Power Sector News Roundup for September 23, 2025

Maharashtra clears MSEDCL split, Mahavitaran IPO plan The Maharashtra cabinet has approved the restructuring of Maharashtra State Electricity Distribution Company Limited (MSEDCL), enabling its bifurcation and a planned stock market listing. The utility will be split into Mahavitaran for non-agricultural consumers and MSEB Solar Agro Power Limited (MSAPL) for agricultural supply, with Rs 2,500 crore…

REC approves Rs 1.6 lakh crore borrowing plan for FY27 The board of REC Limited has approved a market borrowing programme of up to Rs 1.6 lakh crore for FY27. The programme includes long-term bonds and non-convertible debentures (NCDs), external commercial borrowings (ECBs), green bonds, ESG bonds, short-term loans, and commercial papers. Long-term bonds and…

India CEA pushes national standard for DT design and maintenance The Central Electricity Authority held a meeting to push national standardisation of distribution transformer design and maintenance. Officials noted that failure rates average about 10 per cent, which equals nearly 1.3 million failures each year. Performance varies sharply across states, with some northern utilities above…

India A.P. Moller Capital to invest Rs 13.5 billion in renewable projects A.P. Moller Capital plans to invest up to Rs 13.5 billion in renewable projects developed by Rays Power Infra Limited. The funding will be channelled through project-specific special-purpose vehicles. It is expected to catalyse at least Rs 52 billion in overall capital expenditure….