Power Sector News Roundup for September 24, 2025

Author: PPD Team Date: December 18, 2025 India ACME Solar appoints new CPO, secures Rs 4,725 crore financing ACME Solar Holdings Limited announced the appointment of Ayalur S Kumar as Chief Procurement and Supply Chain Officer on 17 December 2025. Kumar brings over 30 years of experience across renewable energy, electric vehicle infrastructure, and the power sector, with prior roles at Fortum, Skoda Power, ABB, and Alstrom. Separately, on 18 December 2025, ACME Solar disclosed…

Author: PPD Team Date: January 19, 2026 India Waaree group adds eight IPP-focused step-down subsidiaries Waaree Energies Limited disclosed the incorporation of eight wholly owned subsidiaries through its step-down arm, Waaree Forever Energies Private Limited. The entities were incorporated between January 13 and January 15, 2026, to hold specific independent power producer projects. Each subsidiary has been created solely for individual IPP assets and has not commenced operations, reporting nil turnover. WFEPL holds 100% equity…

Author: PPD Team Date: November 27, 2025 India Pace Digitek subsidiary wins BESS order for Bihar power project Lineage Power Private Limited, a material subsidiary of Pace Digitek Limited, has secured a BESS order from Larsen and Toubro Construction for the Bihar State Power Generation Company Limited project in Kajra. The contract includes LiFePo4 liquid cooling BESS containers valued at Rs 1,994.20 million. It covers 55 units with a total capacity of 275,825 kWh, with…

Author: PPD Team Date: November 20, 2025 India Tata Power commissions NHPC’s 300 MW solar project in Rajasthan Tata Power Renewable Energy Limited has completed NHPC Limited 450 MWp DC or 300 MW AC solar project at Karnisar Bhatiyan in Bikaner. The company executed the work as the EPC contractor and brought the project online after two and a half years. The project uses DCR compliant modules and supplies all power to Punjab State Power…

Author: PPD Team Date: February 25, 2026 Vikram Solar signs Rs 2,000 crore domestic cell supply deal Vikram Solar Limited has signed a domestic solar cell procurement agreement with Jupiter International Limited to source 2 GW of crystalline solar cells valued at about Rs 2,000 crore. The agreement was executed on February 20, 2026. The contract covers the supply of high-efficiency Tunnel Oxide Passivated Contact (TopCon) Solar Cells and high-efficiency mono Passivated Emitter and Rear…

Author: PPD Team Date: February 6, 2026 Advait Energy wins Rs 20 crore ERS order from MSETCL Advait Energy Transitions Limited has secured a domestic Emergency Restoration System order from Maharashtra State Electricity Transmission Company Limited. The order was awarded on February 3, 2026, with a contract value of Rs 19,99,64,841.32, including taxes. It covers procurement of an ERS comprising ten towers, including six suspension towers and four angle towers. The execution period is six…