Power Sector News Roundup for October 17, 2025

India Waaree Energies announces CEO succession, subsidiary starts solar plant Waaree Energies Limited reported two major developments, including a leadership transition and expansion of manufacturing capacity. Its subsidiary, Waaree Power Private Limited, has started production at two solar inverter manufacturing lines at Sarodhi-Valsad, Gujarat, each with 1.525 GW capacity, totaling 3.05 GW. Operations began at…

India NTPC posts marginal rise in Q2 profit despite lower revenue NTPC Limited posted a marginal 0.11% increase in consolidated net profit at Rs 4,653 crore for Q2 FY25, compared to Rs 4,648 crore in the same quarter last year. Revenue from operations fell 2.9% year-on-year to Rs 39,166 crore. Earnings before interest, tax, depreciation,…

KPI Green subsidiary signs BESPA with GUVNL for 445 MW BESS projects KPI Green Energy Limited announced that its subsidiary, Sun Drops Energia Limited, has signed a Battery Energy Storage Purchase Agreement (BESPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) for standalone battery energy storage system (BESS) projects. The agreement covers projects with an aggregate…

EAC clears Adani’s 1,200 MW pumped storage project in Uttar Pradesh The Expert Appraisal Committee (EAC) for River Valley and Hydroelectric Projects has recommended granting Terms of Reference (ToR) for the proposed 1,200 MW Cherue Pumped Storage Project in Sonbhadra district, Uttar Pradesh. Adani Hydro Energy Six Limited will develop the project, with the recommendation…