 MW ultra supercritical plant with two 800 MW units, which has already received environment…
Author: PPD Team Date: April 17, 2026 REC appoints Rajesh Kumar as Director (Finance) and CFO REC Limited has appointed Shri Rajesh Kumar as Director (Finance) and Chief Financial Officer (CFO), effective April 2, 2026. The Board of Directors approved the appointment at its meeting held on April 15, 2026, following an intimation submitted to stock exchanges on April 2, 2026. Shri Rajesh Kumar has over 30 years of experience in the public sector, focused…
Author: PPD Team Date: April 9, 2026 CCEA clears Rs 40,175 crore for two hydro projects in Arunachal Pradesh The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved investments totalling Rs 40,175.33 crore for two hydroelectric projects in Arunachal Pradesh, adding 2,920 MW to the grid. The 1,720 MW Kamala Hydroelectric Project, approved at Rs 26,069.50 crore, will be developed by NHPC and the state government, with central support…
Author: PPD Team Date: March 18, 2026 NCT clears Rs 9,980 crore transmission schemes in eastern and western regions The National Committee on Transmission (NCT) approved two transmission schemes worth about Rs 9,980 crore on February 25, 2026. The eastern scheme includes the Nawada-Durgapur-Jeerat 765 kV corridor at Rs 5,270.09 crore to improve Kolkata supply reliability and evacuate power from NTPC’s 2,400 MW Nabinagar STPP Stage-II. The western scheme, costing Rs 4,710.17 crore (Part-A), supports…
Author: PPD Team Date: November 11, 2025 India Waaree Renewable Technologies expands EPC contract by Rs 27.22 crore Waaree Renewable Technologies Ltd. has expanded the value of its existing engineering, procurement, and construction (EPC) contract for a 980 MWp / 700 MWac solar project by Rs 27.22 crore. The company received formal confirmation of the enhancement on November 10, 2025. With this revision, the total contract value now stands at Rs 1,017.82 crore, including taxes….