Power Sector News Roundup for October 10, 2025
Global:
Brookfield raises USD 20 billion for second global transition fund
AIIB approves $52m loan for Sri Lanka’s Kerawalapitiya-Port L transmission line
India:
Global:
Brookfield raises USD 20 billion for second global transition fund
AIIB approves $52m loan for Sri Lanka’s Kerawalapitiya-Port L transmission line
India:
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…
Maharashtra clears Rs 12,303 crore MAGESTIC clean energy programme The Maharashtra government has approved a Rs 12,303 crore programme to expand renewable energy and grid infrastructure. The MAGESTIC initiative targets increasing renewable energy share from 17% to 50% by 2030 and includes 40 new substations, transmission upgrades, and high-efficiency conductors. It plans 16,000 MWh of…
Global: US ends $7 billion Solar for All program after funding cut India: ReNew Power to launch India IPO Grid-India issues draft rules for ISTS-connected ESS Punjab government withdraws land pooling policy Q1 and FY results: SECI, SJVN, Kalpataru Projects, Suzlon Energy L&T wins Adani Power contract for 6,400 MW thermal project Ministry of Coal…
Global: Bahrain begins work on first large-scale solar power plant India: Inox Green signs deal for O&M of 182 MW wind projects Cabinet clears Arunachal’s Tato-II hydro project NLCIL and BARC partner to extract rare earth elements from fly ash Tata Power to build 700 MW wind project in Anantapur Adani Energy forms new wholly…
CleanMax reports record FY2025-26 EBITDA as RE portfolio expands Clean Max Enviro Energy Solutions Limited reported its highest-ever consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) for FY2025-26, supported by growth in its operational renewable energy (RE) portfolio and increasing demand from the data and artificial intelligence (AI) sector. Operational RE power sales capacity…
Global: First stage of Waratah Super Battery begins operation in NSW India: End of ISTS charge waiver may impact 26 GW of renewable projects: Crisil Supreme Court affirms state regulators’ role in setting power tariffs NTPC plans Rs 80,000 crore investment in RE projects in Telangana ACWA Power to develop 800 MW solar + battery…